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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...

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: 鈥楳ission Education鈥�, 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鈥檚 New Holland brand started the 鈥楳ission Education鈥� 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

Kolkata鈥檚 luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

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Infrastructure Transport

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

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Infrastructure Transport

Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..

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