Posts tagged with India

India’s Steel Consumption Set to Break Records
Jul 2021 , by in ALLIED

India’s steel consumption is set to break records this year, reversing the performance in 2020 when demand crashed as the pandemic upended economic activity. Demand for steel is expected to surge 17% to 110 million tons in the year started April, according to Seshagiri Rao, joint managing director... Read more...

IMF Slashes India’s FY22 GDP Outlook to 9.5%
Jul 2021 , by in News/Views

The International Monetary Fund (IMF) has sharply scaled down India’s economic growth projection by 300 basis points to 9.5 per cent for the current financial year from 12.5 per cent estimated earlier in April. IMF said the downward revision is owing to “lack of access to vaccines” and possibi... Read more...

REITs & InvITs Raise $9.7 bn in India
Jul 2021 , by in Realty Spotlight

Real estate investment trusts (REITs) and Infrastructure investment trusts (InvITs) have raised a capital of over $9.7 billion in India, a report by EY titled REITs and InvITs – financing urbanisation and infrastructure in India stated. With favourable government policies and a long-term invest... Read more...

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