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The EU's CBAM could levy up to $397/tonne on Indian steel exports due to high carbon intensity. India’s steelmakers are investing in green tech, but decarbonization efforts lag EU standards. More
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The recent 3.2% rupee depreciation has increased currency risks for clean energy investments, making foreign investors wary. India must adopt hedging strategies to meet green energy goals and attract FDI. More
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A UP government panel led by Amitabh Kant recommends a waiver on interest and penal interest to revive stalled Noida real estate projects. The move reduces dues by ₹182 crore and helps expedite homebuyer deliveries. More
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Macrotech Developers accuses HoABL of misusing the “Lodha” brand using forged documents. Amid the Bombay High Court’s call for resolution, Abhishek Lodha steps back from a legal committee. HoABL denies the allegations. More
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JNPA records 7.5% growth in cargo throughput, reaching 92.28 million tonnes. With BMCT Phase 2 completing by April 2025 and the Dedicated Freight Corridor on track, JNPA is poised to become India’s largest container port. More
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BW LPG India expands its Indian-flagged VLGC fleet to nine vessels, supporting India’s 4–6% annual LPG demand growth. The acquisition enhances cost efficiency and boosts domestic import capabilities. More
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India becomes the world’s second-largest railway freight carrier with 1.61 billion tonnes loaded. Revenue hits ₹2.62 lakh crore; coal transport leads growth. Focus remains on affordability and reliability. More
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Under PMLA, ED attaches Gurugram properties linked to SBPL projects after ₹520 crore fraud allegations involving over 950 homebuyers. Funds were allegedly diverted to group companies. More
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Maharashtra sees an average 3.59% hike in property tax ready reckoner rates. Developers warn of rising construction costs impacting affordable housing and buyer sentiment. More
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The Enforcement Directorate (ED) attaches assets worth ₹44 crore of builder Lalit Tekchandani and associates in a money-laundering case, including properties in Dubai, Mumbai, Pune, and fixed deposits. More
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The Allahabad High Court directs YEIDA to form a committee to complete stalled housing projects by Jaypee Associates Limited (JAL) along the Yamuna Expressway, ensuring properties for 4,600 stranded homebuyers at original prices. More
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Prime Minister Modi inaugurates 100% electrification of Chhattisgarh’s Broad Gauge rail network, advancing India’s Net Zero Carbon Emission target by 2030. Seven railway projects and a MEMU train service were launched. More
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BW LPG India acquires two VLGCs for $150 million, expanding its fleet to nine vessels and solidifying its position as India’s largest owner of Indian-flagged VLGCs. More
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A 7,687 sq ft apartment in Mumbai’s Palais Royale sold at ₹1.17 lakh per sq ft, among India’s costliest deals. The project, stalled for a decade, is now nearing completion. More
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Jaypee Associates Ltd (JAL) is undergoing insolvency proceedings, with the Adani Group expressing interest in its acquisition. More
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Japan’s UTOC Corporation will acquire a 30% stake in Delta Global Allied Ltd, expanding its presence in India’s infrastructure sector. More
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PMKSY-AIBP will extend the Eastern Kosi Main Canal to irrigate 2.1 lakh hectares in Bihar, utilizing surplus Kosi River water by 2029. More
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AIS's new float glass plant in Rajasthan will use solar energy and green hydrogen, reducing CO₂ emissions by 1,250 tons annually. More
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India’s aircraft leasing hub at GIFT City has leased 200 planes, reducing leasing costs and boosting aviation growth, Civil Aviation Minister Ram Mohan Naidu announced. More
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JICA has signed six loan agreements worth ₹11,181 crore with India to support metro expansion, water management, biodiversity, and economic development. More
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PM Modi to inaugurate the first Vande Bharat Express from Katra to Baramulla on April 19, enhancing Kashmir’s rail connectivity and economic growth. More
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NCLAT allows Lucknow Development Authority to join Ansal Group’s insolvency case, strengthening homebuyer interests amid ₹4,500 crore liability claims. More
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Mumbai's slum redevelopment aims to revitalize 228 stalled projects, resettling 2.8-3 lakh households annually to support the region's $1 trillion economy goal. More
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Six Japanese firms partner with ACME Group to invest in Odisha’s green ammonia plant, producing 400,000 tonnes annually for Japan’s clean energy goals. More
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Alstom delivers its 500th WAG12B locomotive to Indian Railways under a €3.5B contract, enhancing freight efficiency with 12,000 HP power and 90% localisation. More
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Damen partners with Yeoman Marine to build tugboats in India, challenging Robert Allan Ltd. This supports India's Green Tug Transition Programme and Aatmanirbhar Bharat. More
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Brookfield’s Moon Holdings acquires a majority stake in Mumbai’s Powai land SPVs, investing ₹600 crore to develop Grade-A office properties under an MMRDA project. More
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Citigroup leases 7.7 lakh sq ft at Pune’s Panchshil Business Hub in a ₹1,100 crore deal, marking India’s largest office space transaction of 2024. More
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Sebi has put We Work India’s IPO on hold. The company planned a 4.3 crore share OFS, with Embassy Buildcon and Ariel Way Tenant as key sellers. More
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Over 1 million households adopted solar under PM Surya Ghar Yojana, adding 3 GW capacity. Govt targets 20 lakh solar homes by October 2025. More
