Global borrowers have issued a record amount of debt in euros in 2025, nearly a fifth more than last year, according to data from Dealogic, reflecting a growing trend among investors to seek alternatives to the U.S. dollar. Issuers have raised over $2.2 trillion in euro-denominated debt so far this year, figures from Dealogic showed, marking an increase of over 19% from 2024. The increase marks the third straight year of rising euro supply, although the pace has slowed slightly from the near 21% rise in 2024. The surge in euro issuance volume could reflect a willingness among investors to diversify from the U.S. dollar , which has dropped over 9% this year against a basket of currencies, but is also a product of lower interest rates, particularly for emerging market issuers.
Union Home Minister Amit Shah on Friday asserted that the adoption of green building norms should be the "new normal" in the housing sector, and asked developers to build low-cost homes as well as provide labourers with skill training. Addressing a conclave of the realtors' apex body CREDAI here, the minister stressed on making the land market transparent, while expressing concerns over land banking and speculative holding. Shah also highlighted that the real estate law, RERA, has made the functioning of developers smooth, besides protecting the interests of homebuyers. He also noted that the reduction in GST rates on various building materials would help in reducing the cost. "The reduction in cost would help builders in providing more facilities to customers," he said. Talking about the
IndiGo will start compensating passengers affected by large-scale flight disruptions earlier this month from December 26, following a directive issued by the civil aviation ministry, sources told ToI.The government on Friday instructed the airline to immediately initiate the compensation process for travellers impacted during December 3, 4 and 5, when thousands of flights were cancelled or delayed. Following the directive, IndiGo will issue travel vouchers worth ₹10,000 each to “severely impacted customers who were stranded at airports for many hours” on those days, apart from additional compensation of ₹5,000 to ₹10,000 in line with government norms, sources said.The directive was issued by civil aviation secretary Samir Sinha during a review meeting. Explaining the timeline, an