US Housing Starts Surge, Boosting Economy

18 Aug 2023 CW Team

Intro- Housing starts in the US experience a significant surge, contributing to economic growth Housing starts in the United States have witnessed a substantial surge, serving as a positive indicator for the economy. The increase in housing starts indicates growth in the construction sector and suggests that the housing market is experiencing a demand-driven upswing. This surge is expected to have positive implications for job creation, as increased construction activity requires a skilled workforce. The housing sector has traditionally been a key driver of economic growth, impacting various related industries such as real estate, manufacturing, and finance. The surge in housing starts reflects improved consumer confidence and economic conditions. It also signifies the potential for increased consumer spending on home-related goods and services. As the housing market continues to expand, it is likely to contribute significantly to overall economic recovery and development.

Infrastructure Transport

22 Sep 2025

NHAI Tightens Contractor Norms to Boost Highway Quality

The National Highways Authority of India (NHAI) has revised Request for Proposal (RFP) provisions to enhance the quality of highway projects, reduce delays, and lower lifecycle costs. The updates tighten contractor qualification norms, strengthen execution compliance, and increase financial transparency, the Ministry of Road Transport and Highways (MoRTH) said on Wednesday.The stricter RFP clauses will ensure that only technically capable and experienced contractors are eligible for national highway projects. RFPs formally invite bids from contractors, specifying project requirements, terms, a..

Imphal to Gain Rail Connectivity with Jiribam Line Soon

Indian Railways is advancing rapidly on the Jiribam–Imphal railway line, a landmark project set to bring train connectivity to Imphal, the capital of Manipur. The 110.625 km line falls under the administrative control of the Northeast Frontier Railway (NFR) zone.Following the recent completion of the Bairabi–Sairang rail project, which enabled services from Aizawl (Sairang), Imphal will soon join the national rail network. During his visit to Manipur on 13 September 2025, Prime Minister Narendra Modi affirmed that the government is investing Rs 22 billion in the project.Currently, a 55.36 ..

Adani to Double Colombo Terminal Capacity Ahead of Schedule

India’s Adani Group and its partners are set to double the capacity of the $840 million Colombo West International Terminal months ahead of schedule, despite relinquishing $553 million in U.S. funding, according to an executive at partner firm John Keells Holdings.The deepwater terminal, situated alongside a facility operated by China Merchants Port Holdings, highlights Sri Lanka’s strategic role in the contest for influence in the Indian Ocean between New Delhi and Beijing.The first phase of the fully automated terminal became operational in April 2025. The second and final phase is under..