BMW Ventures Secures Rs 249.83 Million (mn) Steel Orders
Housing Sales Dip in Top Eight Cities in Q2, Pune and Bengaluru Hit Hard
Housing sales across the top eight cities fell six point one per cent year-on-year to 91,729 units in the April-June quarter from 97,674 a year earlier, PropTiger’s Real Insight Residential report showed. The moderation reflected seasonal pre-monsoon effects and heightened buyer caution amid the US-Iran conflict. New launches rose six per cent to 89,161 units. The impact was concentrated in technology-driven markets, with Pune and Bengaluru among the hardest hit. Pune recorded the steepest annual decline at 20.8 per cent, with sales falling to 12,642 units, while Ahmedabad declined 20.2 per ..
India And ADB Sign US$230 Million Loan To Modernise Chennai Water
The Government of India and the Asian Development Bank (ADB) signed a US$230 million loan to modernise and expand water supply and sanitation infrastructure in Chennai. Saurabh Singh, Deputy Secretary, Department of Economic Affairs (DEA), signed on behalf of the Government of India and Mio Oka, Country Director of ADB’s India Resident Mission, signed for the lender. The engagement was guided by Baldeo Purushartha, Joint Secretary (ADB and Japan), DEA. The Chennai Climate-Resilient Water Security and Sewerage Project aims to improve access to safe and reliable water and sanitation citywide w..
Puducherry Plans Major Infrastructure And Economic Push
Puducherry is preparing a major infrastructure and economic expansion as the government set priorities on connectivity, industrial development, healthcare, water security and welfare in the Legislative Assembly. The Union Territory’s overall receipts rose eight point five one per cent to Rs 133,976.9 million (mn) in 2025-26, while its own receipts increased 11.44 per cent to Rs 76,315.3 mn. Capital expenditure rose by 71.09 per cent to Rs 7,655.9 mn and the economy recorded growth of eight point one two per cent in 2025-26, above the national GDP growth rate. Among the major projects is the ..

