Around 6,500 flats in Greater Noida are expected to be registered soon as developers have accepted the UP government's rehabilitation package. This is in contrast to Noida, where only 15 out of 57 realtors have accepted the package. The revenue from these projects is estimated to be over Rs 1,400 crore for the next two years. The response in Greater Noida is better due to the potential for growth.

This report from Geojit highlights the latest data on rabi crops in Telangana, showing a decrease in acreage compared to last year. Pulses and oilseeds saw significant declines, while millets and jowar saw increases. The state received scanty rainfall in January but has seen normal cumulative rainfall so far this year. The government has launched a center for excellence in commodity markets.

The Maharashtra cabinet has decided not to increase property tax in Mumbai and approved job fairs in the state. This decision will save residents Rs 736 crore. They also gave the go-ahead for a employment fair covering eight districts, costing Rs 30 crore. Other proposals approved include a mental well-being scheme for senior citizens and extending Urban Renewal Mission till March 2030.

Shares of Paytm are expected to continue falling on February 6 after a three-day lower circuit due to restrictions imposed by RBI on its payments bank business. The stock has already lost 42% in the last three days and may face further losses as brokerages have reduced target prices. To add to the company's troubles, CAIT has issued an advisory for businesses to switch to alternative payment apps.

The FMCG industry is facing a slowdown in rural demand due to low growth in private consumption, especially in industrial production. Rural real wages have been negative or marginally positive for years, and this trend has worsened since 2015-16. Surprisingly, there is no correlation between real rural wages and growth in private consumption expenditure.

WeWork may seek a new bankruptcy loan due to slow progress in rent negotiations and challenges with reducing rent costs from landlords. Landlords expressed frustration with the company's tactics, including withholding rent, while WeWork maintains it needs to prioritize saving the company. The value of its assets and cash on hand are now considered insufficient, potentially leading to a conversion.

Birlasoft, a mid-size IT company, has not seen an improvement in demand for its services due to continued macroeconomic uncertainty. They have also invested in technology and hiring teams, keeping their operating margin at 14%. The company is reducing smaller clients to focus on larger accounts and will continue to invest in their top 100 clients.

Asian shares up on Tuesday, boosted by rebound in Chinese markets and cautious investors amid a Wall Street slide and lower expectations of a Fed rate cut. Oil prices steady as U.S. Secretary of State visits Middle East. China strengthens market support measures, Hong Kong rises. Australia's central bank to hold rates. U.S. dollar strong against euro, yen. RBA expected to shift to more balanced.

Indian shares are set for a muted start on Tuesday, tracking weakness in Asian peers after strong U.S. economic data and Federal Reserve’s recent commentary dampened hopes of early rate cuts in the world’s largest economy. India’s GIFT Nifty was trading at 21,814.50 points as of 8:08 a.m. IST, suggesting the NSE Nifty 50 will open near its Monday close of 21,771.70.

Central Huijin Investment Ltd. said it will continue to increase holdings of exchange-traded funds, adding to signs that China’s authorities are stepping up efforts to revive the struggling stock market. Stocks rallied, offering a reprieve to investors who have had to grapple with wild market swings over the past two sessions. The onshore benchmark CSI 300 Index climbed more than 2 percent.

Inflation and the U.S. presidential election will be the biggest drivers of global markets this year, while liquidity challenges are a growing focus, according to traders surveyed by JPMorgan. Some 27% of traders see inflation as having the biggest impact, followed by 20% for the November election, the survey published on Tuesday showed. Bonds and equities rallied late last year on hopes.

Share indices ended lower on Monday, tracking the weakness in Asian markets, but there were several individual stocks in the market that were in action and public sector stocks were among them.The benchmark Nifty 50 ended 0.4% down at 21771.70 points, and the Sensex closed 0.5% lower at 71731.42 points. On the other hand, the Nifty PSE index closed 2% higher at 9189.20 points.

Founder and fund manager of Right Horizons, Anil Rego, believes the Reserve Bank of India will maintain status quo in its first policy decision of 2024 on February 8. Inflation has been rising but Rego doesn't expect rate cuts. He advises caution on PSU stocks due to high valuations and sees opportunities in sectors such as cement, infrastructure, tourism, defence and Nano DAP.

In summary, the 2021 election year budget has followed convention and focused on maintaining government functioning without committing to new initiatives. Indirect tax trends show an increase in GST revenue and improved efficiency in customs processing. The budget includes measures for enforcing discipline in high tax evasion sectors, distributing credit among multi-locational firms.

Board members of Tesla are giving Elon Musk a lot of leeway due to his visionary leadership in popularizing electric cars and dominating the aerospace market with SpaceX. However, recent allegations of drug use and close financial ties between directors raise concerns about their independence. Regulatory regimes across many economies have become stringent due to past scandals.