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.
India
Credit card spending in India hits 7-month low in Feb 2025
The latest industry data reveals a 9% month-on-month drop in total card spends to Rs 1,672 billion, marking the lowest spending levels in seven months.
US auto tariff to have minimal impact on India: Crisil
Given the meagre share of India’s exports of PVs and CVs to the USA, the tariffs imposed would have minimal impact on original equipment manufacturers (OEMs) here.
Major cities see 23% drop in housing sales, 34% decline in supply: PropEquity
Housing sales in Q1 2025 stood at 1,05,791 units as compared to 1,36,702 units in the same period last year. Except Bengaluru and Delhi-NCR, all 7 cities witnessed a decline in sales.
Leisure Tourism in India: Key Initiatives and Growth Trends
FTAs have recovered to 87.1% of the pre-pandemic levels, closely aligning with the global recovery rate of 88.8% and surpassing the Asia-Pacific region's recovery rate of 65.4%.
Ind-Ra predicts 25 bps rate cut in April as inflation hits seven-month low
Ind-Ra expects the RBI to cut policy rates by 25 basis points in April 2025 following a decline in retail inflation to a seven-month low of 3.61% in February.
India’s GDP growth to hold at 6.5% in FY26 despite challenges: Crisil
Growth is now returning to pre-pandemic rates as fiscal impulse normalises and the high-base effect wears off.
From Goa to Ayodhya: India’s hottest second home destinations ranked
Once believed to be a lifestyle upgrade for the rich & affluent, second homes are gaining widescale popularity, according to the Second Home Quadrant Report.
Delhi-NCR, Bengaluru lead as home prices soar across India in Q4 2024
Delhi-NCR witnessed the highest rise amongst India's top eight cities, with average housing prices soaring by 31% YoY.
Retail inflation declines to a five-month low in Jan 2025
CPI inflation softened to 4.3% in January 2025 from 5.2% in December 2024 on YoY basis.
