Crisil Ratings revises Phoenix Mills’ rating outlook to stabilize

MUMBAI: Rating has revised its outlook on Phoenix Mills’ long-term bank facilities from ‘negative’ to ‘stable’, while reaffirming the rating on ‘CRISIL A+’. “The outlook revision reflects a strong improvement in retail sales seen in the second quarter ending September and October 2021, reopening after the second wave of the pandemic and a further increase … Read more

REITs making a mighty comeback in India after the lockdown

As this Diwali, investors have enjoyed prolonged philanthropy in the markets, with Nifty and Sensex hitting new highs during 2021 and rallies remain wide. However, as always, there will be ups and downs after ups and downs. With current inflation trends and a possible rise in interest rates, investors would do well to ensure that … Read more

Falling asleep on rising inflation? Here’s a Smart Choice of Both Stocks and Bonds

With Nifty and Sensex touching new highs by 2021, investors have enjoyed a long period of philanthropic market. However, as always, volatility can be followed by a downtrend. With current inflationary trends and a possible rise in interest rates, investors would do well to ensure that their portfolios have the expected volatility. One such proven … Read more

In rapidly changing Dubai, the once isolated Jebel Ali Village will be torn down to make way for luxury villas

From the front porch of their cinderblock home, Gary and Amanda James look out over Dubai’s soaring skyscrapers and large malls. It’s a horizon that in its youthful days seemed impossibly distant. The same spot outside Amanda’s childhood home was an empty desert three decades ago. From the tiny pearl town of Dubai to the … Read more