[ad_1] The recovery also benefited from increased rental values as businesses enforced return-to-office policies, catalyzing demand and higher occupancy. Reits, or real estate investment trusts, have had their share of challenges in recent years, many of them pandemic-induced. But with the office market turning around, they are gaining more acceptance. Embassy REIT, India’s first publicly-listed…
[ad_1] For years, financial services GCCs have concentrated in tier-1 cities like Bangalore, Hyderabad and Pune. But with rising real estate costs, intense talent competition and urban fatigue setting in, firms are eyeing a new frontier: tier-2 and tier-3 cities. The recently announced National Framework for GCCs in the Union Budget 2025–26 is a timely…
[ad_1] Let’s take stock of India’s external environment. Our pile of foreign exchange has dropped by nearly $80 billion or about 12% in five months. Much of this loss was because the Reserve Bank of India was trying to defend a falling rupee. The rupee-dollar rate is racing towards 88 and beyond, down by 6%…
[ad_1] First, India’s services exports continue to carve new niches, offering a promising outlook for the country’s economic future. The growth of global capability centres (GCCs), Indian arms of foreign firms employing specialists across STEM fields who provide back-end but high-value-added services, is a significant indicator of India’s technological advancement. The number of GCCs operating…
[ad_1] Suman Bery, NITI Aayog Vice-Chairman. | Photo Credit: Akhila Easwaran India is proving to be a source of solutions in multiple areas, including public service delivery and digitalisation, NITI Aayog Vice-Chairperson Suman Bery said. Mr. Bery also said that by putting the SDGs at the heart of its G20 presidency, India has acknowledged that…
