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India is the only country among the world's top five steel producing nations to post a growth in steel production during April this year, according to figures compiled by the World Steel Association. India, the second-largest steel producer in the world produced 12.1 million tonnes of steel, whic...

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

India is the only country among the world's top five steel producing nations to post a growth in steel production during April this year, according to figures compiled by the World Steel Association. India, the second-largest steel producer in the world produced 12.1 million tonnes of steel, which represented a 3.6 per cent increase over the same month of the previous year.  According to economists, the growth in India's steel production reflects the higher level of economic activity taking place in the economy. Large infrastructure projects in the road, rail and ports sectors that are being implemented by the government to push growth and create employment in the country use large quantities of steel as an input. India has emerged as a bright spot amid the global slowdown and the steel sector is a reflection of this.CNH Capital, the financial services division of CNH has launched its CSR Project: ‘Mission Education’, to enhance the educational experience of schoolchildren in Nangli Umarpur village in Gurugram. As part of this initiative, the project will support 240 children studying in primary up to fifth standard. Mission Education initiative will source teaching materials and set up a foundational literacy and numeracy lab. CNH’s New Holland brand started the ‘Mission Education’ project in 2016 and till date it has benefitted 270 children.To bridge the digital generation gap, Atria Convergence Technologies (ACT) Fibernet has unveiled its Senior Citizen Programme to simplify digital experiences for the elderly. Under this free-of-cost programme, the teams help senior citizens with tasks ranging from setting up the Smart TV to app configuration, arranging Skype calls, online shopping and booking medical consultations, etc. 

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Real Estate

Housing sales up 5% to 87,108 units across 8 cities in Q2 FY25: Report

Housing sales experienced a 5 per cent annual increase during the July-September period, reaching 87,108 units across eight major cities, driven by strong demand for premium homes, according to a report by Knight Frank India. The real estate consultant released its 'India Real Estate' report for the third quarter of the 2024 calendar year during a webinar, highlighting a moderate rise in housing sales, which contrasted with data from Anarock and PropEquity that indicated a decline in total sales across major cities during the same period. The report mentioned that the residential market had s..

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Infrastructure Urban

Telangana HC grants bail to Nizampet commissioner in HYDRAA case

Justice Juvvadi Sridevi of the Telangana High Court granted anticipatory bail to Municipal Commissioner P Ramakrishna Rao, who had been charged by the Cyberabad police following a complaint from HYDRAA. The complaint alleged that Rao had granted building permissions within the buffer zone of Errakunta Pond in Bachupally, under the Nizampet municipality. The judge concurred with the argument made by the Municipal Commissioners Association, which stated that the TG b-PASS system had bypassed the municipal commissioners, assigning the responsibility of approving or rejecting building permissions..

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Real Estate

NRI duped of Rs 30.6 million by Hyderabad real estate company

A Non-Resident Indian (NRI) from Nigeria lost Rs 30.6 million after being lured by a real estate firm that promised to provide him land in Kondapur, where a popular Tollywood hero served as the brand ambassador. After collecting the payment, the accused promised to register the property but ultimately deceived the businessman by making him wait at the sub-registrar's office without showing up. The victim approached the Cyberabad police and filed a criminal case against the proprietor of the real estate company. The complainant had been in search of land with potential for appreciation during ..

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