Archives June 2025

By –Mr. Subho Moulik, CEO at Appreciate

“The Federal Reserve’s decision to hold rates steady while projecting a ‘stagflation lite’ scenario of 1.4% growth and 3% inflation reveals a central bank navigating unprecedented uncertainty. With seven FOMC members wanting no cuts versus eight expecting two, the internal divisions mirror broader economic confusion. Powell’s admission that tariff impacts remain unknown essentially puts monetary policy on hold pending Washington’s trade decisions. 

This cautious stance maintains dollar strength but risks falling behind the curve if either growth collapses or inflation accelerates. The Fed’s projection of missing its 2% inflation target through 2027 signals a fundamental shift from the post-2008 disinflationary environment to a new era of persistent price pressures. For Indian investors looking at US stocks, the current Fed stance and market volatility present both risks and hidden opportunities. 

With US equities experiencing corrections amid tariff shocks and policy uncertainty, quality American stocks — especially those with strong fundamentals — may now be available at more attractive valuations, offering a rare entry point for long-term investors. Small-cap US stocks, in particular, stand out as a hidden gem: historically, they tend to outperform large caps following the end of rate cycles, especially in soft-landing scenarios, and their domestic focus makes them less vulnerable to global trade disruptions and tariffs. Investors should also monitor currency fluctuations, as a stronger dollar can impact rupee returns, and consider gradual, diversified allocations to manage volatility. Additionally, the broadening of US equity market leadership beyond the Magnificent 7 and into sectors like AI enablers and small caps could reward active, research-driven strategies. For Indian investors, this is a moment to look beyond headline risks and seek out underappreciated segments of the US market poised for a rebound as policy clarity emerges.”

• Senior citizens (aged 60 years or above at the time of deposit/renewal) are eligible for an additional interest of 0.50% p.a.
• Women depositors will receive an additional 0.05% p.a.
• Renewals of matured deposits will attract an additional 0.15% p.a.
• For deposits above ₹10 crore, the applicable interest rate may vary from the published card rate but within the cap on Rate of Interest specified by the RBI.

• Women depositors will receive an additional 0.05% p.a.
• Fixed Investment Plan will be available only through ‘Shriram One’ mobile application and the company’s website.
• Other terms and conditions of the Fixed Investment Plan (FIP) shall remain unchanged.

19 June 2025, Gurugram – Carlsberg Group in India today announced a new partnership with Water.org to improve access to safe water and sanitation in communities across the Ganges River Basin, including the states of Haryana, Rajasthan, Uttar Pradesh and Bihar. The collaboration reinforces Carlsberg’s commitment to responsible water stewardship by investing in sustainable, measurable solutions that empower local communities.

Water.org helps tackle India’s water and sanitation crisis by making access affordable. Through its WaterCredit solution, launched in India in 2004, the organization partners with microfinance institutions, banks, and government programs to provide small, affordable loans for water and sanitation improvements to families in need. This approach has enabled more than 30 million people to get access to safe water or sanitation. Water.org continues to scale its impact by developing financial solutions at both household and community levels, supporting India’s goal of providing tap water for all.

Through this initiative, Carlsberg Group and Water.org will enable access to 247 million liters of water in the Ganges River Basin, helping people in areas that need safe water the most. The partnership aims to provide safe water or sanitation solutions to more than 112,000 people by March 2028. In addition to providing access to safer water, the partnership will engage communities in awareness efforts to drive long-term behavior change and local impact.

The partnership is an important step towards Carlsberg Group’s target of replenishing 100% of the water consumed at its breweries and beverage production sites in high water risk areas by 2030.

“At Carlsberg India, we understand that water is not just a resource — it’s a lifeline for communities,” said Nilesh Patel, Managing Director, Carlsberg India. “Our partnership with Water.org reflects our commitment to sustainable water management and community well-being. By supporting access to safe water, we’re helping families build healthier lives, strengthen their resilience, and secure a better future. Investing in water is, ultimately, an investment in people, in sustainability, and in long-term progress.”

 “This collaboration with Carlsberg helps scale the impact of our proven solution. One that’s empowered millions of people to finance their own safe water and sanitation solutions,” said Gary White, CEO and Co-founder, Water.org. “As part of an important network of partners, Carlsberg is helping accelerate that momentum in India, where access to safe water or sanitation can change everything for families in need: improving health, regaining time, and building bright futures.”

Water access drives measurable improvements in health, household resilience, and gender equity. This partnership will help create lasting impact across the Ganges River Basin, ensuring that local communities can thrive, even in the face of climate challenges.

New Delhi, 19^th June 2025: In a strong push to recognise women’s growing role in infrastructure and real estate development, NAREDCO Mahi, the women’s wing of the National Real Estate Development Council (NAREDCO), convened a focused media interaction in the national capital today. While the session also served as a curtain raiser to the 4th NAREDCO Mahi Convention, scheduled for 27^th June, it focused sharply on the growing momentum of women-led development and the need to bring more women into India’s urban transformation story aligned with the nation’s Viksit Bharat vision for 2047.

Speakers pointed out that India’s real estate sector, currently valued at over $265 billion, is projected to touch $1 trillion by the end of this decade, contributing nearly 13% to the national GDP. Despite this high-growth potential, women still form only around 11 to 12 percent of the sector’s total workforce. However, change is underway. From project planning and design to compliance, construction supervision, and investment management, women are now increasingly involved in every layer of the real estate value chain.

Ms. Smita Patil, President, NAREDCO Mahi, shared that the organization is actively engaging with stakeholders to create inclusive pathways for women in the sector. She stated that beyond boardroom conversations, NAREDCO Mahi has been working on ground-led interventions around skilling and training for young women, climate-sensitive construction practices, sanitation and safety measures at construction sites, water conservation models at realty projects, and solid waste management frameworks for developers. She said that NAREDCO Mahi’s outreach has extended to Tier 2 and Tier 3 cities where women are now increasingly visible in marketing, legal, project finance, and client relations roles—areas once perceived as inaccessible to them.

Ms. Patil added that the upcoming 4th NAREDCO Mahi Convention will feature powerful narratives and real-world experiences of women transforming the real estate sector. One of the most anticipated segments will be a special session showcasing father-daughter duos who have broken generational stereotypes to shape modern realty leadership in India. The convention will also feature ‘Recognition of Mahi Sheroes,’ policy masterclasses, and a sectoral discussion on wellness living and sustainable housing, an area witnessing a compound annual growth rate of over 16 percent and emerging as one of the most sought-after trends in post-pandemic urban development.

Dr. Ananta Singh Raghuvanshi, Chairperson, NAREDCO Mahi, said that the upcoming convention is a leadership statement as much as an industry platform. She said that women are bringing empathy, precision, and people-centric innovation to how real estate is built and sold. Through focused initiatives in skilling, financial literacy, digital transformation, and sustainability, NAREDCO Mahi is working to increase women’s presence at all stages of the real estate journey from conceptualisation to delivery.

Shri G Hari Babu, National President, NAREDCO, said that India’s journey to becoming one of the world’s top three economies cannot exclude the participation of half its population. He stated that women are no longer merely participants—they are project heads, entrepreneurs, investors, and reformers who bring both strategic vision and social awareness to infrastructure and housing development. He added that from working in cooperative movements post-independence to taking boardroom roles today, Indian women have consistently shown leadership in the face of challenges.

The session highlighted that over 20 percent of registered architects in India today are women, increasingly taking the lead in urban planning, heritage conservation, and sustainable design practices. In Tier 1 cities, nearly 15 percent of real estate brokerage and advisory firms are now women-led, a significant rise compared to a decade ago. While women make up around 10 percent of the construction workforce largely in finishing and supervisory roles, there is a steady uptick in the number of women entering skilled positions, including site engineering and material management, especially through formal skilling programs and digital certifications. The allied sectors of interior design, legal real estate compliance, ESG advisory, green certification, and digital realty platforms are seeing over 35 to 40 percent female participation, particularly in metros and upcoming urban clusters.

“Women leaders today are not just transforming real estate, they are redefining the business of building India. As developers, strategists, financiers, and policymakers, they bring sharp commercial acumen and enduring vision that is reshaping our urban economy. Empowering women in leadership roles is no longer a social conversation; it’s a strategic business decision. Their ability to balance risk, drive innovation, and lead with resilience is unlocking new opportunities across the value chain, from housing finance and construction technology to urban planning and sustainability,” said Dr. Niranjan Hiranandani, Chairman, NAREDCO.

Mr. Harsh Vardhan Bansal, President, NAREDCO Delhi, expressed that with more than 30 percent of startups in India now being led by women, the real estate sector must catch up with the country’s broader shift toward gender-balanced growth. He said that qualities like multitasking, emotional intelligence, and long-term vision, often overlooked in infra projects are being brought to the forefront by women professionals who are reshaping not just homes but also communities. He added that the soft power of women can be a game-changer in how India thinks about liveability, affordability, and sustainable development in the years ahead.

The 4th NAREDCO Mahi Convention is expected to bring together policy leaders, developers, real estate strategists, financial institutions, academics, and social change agents to discuss how women can play a central role in India’s infrastructure journey. As the country prepares its blueprint for Viksit Bharat, NAREDCO Mahi is ensuring that women are not only part of the narrative but are at the helm of it.

As World Sushi Day approaches on June 18th, Bangalore’s vibrant culinary scene offers sushi enthusiasts an array of exceptional options. From innovative fusion rolls to traditional preparations, these establishments are celebrating the artistry of Japanese cuisine with their distinctive sushi offerings.

1. Reservoire: Where East Meets West in Perfect Harmony

Vegetarian Delights:

• Rice Wine Glazed Wild Mushroom Cream Cheese Sushi – A sophisticated fusion combining earthy mushrooms with creamy textures, elevated by rice wine glaze

• Golden Onion Avocado Maki – Fresh avocado paired with caramelized golden onions for a rich, satisfying bite

Non-Vegetarian Specialties:

• Teriyaki Chicken Maki – Classic Japanese flavors with tender chicken in a sweet-savory glaze

• Dragon Maki – An Instagram-worthy roll that’s as visually stunning as it is delicious

• Crab and Salmon Maki – Premium seafood combination showcasing the finest ocean flavors

2. Yuki: Authentic Japanese Craftsmanship

Vegetarian Option:

• Yasai Tempura Maki – Light, crispy tempura vegetables wrapped in perfectly seasoned sushi rice, delivering authentic Japanese technique with fresh, seasonal produce

Non-Vegetarian Selection:

• Itame Maki – A expertly crafted roll that highlights Yuki’s commitment to traditional Japanese preparation methods

3. SOZO Skyline: Elevated Sushi with a View

Vegetarian Choice:

• Daikon Maki – Clean, refreshing flavors featuring crisp daikon radish, perfect for those seeking lighter options with authentic taste

Non-Vegetarian Highlight:

• Spicy Tangy Tuna Roll – Bold flavors meet premium tuna in this contemporary interpretation that balances heat and acidity

4. Brau Galie:

Asia’s first glass microbrewery brings a unique twist to sushi dining, combining their renowned brewing expertise with exceptional Japanese cuisine.

Vegetarian Specialty:

• Crispy Avocado Maki Roll – Perfectly textured avocado with a delightful crispy element, creating an innovative take on classic vegetarian sushi

Non-Vegetarian Excellence:

• Salmon Tataki – Seared salmon prepared in the traditional tataki style, showcasing the restaurant’s commitment to authentic Japanese techniques while complementing their craft beer selection

World Sushi Day on June 18th provides the perfect opportunity for Bangalore’s food lovers to explore these diverse interpretations of the beloved Japanese cuisine. Each venue brings its unique perspective to sushi-making, from Reservoire’s innovative fusion approach to Yuki’s traditional craftsmanship and SOZO Skyline’s contemporary twists.

Whether you’re a sushi purist or adventurous foodie, these establishments offer something special to mark this global celebration of one of Japan’s most iconic culinary exports.

Gurgaon’s Southern Peripheral Road (SPR) is fast emerging as one of India’s most promising real estate and infrastructure corridors. Once viewed merely as a connecting stretch between Sohna Road and Golf Course Extension Road, SPR has transformed into a premium development hub—both for high-value real estate projects and large-scale infrastructure interventions that are now reshaping the urban landscape. With over ₹1 lakh crore worth of residential and commercial projects either launched or in the pipeline, and major gaps in road connectivity being rapidly filled, SPR is writing a new success story for Gurugram’s next phase of growth.

In just the last two years, developers have announced or launched projects worth ₹50,000 crore along SPR. This figure is expected to double by 2027, making it one of the most active micro-markets in the country. What’s more impressive is the rise in property values—rates along the corridor have jumped upto ₹25,000 per square foot, reflecting soaring demand, better infrastructure, and investor confidence. Major developers such as DLF and Signature Global are anchoring this growth. DLF is gearing up for its next big phase, while Signature Global is developing a massive 93-acre township with 17 million square feet of saleable area, targeting over ₹27,000 crore in sales.

Fueling this real estate boom is the government’s aggressive push on infrastructure. In a major development, GMDA has successfully acquired two long-pending land parcels—5.9 acres near Sector 71 and another stretch near Sector 65—clearing the way for two critical link roads to be completed. These small but strategic connections—measuring 350 meters and 170 meters respectively—will eliminate detours, support new water and sewer lines, and improve access between key sectors like 62–65 and 71–73. The cost of acquiring these links stands at ₹3.2 crore, and tenders are expected to be issued soon after final approvals.

Beyond these local link roads, a grander mobility solution is also taking shape. A 5.5-kilometre elevated corridor has been proposed between Vatika Chowk and NH-8 to streamline traffic movement. With an allocation of ₹750 crore, including ₹620 crore for construction and ₹130 crore for land, this six-lane elevated road will include multiple entry-exit ramps and a cloverleaf interchange, enabling seamless movement to Dwarka Expressway, Delhi-Mumbai Expressway, and NH-248A. Designed to mirror the elevated stretches of Dwarka Expressway, this infrastructure is expected to cut down commuting time significantly and decongest key intersections.

Simultaneously, NHAI is preparing to shift the heavily congested Kherki Daula toll plaza to Panchgaon within the next three months—a long-awaited move that will greatly benefit SPR-bound commuters. Complementing this are over 95 kilometers of ongoing master road upgrades, flood-control initiatives, dedicated service lanes, stormwater drains, and STP facilities. New flyovers, improved sector-to-sector links, and mobile sewage treatment plants are being implemented to enhance livability and resilience across the SPR stretch.

Commenting on the region’s growth, Mr. Pradeep Aggarwal, Founder & Chairman of Signature Global (India) Ltd., said, “SPR today represents more than just a road—it symbolises the direction of Gurugram’s next phase of intelligent urbanisation. The combination of quality infrastructure, policy-driven growth, and a maturing market makes it a future-ready destination. At Signature Global, we believe SPR will continue to draw premium demand from homebuyers who prioritise connectivity, value, and sustainable living.”

Commenting on Gurugram’s evolving housing market, Mr. Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, said, “Gurugram’s real estate landscape is undergoing a remarkable transformation, with micro-markets like the Southern Peripheral Road, Dwarka Expressway, Central Peripheral Road, and Golf Course Road witnessing rising demand. Today’s homebuyers are looking for well-connected, future-ready communities that offer integrated lifestyle amenities — and developers are adapting their offerings accordingly. At Krisumi, we view this shift as a strong indicator of a maturing market, where thoughtfully designed, globally inspired living spaces are becoming the new standard.”

Together, these efforts are converting the SPR corridor from a fragmented road network into an integrated urban spine. With real estate value driven by both luxury developments and essential infrastructure, the region is becoming a magnet for both end-users and investors. Gurugram’s future is being paved—quite literally—through SPR, where every meter of new road and every launched tower signals not just growth, but transformation.

Royal Jordanian Airlines is pleased to announce the launch of a new nonstop route between Amman’s Queen Alia International Airport (AMM) and Chhatrapati Shivaji Maharaj International Airport in Mumbai (BOM), commencing June 19, 2025. The new service will operate year-round, four times a week—on Mondays, Tuesdays, Thursdays, and Fridays—aboard the modern Airbus A320neo. This strategic addition strengthens connectivity between India and Jordan and offers seamless onward travel to over 50 destinations across the Middle East, Gulf, and North Africa.

The new route will open the door for Indian tourists to experience one of the world’s most extraordinary destinations. With Royal Jordanian’s seamless access to the Kingdom, passengers from Mumbai can now exploRJordan through an unforgettable journey. In just three or seven days, visitors can witness the breathtaking rose-red city of Petra—one of the Seven Wonders of the World—float in the healing waters of the Dead Sea, and explore the dramatic desert landscapes of Wadi Rum, positioning Jordan as a contemporary, truly authentic Arabia five hours away from India. Whether driven by history, nature, or a passion for discovery, Jordan promises Indian travelers an enriching escape filled with beauty, culture, and unmatched hospitality.

“With direct access to Jordan, a captivating country rich in history and culture, passengers can now easily explore Jordan’s inspiring landscapes. This expansion reflects our dedication to showcasing Jordan’s unique allure to tourists, inviting them to uncover its hidden gems, immerse themselves in its vibrant traditions, and experience the renowned hospitality that awaits every visitor,” stated Chief Commercial Officer of Royal Jordanian, Mr. Karim Makhlouf. 

Royal Jordanian’s new route to Amman offers more than just added convenience—it serves as a vibrant bridge between India and Jordan, connecting travelers to the heart of a land where ancient wonders and modern vitality coexist in harmony. With this launch, Indian tourists can now explore Jordan’s captivating history, breathtaking landscapes, and dynamic culture more easily than ever before, as they will be eligible for visa-free entry when booking tourist packages.

Ms. Isha Goyal, CEO of STIC Travel Group, shared her enthusiasm on the launch of Royal Jordanian’s Mumbai–Amman service on 19th June, saying:

“The new direct service between Mumbai and Amman is more than just a flight — it is a bridge between two ancient civilizations and a gateway for deeper tourism, trade, and cultural exchange. Jordan holds a distinctive place in the Levant region, and as a longstanding friend of India, this long-awaited route marks a significant step in bringing our countries closer. This milestone reflects STIC Travel’s continued commitment to forging strategic airline partnerships built on trust, shared vision, and service excellence. We look forward to introducing Indian travellers to the richness and beauty of Jordan, an inspiring and still largely untapped destination.”

As the airline of choice for convenient and seamless global travel, Royal Jordanian offers travelers from Mumbai smooth connections not only to Jordan but also onward to more than 50 destinations across the Middle East, Europe, North Africa, the United States, and Canada. With attractive fares, well-timed schedules, and a reputation for comfort and reliability, passengers can enjoy a streamlined travel experience across continents. As a proud member of the oneworld airline alliance since 2007, Royal Jordanian ensures access to a global network of premium services and destinations, making international travel from India more accessible and enjoyable than ever before.

Mumbai: Volkswagen India has inaugurated the country’s first Performance Centre in Chennai, Tamil Nadu, catering to an enhanced retail experience for customers interested in purchasing the Golf GTI and Tiguan R-Line. The new Performance Centre inaugurated at Mount Road, Chennai is the first amongst multiple new touchpoints that will be launched across India. The brand also inaugurated Volkswagen Chennai as its second Performance Centre in the state. 

With these two new inaugurations the brand’s network strength in Tamil Nadu now stands at 27 sales and 19 service touchpoints. This also marks the beginning of the brand’s strategic focus for an enhanced retail experience across markets in India. 

With the recent introduction of the globally acclaimed Tiguan R-Line and the iconic Golf GTI, Volkswagen has delivered on its vision of ‘Progressive Performance’ by offering Indian customers an opportunity to own these world-class cars.

Mr. Nitin Kohli, Brand Director, Volkswagen India, said, “The recent launch of global icons like the Tiguan R-Line and Golf GTI, are now serving to the elevated Indian customer aspirations. In sync with the strategy of premium and progressive performance, we aim to enhance our retail experience through these Performance Centres. The new touchpoints will help us engage with customers and prospects, delivering a more progressive and premium purchase experience.” 

Commenting on the inauguration of the new Performance Centre, Mr. Arun Uppuswamy, Managing Director, Volkswagen Mount Road, said, “We are delighted to partner with Volkswagen India and launch the country’s first Performance Centre. With the new Golf GTI and Tiguan R-Line on display, we are delighted to welcome customers for an enhanced retail experience from Volkswagen, highlighting the brand’s latest premium, progressive, performance mobility offerings in an exquisite new ambience at our Mount Road showroom.”

The new Performance Centres have been designed and developed to offer customers a heightened retail experience focused on sight, sound, smell, touch and taste. These Performance Centres will cater to a discerning set of customers for the recently launched carlines – Tiguan R-Line and Golf GTI, delivering premium aesthetics and exclusive experiences. Volkswagen has also ensured that the manpower at these new facilities are well equipped to understand the technical capabilities and lineage of these iconic carlines. 

Address of the new touchpoints in Chennai:

““The RD Series reflects BenQ’s vision of creating technology that adapts to the way developers work,” said Rajeev Singh, Managing Director, BenQ India. “With features like DualView Plus Mode and customizable coding environments, these monitors are engineered to simplify complex workflows and enhance real-time productivity. Backed by our visual technology expertise and thoughtful additions like eye-care and ergonomic design, the RD Series empowers developers to stay focused, efficient, and in control of their workspace.”

The national carrier of the State of Qatar continues to lead the aviation industry with multiple top awards including World’s Best Business Class, Best Airline in the Middle East and Best Business Class Airline Lounge

DOHA, Qatar – Qatar Airways has once again been named the World’s Best Airline by the prestigious international air transport rating organisation, Skytrax, retaining the top position for a record-breaking ninth time. This achievement reaffirms the airline’s steadfast commitment to delivering excellence across every touchpoint of the travel experience.

In addition to securing the airline industry’s highest accolade, Qatar Airways was also awarded:

• World’s Best Business Class

• Best Airline in the Middle East

• Best Business Class Airline Lounge (Al Mourjan Lounge – The Garden at Hamad International Airport)

• Skytrax Five-Star Airline recognition

Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said: “Being named the World’s Best Airline by Skytrax for the ninth time is an extraordinary honour. This recognition is far more than an award, it is a celebration of the passion, precision and purpose that defines who we are as an airline. To retain this title in a highly competitive and ever-evolving global industry reflects the relentless efforts across every part of the business, from the frontline to behind-the-scenes, the passion and commitment of our people continue to set new standards in aviation.

“We are equally proud to have been named the Best Airline in the Middle East, to once again hold the title of the World’s Best Business Class, and to be recognised for offering the Best Business Class Airline Lounge experience globally. These accolades reaffirm our ambition not only to lead, but to redefine what exceptional service means in aviation. Whether on the ground or in the air, we strive to deliver a seamless, elevated journey that anticipates the needs of our passengers and reflects the highest standards of quality, comfort, and innovation.

“Being continuously recognised as a Skytrax Five-Star Airline further underscores our mission: to set new benchmarks for the industry and to ensure that our passengers feel genuinely cared for, valued and inspired to return. These awards are not just wins for us, they are a tribute to the trust of millions of travellers who choose us every year and a clear validation of our vision to shape the future of air travel.”

Skytrax CEO, Edward Plaisted, said: “It is a fabulous achievement for Qatar Airways to win the World’s Best Airline title for 2025, the ninth time they have triumphed in the awards history. Qatar Airways achieved excellent results across many award categories, with their Business Class winning the World’s Best Business Class, and their Al Mourjan Garden Lounge named the World’s Best Business Class Airline Lounge. We congratulate Qatar Airways on these successes which should be a source of great pride and satisfaction for the airline management and staff.”

These recognitions are the latest milestones in what has already been an exceptional year for Qatar Airways, as the airline continues to enhance its network, product offerings, and service innovation across its global operations.

As the national carrier of the State of Qatar, Qatar Airways remains committed to delivering world-class service, redefining passenger experience, and inspiring confidence and loyalty in travellers around the world.