A sub-divisional magistrate (SDM) posted in Punjab's Gurdaspur has been arrested in connection with the Rs 1.63 crore embezzlement of funds linked to land acquisition for a national highway project in 2018-2019.
Torrential rains have caused widespread devastation across several Indian states, leading to at least 11 deaths in Assam and Uttarakhand, pushing rivers above danger levels, and disrupting daily life with landslides, floods, and school closures. States like Jharkhand, Uttar Pradesh, Himachal Pradesh, Delhi, West Bengal, and Jammu & Kashmir are also grappling with the monsoon fury, while Meghalaya faces an unusual rainfall deficit.
The administration has sounded a high alert in Maharajganj and Kushinagar districts of Uttar Pradesh, while stepping up the monitoring of the Gandak and other water bodies downstream of rivers in Nepal, following devastating flash floods in the neighbouring country that have killed more than 350 people and left thousands missing.
On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.
UltraTech Cement, an Aditya Birla group company, has become the world's largest cement producer outside China, surpassing 200 million tonnes per annum (mtpa) of installed capacity in India. The company plans to invest Rs 16,000 crore to reach a target capacity of 240 mtpa by the financial year 2027-28.
'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.
The New Tata Punch is a fantastic deal for first-time buyers. You get SUV capabilities and premium features like Clima Touch Automatic Temperature Control, an integrated air purifier, and rain-sensing wipers, says Rajesh Karkera.
A major accident on the Mumbai-Bengaluru highway near Pune resulted in eight fatalities and 14 injuries after a car was crushed between two container trucks, leading to a large fire. The incident occurred on the accident-prone Navale Bridge.
Among India's 150,746 railway bridges, 25.8 per cent are over a century old.
A tour bus crash near Buffalo, New York, has resulted in the death of five people, including an Indian national. The bus, carrying 54 passengers, was returning to New York City from Niagara Falls when the accident occurred.
NMIAL is spending close to Rs 18,000 crore to get the airport up and running.
Two bodies were recovered from the Manuni Khad in Kangra district while around 15-20 workers stationed at a labour colony near the Indira Priyadarshini Hydroelectric project site were feared swept away following a surge in water level in the Khaniyara Manuni Khad.
The vehicle -- a tempo traveller -- met with the accident near the Gholthir village on the Badrinath National Highway between Rudraprayag and Gauchar, they said.
The meteorological centre in Shimla issued a 'red' alert on Sunday for very heavy downpour in 10 districts of Himachal Pradesh, while services on the Shimla-Kalka rail line were suspended for hours till the debris and trees fallen on the tracks following overnight rains were removed.
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.
The EC said polling percentage in the Anantnag-Rajouri seat in Jammu and Kashmir is the highest in 40 years.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
Afreen Shah, a 20-year-old woman, was one of seven people killed in a bus accident in Mumbai's Kurla on Monday night. The bus rammed into pedestrians and vehicles on the SG Barve Road, leaving 42 others injured. The accident occurred as Afreen was waiting for an autorickshaw after her first day at a new job. Her father, Abdul Salim Shah, spoke to her last at 9:09 pm, advising her to walk towards the highway to find an autorickshaw. He received a call from Bhabha Hospital at 9:54 pm, informing him of his daughter's death. Shah has called for government action to prevent similar accidents, citing congestion due to illegal parking, hawking, and metro rail work. The bus driver has been arrested and charged with culpable homicide not amounting to murder.
Capital expenditure by 54 large central public sector enterprises and five departmental arms, having a capex minimum target of Rs 100 crore, rose 93 per cent year-on-year (YoY) in the April-May period to Rs 1.39 trillion. The National Highways Authority of India (NHAI) and the Railways have started this financial year's capex cycle on a stronger note. In the first two months of FY24, the 54 CPSEs, along with the departmental arms, achieved 19 per cent of their combined budget target of Rs 7.33 trillion, Business Standard has learnt.
'If our Budget allows, we may implement both measures -- making income up to Rs 10 lakh tax-free and introducing a 25 per cent slab for income between Rs 15 lakh and Rs 20 lakh.'
Gadkari is credited with the construction of more than 90,000 km of national highways and 30,000 km of new roads in the country in the last 10 years.
Road awards were muted in Q1FY25. But the pace will accelerate with a bidding pipeline of Rs 1.1 trillion (September 2024), mostly dominated by HAM (Hybrid Annuity Model) projects, which contribute 47 per cent and engineering procurement and construction or EPC projects, which have about 36 per cent share. Hence, infrastructure companies mostly reported revenue decline on a year-on-year (Y-o-Y) basis in Q1FY25.
Some of them include Spider G, NeuroTags, Genrobotic Innovations, AI Aeronautics, Synersense, Dealshare and NanoHealth. 'Highway to a Hundred Unicorns,' the Microsoft for startups initiative, works closely with local governments to strengthen the startup ecosystem in each state.
A BEST electric bus, traveling at a speed of 46 kmph, collided with a crowd in Kurla, Mumbai, killing seven people and injuring 42 others. The driver, Sanjay More, has been arrested for reckless driving. The accident has raised concerns about speed limits and training for drivers of automatic transmission buses.
Villpuram district in north Tamil Nadu continued to reel under unprecedented flooding on Monday following extremely heavy rainfall, virtually blocking access to villages and residential colonies as bridges and roads overflowed, inundating huge acreage of standing crops and leaving passengers stranded as rail and road traffic was hit.
33 per cent of all road accidents and 35 per cent of fatal accidents took place on national highways and expressways.
The report showed that 53 road accidents take place every hour in the country.
'Logic, Research, Science Are Modi Government's Limitations.'
'When there are no good roads and no buses plying to villages, your spending on development is skewed.'
As many as 720 roads, including four national highways, in Himachal Pradesh are blocked following snow while 2,243 transformers are disrupted.
Former cricketer Gautam Gambhir, actor Manoj Bajpayee, mountaineer Bachendri Pal, ISRO scientist Nambi Narayanan and Odisha tea seller D Prakash Rao were among the recipients of the honour.
Overall foreign inflows into the country grew by 8 per cent to $ 24.29 in the last fiscal as against $ 22.42 billion in 2012-13.
The monsoon spelt mayhem in several parts of the country on Monday, particularly Mumbai where local train services and flight operations were hit and everyday life disrupted as well as Assam that was grappling with floods yet again.
Aizawl has been cut off from the rest of the country due to a landslide on National Highway 6 at Hunthar.
An approximate voter turnout of 59.06 per cent was recorded in the sixth phase of the Lok Sabha elections on Saturday in 58 constituencies across six states and two Union territories with the polling percentage in the Jangal Mahal region of West Bengal touching 78.19.
Gogamedi, the chief of Rashtriya Rajput Karni Sena, was shot dead in Jaipur on Tuesday by unidentified bike-borne criminals.
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
The TomTom Traffic Index compares travel time during non-congested hours with travel times in peak hours experienced by passenger vehicles.
Capital expenditure (capex) by 54 large central public sector enterprises (CPSEs) and five departmental arms with an annual capex target of Rs 100 crore and above has reached around 42.5 per cent of their annual target of about Rs 7.33 trillion in this financial year so far, a senior official from the Ministry of Finance told Business Standard. "The Centre is pushing the big public undertakings in the infrastructure and refinery sector to achieve 90 per cent of their target by the end of the third quarter," he said. The capex by this group of CPSEs stands at around Rs 3.1 trillion in the April-August period so far.
