Goa Mining Resumes: Economic Boost as Operations Set to Restart

22 Jan 2024 CW Team

In a significant development, authorities have given the green light to resume mining operations in Goa, marking a crucial step towards reviving the state's mining sector. The decision comes after a prolonged hiatus, offering a ray of hope for the local economy. With environmental concerns addressed and regulatory frameworks in place, the mining industry is poised for a responsible restart. This move holds immense promise for Goa's economic landscape, injecting vitality into a sector that has been dormant for an extended period. As mining operations gear up, job opportunities are expected to burgeon, providing a much-needed boost to employment in the region. The revival of this key industry also underscores the commitment to sustainable practices, ensuring a balance between economic progress and environmental responsibility. Key stakeholders, including mining companies and local communities, eagerly anticipate the positive impact on Goa's GDP. The resumption of mining activities is set to contribute millions to the state's revenue, fostering economic growth and development. As the mining wheels begin to turn again, there is optimism that this decision will serve as a catalyst for broader economic recovery in the region.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..