

India Plans 500 km Rail Expansion Along Northeastern Frontier
India is set to strengthen its northeastern frontier with the construction of 500 kilometres of new rail lines, including bridges and tunnels, to improve connectivity, accelerate logistics, and ensure military readiness along borders with China, Bangladesh, Myanmar, and Bhutan. The project is expected to cost Rs 300 billion ($3.4 billion) and is targeted for completion within four years.Though relations with China have recently improved, the infrastructure push reflects India’s long-term contingency planning amid a history of cycles of rapprochement and tension. The new rail corridors will c..

BlackRock Leases Bengaluru Office for Rs 410 Billion
BlackRock Services India Pvt Ltd, the Indian arm of global asset manager BlackRock Inc, has leased 1.43 lakh sq ft of office space in Bengaluru’s Ashok Nagar for Rs 410 billion over a 10-year period, according to property registration documents accessed by Propstack.The commercial space, located in KNG Tower 1 and leased from IndiQube Space Limited, covers the ground floor and five additional floors. The monthly rent is set at Rs 2.72 billion at Rs 190 per sq ft, with an annual escalation of 5 per cent. A security deposit of Rs 21.75 billion has been paid. The lease transaction was registere..

India Launches First Geothermal Energy Policy
India has unveiled its first National Policy on Geothermal Energy, marking a major step in its clean energy journey. Announced by the Ministry of New and Renewable Energy (MNRE), the policy seeks to integrate geothermal energy into the country’s renewable energy portfolio, supporting its goal of net-zero emissions by 2070.Geothermal energy, which harnesses the Earth’s natural heat, offers 24/7 electricity, grid stability, and energy access for remote areas. The policy places emphasis on research and development, particularly improving exploration and drilling methods, while also encouragin..