Fitch slashes global growth outlook amid escalating trade war
In a special update to its quarterly Global Economic Outlook, Fitch has cut world growth in 2025 by 0.4pp, and China and US growth by 0.5pp from the March edition.
BNP News
Rs 10 cr+ apartment sales hit Rs 1,000 cr milestone in Bengaluru
Luxury homes priced between Rs 10–12 crore saw the highest demand, offering the ideal mix of value and exclusivity.
70% of credit card users fail to maximise rewards: Survey
These insights highlight a critical gap between the increasing availability of credit card rewards and their actual utilisation.
Price hikes, global unrest hit housing market in Q1 2025
Less than 100,000 residential units were sold in the January-March quarter, with most cities covered in the analysis showing a fall in numbers.
Retail inflation drops to 67-month low of 3.3% in March
Sustained seasonal correction in food prices led the moderation in headline inflation in March 2025.
Bank credit growth may climb to 12–13% in FY25: CRISIL
Two key regulatory changes are expected to support bank credit growth.
Luxury housing sales record 28% YoY growth across top cities: CBRE
Among the top seven cities, Delhi-NCR led in quarterly luxury unit sales, recording a sale of around 950 luxury units, followed by Mumbai.
Hospitality sector booms in 2024 with over 42,000 new hotel keys
The year 2024 saw approximately 25 deals, primarily involving operational properties in both business and leisure destinations.
Affordable housing inventory shrinks 19% in top cities, while luxury stock swells 24%
Among the top 7 cities, Chennai and Pune were the only cities to see their unsold luxury stock decline in the period, by 4% and 11%, respectively.
RISE Infraventures aims for Rs 5,000 cr turnover in FY25-26
This growth plan is underpinned by a dynamic expansion strategy, aggressive market penetration, and a sharpened focus on innovation-led advisory services.
