In H1 2024, Chennai and Delhi NCR each saw more than 3 million square feet of leasing demand, with the 3PL segment driving this demand, accounting for a 36 per cent share, followed by significant contributions from the engineering and FMCG segments
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The NFMS, a flagship initiative by the Ministry of Power, offers detailed, real-time data on power supply, outages, and the overall health of approximately 2.5 lakh (250,000) 11 KV outgoing feeders nationwide
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The reduction in customs duty has made gold more affordable, driving increased footfall in jewellery stores
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ISMA has committed to collaborating closely with the government to ensure the swift implementation of the bio-refinery plan. This initiative is expected to set new industry benchmarks and enhance India’s energy security
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On Tuesday, the government amended Section 28DA of the Customs Act, 1962, replacing the term ‘certificate’ of origin with ‘proof’ of origin
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In line with the Atmanirbhar Bharat initiative, BSNL has placed a purchase order for 1 lakh 4G sites to deploy indigenous 4G technology, with the equipment being upgradable to 5G
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Industry experts believe that the budget's strategic focus on enhancing the country's infrastructure and creating new job opportunities will play a crucial role in boosting consumer confidence and driving demand across various sectors
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The finance minister announced the reduction of customs duties on gold and silver to 6 per cent and on platinum to 6.4 per cent, a move aimed at enhancing domestic value addition in gold and precious metal jewellery
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The budget's comprehensive approach to bolstering digital commerce, fostering innovation, and enhancing economic growth has been lauded by key stakeholders
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The logistics sector is optimistic about the potential impact of the Union Budget 2024. The comprehensive focus on infrastructure development, digitalisation, and skill enhancement is expected to drive growth, improve operational efficiencies, and position India as a global logistics hub
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