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A Union Bank of India report indicates metal prices may increase the Wholesale Price Index. While overall WPI dropped in April 2025, metal prices rose. Core WPI moderated, but metals like iron and steel played a key role. Fuel WPI fell due to lower global oil prices.
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NRIs are increasingly diversifying their investments beyond traditional real estate and fixed deposits, exploring opportunities in mutual funds, GIFT City, and tech startups. Factors like resilient economic fundamentals, tax benefits in certain jurisdictions, and emotional ties to India drive this shift.
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The move would end Sterling Bays decade-long effort to transform the former industrial land, now mostly vacant, into a glittering, $6 billion mixed-use community.
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