DLF to invest US$ 1.48 billion in Gujarat in a variety of real estate related projects.
Not exactly econ news, but the US has slashed aid to India dramatically, as India has been recategorized from a developing economy into a ‘transforming’ one.
The NRI impact on India keeps increasing (this has already had a huge impact on the real estate sector in India, as was discussed in the post on real estate in India a while back)
India climbs up the income ladder, entering the lower income countries group a few years earlier than expected.
And,last but not the least, Tatas and Mahindras are reportedly planning a bid for Jaguar and Land Rover.