
Kochi tops state in global index, experts not upbeat
KOCHI: The Oxford Economics Global Cities Index 2025 has Kochi in 420th position globally and eighth in India — making it the top-ranked city in Kerala. But experts caution against reading too much into the ranking, warning that the city still faces serious challenges in infrastructure, mobility, governance, and public services.
The index, which ranks cities based on five key pillars — economics, human capital, quality of life, environment, and governance — also lists several other Kerala cities: Thrissur (429 globally, 9th in India), Kozhikode (497/11), Kottayam (552/16), Kollam (583/20), Thiruvananthapuram (608/24), and Kannur (663/32).
In the 2024 listing, Kochi ranked 521 globally, while Thrissur was positioned 550th. Kozhikode was 580th, Kottayam 649th, Thiruvananthapuram 686th and Kannur 759th.
While Kochi's rise up the rankings may seem encouraging, urban policy experts and civic leaders urge a deeper reflection on what needs to change. Dr D Dhanuraj, founder of the Kochi-based think tank Centre for Public Policy Research (CPPR), said the ranking should serve as a wake-up call rather than a moment of pride. 'To improve Kochi's standing, we must focus on public transportation, governance, quality of life, business development, and empowering local institutions,' he said.
He stressed the urgent need to upgrade the public transport system. 'We need more feeder buses and better connectivity to the islands. The rising number of private vehicles is causing congestion and pollution. A well-integrated public transport network is essential to make the city liveable,' he added.
On broader development goals, Dr Dhanuraj said Kochi must aim to attract more business investment, especially in sectors like IT and tourism. 'The city lacks social spaces and options for engagement. We need green spaces, entertainment hubs and cultural initiatives. Authorities must also liberalise rules to encourage startups and new enterprises. It's vital to involve youngsters and professionals in shaping the city's future.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
42 minutes ago
- Time of India
Trump's 'big, beautiful' bill set to further tarnish Treasuries' lustre overseas
As the Trump administration's "big, beautiful bill" grinds its way through the U.S. Senate, incentives are growing for foreign investors to diversify out of U.S. Treasuries losing sheen from prospects of deficit spending and inflation-boosting tariffs. President Donald Trump's sweeping tax cut and spending measure will boost U.S. debt by $3.3 trillion, the nonpartisan Congressional Budget Office estimates, while runaway deficits and swelling debt led Moody's to cut its credit rating in May. "Definitely I'm concerned about the fiscal deficit expansion ," said Toshinobu Chiba, a Tokyo-based rates and credit fund manager for Simplex Asset Management. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Easy Living: Small Home with Bath for Seniors Compact 60 sqm Mini House for Seniors – Includes Toilet & Bath (See Inside) | Search Ads Search Now Undo Chiba said he has been using futures to shift away from Treasuries and into European debt, but aims to move that trade to the cash bond market when Trump's "big, beautiful bill" passes and inflation expectations tick upwards. "I think the first options should be Europe, especially the bunds and French bonds, and also Australia and Singapore are options for global investors." Live Events Traditionally a refuge for markets, Treasuries have been volatile since April, becoming less attractive for overseas investors as Trump's erratic policies on tariffs and taxes drove them to pare exposure to the dollar and U.S. markets. U.S. Treasury International Capital (TIC) data shows foreign money leaving U.S. short and long-term debt and banking flows stood at a net $14.2 billion in April, the same month that Trump rattled global markets with his "Liberation Day" tariffs. The U.S. national debt has increased fourfold in less than 10 years to some $36 trillion, with about $29 trillion held publicly. Japan is the biggest external holder of Treasuries with $1.13 trillion, followed by Britain with $807.7 billion and China with $757.2 billion, TIC data shows. Treasuries fell in the aftermath of the tariff news, with benchmark 10-year yields reaching as high as 4.629% on May 22 before settling down to about 4.277%. Treasury 10-year yields have swung between 3.9% and 4.629% since April. Passage of Trump's long-simmering bill would give investors another reason to fret about the state of U.S. finances. Senators debating the measure in a marathon weekend session were expected to pass it late on Monday and in the Asian trading day on Tuesday. Senate Republicans are set on using an alternative calculation method for the bill's cost that does not factor in extending the 2017 tax cuts and seems to save $500 billion, according to an analysis by the Bipartisan Policy Center. Prospects for even wider deficits in the U.S. may compel European investors to dump Treasuries and bring their money home, said Gustavo Medeiros, London-based global head of research at emerging markets investment manager Ashmore Group. When Treasuries and other major bond markets sold off in April, the Bund market held firm. Though the amount of German debt is also growing after the new government's trillion euro defence and infrastructure spending push, Europe's biggest economy is the only G7 member with a debt-to-GDP ratio below 100%, bolstering its safe-haven credentials. "That not only creates an upward, better opportunity for the equity markets, but it also is going to increase the issuance of risk-free German bunds and pan-European debt," Medeiros said. "So you're going to have a lot of incentive for capital to come back." Yet a widespread sell-off is unlikely, despite fiscal concerns over Trump's spending bill that are expected to steepen the Treasury yield curve as investors demand higher returns to hold U.S. debt for longer, said analyst Masahiko Loo. "The reduction in foreign US Treasury holdings has been a long-term structural trend rather than a sudden exodus," said Loo, a senior fixed income strategist at State Street. "It is a 'diversification, not divestment' story with foreign investors, particularly in Asia." Hemant Mishr, group CIO of SCUBE Capital, is also betting on a steeper Treasury curve. "The markets are worried and U.S. risk premiums will further widen," he said. "We expect U.S. credit default swaps to continue quoting at a substantial premium to similarly rated sovereigns."


Hans India
an hour ago
- Hans India
Signature Global to Raise Rs 875 Cr by August Through Debentures to Refinance Debt, Future Growth
Realty firm Signature Global plans to raise up to Rs 875 crore through issue of non-convertible debentures to refinance debt and expand business. Signature Global's board approved the raising of funds by issuance of Secured Listed Redeemable Non-Convertible Debentures (NCDs), for an amount not exceeding Rs 875 crore on private placement basis, in one or more tranches. Signature Global Chairman Pradeep Kumar Aggarwal, said, "We have taken the approval of board to raise funds. We will also seek shareholders approvals." He said the company will use Rs 450 crore to refinance its existing debt while the remaining amount will be for business growth. Aggarwal said the company is targeting to raise funds by the end of August, subject to shareholders' approval. On Wednesday, the board also approved the notice of postal ballot for seeking shareholders' approval for issuance of NCDs, enhancement of borrowing limit, enhancement of limit for creation of security and alteration of Articles of Association of the company. Gurugram-based Signature Global is one of the leading real estate developers in the country. In 2024-25 financial year, the company emerged as the fifth largest listed real estate firm in terms of sales bookings. The company sold properties worth Rs 10,290 crore in the last fiscal and is targeting Rs 12,500 crore pre-sales in the current financial year. Signature Global started its business to develop affordable housing projects, but now it is focusing on mid-income, premium segments because of the high land cost in Gurugram.


Time of India
an hour ago
- Time of India
Stock trading scam: Retired software employee duped of Rs 3 crore in Hyderabad; added to WhatsApp group run by fake brokerage firm CEO
HYDERABAD: A 67-year-old retired software employee was duped for Rs 3 crore by fraudsters posing as representatives of a well-known Delhi-based stock trading firm. In his complaint to the Telangana Cyber Security Bureau (TGCSB), the victim from Lalaguda alleged that in mid-April he was added to a WhatsApp group administered by a fraudster posing as Anu Prita Daga, who claimed to represent the CEO of a Delhi-based stock brokerage firm. The group, with 60 members, persuaded investors to open Over-The-Counter (OTC) trading accounts on their web platforms such as and assuring them that all transactions were reported to SEBI and RBI. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Trusting the claims, the victim transferred money from his bank accounts to various bank accounts of technology, textile, and construction companies provided by the fraudsters in 36 transactions between May 30 and June 19. Later, the fraudsters announced that they were underwriting the initial public offer of a health tech firm and, through their manipulated portal, allotted shares worth Rs 49 crore in the victim's name and started pressuring him to make payment. The victim became suspicious as the total value of the IPO was Rs 55 crore. "I asked, how can they allot Rs 49 crore value of shares to a single retail investor and around 300 crores to other group members when the total IPO value was itself Rs 55 crore," the complainant said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo When he questioned the allotment, the accused threatened penalties for a negative balance and froze his account. The victim then directly contacted the health tech firm which issued the IPO and also SEBI to verify the documents sent by the fraudsters and realised that he was duped. Based on his complaint, TGCSB Headquarters police in Hyderabad registered a case under section 66-D of the IT Act and Sections 318(4) (cheating and dishonestly inducing delivery of property), 319(2) (cheating by personation), and 338 (Forgery of valuable security, will, etc.) of the Bharatiya Nyaya Sanhita (BNS) on Saturday. "The defrauded amount was transferred to multiple accounts and withdrawn. We are analysing the bank transactions to identify the accused," said a police official.