Saturday , 20 June 2026

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TMT Steel Price Surge Puts Pressure on Construction Sector Margins

A 20 percent rise in TMT steel prices in Coimbatore has pushed construction costs higher, prompting builders to revise estimates and caution against...

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Kerala Signs Rs 2000 Crore Logistics MoUs to Transform Vizhinjam Port into Strategic Maritime Hub

Kerala partners with central PSUs to invest Rs 2000 crore in bunkering, logistics and warehousing infrastructure at Vizhinjam, positioning the port as a...

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Air Cargo Industry Pushes for Restoration of Double Dip Facility to Boost Tier 2 and Tier 3 Exports

India’s air cargo industry has urged the Centre to reinstate the double dip facility for foreign freighters, saying the move can unlock export...

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Core Sector Output Rises 4 Percent in January as Growth Momentum Moderates

India’s core sector output increased 4 percent year on year in January 2026, easing from December’s pace, with steel and cement leading growth...

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Cement Industry Set for 158 MT Capacity Expansion by FY28: Citi

Citi projects 158 million tonnes of cement capacity additions between FY25 and FY28, led by UltraTech and Ambuja, signalling consolidation and long term...

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Construction Equipment Sales Drop 21% in January as Infrastructure Execution Slows

India’s construction equipment industry recorded a 21 per cent year on year decline in January retail sales, reflecting slower infrastructure execution, delayed project...

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India Looks to Middle East and Asia to Shield Steel Exports from EU Carbon Tax Impact

India is diversifying steel export markets towards the Middle East and Asia to reduce dependence on Europe after the EU carbon tax, while...

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Nuvoco Vistas launches Zero M Triple Shield to redefine premium wall protection

Nuvoco Vistas Corp has introduced Zero M Triple Shield putty, a premium white cement based solution offering anti microbial, waterproofing and anti efflorescence...

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Steel Companies Accelerate Scrap Usage as Green Steel Norms Take Effect

Leading steel producers are expanding scrap processing capacity and low carbon production as the government rolls out green steel star ratings and mandates...

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Indian Railways Targets Rs 30,000 Crore Cargo Revenue Through Gati Shakti Terminals

Indian Railways plans to generate Rs 30,000 crore in additional cargo revenue over three years by expanding Gati Shakti Cargo Terminals and accelerating...