Bnp Paribas S A

Realty companies need a reality check to brighten their Diwali

Despite expectations that the festive season will bring in the much required demand, it seems like the DLFs and Unitechs of India are not in any revival mode.

Weak French industry gives Hollande early headache

Worse-than-expected industrial output figures confirmed expectations that Hollande, who swept to victory in a closely fought election on Sunday, will take the helm of a weakening economy, in contrast with its robust German neighbour.