INFRASTRUCTURE
Indian exporters likely to be hit by container shortage...
- Sep 16, 2024
Indian exporters may face yet another round of container shortages, compounded by already soaring freight costs. The imminent scarcity comes amid...
Over Rs 33,700-crore metro, airport projects get the Union...
- Aug 17, 2024
The Union Cabinet has approved expansion of metro corridors in Bengaluru, Pune and Thane and construction of new terminals at the airports in Bihta...
India set to line up Rs 9,000 crore for 12 hydropower...
- Jul 10, 2024
India plans to spend $1 billion to expedite construction of 12 hydropower stations in Arunachal Pradesh, two government sources have said. The...
Rs 76,200-cr Vadhavan port gets Cabinet nod, to be among...
- Jun 20, 2024
The Union Cabinet on Wednesday approved the development of a Rs 76,200-crore, all-weather, greenfield, deep-draft major port in Vadhavan in...
India stares at highest power deficit in 14 years in June...
- May 11, 2024
India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation, the government has said. Stepping up...
Core sector grows slower by 5.2% in March s against 7.1% in...
- May 01, 2024
Eight core sectors posted growth of 5.2 per cent in March, according to data released by the Ministry of Commerce and Industry on Tuesday.Though the...
Bangalore international airport clocks highest-ever...
- Apr 17, 2024
With 3.75 crore passengers and 4,39,524 tonnes of cargo passing through its terminals in 2023-24, Kempegowda International Airport witnessed the...
India’s very low computing infrastructure hampering...
- Mar 19, 2024
India’s computing infrastructure is less than 2 per cent of global capacity, which is a limiting factor in its contribution to research that...
Prime Minister Narendra Modi flags off India’s first...
- Mar 07, 2024
Prime Minister Narendra Modi on Wednesday inaugurated India’s first metro line “under any mighty river” in Kolkata. This is a landmark project,...
Coal-based power generation rises by 10.13% in...
- Jan 24, 2024
The country’s coal-fired power generation showed significant growth of nearly 10.13 per cent from April to December 2023 compared to that of the...
New jewellery park will help achieve $75-billion export...
- Jan 11, 2024
Gem and jewellery industry belonged to Mumbai as Mumbai accounted for 72 per cent of the annual $37 billion of exports, said Maharashtra Deputy Chief...
Core sector growth slows by 7.8% q-o-q, hit by low...
- Dec 30, 2023
Growth in production of eight key infrastructure sectors slowed to a six-month low of 7.8 per cent in November due to a decline in output of crude...
Prime Minister Narendra Modi inaugurates Surat Diamond...
- Dec 18, 2023
Prime Minister Narendra Modi on Sunday inaugurated the Surat Diamond Bourse, the world’s largest and modern centre for international diamond and...
Kandla, Paradip, Tuticorin picked to develop as hubs for...
- Oct 03, 2023
In a move to expedite India’s goal of becoming a significant player in the global hydrogen market, the Ministry of Shipping and Ports has...
Top-class cruise terminal coming up in Varanasi to boost...
- Sep 27, 2023
Union Minister Sarbananda Sonowal on Tuesday said that the government was planning to construct a world-class cruise terminal in Varanasi for...
PM Modi announces India-Middle East-Europe mega economic...
- Sep 10, 2023
Prime Minister Narendra Modi on Saturday announced launch of India-Middle East-Europe mega economic corridor. The project includes India, the UAE,...
Union Cabinet’s nod for Rs 32,000-crore projects of...
- Aug 17, 2023
The Union Cabinet, presided over by Prime Minister Narendra Modi, has given the green light to seven multi-tracking projects, marking an investment...
PM Modi lays foundation stone for redevelopment of 508...
- Aug 07, 2023
Prime Minister Narendra Modi on Sunday laid the foundation stone for redevelopment of 508 railway stations across the country virtually. The...
Eight-segment core sector growth in June 2023 slows down...
- Aug 01, 2023
Growth of eight key infrastructure sectors slowed down to 8.2 per cent in June 2023 compared to the year-ago month due to a decline in production of...
World Bank’s $255.5-million loan to improve technical...
- Jun 25, 2023
The World Bank has approved a $255.5-million loan for improving the quality of technical education in government-run institutions in India. Over the...
Import clearance time drops by 11% for air cargo complexes,...
- Jun 16, 2023
Average time taken for Customs clearance of imports has dropped by 11 per cent at air cargo complexes and 9 per cent across seaports, a Central Board...
Two-decade-old, mega hydro-project Subansiri Lower set to...
- Jun 14, 2023
India is close to starting a mega hydropower project that has been in the works for 20 years, a key step in the country’s energy...
384 infrastructure projects suffer cost overrun of Rs 4.66...
- May 29, 2023
Some 384 infrastructure projects were hit by cost overruns in the January-March quarter, while their individual estimated cost was hovering around Rs...
Indian Railways clocks 25% rise in FY23 revenue at Rs 2.40...
- Apr 18, 2023
Indian Railways on Monday posted a 25 per cent growth in its revenues to Rs 2.40 lakh crore for the financial year 2022-23 (FY23). This jump in...
New natural gas pricing formula gets nod; gas price to be...
- Apr 07, 2023
The Union Cabinet on Thursday approved a new formula for pricing of natural gas and imposed cap or ceiling price to rein in runaway prices of CNG and...
Rapid solar energy addition cannot avert likely surge in...
- Mar 09, 2023
India faces a high risk of night-time power cuts this summer and in coming years as delays in adding new coal-fired and hydropower capacity could...
Booming retail market buoys realty, 25 million sq ft of...
- Feb 23, 2023
Driven largely by rising consumption, rebound in Indian retail market had been exemplary in 2022 and was impacting retail real estate across the...
Civil Aviation Ministry lists out measures to ease...
- Dec 20, 2022
The Civil Aviation Ministry said on Monday that various steps, including opening of two additional entry gates for passengers and deployment of...
Indian house prices bullish contrary to a subdued market in...
- Dec 06, 2022
House prices in the country will rise steadily in the next few years roughly in line with overall economic growth, with low chances of a significant...
Green push apart, India compelled to opt for coal as the...
- Nov 14, 2022
Despite India being bullish on green energy options, as it aims to achieve net-zero emissions by 2070, the geopolitical situation triggered by the...
Road sector has highest number of delayed projects at 262,...
- Oct 31, 2022
The road transport and highways sector has the maximum number of delayed projects at 262, followed by railways at 115 and the petroleum sector at 89,...
Urbanisation, industrialisation may push India’s energy...
- Oct 28, 2022
India was likely to see the world’s biggest rise in energy demand this decade. The demand, which would climb by 3 per cent annually, would be...
National Logistics Policy aims to slash logistical cost...
- Sep 24, 2022
India ultimately has a National Logistics Policy (NLP). Although the $200-billion logistics business sector has been crying for a robust policy for...
Prime Minister launches National Logistics Policy to...
- Sep 18, 2022
Prime Minister Narendra Modi launched National Logistics Policy in New Delhi on Saturday. Mr Modi said that the reform addressed challenges related...
India’s thermal coal imports now just a few million...
- Sep 15, 2022
India is fast catching up with China in its thermal coal imports, as the world’s two biggest overseas buyers of the power generation fuel adjust...
Longest, heaviest freight train, laden with coal, completes...
- Aug 17, 2022
Indian Railways conducted a test run of the 3.5-km-long freight train, Super Vasuki, with 295 loaded wagons carrying over 27,000 tonnes of coal...
All About Right Connectivity: iShakti brainstorms on Right...
- Aug 10, 2022
A life without quality connectivity is unfathomable in today’s life. Therefore, in its essence, if not in strictly legal sense, quality...
A 5G Boost For Telecom: The success of auction seems to...
- Aug 06, 2022
India’s biggest-ever auction of 5G telecom spectrum has ended on a bullish note. The auction came to an end after 40 rounds of bidding spanning...
$10-billion tender for 50,000 electric buses in the works...
- Jul 20, 2022
State-controlled Convergence Energy Services (CESL) is planning a $10-billion tender for 50,000 electric buses that will drive India’s plans to...
Reforms, like RERA & GST, set to boost housing sector...
- Jul 04, 2022
Domestic housing sector is set to grow for the next five years after a lull of several years. Housing finance companies are well poised to tap this...
Government orders gencos to buy rakes to ease coal supply...
- Jun 20, 2022
The government has directed power generation companies (gencos) to buy rakes for captive use, a move which will ensure smooth supplies of coal during...
Union Cabinet’s nod for 5G spectrum auction likely to be...
- Jun 16, 2022
The Union Cabinet on Wednesday gave its nod to conduct 5G spectrum auction for telecom services and do away with upfront payment for airwaves. The...
Rising interest rate set to dent homebuyers’...
- Jun 14, 2022
Real estate sector has been on a strong recovery path after surviving the worst of the pandemic. Annual residential sales in 2021 have reached within...
Green Open Access Rules set to speed up renewable energy...
- Jun 08, 2022
The government on Tuesday notified Green Open Access Rules, 2022, to further accelerate India’s renewable energy programme. These rules were...
Be prepared for blackouts across India amid rising power...
- Apr 17, 2022
India faces a persistent shortage of electricity over the next four months as rapid demand growth from air conditioners and refrigeration loads...
Bullet train trials in Gujarat to be held at a speed of 350...
- Apr 14, 2022
Trials of bullet train would be conducted at a speed of 350 km per hour (kmph), comparable to the take-off speed of airplanes, officials said on...
TRAI slashes prices of spectrum in various bands, including...
- Apr 11, 2022
The Telecom Regulatory Authority of India (TRAI) on Monday recommended about 39 per cent reduction in the reserve or floor price for sale of spectrum...
No policy at the Centre to privatise Indian Railways; focus...
- Apr 10, 2022
Union Railways Minister Ashwini Vaishnaw on Saturday reiterated that the Centre had no policy to privatise the national transporter and emphasised...
Builders set to raise housing prices as rising construction...
- Mar 30, 2022
Over the last one year, developers’ average cost of construction has risen by 10 to 12 per cent, owing to higher input cost due to supply-side...
Government expands definition of real estate under FDI...
- Mar 14, 2022
The government on Monday widened the meaning of real estate business under the foreign direct investment (FDI) policy. It now includes dealing in...
79 power sector norms eased by government in 2021 to...
- Mar 12, 2022
The government in 2021 eased 79 “burdensome” compliances of the power sector under the Ease of Doing Business-Reducing Compliance Burden...
India's green energy capacity addition surges by 80% to 3.4...
- Feb 11, 2022
India's renewable energy capacity addition increased by 80 per cent to 3.4 gigawatts (gw) during the December 2021 quarter compared to a year ago,...
On closer analysis, Union Budget’s much-touted FY23 capex...
- Feb 10, 2022
Amid FY23 Union Budget’s focus on investments, leading domestic credit rating agency CRISIL on Wednesday said that the capital expenditure (capex)...
A new scheme in the works to raise public funds for road...
- Dec 16, 2021
The government was working on a scheme to raise funds from the public at 6 per cent annual interest rate for road infrastructure projects, Union...
Tata Projects, L&T and four other companies in the fray for...
- Nov 24, 2021
Six infrastructure companies, including Tata Projects and L&T, had submitted technical bids to construct the Executive Enclave that would house...
Power plants reel under coal shortage; tariffs may shoot up...
- Sep 27, 2021
India’s massive fleet of coal-based power plants are running dangerously low on stockpiles, which may force the nation to buy expensive shipments...
First dwarf container train from JNPT flagged-off; to...
- Sep 20, 2021
Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal, virtually flagged-off the dwarf container train service from Jawaharlal...
With about Rs 40,000 crore of highway projects, NHAI to...
- Aug 27, 2021
National Highways Authority of India (NHAI) will be the flag-bearer of the government’s asset-monetisation programme with a plan to raise about Rs...
Rs 6-lakh crore National Monetisation Pipeline launched,...
- Aug 23, 2021
Finance Minister Nirmala Sitharaman on Monday launched the National Monetisation Pipeline (NMP) worth Rs 6 lakh crore. The NMP comprises a four-year...
Draft rules on green energy open access out, green hydrogen...
- Aug 16, 2021
The Power Ministry on Monday circulated Draft Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2021. The ministry has...
2,781 projects worth Rs 48,150 crore completed under Smart...
- Aug 11, 2021
The government said on Wednesday that 2,781 projects worth Rs 48,150 crore had been completed under the Smart Cities Mission. The goal of the mission...
Indian Railways chugs on green track, calls bids for...
- Aug 07, 2021
Indian Railways has begun work on hydrogen-powered trains. According to an official statement, it has invited bids for hydrogen fuel cell-based...
CESL & HPCL join hands to set up EV charging points across...
- Jul 31, 2021
Convergence Energy Services (CESL) has signed an agreement with Hindustan Petroleum Corporation (HPCL) for setting up of electric vehicle (EV)...
InvITs and REITs set to monetise over Rs 3.5 lakh crore of...
- Jun 10, 2021
Over Rs 3.5 lakh crore worth of assets are likely to get monetised through InvITs (Infrastructure Investment Trusts) and REITs (Real Estate...
India can save logistics fuel worth Rs 311 lakh crore...
- Jun 09, 2021
Due to the rising demand for goods and services, freight transport demand is expected to grow rapidly in the future. While freight transport is...
EDF submits offer to build six reactors for 9,900-mw...
- Apr 24, 2021
Energy company EDF on Friday said that it had submitted a binding techno-commercial offer to Nuclear Power Corporation of India (NPCIL) for building...
Indian railways builds gigantic steel arch over Chenab...
- Apr 06, 2021
Indian Railways has achieved a major milestone by completing the arch of the Chenab Bridge – the world’s highest railway bridge. The 5.6-metre...
A promising start to the REIT market seems to have...
- Mar 19, 2021
In February this year, Brookfield India Real Estate Trust’s real estate investment trust (REIT) listed on the Bombay Stock Exchange (BSE) at...
Toll booths across India to be scrapped in a year, toll to...
- Mar 18, 2021
Union Minister of Road Transport and Highways Nitin Gadkari said on Thursday that India will do away with toll booths within a year and instead...
India slips by 13 slots to 56th rank in Knight Frank’s...
- Mar 18, 2021
India has moved down 13 spots in the latest global home price index to finish last at the 56th rank in the quarter ended December 2020. India saw...
Union Cabinet nod for DFI, initially to be fully owned by...
- Mar 16, 2021
The Union Cabinet on Tuesday approved a Bill to set up a Development Finance Institution (DFI) to generate funds for investment in the...
Infrastructure-driven economic revival laudable but strewn...
- Feb 22, 2021
The government has placed large bets on infrastructure to revive the battered economy. In fact, infrastructure occupies a place of pride in the...
Govt operationalising 100 unserved airports and opening up...
- Feb 08, 2021
Union Civil Aviation Minister Hardeep Singh Puri has revealed that his ministry has set a target of operationalising 100 unserved and...
Road construction touches record 30 km per day: Nitin...
- Feb 06, 2021
Road construction has touched a record 30 km per day, Union Road Transport and Highways Minister Nitin Gadkari has told Lok Sabha. Responding...
BEML unveils driverless metro train
- Jan 23, 2021
Union Defence Minister Rajnath Singh recently unveiled driverless metro cars for Mumbai Metropolitan Region Development Authority (MMRDA),...
High reserve price likely to mar upcoming spectrum auction
- Jan 20, 2021
After four years, the government is venturing into auction of spectrum once again. A total of 2,251.25 mhz are being offered at a reserve price of...
Indian Railway Finance Corporation's Rs 4,600 cr IPO
- Jan 18, 2021
The Rs 4,633 crore initial public offer (IPO) of Indian Railway Finance Corporation (IRFC) has opened today and will be available for...
AAI's Chennai Airport gearing up for a spectacular makeover
- Jan 13, 2021
Chennai Airport is the fourth biggest airport in India in terms of passenger handled every year. The airport has been witnessing tremendous...
Shapoorji lowest bidder for Rajpath project
- Jan 08, 2021
Shapoorji Pallonji and Company has emerged as the lowest bidder for the Central Vista Avenue and Rajpath redevelopment project, quoting Rs 477.08...
Big push for dedicated freight corridors
- Jan 04, 2021
Prime Minister Narendra Modi virtually inaugurated the 306-km-long Madar-Rewari section of Western Dedicated Freight Corridor recently. The New...
Govt to invest $60 bn in gas infrastructure
- Dec 31, 2020
Union Petroleum Minister Dharmendra Pradhan has said that the government has planned a $60-billion investment for creating gas infrastructure in...
