All emerging economic and military powers require secure trade routes. Take, for example, the Suez Canal, a vital gateway for global trade. It attracts about 12-15 per cent of global trade and about 30 per cent of global container traffic, with more than $1 trillion in goods transiting annually. The blockage of the Suez Canal...
Category: ECONOMY & POLICY
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The New Power Corridor
The nations involved in the proposed IMEC collectively account for nearly half of global GDP, totalling $47 trillion. Therefore, to fully unlock the benefits of this multilateral initiative of immense geopolitical significance, they must work towards resolving security concerns and harmonising trading regulations, writes Manish Pant. Experts often refer to the proposed India-Middle East-Europe Economic...
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Collaborating Beyond Bricks and Steel
All stakeholders, including industry, government, investors, institutions, and communities, need to work together to build infrastructure that is not only functional but also resilient, inclusive, and sustainable, opines YR Nagaraja. In India, infrastructure is more than just roads, bridges, and buildings; it’s the foundation of our growth story. It determines how efficiently we live, how...
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Investments in Renewables, Roads, and Real Estate to Reach ₹17.5 Trillion by FY26: Crisil
While these investments may face regulatory delays, market fluctuations, and infrastructure bottlenecks, strong cash flows, prudent financial management, and sustained investor confidence will support stability across the three sectors. As part of the current transformations, India’s renewable energy, roads, and real estate sectors are expected to attract significant capital, according to the country’s leading ratings...
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AM/NS Injects Colour into Indian Steel Market with Optigal Launch
The launch is expected to bring the Arcelor Mittal-Nippon Steel joint venture closer to its goal of securing a 25 per cent market share in India’s colour-coated steel segment over the next few years. ArcelorMittal Nippon Steel India (AM/NS India) has launched Optigal Prime and Optigal Pinnacle, two premium colour-coated steel products under its Optigal...
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Small is Beautiful: IFFCO Reports Record Profit for Third Consecutive Year as Nano Fertiliser Sales Surge
The company has also reiterated its commitment to further integrate nanotechnology, drones, and AI-driven agricultural solutions to transform India’s agriculture and food value chain. IFFCO, the world’s leading cooperative in terms of its contribution to GDP, has reported a pre-tax profit of ₹38.11 billion for FY 2024-25, marking another year of strong financial performance. Sales...
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Operation Sindoor: Airspace Restrictions in the Age of Cross-Border Tensions
India’s decision to close its airspace during the initial phase of Operation Sindoor aligned with measures commonly taken by nations to safeguard sovereignty and protect citizens during cross-border conflicts. This approach is also rooted in the historical evolution of India-Pakistan aviation ties in the post-Partition era, write Poonam Verma Sengupta and Priyakshi Bhatnagar. India has...
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REC Limited Signs MoU with MMRDA for ₹1 Lakh Crore Investment in Mumbai Metropolitan Region (MMR)
REC Limited, a Maharatna CPSU under the Ministry of Power and a prominent NBFC, has entered into a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial support of ₹1 lakh crore for infrastructure development in the Mumbai Metropolitan Region (MMR). The agreement was formally signed by Shri. Harsh...
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NBCC CMD K.P. Mahadevaswamy Assumes Chairmanship of SCOPE
Shri K.P. Mahadevaswamy, Chairman and Managing Director of NBCC (India) Limited, has taken charge as the Chairperson of the Standing Conference of Public Enterprises (SCOPE). In the recently concluded Biennial Elections of SCOPE, Shri Mahadevaswamy secured a decisive victory. He officially assumed office on April 1, 2025, for a tenure of two years, in accordance with...
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Hindalco to be a force for good with engineered solutions transformation: Kumarmangalam Birla
The Aditya Birla Group metals flagship also pledges ₹450 billion to its aluminium, copper, and specialty alumina businesses to deliver upstream and next-generation high-precision engineered products. As businesses worldwide adapt and recharge to meet the challenges of an increasingly disruptive environment, Hindalco Industries—the metals flagship of the Aditya Birla Group—has unveiled a new brand identity,...