Industrial-logistics space demand hit record this year at 76.5 million sq ft in 24 major cities

NEW DELHI: Demand for industrial and logistics spaces hit an all-time high this year, with leasing volumes rising nearly 19 per cent to 76.5 million square feet across 24 major cities in India, according to Savills.Real estate consultant Savills India data showed that the manufacturing sector took on lease 29 per cent of spaces, followed […]

Economy

Indian commercial vehicle industry poised for upcycle as replacement demand builds: Nomura

The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura. The report highlighted that improving industry fundamentals […]

Indian commercial vehicle industry poised for upcycle as replacement demand builds: Nomura

The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.The report highlighted that improving industry fundamentals are […]

Economy

IndiGo says fully prepared to cater to holiday season traffic demand

The country’s largest airline IndiGo, which faced massive operational disruptions earlier this month, on Wednesday said it is fully prepared to cater to the demand during the holiday season. The airline, which has reduced its winter schedule by 10 per cent following the civil aviation ministry’s directive in the wake of the disruptions, also said […]

Economy

Eggflation hits hard as price of the protein soars on supply crunch and higher demand

The monthly index crossed the ₹700 per 100 eggs mark in major cities such as Delhi, Mumbai, and Kolkata | Photo Credit: RAGU R It’s ‘eggflation’ and how! Cracking under supply shortfall and seasonal demand pressure, especially in the cold North, egg prices are skyrocketing. Consumers are paying ₹10 per piece in some pockets of […]

India’s top seven cities lease over 55 mn sq ft of office space in 2025, up by 10% yoy on GCC-led demand

India’s top seven cities leased nearly 55.16 million sq ft (msf) in 2025, a 10% year-on-year increase from approximately 49.95 msf in 2024, despite headwinds such as IT sector layoffs and global tariff tensions, according to a report by ANAROCK. India’s top seven cities leased about 55.16 msf of office space in 2025, up 10% […]

Economy

Union Budget FY27 to support growth via domestic demand, says EY

The Union Budget for 2026-27 is expected to reinforce economic growth by supporting strong domestic demand through targeted fiscal measures, complementing the RBI’s growth-oriented monetary policy, according to EY Economy Watch. The Union Budget for 2026-27 may reinforce growth by backing strong domestic demand through targeted fiscal support, complementing the RBI’s growth-oriented monetary stance, the […]

Economy

India’s green hydrogen market faces demand uncertainty despite strong investor interest

Even as India’s pledged green hydrogen capacity is nearing 12 million tonnes per annum, there are concerns about how much of this capacity will materialise, besides finding reliable and long term buyers. The Institute for Energy Economics and Financial Analysis (IEEFA) in a recent briefing note pointed out that India has currently 158 green hydrogen projects […]

UltraTech Cement Faces ₹782.2 Crore GST Demand Notice: Legal Fight Ahead, ETCFO

UltraTech is the country’s leading cement maker, with a capacity nearing 200 million tonnes per annum. UltraTech Cement on Saturday said it has received a GST demand notice for a total payment of ₹782.2 crore, which it plans to contest before the appropriate forum. “The Company is reviewing the Order, considering all legal options, and […]