Addressing the annual meeting of the International Monetary Fund at Washington, D.C. a few days ago , India's federal minister for finance Nirmala Sitharaman said, "As we envisage becoming a five trillion-dollar economy by 2025, our focus on creating world-class infrastructure has become even more resolute ... we now are...
Blackstone to Offer India's First REIT
Real Estate Investment Trusts (REITs) are expected to make their debut in India next year, when New York-based Blackstone Group is expected to offer its first issuance of these securities enabling global investors to invest in real estate and infrastructure in India. REITs offer investors special tax considerations and typically...
D&B Projects 8.4 Percent Growth Rate for India's GDP
Spurred by policy reforms, fall in food inflation and lower fuel prices, “India's economic growth as measured by Gross Value Added at basic prices to grow by 8.4 percent in financial year 2016,” Dun & Bradstreet said in a research note. NDTV goes on to report the research firm’s view...