World Bank is expected to extend $2.5 billion loans to India this fiscal, which is lower than the targeted $3 billion annually during 2004-07.
Cabinet to take up proposal to extend operation & maintenance contracts from 9 to 29 years
The United States-based software company Bentley Systems is eyeing major contracts in railways, roads, telecom, electricity, gas and water following government decision to invest over Rs 60,000 crore (Rs 600 million) in the infrastructure sector.
Implementation of the ambitious Golden Quadrilateral Road Project in Bihar was being delayed due to interference from local gangsters and contractors.
'Despite the pandemic, we aspire to maintain the momentum of last year.'
Gadkari said the NHAI was working on setting up an InvIT to monetise its projects for mobilising resources through capital markets.
The National Highways Authority of India engineer had written a letter to the PMO about the corruption in Golden Quadrilateral Project in Bihar.
Larsen & Toubro Ltd has secured a contract from National Highways Authority of India for constructing a six-lane dedicated flyover on National Highways No 1 (NH1) in Haryana at an estimated cost of Rs 418 crore.
To meet the exigencies on highways, the civil aviation ministry has suggested to the surface transport ministry to earmark space for helipads every 100 kilometres on major national highways.
Maybe Modi could ask a patriarch of the stature of the late G D Birla to flesh out the details of a new company to manage government land privatisation.
Babloo Mehtar, Uday Mallah, Mantoo Paswan and Tutoo Paswan were produced before a designated court in Patna, which remanded them to CBI custody, agency sources said.
Golden Quadrilateral to now cost Rs 35,000 crore.\n\n
The heritage Darjeeling Himalayan Railways will resume the toy train services from December from Siliguri.
Prime Minister Nawaz Sharif on Monday inaugurated five 'Pakistan-China Friendship Tunnels' built at the cost of about USD 275 million (approximately Rs 1,800 crore) to restore a strategic road link to China via Gilgit-Baltistan.
According to rickshaw puller Pradeep Kumar, the NHAI engineer's murder was a robbery bid gone awry.
A case has been registered under 120-B (criminal conspiracy), 302 (murder) of the IPC and various provisions of the Arms Act, CBI sources said.
'Like all right-thinking Indians, I am shocked and saddened by the murder of Satyendra Dubey, an upright and dedicated officer working with NHAI,' he said.
Fintech giant Paytm claimed it is selling more FASTags than all the banks put together on a daily basis.
Over the years, NHAI's expenses have spiraled due to sharp increase in land acquisition costs, while budgetary support has shrunk, leading it to fall back on internal resources and market borrowings
Among other things, the Golden Quadrilateral project will be extended from Silchar (Assam) to Kohima.
Rates on tax-free bonds are linked to government securities.
FASTag is a prepaid tag, affixed on vehicle's windscreen, that enables automatic deduction of toll charges and lets the vehicle pass through the toll plaza without stopping for the cash transaction.
MCA is a legal contract, which prescribes the terms and conditions for executing a road project.
Toll booths may be kept 50 km apart for seamless travel
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