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.
Top News
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.
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.
Counties With the Best & Worst Budgeters in 2025: WalletHub Study
In order to find out where Americans have the best budgeting habits, WalletHub compared more than 2,800 counties based on 11 key metrics.
Equity investments in Indian real estate surge 74% YoY to USD 2.9 bn
Investment inflows were primarily fuelled by developer activity and significant interest from REITs and institutional investors during the quarter.
India’s second home market hits $3.2 bn, poised for 22% CAGR growth
Around 48% of the properties are located in the Western part of India, followed by North with around 29%.
China is putting Trump on notice: Ready for full-on trade war
The latest moves out of Beijing show a government bracing for extended economic conflict with the United States under President Trump.
India’s auto industry ends FY 2024-25 on a high note
The CV segment has seen slightly improved performance for the quarter, while the PV segment has broadly remained in the mid-single digit growth zone.
