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Construction News - Latest Updates & Headlines

Foundation stone laid for school building being constructed with India's assistance in Nepal's Sunsari district

Kathmandu, March 11: The foundation stone was laid for the construction of the school building of Shree Tribhuvan Secondary School at Inaruwa Municipality, Sunsari by Gyanendra Bahadur Karki, Member of Parliament, Prasanna Shrivastava, Deputy Chief of Mission, Embassy of India, Kathmandu and Kedar Bhandari, Mayor, Inaruwa Municipality, Sunsari, the Indian Embassy noted in an official statement.

Israel rescues 10 Indian construction workers from West Bank

Tel Aviv, March 7: Israeli authorities have found 10 missing Indian construction workers in the West Bank and have brought them back to Israel, the Indian Embassy in Israel has said. The embassy said that while the matter is being investigated, it was in touch with the Israeli authorities and has requested to ensure their safety and well-being.

Police permission not required for building construction, emphasises Delhi government a day after meeting convened by Amit Shah

New Delhi, March 1: A day after Home Minister Amit Shah gave directions that permission of Delhi Police will not be required in matters related to construction in the national capital, the Delhi Government issued a circular asking the police to sensitise its field officials to remove the misconception that police permission is required for carrying out any building construction.

World Bank to establish one billion USD fund for Lebanon

Beirut, Feb 28: Lebanese Finance Minister Yassine Jaber revealed on Friday that the World Bank is working on establishing a one-billion-US dollar reconstruction fund for Lebanon as part of the ongoing efforts to support the country's economic recovery.

Israel rebuilding north after war

Tel Aviv, February 24: Israel's Ministry of Construction and Housing is working in a variety of ways to promote the construction and rehabilitation of the north, with the aim of enabling the return of evacuated northern residents to living and living environments that allow for a full life. Israel's northerners were mostly forced o relocate during the war and thee was much destruction of property from Hezbollah rocket attacks.

NBCC reports 25 pc rise in Q3 profit, announces interim dividend

Mumbai, Feb 11: Navratna public sector unit NBCC (India) Limited on Tuesday reported a 25 per cent year-on-year (YoY) increase in its consolidated net profit for the December quarter (Q3 FY25), reaching Rs 138.48 crore compared to Rs 110.74 crore in the same quarter last year (Q3 FY24).

Calcutta HC warns Bengal Police of summoning CAPF for demolition if it fails

Kolkata, Feb 10: A single-judge bench of the Calcutta High Court on Monday cautioned the Kolkata Municipal Corporation (KMC) about the possibility of summoning Central Armed Police Forces (CAPF) to demolish illegal construction in the city if the municipal authorities fail to do so with the assistance of state police.

ARCs poised to log 15 pc jump in recovery rate during 2025-26: Crisil

New Delhi, Jan 30: The cumulative recovery rate of security receipts for asset reconstruction companies (ARCs) is set to jump by up to 15 percentage points per annum, for the second straight year, touching 75-80 per cent by the next financial year, according to a Crisil Ratings report released on Thursday.