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India’s REIT, InvIT market poised to double AUM to Rs 20 trillion by 2030: Avendus Report

Driven by rising allocations from mutual funds, insurers, pension funds and global investors, India’s REIT and InvIT market is projected to attract ₹11.6 trillion in fresh capital and double its assets under management to over ₹20 trillion by 2030.

India revamps wholesale inflation framework, paves way for Producer Price Index era

India has revised its wholesale inflation framework by introducing a new WPI series with a 2022-23 base year and launching Producer Price Indices (PPI), marking a gradual shift towards globally accepted inflation measurement standards as food, fuel and manufacturing costs push wholesale inflation to 9.7%.