Indian economy
India targets 300 million tonnes steel capacity by 2030; explores green steel collaboration with Sweden
India is targeting 300 million tonnes of crude steel capacity by 2030, with Sweden exploring green steel collaboration as domestic demand surges amid...
India’s REIT Market Set to Nearly Double by 2030: Knight Frank–CII Report
Knight Frank India and CII project India’s REIT market to nearly double to ₹19.7 lakh crore by 2030, driven by policy reforms, institutional...
ACC Q2 profit jumps fivefold to Rs 1,119 crore on strong cement demand and higher sales
ACC Ltd’s Q2 profit rose fivefold to Rs 1,119 crore on robust cement demand and higher sales, with revenue up 30% to Rs...
Adani Ports to invest Rs 75,000 crore to double cargo handling capacity by 2030
Adani Ports and SEZ will invest Rs 75,000 crore by FY29 to expand its port, logistics, and technology network, targeting one billion tonnes...
UltraTech Cement Approves Rs 10,255 Crore Expansion to Boost Production Capacity by 22.8 MTPA
UltraTech Cement has approved a Rs 10,255 crore investment to expand its production capacity by 22.8 MTPA, reaching 240.76 MTPA by FY28 through...
UltraTech Cement Q2 Profit Surges 75% to Rs 1,232 Crore; Approves Rs 10,255 Crore Expansion Plan
UltraTech Cement’s Q2 profit surged 75% to Rs 1,232 crore with revenue up 20%. The company approved a Rs 10,255 crore expansion plan...
India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector
India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...
India’s Steel Demand to Rise 9% Annually in 2025 and 2026: World Steel Association
India’s steel demand is projected to surge by 9% in both 2025 and 2026, supported by strong infrastructure and housing growth, according to...
Tata Steel India’s Crude Steel Output Rises 7% to 5.67 Million Tonnes in Q2FY26
Tata Steel’s crude steel output in India rose 7% year-on-year to 5.67 million tonnes in Q2FY26, driven by the Jamshedpur furnace relining and...
Gadkari Announces New Bill to Strengthen India’s Construction Equipment Industry
Nitin Gadkari announced a new Bill to strengthen India’s construction equipment industry by promoting local manufacturing, curbing Chinese imports, and supporting clean fuel...
