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Falling value of the rupee against the US dollar is turning out to be a mixed bag for the industry with some sectors bearing the brunt while others, especially software exporters, are hoping for continued gains.
According to an ICRA analysis, first quarter of FY23 saw strong securitisation volumes, estimated to be around Rs 33,000 crore; it is around 90 per cent higher than Rs 17,200 crore in Q1 FY22.
Get latest articles and stories on Latest News at LatestLY. Rental income of retail malls is expected to increase by 30 per cent in this financial year compared to the last year mainly driven by pent-up demand, high vaccination coverage and resumption of multiplexes, according to a report. Latest News | Rental Income of Retail Malls to Increase by 30 Pc in FY23: Report.
The SON boss called for the return of the agency to the ports to help minimise the damage done by substandard products to the nation’s economy.
This is apart from 1,400 km of metro rail projects worth Rs 2 trillion in the approval/proposal stages, of which a 352-km of new metro network has been approved, with the balance being in the proposal stage.