Editors Pick
India’s Steel Imports from China Surge 35%, Pressuring Domestic Producers
India’s finished steel imports from China soared to a record 1.7 million metric tons in the first seven months of FY2024 (April-October), marking...
Smart City 2.0: Tamil Nadu Proposes 15 Cities to Union Govt
Tamil Nadu has officially proposed the inclusion of 15 cities in the upcoming Smart City 2.0 initiative, set to launch in 2025. The...
Somany Ceramics Expects Growth in H2 FY25 with Improved Demand and Capacity Utilisation
Somany Ceramics anticipates a stronger second half of FY25, with growth expected in the range of high single to low double digits. This...
Southern Steel Markets Witness Stability with Minimal Price Adjustments
Steel markets in southern India, including Chennai, Hyderabad, and Bellary, experienced a day of mixed trends on 4 December 2024. While minor price...
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...
