Union Minister for Finance and Corporate Affairs Ms. Nirmala Sitharaman forecasts a US$ 2,000 rise in per capita income over the next 5 years, reflecting optimism about India's economic growth.
The Indian government allocates Rs. 1,000 crore (US$ 119.90 million) for space startups, highlighting its commitment to innovation and leadership in space exploration.
Banks saw stronger YoY deposit growth in the second quarter of FY25, with 4 out of 5 banks reporting 2-3% higher growth, driven by higher rates and innovative schemes.
India's Grade A warehousing market is booming, with leasing expected to exceed 45 million sq. ft in 2024, driven by record demand in logistics and industrial sectors.
India's foreign exchange reserves are expected to hit US$ 745 billion by March 2026, strengthening the central bank's ability to influence the rupee amid external risks.
India's office space leasing is set to hit a record 70 million sq. ft in 2024, surpassing the previous peak of 66.6 million sq. ft in 2019.