India REITs shine: Yields at 6-7.5% beat global peers; $25bn market cap seen in 4 yrs
Indian REITs are outperforming global markets with yields of 6-7.5%, attracting significant investment since 2019. The market capitalization is nearing $18 billion and is projected ...
‘Impose meaningful tariffs on China, India’ – US Treasury urges EU, G7; says purchases of Russian oil funding war machine
The US Treasury is pushing G7 and EU partners to impose tariffs on Chinese and Indian imports of Russian oil, aiming to cut off funding ...
‘Priority to pull India away from China’: Trump envoy confident on trade deal; says US ‘crystal clear’ on Russian oil
Sergio Gor, nominee for US Ambassador to India, emphasized the Trump administration’s aim to strengthen ties with India, viewing it as a crucial partner against ...
Strong domestic demand: Fitch revises India’s GDP growth outlook upwards to 6.9%; expects another RBI rate cut this year
Fitch Ratings has revised India’s FY26 GDP growth forecast upwards to 6.9%, citing strong domestic demand and easing financial conditions. Despite short-term trade uncertainties with ...
‘Neither fears nor bows down’: Piyush Goyal hails India’s resilience to challenges
Piyush Goyal announced India’s ambition to become a top three global economy within the next two to two-and-a-half years, highlighting the nation’s remarkable economic progress. ...
GST relief: Footwear to get cheaper? Rate on apparels priced up to Rs 2,500 cut to 5%
The GST Council is expected to approve significant tax rate changes for footwear and apparel, potentially reducing the tax burden on consumers. Items priced up ...
Booster shot! Services sector PMI hits 15-year high; surges to 62.9
India’s services sector experienced its strongest expansion in 15 years in August, fueled by robust demand and increased international orders, as indicated by the HSBC ...
Currency watch: Rupee hits all-time low of 88.10 against US dollar, trade worries and fund outflows weigh
The Indian rupee depreciated to a record low of 88.10 against the US dollar. This decline occurred due to worries about Indo-US trade and strong ...
India current account deficit narrows to 0.2% of GDP in Q1; services exports drive improvement: RBI
India’s current account deficit saw a significant decrease in the June quarter. The Reserve Bank of India reported the deficit narrowed to $2.4 billion. This ...
Big boost! India’s manufacturing PMI hits 17.5-year high; rate of output expansion quickest in nearly 5 years
India’s manufacturing sector experienced substantial growth in August, with the PMI reaching a 17.5-year high of 59.3. This surge was fueled by heightened production volumes, ...
