Kalunga ROB project nears completion; operational by November 2024

SAIL Chairman Calls for Steel Tariffs

The Chairman of Steel Authority of India Limited (SAIL) has called for the imposition of tariffs on steel imports, citing the need to protect the domestic steel industry from rising competition and price pressures. This recommendation comes amid growing concerns over the impact of cheaper imported steel, particularly from China, which is affecting the profitability and stability of Indian steel producers. The chairman highlighted that the influx of foreign steel has created market imbalances, making it difficult for local manufacturers to compete on both price and volume. India’s steel indus..

314 Housing Projects Face Insolvency

A concerning report reveals that 314 housing projects in Maharashtra are currently facing insolvency, leaving homebuyers in a precarious situation. The projects, many of which are located in Mumbai and its surrounding areas, have been stalled due to financial distress, raising serious concerns about the stability of the state’s real estate sector. These developments have impacted thousands of homebuyers who have invested in under-construction properties, now facing uncertainty about the completion and delivery of their homes. The insolvency issue has prompted calls for stronger government in..

Karnataka Section of Expressway Nears Completion

The 71 km Karnataka section of the Bengaluru-Chennai Expressway is expected to be completed within the next month, marking a major milestone in the project’s progress. The expressway, one of South India's most anticipated infrastructure projects, is designed to significantly reduce travel time between the two major cities, offering a faster and more efficient route for commuters and goods transportation. This section, once operational, will contribute to the overall connectivity and economic growth of the region. The expressway spans a total of 262 km, with various sections under different s..