Islamabad, July 1 (IANS) The Human Rights Council (HRC) of Pakistan has expressed serious concern over the tragic roof collapse at a private tuition centre in Lahore’s Kahna area, which claimed the lives of 14 children and left several others injured.The incident occurred on Tuesday when the roof of a private tuition academy collapsed, killing at least 14 children and injuring several others, local media reported, citing officials.Confirming the death toll, Punjab province Health Minister Khawaj…
Latest construction News & Updates
Seoul, June 25 (IANS) South Korea’s business sentiment worsened for the first time in three months in June on sluggish construction and travel sectors, a central bank survey showed on Thursday.The Composite Business Sentiment Index (CBSI) for all industries stood at 97.7 in June, down 1.2 points from a 3 1/2-year high of 98.9 in May, according to data from the Bank of Korea (BOK).It marked the first on-month decline since March, reports Yonhap news agency.The index measures corporate outlooks on…
New Delhi, June 19 (IANS) Capacity utilisation in India’s cement industry is expected to remain stable at around 70-71 per cent in FY27, a report said on Friday.While the cement industry is estimated to have grown around 6.5-7.5 per cent in FY26 and demand is expected to grow around 5 per cent in FY27, the pace of capacity creation is expected to keep utilisation levels broadly stable across the sector, the report from Equirus Securities said.Higher capacity utilisation is expected in northern a…
Mumbai, June 9 (IANS) India has emerged as the second-largest single country contributor to global construction growth between 2020 and 2030, according to a new report released on Tuesday.The report from Foundamental, a Berlin-based venture capital firm, said that India and China together account for nearly 40 per cent of global construction growth over the period.Global capital expenditure is becoming increasingly concentrated in five countries: India, China, the United States, Germany and Fran…
Bengaluru, June 9 (IANS) India is projected to see average salary increments of 8.6 per cent to 10.2 per cent in FY27, underpinned by sustained demand for skilled and execution-focused talent, a report showed on Tuesday.TeamLease Services’ latest report highlights a stable yet differentiated salary outlook across industries this fiscal. High-growth industries are expected to register salary increments in the range of 9.6 per cent to 10.2 per cent, led by EV and EV Infrastructure, FinTech, Heal…
Washington, June 6 (IANS) President Donald Trump has hailed stronger-than-expected US jobs growth in May, saying the latest employment figures showed the economy was outperforming forecasts despite ongoing tensions with Iran. Speaking at an agriculture roundtable in Chippewa Falls, Wisconsin, on Friday (local time), Trump said the US economy added 172,000 jobs in May.”For the third month in a row, the jobs numbers … smashed all expectations,” Trump said.He said economists had projected far few…
New Delhi, June 5 (IANS) India’s GDP growth was estimated at a robust 7.8 per cent in the January-March quarter (Q4) of 2025-26, as result of which the growth rate for the full financial year works out to 7.7 per cent on the back of a strong performance of the agriculture, construction, and services sectors, data released by the Ministry of Statistics on Friday showed. The secondary sector recorded a strong 8.8 per cent growth while the tertiary sector grew by 9.9 per cent, according to the offi…
New Delhi, May 26 (IANS) A joint seminar held in Tokyo brought together Japanese policymakers, industry leaders and Indian officials to discuss long‑term cooperation of both countries on skilled workforce mobility and human resource development, an official statement said on Tuesday.The event was organised by the Embassy of India in Japan, and ASEAN ONE Co. Ltd, Japan, which drew 250 representatives from leading Japanese companies, academic institutions and workforce mobility stakeholders to e…
Mumbai, May 17 (IANS) RPG Group infrastructure EPC major KEC International has reported a sharp decline in its fourth-quarter earnings, with net profit falling 28 per cent year-on-year (YoY).The Mumbai-based infrastructure engineering and construction company posted a consolidated net profit of Rs 193 crore for Q4 FY26, compared to Rs 268 crore in the corresponding quarter last financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations also declined during the quart…
New Delhi, April 22 (IANS) The government will hold an Open House in the national capital on April 27 to discuss issues related to import of steel amid the global tensions.The Ministry of Steel said that companies and associations may present their issues related to above subjects in the Open House. “The Open House will be conducted from 11:00 am to 5:00 pm and specific time slots will be indicated via e-mail. Walk-ins will not be possible due to logistic challenges and only one representative…