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China will launch tourist trains with medical and elder-care facilities by 2027. This initiative aims to tap into the spending power of its aging population. The plan involves diversified tourist routes and comprehensive services. International companies can participate. Medical expenses can be claimed on health insurance. This is part of China's broader silver economy plan.
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EIH Associated Hotels shares fell 5.1% amid a broader market selloff despite a 5.4% rise in Q3 net profit to Rs 39.91 crore. Revenue grew 5% to Rs 133 crore, but margins slipped to 40.5%. The stock remains under pressure, down 18.8% in six months.
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As of today, the Indian Stock Market is giving an Earning Yield of 5% (~PE of 20). At the same time, US 30 year G-Sec Yield is close to 4.6%, so here comes the question why any FII should invest in India when they are getting such high yields in US treasury, which is supposed to be the safest asset class in the world.
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