Anshuman Magazine, Chairman & CEO for India, South-East Asia, Middle East & Africa at CBRE, welcomed the move, stating it will provide a "major boost" to these investment tools. He noted that the change will "make it easier for the trusts to raise funds at relatively cheaper rates." By openi
The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said that banks will be allowed to lend directly to Real Estate Investment Trusts (REITs), as the central bank moves to improve financing access for the real estate sector.
Iran's Foreign Ministry announced that Foreign Minister Abbas Araghchi has departed for Oman for nuclear talks with the United States, with spokesman Esmaeil Baghaei stressing Tehran's push for a fair agreement that protects national interests and regional stability.
The Government of India plans to sustain the growth of the domestic semiconductor industry through the upcoming launch of the India Semiconductor Mission (ISM) 2.0. "The announcement on the India Semiconductor Mission 2.0, I think is very timely and significant, and will ensure that the mome
India's residential real estate market enters calendar year 2026 on a foundation of stability rather than exuberance, following a 2025 performance that marked a clear transition from post-pandemic acceleration to a more mature and disciplined growth phase.
"Manufacturing matters for currency strength, for lower cost of capital, and also in today's world, manufacturing has taken on a strategic dimension," Nageswaran said while addressing the PHD Chamber of Commerce and Industry's (PHDCCI) post-Budget session.
On rural employment, the Expenditure Secretary highlighted that the Budget has allocated Rs 95,000 crore for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin), a new wage employment scheme that will replace MGNREGA. "The allocation is based on estimates prepared at the t
Sachdev, in conversation with ANI, said that the deal is a good news for Indian economy as it provides predictability and stability for US-India trade.
Addressing an event to mark the occasion, the Minister emphasized the deepening strategic partnership between India and the European Union (EU), describing the relationship as an "anchor of stability and a force for global good."
India's Chief Economic Adviser V. Anantha Nageswaran on Tuesday said that boosting the manufacturing sector is crucial for strengthening the rupee over the medium term and for bringing down the cost of capital in a meaningful manner. He noted that countries with strong and stable currencies
The committee should address some matters such as ownership structure and voting rights of promoters as these continue to dampen private sector and foreign investor participation, ICRA said in its report. Finance Minister had said, the High Level Committee on Banking for Viksit Bharat will c
The Deputy Chief Minister said that this attitude of the central government is contrary to the spirit of the federal structure, which will have a direct and serious impact on the state's development, welfare schemes, and financial stability.