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Net leasing of office space in Jan-Mar jumps over two fold to 11.55 mn sq ft on improved demand

New Delhi, Mar 31 (PTI) The net office leasing in January-March 2022 jumped over two-fold to 11.55 million square feet across seven cities on better demand from corporates and co-working operators amid significant reduction in COVID-19 infections, according to real estate consultant JLL India. Net absorption of office space stood at 5.43 million square feet [...]

NHAI plans cashless treatment facility on Golden Quadrilateral for road accident victims

New Delhi, Mar 31 (PTI) State-owned National Highways Authority of India (NHAI) is planning a cashless treatment facility for road accident victims on all four arms of the Golden Quadrilateral stretch, Parliament was informed on Thursday. In a written reply to the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said that the success of the scheme [...]

Over 37,000 accidents involving trucks or lorries occurred in 2019

New Delhi, Mar 31 (PTI) As many as 37,078 accidents involving trucks or lorries occurred in 2019, causing 13,532 deaths, Parliament was informed on Thursday. In a written reply to the Lok Sabha, the Minister of Road Transport and Highways Nitin Gadkari said that as many as 23,868 people were killed in road accidents in which impacting vehicles were trucks or lorries [...]

India supports release of oil from reserves to cool prices: Minister

New Delhi, Mar 31 (PTI) As oil prices dived on news that the US was considering record release from the reserves, India on Thursday said it supports the initiative to let out from the strategic stockpile to cool rising oil prices. Oil prices plunged on Thursday on news that the United States was considering releasing [...]