

UP Govt Invests Rs 1.05 Billion In Sandila Industrial Upgrade
The Uttar Pradesh government is investing Rs 1.05 billion in the Sandila industrial area in Hardoi as part of its strategy to drive industrial growth and improve the ease of doing business.According to UPSIDA CEO Mayur Maheshwari, the upgrade will involve extensive construction and renovation of roads, drains, culverts, and industrial entry gates, aimed at creating a “world-class industrial environment” for businesses operating in the region.Beyond infrastructure improvements, the Sandila industrial area will also feature new worker- and visitor-friendly amenities. These include a Shramik ..

REA India Revenue Rises 25 Per Cent To Rs 7.11 Billion
REA India, owner of Housing.com, has reported a 25 per cent growth in revenue to AUD 129.2 million (Rs 7.11 billion) in the fiscal year ended June 2025, supported by strong residential property demand.Part of Australia’s publicly listed REA Group, REA India is a full-stack real estate technology company that also operates Makaan.com. Recently, it announced the divestment of its housing brokerage arm PropTiger.The company’s EBITDA loss narrowed to AUD 28.4 million in FY25, compared with AUD 35.8 million in the previous fiscal.“FY25 has been a landmark year of growth and strategic clarity...

China’s Rare Earth Export Curbs Hit Indian Supply Chains
New Delhi, 19 August – Export restrictions imposed by China on key rare earth magnets have disrupted supply chains of Indian manufacturers, including electric vehicle (EV) producers, Minister of State for Commerce and Industry Jitin Prasada informed the Lok Sabha.“The recent imposition of export restrictions on key rare earth magnets by China has resulted in a supply chain bottleneck, impacting Indian industries including electric vehicle manufacturers,” Prasada said in a written reply. He added that regular consultations are being held with stakeholders to identify measures to address t..