Market Updates
UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues
UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...
GST 2.0 Reshapes Construction: Lower Costs, Affordable Housing, and Faster Project Delivery
The rollout of GST 2.0 on September 22 has reshaped India’s construction industry by reducing tax rates on cement, materials, and logistics. With...
Nuvama-C&W JV Acquires One Paramount in Chennai, Reflecting Strong Domestic Interest in Office Assets
Nuvama Asset Management and Cushman & Wakefield India’s Prime Offices Fund has acquired One Paramount, a 2.4 million sq ft Grade-A office complex...
Maharashtra Signs ₹80,962 Crore Investment Pacts at Steel Mahakumbh, Over 40,000 Jobs to be Created
Maharashtra secures ₹80,962 crore in steel investments at Steel Mahakumbh, creating over 40,000 jobs across multiple districts, boosting industrial growth.
Chennai Metro Marks Milestone with U-Girder Installation at Vadapalani
Chennai Metro Rail has achieved a milestone at Vadapalani by installing massive U-shaped girders for Corridor 4 above Jawaharlal Nehru Salai. Using advanced...
Trump’s $100,000 (₹88.1 Lakh) H-1B Visa Fee to Impact Indian Real Estate Market
US President Donald Trump’s $100,000 (₹88.1 lakh) H-1B visa fee is set to reshape India’s real estate market. While premium housing demand in...
Andhra Pradesh to Develop 23,000-Acre Industrial Park Near Bengaluru
Andhra Pradesh is set to develop a 23,000-acre industrial park in Sri Sathya Sai district near Bengaluru, covering aerospace, electronics, drones, and IT...
Jindal Group Makes Takeover Offer for Thyssenkrupp’s Steel Division
India’s Jindal Group has made a takeover offer for Thyssenkrupp’s struggling steel division. The proposal focuses on green steelmaking, job security, and long-term...
Steel Demand to Accelerate in H2FY25 as Construction and GST Cuts Drive Growth: Naveen Jindal
India’s steel demand is set to grow at double-digit rates in H2FY25, driven by post-monsoon construction, GST cuts on cement, and lower taxes...
Serviced Residences Expand Beyond Tier-I Cities, Emerging Strong in Tourist Destinations
The burgeoning trend in India’s real estate is investment in serviced residences-these residences have been extended into markets beyond metros such as Mumbai,...
