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Mumbai, July 20: Indian stock markets closed in negative territory as continued selling in financial sector stocks weighed on benchmark indices, with the Sensex and Nifty ending the session lower.

Investor sentiment remained cautious amid pressure on banking and financial shares, while broader market movements were influenced by global trends and sector-specific factors.

Market participants closely monitored developments across key sectors as investors adjusted their positions in response to changing market conditions.

Analysts said near-term market direction will depend on corporate updates, economic indicators, and global cues.

The decline reflected cautious trading activity, with financial stocks emerging as the key factor behind the market’s subdued performance.

Mumbai, July 20: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of Tree of Life Kanadukathan in Chettinad, Tamil Nadu. The brownfield project involves the conversion of an existing heritage-style Chettiar property. 

Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Chettinad’s rich architecture and cultural legacy continues to attract travellers seeking immersive experiences. Anchored in authenticity and a deep sense of place, Tree of Life brings its distinctive, experience-led approach to this setting. This signing presents an opportunity to pioneer a new destination and establish presence in an emerging heritage market. We are delighted to continue our partnership with AMPA Group for this project.”

Located in Kanadukathan, Chettinad, the 20-key Tree of Life Kanadukathan reflects the architectural character of the region. The hotel houses an all-day dining restaurant and lounge. To unwind, guests can explore the swimming pool, spa and fully-equipped gym. 

Mr. Ampa Palaniappan, Managing Director, AMPA Group, said, “We are pleased to partner with IHCL to restore and reimagine a historic Chettiar property. This project aims to contribute to the region’s growing tourism ecosystem.”

Kanadukathan in Chettinad serves as a cultural centre, attracting visitors for its festivals like Chettinad Heritage Festival, Aadi Perukku and Navaratri.

With the addition of this hotel, IHCL will have 33 hotels in Tamil Nadu including 14 under development.

New Delhi, July 20: India and Moldova have agreed to strengthen bilateral cooperation in trade, investments and resilient supply chains, reaffirming their commitment to expanding economic engagement and fostering mutually beneficial partnerships.

 Pic Credit: https://x.com/rashtrapatibhvn

The discussions focused on enhancing commercial ties, promoting investment opportunities, and improving supply chain connectivity to support sustainable economic growth. Both sides also explored avenues for increasing collaboration across sectors of shared interest.

The renewed commitment reflects the growing partnership between the two countries and their shared objective of creating a more robust and diversified economic relationship.

Officials emphasized that closer cooperation in trade and investment is expected to encourage business-to-business engagement, facilitate market access, and unlock new opportunities for enterprises in both countries.

The agreement marks another step towards deepening India–Moldova economic relations and strengthening collaboration in key areas that support long-term growth and resilience.

New Delhi, July 20: Foreign investment inflows into India are expected to recover in FY27, supported by improving economic fundamentals, policy stability, and continued investor confidence, according to a recent report.

The report noted that India’s strong economic growth prospects, expanding domestic market, and ongoing structural reforms are likely to enhance its attractiveness as an investment destination. Continued infrastructure development and a favourable business environment are also expected to support higher foreign capital inflows.

Industry experts said sustained policy initiatives, macroeconomic stability, and rising investor interest across sectors could contribute to a stronger investment outlook in the coming fiscal year.

The anticipated rebound in foreign investment is expected to support economic growth, create employment opportunities, and strengthen India’s position as a preferred destination for global investors.

The report highlights India’s long-term growth potential and the continued confidence of international investors in the country’s economic prospects.

Ras Al Khaimah, July 20: Ras Al Khaimah Economic Zone (RAKEZ) concluded a series of high-level business engagements in Mumbai, India, led by Group CEO Ramy Jallad. The visit formed part of a broader two-week RAKEZ roadshow across India, also covering Bengaluru, Coimbatore, Hyderabad and Pune, aimed at strengthening UAE-India trade and investment ties and creating new pathways for Indian companies exploring regional and global expansion from the UAE.

In Mumbai, the delegation held a series of B2B meetings with prominent Indian companies across diverse sectors, including automotive manufacturing, banking and financial services, IT and BPO, petrochemical trading, chemical and fertiliser manufacturing, alternative energy solutions, engineering, fabrication, infrastructure development, logistics, and strategic minerals processing.

As part of the visit, RAKEZ also signed a Memorandum of Understanding (MoU) with the Organization of Plastics Processors of India (OPPI), representing India’s plastics processing sector. The MoU was signed by RAKEZ Group CEO Ramy Jallad and OPPI Secretary General Deepak Lawale. The partnership aims to stimulate trade and business opportunities, create synergies for cooperation and development, and support Indian business owners through commercial missions, fairs, exhibitions and other export and investment promotion activities.

Commenting on the visit Jallad said, “India has always been one of RAKEZ’s most important investor markets, and our latest visit reflects the depth of this relationship. The discussions we held with business leaders across multiple sectors reaffirm the strong appetite among Indian companies to choose Ras Al Khaimah as a base for regional and global growth. Through focused engagements and strategic partnerships such as our MoU with OPPI, we are creating more opportunities for Indian enterprises to access the UAE’s dynamic business environment, benefit from RAKEZ’s cost-effective ecosystem, and scale with confidence.”

The MoU with OPPI further supports RAKEZ’s efforts to engage sector-focused industry bodies in India and promote Ras Al Khaimah as a competitive destination for manufacturers, processors and exporters. OPPI works closely with plastics processors, manufacturers and related industry stakeholders to promote technology adoption, quality enhancement, good manufacturing practices, sustainability, circularity, skill development and policy engagement.

RAKEZ’s Indian business community continues to grow in line with the strengthening UAE–India economic relationship under the Comprehensive Economic Partnership Agreement. Today, RAKEZ is home to more than 13,500 Indian companies, ranging from SMEs to multinational brands such as Mahindra, Ashok Leyland, MSSL, JK Cement, Ace Cranes, G.K. Wire Industries, Bosco Aluminium & Glass, Shyam Middle East, Nash Industries, Xpro India (part of Birla conglomerate), and Dabur Naturelle.

Through continued on-ground engagement and sector-focused outreach, RAKEZ continues to position Ras Al Khaimah as a preferred destination for Indian businesses seeking sustainable growth, regional access and long-term expansion from the UAE.

Through its multi-city outreach, RAKEZ is engaging directly with Indian businesses and industry partners, providing practical insights into establishing and expanding operations in Ras Al Khaimah. The initiative reflects RAKEZ’s continued focus on supporting Indian enterprises across key commercial and industrial centres.