Reeling under Recession

There was a buzz… its more like a rumble!! There is a general consensus that the recession is having a sustained impact on the Middle East region, which of course manifests itself in the behavior and attitudes of professionals living and working here. As we all know, the recession naturally leads to a dearth in liquidity, which is made very clear by the fact that so many residents in the region have limited their spending and are also leaving the shores. Continue reading >>

Modern trend

Adding to the list of hatchbacks in India, Honda recently launched its latest up-street hatchback – the Honda Jazz. The base model is priced at Rs. 6.98 lakhs (ex-showroom Delhi) which by far is the most expensive small car in India. Jazz comes fully loaded with features and specifications one would usually expect to find in a mid size up-market sedan, going by the emerging trend in the market which is to go far the best small car money can buy (and going by the ever decreasing parking spaces) Honda Jazz seems like a good bet for the geeky-bopper segment of the market. Continue reading >>

Real Estate on the recovery path

One of the key indicators of economic activity is Commercial real estate transactions, which is showing first signs of stability after a free fall during the early part of this year. In my view, the market shows initial signs of holding on with possibility of prices not sliding further. This is certainly not a recovery as yet, but at least we can say the downturn has been arrested. Most Real Estate companies are getting enquires showing signs of demand trickling in. It is certainly a wait and watch scenario to gauge demand sustainability. Continue reading >>