Market Updates
Karnataka Raises FAR to 5.2 in KIADB Areas, Set to Reshape Industrial Skyline
Karnataka has increased the permissible Floor Area Ratio to 5.2 in KIADB areas, paving the way for taller industrial and commercial developments and...
NMDC Revises Iron Ore Prices Effective February 10, 2026
NMDC Limited has revised iron ore prices effective February 10, 2026, fixing Baila Lump at Rs 4,700 per tonne and Baila Fines at...
India Expands Steel Export Focus to Middle East and Asia Amid Diversification Push
India is actively exploring new steel export markets in the Middle East and Asia as part of a broader strategy to reduce dependence...
Chennai Metro Phase II Nears 49% Completion; Centre Releases Rs 10,354 Crore
Chennai Metro Phase II has reached 49 percent completion, with the Centre releasing Rs 10,354.15 crore for the 118.9 km expansion project, strengthening...
Steel Ministry’s PLI 1.2 Drive to Add 8.7 Million Tonnes of Specialty Steel Capacity
The Ministry of Steel has signed MoUs for 85 specialty steel projects under PLI Scheme 1.2, committing investments of Rs 11,887 crore and...
Mahindra Lifespace, Mitsui Fudosan Launch Premium Residential Project in Bengaluru
Mahindra Lifespace Developers and Japan’s Mitsui Fudosan Group have entered a long-term joint venture to develop Mahindra Blossom, a premium, sustainability-led residential project...
Chennai Central Tower Set for Mid-2027 Completion
The 27-storey Central Tower coming up opposite Chennai Central Railway Station is set for completion by mid-2027, emerging as a major mixed-use landmark...
Centre Plans Rs 9,280 Crore Water Metro Push to Ease Urban Congestion
The Union government is preparing a Rs 9,280 crore initiative to support Water Metro systems across India, aiming to reduce road congestion and...
Andhra Pradesh Approves Rs 1,172 Crore CRR Road Project to Boost Odisha Connectivity
The Andhra Pradesh government has approved the Rs 1,172 crore Chilakapalem–Ramabhadrapuram–Rayagada road project, a major step to improve road connectivity between North Andhra...
Railways Cut Freight Rates to Boost Bulk Cement Transport
Indian Railways has reduced freight charges for bulk cement movement to 85 paise per gross tonne kilometre, making rail transport more competitive than...
