India’s retail inflation rate falls to a record low of 0.25% in October 2025 after GST rate cuts| Business News

India’s retail inflation rate fell to its lowest on record in October 2025 due to a sharp drop in food inflation and GST rate cuts. Vegetable prices declined 27.57% after a 21.38% fall a month ago. (ANI) The consumer price index — a measure of India’s retail inflation — rose 0.25% from a year earlier, […]

India’s data centre capacity crosses 1.5 GW, Mumbai leads with 53% share: CBRE

India’s total data centre (DC) capacity has surpassed 1.5 gigawatts (GW) for the first time, with Mumbai accounting for 53% of the operational stock, about 1,530 megawatts (MW) as of September 2025, according to a report by CBRE. The city’s dominance is attributed to its proximity to global internet exchange points and undersea cable landing […]

Adani Group plans to build India’s largest battery storage system in Gujarat| Business News

Billionaire Gautam Adani plans to build a multi-billion dollar battery energy storage system in Gujarat to support his group’s renewable energy ambitions, according to people familiar with the matter. Adani Group Chairman Gautam Adani. (Bloomberg) The proposed installation, planned for completion by March 2026, would be India’s top battery storage facility and among the largest […]

Bengaluru, NCR, and Mumbai drive India’s office demand as absorption almost touches 20 mn sq ft in Q3 2025

India’s office real estate sector recorded 19.69 million sq ft of absorption in Q3 2025, a 6% year-on-year and 5% quarter-on-quarter rise, according to a report by Vestian. The demand was led by Bengaluru, National Capital Region (NCR), and Mumbai, driven largely by expansions of Global Capability Centres (GCCs), the growing footprint of BFSI firms, […]

India’s real estate market yet to enter ‘takeoff phase’, says Abhishek Lodha

Mumbai-based listed real estate developer, Lodha Developers’ CEO and MD, Abhishek Lodha, has said that India’s real estate market is “still on the runway, it hasn’t reached the takeoff phase yet” and is only beginning to gain momentum. Abhishek Lodha, CEO and MD of Lodha Developers, said, “We (India’s real estate market) are still sort […]

India’s REIT market to nearly double to ₹19.7 trillion by 2030, driven by office, retail, and warehousing: Report

India’s Real Estate Investment Trust (REIT) market is projected to grow from ₹10.4 trillion in 2025 to ₹19.7 trillion by 2030, according to a Knight Frank India report released in collaboration with the Confederation of Indian Industry (CII). India’s REIT market is set to nearly double from ₹10.4 trillion in 2025 to ₹19.7 trillion by […]

India’s office space absorption up 34% to 42 mn sq ft; Bengaluru leads with 9.95 mn sq ft

Despite global headwinds such as tariffs, geopolitical tensions, and layoffs in the IT/ITeS sectors, office space demand in India’s major cities remains robust. According to a report by ANAROCK, office space absorption across the top seven cities surpassed 42 million sq. ft. in the first nine months of 2025, reflecting a 34% year-on-year increase. The […]

The broken promise of India’s heritage

The country continues to face a heritage crisis of monumental proportions despite several government initiatives over the decades. Can public–private partnerships, leveraging adaptive reuse, help revive its built legacy? The 110-year-old Butler Palace—built in 1915 for Sir Spencer Harcourt Butler—is being restored by the Lucknow Development Authority (LDA) into a cultural hub. (Deepak Gupta/HT Photo) […]

Torrent Pharma eyes India’s biggest bond issue of FY26 to fund JB Chemicals acquisition| Business News

Torrent Pharmaceuticals Ltd. is said to proceed with its plan to raise funds in India’s biggest bond issue so far this year, after the Competition Commission of India approved its acquisition of JB Chemicals & Pharmaceuticals Ltd. last week, Reuters reported citing bankers aware of the matter. Torrent Pharma is likely to fast-track its bond […]

Reliance grabs Middle East crude amid US scrutiny of India’s Russian oil imports| Business News

Reliance Industries Ltd. bought middle-east crudes last week and may place more orders, in a sign that US pressure against India’s Russian oil imports may be starting to impact its procurement patterns. Reliance Industries, which operates the world’s largest refinery at Gujarat’s Jamnagar bought at least 2.5 million barrels of Middle Eastern crude oil last […]