Trump Goes Commercial in India
ECONOMY & POLICY

Trump Goes Commercial in India

The Trump Organisation is making its commercial real estate debut in India with Trump World Center Pune, a Rs 17 billion office project by Tribeca Developers in partnership with Kundan Spaces. Led by Tribeca’s founder Kalpesh Mehta, the 1.6 million sq ft development targets Rs 25 billion in s...

The Trump Organisation is making its commercial real estate debut in India with Trump World Center Pune, a Rs 17 billion office project by Tribeca Developers in partnership with Kundan Spaces. Led by Tribeca’s founder Kalpesh Mehta, the 1.6 million sq ft development targets Rs 25 billion in sales. Featuring luxury offices, retail, and India’s first Trump Club, the project expands Trump’s footprint beyond residential ventures.

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Infrastructure Urban

Centre Approves Rs 118 Bn Expansion for Five New IITs

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved a Rs 118.29 billion expansion plan for five Indian Institutes of Technology (IITs) established post-2014. These include IIT Tirupati (Andhra Pradesh), IIT Palakkad (Kerala), IIT Bhilai (Chhattisgarh), IIT Jammu (Jammu & Kashmir), and IIT Dharwad (Karnataka).The investment, to be made over four years from 2025–26 to 2028–29, supports Phase-B construction aimed at enhancing academic and infrastructure capacity. The plan also includes the creation of 130 new professor-level faculty posts (Level 14 and above).As ..

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Infrastructure Transport

Five Underpasses Planned in Gurugram Metro Phase 2

As part of the second phase of the Old Gurugram Metro project, five new underpasses will be constructed to ease congestion in key areas of the city, officials from Gurugram Metro Rail Limited (GMRL) have confirmed. The detailed project report (DPR) for these underpasses will be prepared by Systra, the consultancy agency engaged by GMRL.The underpasses are planned at Sector-3A/4/5 Chowk near Railway Road; from Sector-5 junction to Sheetla Mata Road (one-way); Bajghera Road to Krishna Chowk; Rejangla Chowk to Udyog Vihar via Palam Vihar Road; and Palam Vihar Road Junction. The estimated cost for..

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Infrastructure Urban

India, Rhenus to Launch Barge Cargo Services on Waterways

In a major step towards enhancing green logistics, the Inland Waterways Authority of India (IWAI) signed a Memorandum of Understanding (MoU) on 6 May 2025 with global logistics firm Rhenus Logistics India Private Limited to commence barge cargo services across India’s key national waterways.Under the agreement, Rhenus will introduce 100 barges in phases, beginning with the deployment of 20 barges and six pushers. The initiative targets the transportation of over one million tonnes of cargo annually by the end of 2025, the Ministry of Ports, Shipping and Waterways stated.“Inland waterways o..

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