Industrial and warehouse logistics park supply is projected to rise by 13-14% in FY25, reaching 424 million sq ft, driven by strong demand, says an ICRA report.

Singapore's sovereign wealth fund GIC has offloaded shares of IRB Infrastructure Trust for Rs 5,884 crore through open market transactions. Ferrovial acquired the shares at the same price.

The Competition Commission of India (CCI) has approved Cintra's acquisition of a 24% stake in IRB Infrastructure Trust, a move that expands Ferrovial's presence in India's infrastructure sector.

Shapoorji Pallonji Group's investment platform SPREF II has sold its stake in a Hyderabad commercial real estate project for Rs 2,200 crore, marking one of the largest transactions in Indian real...

Shapoorji Pallonji Group's investment platform SPREF II has sold its stake in a Hyderabad commercial real estate project for Rs 2,200 crore to a joint venture of global institutional investors.

India's tourism sector presents a prime opportunity for job creation, says the Economic Survey, citing growth in tourist arrivals and hotel supply. The survey emphasizes the need for skilled...

CEA Nageswaran advocates for a pan-India dialogue on agriculture, urging policy re-orientation despite subsidies, to address challenges like soil degradation and environmental pollution.

Coal India has secured its first critical mineral asset, a graphite block in Madhya Pradesh, marking its entry into non-coal mineral mining. The move supports the country's green energy transition...

India's Economic Survey highlights the need for collaborative efforts between the Centre and states to enhance education quality, particularly in primary education, to achieve foundational literacy...

India's pharma sector, valued at USD 50 billion, is projected to reach USD 130 billion by 2030. Economic Survey highlights the need for skill development, innovation, and a robust supply chain for...

India's tourism sector presents a prime opportunity for job creation, says the Economic Survey, citing growth in tourist arrivals and hotel supply. The survey emphasizes the need for skilled...

India's Economic Survey 2023-24 announces allocation of 5% of USOF for telecom R&D, aiming to boost technology innovation and development of 5G and 6G services.

CEA Nageswaran advocates for a pan-India dialogue on agriculture, urging policy re-orientation despite subsidies, to address challenges like soil degradation and environmental pollution.

India's remittances, a key source of external financing, are projected to rise to $124 billion in 2024, driven by strong labor markets and diversification of migrant workforce.

India's economy needs to generate 78.5 lakh jobs annually in the non-farm sector until 2030, according to the Economic Survey, to cater to the rising workforce. The Survey suggests various measures...