The report said, "We expect India's infrastructure investment to steadily increase from 5.3 per cent of GDP in F24 to 6.5 per cent of GDP by F29. Indeed, this implies that infrastructure investments are expected to register a strong 15.3 per cent CAGR, resulting in cumulative spending of USD
Indian Government Bonds are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28. The inclusion will take place over a period of 10 months starting June 28, 2024, through to March 31, 2025.
Lunate Capital, an Abu Dhabi-based management company, today launched the Chimera J.P. Morgan Global Sukuk ETF, an exchange-traded fund (ETF or the Fund) scheduled to list on the Abu Dhabi Securities Exchange (ADX) on 8th July.
Investment banking company Morgan Stanley anticipated a 15.3 per cent compound annual growth rate (CAGR) in infrastructure investments, which is projected to result in a cumulative expenditure of USD 1.45 trillion over the next five years.
The report pointed out that historically, India's infrastructure competitiveness has been hindered by poor infrastructure. However, recent enhancements and government initiatives, such as 'Gati Shakti', show great promise for further progress.
In a recent report, international rating agency Morgan Stanley asserted that the third term of Prime Minister Narendra Modi which will end in 2029, will remain India's decade. The rating agency report says the most important aspect of the BJP-led New Democratic Alliance (NDA) retain
In a recent interview on 'Piers Morgan Uncensored,' Kevin Spacey revealed that his house has been foreclosed on due to 'many millions' of dollars in legal fees from his sexual misconduct trials, according to Variety.
This optimistic outlook aligns with the Reserve Bank of India's (RBI) latest monetary policy report, which predicts a robust growth rate of 7.2 per cent for India in the fiscal year 2025.