A coconut vendor waits for customers on a pavement in Hyderabad, India, on Saturday. Associated Press
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.
High-intensity focus on making India a global manufacturing hub has caused warehousing clusters to expand rapidly beyond the top cities and into Tier 2 and 3 cities, according to ‘Indian Industrial & Logistics Gearing Up a Global Manufacturing Hub’,
Laying the foundation for the next 50 years may seem like a daunting task at first sight, but it is not a goal that is impossible to achieve and the Rulers know that full well. In fact, the word impossible does not exist in the UAE dictionary.
President Joe Biden hosted a summit meeting on Friday that could turn out to be a watershed — but if you weren’t watching, you might have missed it.
Come visit the Maldives, its president entreated the world at this year’s United Nations General Assembly, moments before switching to an impassioned plea for help combating climate change.
Two more beaches in India have been accorded the coveted international eco-label ‘Blue Flag’ — Kovalam in Tamil Nadu and Eden in Puducherry — taking the total number of such beaches in the country to 10, the Indian Environment Ministry said last week.