Anuj Puri from Anarock Group highlighted the surge in real estate demand in India due to Global Capability Centres from the US and a thriving startup ecosystem. Cities like Bengaluru and Hyderabad have experienced notable growth. He emphasized that the market remains balanced between supply and demand, supported by better infrastructure and connectivity.
Dollar jumps as Fed holds rates but projects one hike later this year
The dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers raising inflation projections. New