Government may give global funds a tax reduction

Zoomlion Named Elite Smart Factory Leader at 2025 WIM Conference

Zoomlion Heavy Industry Science & Technology Co has been recognised as one of the top 15 pioneering smart factories at the 2025 World Intelligent Manufacturing Conference. The honour highlights the company’s advancements in shared mixed-flow production, a model that is redefining efficiency and digital capability in heavy equipment manufacturing. At the core of this recognition is Zoomlion’s breakthrough in addressing one of the industry’s toughest challenges: producing low-volume, multi-model heavy machinery on a unified mixed-flow line. At its Smart Industrial City, the compan..

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..