Real estate in India may reach $1.5 trillion by 2034 – Here’s why
As the country embarks on a growth trajectory, the Indian real estate sector becomes more promising. Fueled by urbanization, middle-class expansion, infrastructure development, significant foreign investments, and unwavering government support, the sector is set for unprecedented growth and transformation. This trajectory has not only maintained the sector’s allure but also opened up a world of opportunities for investors, promising potential for significant profit across residential, commercial, and retail segments.

Brigade Enterprises posts record sale bookings of Rs 6,013 cr last fiscal

Its sale bookings stood at Rs 4,109 crore in the 2022-23 fiscal.

Cement companies likely to report volume driven double-digit profit growth for Q4 aided by lower input costs
Revenues of top cement firms, including Ultratech Cement, ACC, Ambuja Cements, Shree Cement and Dalmia Bharat are likely to grow by 5-13% year-on-year for the March 2024 quarter, show the estimates of eight domestic brokerages. The growth will be largely driven by volume since cement firms have been unable to sustain any increase in cement prices over the past few quarters.

Multiple headwinds to weigh on cement stocks
Chennai: Shares of cement companies such as ACC, Ambuja, Ultratech, Shree Cements, that were on a roll over the past two weeks, are now on a slide. Last fiscal, most of them gained between 1 per cent and 35 per cent, but Shree Cement was down.

Committed to develop sustainable, environmentally friendly national highway network: NHAI chief
With a focus on building a robust and sustainable national highway network, NHAI organized a day long national workshop to discuss different aspects of environmental impact assessment, planning and mitigation for holistic National Highway development in New Delhi on Monday.

Highway construction to hit 12,500-13,000 km in FY25
New Delhi: India’s national highway (NH) construction pace is expected to grow by 5-8 per cent y-o-y to 12,500-13,000 km in the current financial year, which ends in March 2025, aided by a healthy pipeline of projects. ICRA said it expects road execution to witness a growth of 5-8 per cent to 12,500-13,000 km, after recording a robust expansion of around 20 per cent in FY24.

Centre working on five-year plan to reduce NHAI‘s debt
 

Vande Bharat celebrates historic achievement! Indian Railways says over 2 crore passengers travelled by Vande Bharat trains since 2019 launch
India’s First semi-high speed rail service, Vande Bharat marks a major milestone as more than two crores people have boarded it till March 31 since its inception, PTI reported. The first two Vande Bharat trains were inaugurated between Delhi to Varanasi in the year 2019, as per officials. The trains are specially designed indigenously by the Indian Railways and has provided a seamless travel experience to its passengers.