CONSTRUCTION COSTS
What’s the psychology behind people who walk away from arguments without the last word — Are they weak or wise?
Stepping away from arguments is often associated with strong psychological boundaries. These boundaries enable individuals to safeguard their mental and emotional well-being. By disengaging from toxic or one-sided exchanges, they avoid unnecessary stress and emotional exhaustion.
HDFC Bank shares fall over 1% after Q4. Jefferies, Bernstein, 3 other brokerage weigh in
HDFC Bank's shares dipped despite a 9% net profit rise to Rs 19,221 crore for the March quarter. While interest income saw a slight decline, return on assets improved. Analysts largely maintain buy or outperform ratings, citing strong deposit growth, resilient margins, and attractive valuations, though some caution on near-term growth acceleration.
No AC required: India’s 3000-year-old cooling technique can reduce heat up to 50% in your home naturally, says study
Ancient Indian communities utilized terracotta's porous nature for cooling, a practice dating back over 3,000 years to the Indus Valley Civilization. This natural evaporation process, similar to human perspiration, draws heat away. Modern architecture is reviving this by integrating terracotta pots into filler slabs, creating insulating air gaps that significantly reduce indoor temperatures and offer year-round climate balance.
Aluminium prices at record highs: What’s driving the rally and what’s next?
Aluminium prices have surged to multi-year highs, driven by strong demand, supply constraints, and rising energy costs. Geopolitical tensions and declining inventories have added volatility and a risk premium. With China’s demand robust and supply tight, the outlook remains firm, though risks from easing tensions or slowdown persist.
US backs a South Africa project to extract rare earths despite a diplomatic clash
A U.S.-backed project in South Africa aims to extract rare earth elements from industrial mining waste, a move supported by a $50 million investment to reduce reliance on China. The Phalaborwa Rare Earths Project, developed by Rainbow Rare Earths, targets critical minerals essential for high-tech products and defense systems, with extraction planned to begin in 2028.
J-K: Border areas in Rajouri see major infrastructure boost as new roads, bridges transform connectivity
The border sub-division of Nowshera in Rajouri district is witnessing a significant wave of development, particularly in road, bridge connectivity and infrastructure, bringing long-awaited relief to residents of the border areas.
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Financial resilience must include India’s credit-invisible workforce
India's strong digital finance infrastructure faces a challenge. Many informal workers lack financial resilience due to volatile incomes and limited savings. Global disruptions increase their budget stress.
Crude oil, copper, gold: The 3 commodities every beginner should track (and why they move!)
Crude oil, copper, and gold are essential for new traders to grasp global market movements. Crude oil reflects energy trends, copper signals economic growth, and gold acts as a safe haven during uncertainty. Understanding these commodities provides a strategic advantage for informed trading decisions. Their price movements impact inflation, stock markets, and everyday life.
Cement demand to be healthy in Q1FY27E; Likely to hit profitability despite price hikes: Nuvama
Indian cement demand is set for a strong start in the first quarter of FY27. Government infrastructure spending is driving growth. However, rising fuel and packaging costs are a concern. Cement companies are increasing prices to offset these expenses. The sector's performance will depend on the balance between cement prices and production costs.
Nuclear sprint for a power-hungry India
India is embracing small modular reactors for its clean energy future. These advanced nuclear units offer a stable power source, complementing renewable energy. SMRs are seen as crucial for decarbonizing heavy industries and boosting India's global standing. The nation is moving forward with this technology to meet rising energy demands and reduce fossil fuel reliance.
Aluminium and copper to stay elevated, steel risky: CLSA's top metals and cement calls for FY27
Base metals like aluminium and copper present significant opportunities, according to CLSA India's Indrajit Agarwal. Steel faces near-term downside risks. Aluminium prices are expected to rise due to supply disruptions and increasing demand. Cement sector anticipates earnings pressure now, with recovery expected later in the fiscal year. Indian producers have a cost advantage in non-ferrous metals.
Rs 1.2 lakh monthly salary, but on 1st of each month Rs 1.05 lakh already gone. Bengaluru CA explains how the tackle the problem
Earning a substantial salary does not necessarily ensure lasting financial stability. Chartered accountant Meena Goel drew attention to this idea in a thoughtful post, explaining that a high monthly income on its own is not enough to build real wealth.
FIIs grow more wary of India as FX curbs hit bonds, earnings risks haunt equities
Foreign investors face higher costs and complexity hedging against rupee swings due to India's forex rules. This, coupled with war-related earnings concerns, is impacting Indian bonds and equities. Overseas investors have sold Indian government debt and shares. Lingering currency stability worries and high oil prices are dampening sentiment.
RVNL shares jump 6% on railway order worth Rs 967 crore. Check details
Rail Vikas Nigam Limited shares climbed more than six percent on Friday. The company emerged as the lowest bidder for a significant domestic railway order valued at nearly Rs 968 crore. This EPC order from East Coast Railway involves constructing key bridges on the Bhadrak-Vizianagaram section. The project is slated for execution over three years.
Building malls now needs deeper pockets as construction costs rose 13.9%
Construction costs are rising across India. Malls have seen the biggest jump in expenses. Luxury and mid-market housing also experienced significant cost increases. Affordable housing and commercial office spaces saw moderate rises. Warehousing and manufacturing costs grew the least. Developers are focusing on efficiency and planning. India's construction market is set for substantial growth.
India-South Korea shipbuilding collaboration to receive mega boost from Presidential visit next week
South Korean President Lee Jae Myung visits India from April 19-21. The visit prioritizes shipbuilding, especially LNG tankers, under the 'Make in India' initiative. Technology transfer and scaling up production are key. Collaborations will also cover semiconductors, civil nuclear energy, and defense manufacturing. This aims to boost the Special Strategic Partnership between the two nations.
Middle East war damage to energy assets may cost up to $58 billion, research firm Rystad says
This estimate has doubled in three weeks, highlighting widespread damage before an April 8 ceasefire. Repair work will redirect existing capacity, causing project delays and global inflation beyond the region.
India to invite bids for 220 MWe Small Modular Reactor, boosting nuclear push under green energy transition
India is set to invite bids for its first 220 MWe Bharat Small Modular Reactor (BSMR-200) within six months, a significant stride in boosting nuclear energy for its green transition. Foreign firms can participate with local partners. This pilot project, costing approximately Rs 30 crore per MW, aims to pave the way for future SMR developments.
Rakha Gupta govt plans to build a 'Great Wall of Delhi' to stop Yamuna flood problem. Here is the 4.7-km grand plan
Delhi plans a 4.7-km flood wall along the Yamuna's western bank before the next monsoon. The structure aims to protect areas like Civil Lines from rising river waters. However, environmental experts warn of potential long-term ecological damage and disruption to groundwater recharge. They suggest focusing on better water system management and addressing sedimentation instead of building permanent barriers.
Himachal CM unveils Rs 1,500 support for Kinnaur women, geothermal project for Peo
Himachal Pradesh celebrated its 79th Day with enthusiasm. Chief Minister Sukhvinder Singh Sukhu announced significant welfare schemes and development projects. These include financial aid for women, geothermal heating systems, and infrastructure upgrades. The state is also focusing on border trade resumption and promoting tourism. Healthcare and education sectors are set for major reforms.
Maine to become first US state to bar major data centers
Legislators in Maine on Tuesday endorsed a moratorium on building large data centers, becoming the first US state to try and rein in rampant construction driven by the AI race. Data center construction spending in the United States has surged in recent years, with tech firms pouring tens of billions of dollars into building out infrastructure amid the race to lead in AI. The Maine law would prohibit local authorities from issuing permits for data centers with electrical capacity exceeding 20 megawatts.
PM Modi holds roadshow in Dehradun ahead of Delhi-Dehradun Economic Corridor inauguration
Prime Minister Narendra Modi inaugurated the Delhi-Dehradun Economic Corridor, a 213 km, six-lane expressway developed at over Rs 12,000 crore. The corridor features extensive wildlife protection measures, including an elevated wildlife corridor and animal passes, to minimize man-animal conflict. This project aims to boost regional economic growth and tourism by enhancing connectivity.
Agreement cannot be reached overnight, talks should continue: UNSG on West Asia war
UN chief Antonio Guterres urged continued constructive dialogue between Iran and the US following talks that concluded without a deal on the West Asia conflict. He emphasized that the ceasefire "must absolutely be preserved" and called for an end to all violations, stating there is no military solution.
The Rs 1 crore sweet spot: Prestige Group's Irfan Razack says housing demand shows no signs of letting up
India's residential real estate market is defying the gloom. Prestige Group crossed the ₹30,000 crore mark in housing sales for the full year, well ahead of its own guidance, and its chairman says the demand engine is still running hot.
India’s data centre market to reach $22 billion by 2030
India's data centre market is set for massive growth, expected to reach 22 billion dollars by 2030. This expansion is fueled by cloud computing and artificial intelligence. Significant investments are flowing into the sector, with foreign investors leading the way. Government incentives and cost advantages are making India a prime location for data infrastructure development.
Domestic Indian migrants weigh return home in energy crunch
Domestic migrants in New Delhi are considering leaving the city due to soaring black market prices for cooking gas, exacerbated by Middle East war-related energy supply chain strains. With incomes dwindling and official LPG connections unavailable, many are resorting to expensive firewood or facing impossible choices between food and work, prompting a return to their villages.
After 7 years, work restarts on India-funded Bhutan hydro project
Construction of Bhutan's Punatsangchhu-I hydropower project has restarted after a seven-year halt. India is providing financial support for the 1,200-MW project. Dam work commenced following a ceremony attended by Indian and Bhutanese ministers. The project faced delays due to technical issues and slope stabilization needs.
79% households fund construction via own income, informal loans: NSO
A recent pilot survey reveals a striking reliance on personal funds and family loans for household construction, with nearly 79% of families opting out of institutional finance. The study, covering around one crore households and 10.2 lakh enterprises, highlights materials as the dominant cost. Interestingly, rural areas showed higher access to institutional loans than urban ones.
Nitin Gadkari bats for 100% land acquisition before approving national highway projects
Union Minister Nitin Gadkari has proposed that new national highway projects should only be approved with complete land acquisition. He said land acquisition and clearances are significant challenges in road construction. Gadkari also indicated that highway assets worth Rs 15 lakh crore are available for monetisation.
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