Both life insurance and medical insurance premiums are subject to an 18 per cent GST rate.
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.
This restoration, according to the officials, is seen as a crucial step towards initiating a healing process, reinstating constitutional rights and safeguarding the unique identity of the region's residents.
In addition to that, 68 people still remain missing, with 100 more sustaining injuries in the disaster.
The Punch.ev achieved the highest score point ever recorded by any vehicle to date, scoring 31.46 out of 32 for adult occupant protection and 45 out of 49 for child occupant protection.
33 per cent of all road accidents and 35 per cent of fatal accidents took place on national highways and expressways.
Union minister Nitin Gadkari has said if stainless steel had been used for construction of Chhatrapati Shivaji Maharaj's statue at Rajkot fort in Maharashtra's Sindhudurg district, it would not have collapsed.
The cost overruns were because of rise in prices of construction materials, delay in land acquisition, utility shifting and obtaining clearances from forest/environment, he said during Question Hour. Poor performance of some contractors and law and order problems in some states were some other reasons.
As even bigger road construction players are not willing to bet on BOT projects., NHAI will have to rethink its thrust on the BOT model.
The central government's highway award and construction target for the current fiscal is dominated by the Bharatmala scheme.
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.
Days after saying that there is no need for subsidies to achieve greater penetration of electric vehicles (EVs), Union Minister of Road Transport and Highways Nitin Gadkari on Monday clarified that the view is his own, but any official call on EV subsidies is not one that he can take.
The Umbrella SSA is a single agreement that entitles the state government to support and facilitate the Centre in land acquisition, law and order and security in every highway project across the state.
Rs 7 lakh crore will be invested to develop for over 80,000 km of highways including Bharatmala project in the next five years
The government will not make six airbags mandatory for cars, Union Road Transport and Highways Minister Nitin Gadkari said on Wednesday. The government last year proposed to implement the six airbags safety norm from October 2023 for enhanced safety of occupants. "We don't want to make six airbags rule for cars mandatory," Gadkari said at an event in New Delhi.
'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.
A new murder case has been filed against Bangladesh's deposed prime minister Sheikh Hasina and 62 others, including ex-ministers of her cabinet, over the death of a fish trader during the quota reform protests in the country, a media report said on Monday.
Normal life was thrown out of gear in Kashmir on Saturday as most areas of the valley received snowfall, disrupting flight and railway operations and also leading to the closure of the Srinagar-Jammu National Highway, officials said.
Clean air needs action all year round; and that it will work only if we act jointly and at scale, asserts Sunita Narain.
The Madras High Court has set aside a notification of the central government, fixing 120 kmph as the speed limit for vehicles plying on highways.
Toll booths may be kept 50 km apart for seamless travel
'Some districts have said that areas which are away from the urban centres and where there have been minimal to zero Covid-19 cases may be exempted from the lockdown and construction activity should be allowed,' said a person in the know.
On Monday, April 10, 2023, Union Minister for Road Transport and Highways Nitin Gadkari inaugrated the Z-Morh tunnel on the Srinagar-Leh highway.
As a new initiative for promoting highway development, the mode of engineering procurement and construction contracts is being brought in, it said.
'The ruling does not automatically mean that your house can be taken away, but suppose it blocks an expressway or a highway or such essential development, then it can be taken away as long as there is a law to support that action.'
Nibe Space (NSPL), a subsidiary of Nibe, announced its vision to establish India's first multi-sensor, all-weather, high-revisit Earth observation satellite constellation. Aiming to strengthen India's self-reliance in the strategically crucial defence-space sector, NSPL signed memoranda of agreement with Indian and global partners, including Larsen & Toubro, Centum, AgniKul, Skyroot Aerospace, SpaceFields, SISIR Radar, CYRAN AI Solutions, and Thales Alenia Space as a technology partner.
Pakistan's restive Balochistan province has come to a standstill and has been facing unrest with several political and nationalist parties launching an indefinite blockade of all national highways from Wednesday against alleged rigging of the election results.
An interesting excerpt from Virender Kapoor's latest book Inspiring India: Taking India from Big to Great.
The projects include six-laning of highway stretches in Rajasthan, Gujarat and Andhra Pradesh, four-laning of highway stretches in Gujarat, Maharashtra and Madhya Pradesh and two-laning with paved shoulders of stretches in Punjab and Rajasthan.
Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.
Soon after taking charge, transport minister Kamal Nath had made it mandatory for the states to sign the State Support Agreement under which the states would have to acquire land for highway construction to get central funds.
The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December
Shiv Sena-Uddhav Balasaheb Thackeray leader Priyanka Chaturvedi on Wednesday took potshots at the rival Shiv Sena over its minister not finding a place in the reconstituted NITI Aayog.
The project, to be executed by the Ministry of Road Transport & Highways, would involve double-laning of single-lane highways in eight states in the next three years.
An Indian Air Force plane will bring the bodies of the Maharashtra pilgrims killed in a bus accident in Nepal to Nashik on Saturday, officials have said.
Prime Minister Narendra Modi on Monday took oath as member of the 18th Lok Sabha.
