Editors Pick
Builders Association of India Urges Urgent Reforms to TNRERA Approval Process
The Builders Association of India (BAI) has called for immediate reforms to streamline the Tamil Nadu Real Estate Regulatory Authority (TNRERA) approval process,...
Construction Material Prices Skyrocket in Tamil Nadu, M-sand Rises by 40%
The construction industry in Tamil Nadu is facing a significant challenge as the prices of essential materials like M-sand and gravel have seen...
Chennai’s DRA Expands to Pune, Bengaluru, Eyes Rs 1,000 Crore Revenue by 2027
Chennai-based real estate firm DRA has announced its expansion to Bengaluru and Pune by the next financial year, targeting a significant growth trajectory....
India’s GDP Growth Slows to 5.4% in Q2 FY25: Hopes on H2 Recovery
India’s GDP growth dropped to 5.4% in Q2 FY25, its lowest in seven quarters, driven by weak performance in mining, manufacturing, and utilities....
India Launches First Critical Mineral Auctions to Boost Domestic Mining
India has launched its first-ever auction of critical and strategic minerals, offering 20 blocks across seven states and Jammu & Kashmir. These blocks...
Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL
The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...
India’s Steel Imports Up 41%, BIS Enforces Quality Standards to Protect Industry
India’s steel imports have risen sharply in the first half of 2024-25, reaching 4.735 million tonnes, a 41.3% increase compared to 3.329 million...
Renaatus Projects Wins Chennai Central Tower Contract with ₹412.9 Crore Bid
Renaatus Projects has been declared the lowest bidder (L1) for the Chennai Central Tower development, with a bid value of ₹412.9 crore. The...
Steelmaking Revolution: India’s Scrap Consumption Rises 8% in 2024
India’s ferrous scrap consumption rose by 8% year-on-year in the first 10 months of 2024 (10MCY’24), reaching 28.08 million tonnes (mnt) compared to...
Japan Flags Steel Import Delays at Indian Ports, MSMEs Raise Concerns
The Embassy of Japan has voiced concerns over prolonged delays in steel consignments at Indian ports, citing customs requirements for No Objection Certificates...
