Mumbai, Feb 5 (IANS) The warehousing stock in India reached 610 million square feet in 2025, and more than half of this was premium Grade A space, a report showed on Thursday.Institutional-backed Grade A assets now account for 38 per cent of quality stock, bringing standardised development, enhanced specifications, and attracting global occupiers, sand the JLL report. Logistics (3PL) and e-commerce lead storage demand, while light manufacturing, driven by auto, engineering and electronics, is gr…
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New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman, presenting the Budget 2026-27 in the Parliament on Sunday, announced that the government will roll out a Customs Integrated System (CIS) in two years as a single, integrated and scalable platform for all customs processes.The Finance Minister also said that the utilisation of non-intrusive scanning with advanced imaging and AI technology for risk assessment will be expanded in a phased manner, with the objective of scanning every conta…
New Delhi, Jan 16 (IANS) In a bid to strengthen India’s e-commerce and MSME sectors, the government on Friday said it has extended export incentives to postal shipments, with effect from January 15.The Central Board of Indirect Taxes and Customs (CBIC) said it has extended export-related benefits under the Duty Drawback, Remission of Duties and Taxes on Exported Products (RoDTEP) and Rebate of State and Central Taxes and Levies (RoSCTL) schemes to exports made through the postal mode in electr…
New Delhi, Jan 10 (IANS) More than half of India’s body lotion sales will happen online by 2030, according to a report on Saturday.The report by Redseer Strategy Consultants showed that masstige brands (priced at Rs 1.5-6/ml) that combine mass reach with premium appeal will gain a larger share of the market and drive more than 30 per cent of the online opportunity.It showed that stronger online play (about 30 per cent penetration) vs the overall BPC market (about 20 per cent penetration) as of…
New Delhi, Dec 31 (IANS) Union Commerce and Industry Minister Piyush Goyal on Wednesday said that the Open Network for Digital Commerce (ONDC) has transformed India’s e-commerce landscape over the past four years by making digital trade more open, inclusive, and accessible to all.Marking four years of Open Network for Digital Commerce, Goyal said the initiative has helped democratise e-commerce across products and services by encouraging open participation and fostering innovation and collabor…
Seoul, Dec 29 (IANS) E-commerce giant Coupang announced a compensation plan worth more than 1.68 trillion won ($1.17 billion) on Monday following a massive personal data breach.The compensation plan comes a day after Coupang founder Kim Bom-suk issued his first public apology since the incident, which affected nearly two-thirds of South Korea’s population, reports Yonhap news agency.Under the plan, the U.S.-listed company will provide 50,000 won worth of discounts and coupons to each of 33.7 mil…
Mumbai, Dec 28 (IANS) Private equity investments in India’s real estate sector stood at around $3.5 billion in 2025, a new report said on Sunday.According to a latest report by Knight Frank India, investor interest remained steady, with capital flowing into segments offering stable income and lower risk.As per the report titled ‘Trends in Private Equity Investments in India: H2 2025’, office assets continued to dominate private equity inflows during the year.Office real estate attracted 58…
New Delhi, Dec 24 (IANS) India’s industrial and logistics sector continued its strong post-pandemic growth trajectory in 2025, recording its highest-ever annual absorption of 76.5 million square feet, marking an 18.6 per cent year-on-year increase, a report showed on Wednesday.Backed by proactive government policies, the manufacturing segment has continued to be the strongest demand driver, accounting for 22 million sq. ft. (29 per cent) of total absorption in 2025 — up from 22 per cent in 20…
New Delhi, Dec 24 (IANS) With better earnings growth in FY27 and a potential trade deal with the US, a return of foreign institutional investors (FIIs) into India is expected in 2026, a report said on Wednesday.”Overall, we remain constructive on the equity markets for 2026. Nifty valuations at 20.5x 1-year forward Price-Earnings ratio (PE) are in-line with its 5-year average and at a modest premium to 10-year average”, according to the report from HSBC Mutual Fund.The fund house said it is over…
Seoul, Dec 23 (IANS) South Korea on Tuesday launched an interagency task force (TF) to carry out an investigation into the recent data breach at US e-commerce giant Coupang that affected 33.7 million users.The new TF, comprising officials from the science and labor ministries, along with the media watchdog, financial authorities, the police and the spy agency, held its first meeting on the day to investigate facts behind the breach, according to the Ministry of Science and ICT.The task force wil…