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India Explores Critical Mineral Blocks in Africa and Latin America

04 Jul 2024

The Central Government of India is contemplating a significant increase in subsidies for rural housing, aiming to allocate over $6.5 billion towards this sector. This initiative is part of efforts to accelerate housing development in rural areas and impro

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Mumbai Sees 34% Increase in Road Crashes, 4% Rise in Fatalities: Economic Survey

04 Jul 2024

The Economic Survey reports a significant rise in road crashes and fatalities in Mumbai.

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HDFC Capital Advisors Acquires 8.5% Stake in Truboard Technologies

04 Jul 2024

HDFC Capital Advisors has finalized the acquisition of an 8.5% stake in Truboard Technologies

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Feasibility Studies Planned for North-South-East Bullet Train Corridors

04 Jul 2024

Sources indicate that the proposed hike in subsidies is intended to support various schemes aimed at providing affordable housing solutions to rural residents. These subsidies are crucial in enabling beneficiaries to construct or upgrade their homes, enha

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Approval Pending for Doon-Mussoorie Railway Line Amid Hydropower Projects

04 Jul 2024

The proposal for constructing a railway line connecting Dehradun to Mussoorie is currently pending approval, amidst delays in hydropower projects in the region

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MMRDA Signs Rs.8.50 Bn Urban Infrastructure Financing Deal with KfW

04 Jul 2024

The increased allocation underscores the government's commitment to bridging the housing gap in rural regions, where access to adequate housing remains a pressing challenge. By incentivizing housing construction and renovation through subsidies, the gover

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Smartworks Raises Rs.1.68 Bn Funding Led by Keppel for Expansion

04 Jul 2024

Smartworks Raises Rs.1.68 Bn Funding Led by Keppel for Expansion

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MMRDA Reissues Six Tenders to Enhance Thane Connectivity

04 Jul 2024

Efforts to enhance rural housing subsidies align with broader developmental goals, including poverty alleviation and inclusive growth. The government's proactive stance in augmenting financial support for rural housing reflects its commitment to equitable

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Jawaharlal Nehru Port Sees 10.6% Growth in Q1 Container Volumes

04 Jul 2024

Jawaharlal Nehru Port, one of India's largest container ports, reported a 10.6% growth in container volumes

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PJTL Lenders Approve Rs 10.20 Bn One-Time Settlement Plan

04 Jul 2024

As details of the subsidy hike unfold, stakeholders anticipate positive impacts on housing accessibility and affordability in rural India. The initiative is expected to empower rural households, foster community development, and contribute towards achievi

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Vedanta, Abu Dhabi Ports Bid for Rs 70.56 Bn VOC Port Terminal

04 Jul 2024

Vedanta and Abu Dhabi Ports have submitted initial bids for a Rs 70.56 Bn container terminal at VOC Port.

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Smart Cities Mission Extended Till March 2025 for Completion

04 Jul 2024

The Indian government has extended the Smart Cities Mission deadline to March 2025 to ensure project completion.

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