Employees wrap packages at the warehouse of an e-commerce company in New Delhi. File/Reuters
The measures announced recently in the Union Budget granting 100 per cent tax exemption on interest, dividend and capital gains income to Sovereign Wealth Funds (SWFs) investing in infrastructure, will further help boost investments in affordable housing and logistics, according to JLL research.
In what could be a key indicator of consumer demand and growing confidence, the Indian warehousing sector has shown a robust growth at 25 per cent y-o-y with the total warehousing space at 211 million sq. ft. at the end-2019 compared to 169 million sq. ft., a year ago.
The cold storage market in India is currently very fragmented and unorganised with facilities being largely setup on an ad-hoc basis. As of 2020, India has about 8,200 cold storage facilities,
United States President Joe Biden has promised that America will share the Covid-19 vaccine technologies with other countries as part of the programme to fight the pandemic as well as be ready for similar future outbreaks of epidemics at the second global
April was a cruel month for this region. Fine dust from the Sahara and Sahel enveloped us all, causing eyes to water, coughing, sneezing, and driving delicate souls indoors. Fine dust disappeared the Kyrenia and Troodos ranges in Cyprus, denied visibility
This week, we’ve heard predictions from the Met Office that the probability of surpassing 1.5C heating within five years has now jumped to 50 per cent. Temperatures are reaching 50C in parts of the world. We’ve heard reports of 195 “carbon
The Supreme Court is unravelling. The leak last week of Justice Samuel Alito’s draft opinion that would overturn the 1973 abortion-rights precedent Roe v. Wade is just part of it. The court began to leak even before the opinion (there were reports