Browsing: Indias

[ad_1] Saying that the global demand for green hydrogen will reach 200 million tonne by 2030, petroleum minister Hardeep Singh Puri on Friday said leading financial institutions have shown keen interest to invest in India. “The European Investment Bank (EIB) will be our hydrogen ally and will support developing large scale industry hub with a funding of €1 billion. The Asian Development Bank (ADB) has recently conveyed their intent to provide $20–$25 billion over five years to aid India’s aspirations for green growth. “That’s not all, the World Bank has approved $1.5 billion in financing to support India’s low-carbon transition…

[ad_1] Valuations in the Indian markets are trending on the higher side which may make investors a tad nervous but most market players believe that India is relatively better placed and the long-term story continues to be favourable. According to Bloomberg data, the Nifty’s current price/earnings (P/E) stands at 23.54, with the one-year forward P/E at 19.84. This is on the higher side, considering that the 10-year average Nifty P/E is 20.20. The highest P/E recorded by the benchmark was 33.86 on October 18, 2021, while the lowest was 9.0 on October 27, 2008. Motilal Oswal’s recent India Valuations Handbook…

[ad_1] While the share of the 13 member countries of OPEC in India’s crude oil imports has been consistently declining over the last six years, it fell sharply in FY23 and FY24 till date. This is because the country suddenly scaled up oil imports from Russia following the geopolitical conflict.   Taking advantage of the ban imposed by the US and European Union on imports from Russia after it invaded Ukraine in February 2022, India ramped up its oil imports from Russia as it started selling its oil at a discount to select countries. From less than 2% in FY22, Russian share of oil imports in India shot up to 19.1% in FY23, as per the Reserve Bank of India’s annual report.…

[ad_1] The commercial real estate market in India’s Tier-1 cities witnessed a significant downturn in new supply during the first quarter of 2023, according to a report by PropEquity. There has been a staggering 50% decline in the new supply of commercial properties, signaling a remarkable shift in the dynamics of the sector compared to the same period last year. Despite ongoing market fluctuations, the vacancy rates in the top Tier-1 cities of India have remained relatively stable. The latest figures indicate a marginal 5% decrease in vacancy levels compared to Q1 2022. The total vacant stock in Q1 2023…

[ad_1] Mumbai dominates India’s skyline with a notable share of ~77% of the total tall buildings in India, according to a CBRE report. As per the findings of the report, titled ‘Sky is the Limit: Rise of Tall Buildings in India,’ the city has more than 100 tall buildings and is likely to continue leading the construction of tall buildings in future. Its tall buildings command prices at a premium compared to most other cities, making the construction of such developments economically viable in the city. Limited land resources and an exponential increase in urban population have been the primary…

[ad_1] By Joydeep Sen As the world transitions from unipolar to multi-polar, global geopolitics has hit a reset button for the first time after the collapse of the USSR in 1990. In the midst of a new market cycle with mixed GDP prospects across major economies, where DMs are constrained by structurally sticky inflation, and tighter monetary policy conditions are the norm, risk needs to be repriced and reassessed by investors who are ingrained to think about directional growth in the last decade of financial stimulus and ultra-low rates. This great reset can cause unexpected and deep bouts of market…

[ad_1] Organised retail has been on the rise in India in the last two decades. It has transformed the shopping experience and significantly impacted the commercial real estate sector. The retail sector in India contributes around 10% to India’s GDP. It has a share in employment of around eight per cent. According to Kearney Research, India’s retail industry is projected to grow 9% over 2019-2030, from US$ 779 billion in 2019 to US$ 1,407 billion by 2026 and more than US$ 1.8 trillion by 2030. One of the key factors driving organised retail growth is the country’s changing demographics. India…

[ad_1] By Vatsal Nahata An important but often overlooked argument in India’s public debt policy revolves around who ultimately finances and owns the stock of debt. India’s public debt to GDP ratio in 2021 stood at 83.4% with only 3% denominated in foreign currency and 4% being held by non-residents. Even the small foreign currency-denominated debt is largely from official sources and on concessional terms. With a long average maturity of about 12 years, India’s stock of debt is mostly on fixed-rate terms. This then begs the question of who finances India’s public debt. This is not only important from…

[ad_1] Bajaj Allianz Life has launched India’s first Small Cap fund in the ULIP segment. In a statement, the insurer said that the fund will offer customers an opportunity to achieve capital appreciation by investing in a diversified portfolio of small-cap stocks. Bajaj Allianz Life Small Cap Fund will track Nifty Small Cap 100 index. The New Fund Offer (NFO) for Bajaj Allianz Life’s Small Cap Fund will end on 23 May, 2023. Investment strategy As per the statement, the equity investment strategy of the Bajaj Allianz Life Investment team revolves around identifying companies with a competitive advantage, good corporate…

[ad_1] HDFC Defence Fund NFO: HDFC Asset Management Company (AMC) has launched HDFC Defence Fund. The first-of-its-kind Defence Fund in India plans to invest in defence and allied sector companies, the AMC said in a statement today. The Fund will follow a bottom-up approach of portfolio construction within the defence ecosystem, it added. The AMC further said that Defence as a sector, sees a constant need to modernize its platforms due its strategic relevance for the country and technological advancements. Through initiatives like Make in India, government policies remain conducive to the growth of the defence sector in the country. “HDFC…