Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.
Ahead of farmers' 'Delhi Chalo March', the Delhi Police has intensified security arrangements at Singhu, Ghazipur and Tikri borders and installed nails along with barricades to prevent vehicles carrying protesters from entering the city, officials said on Sunday.
'The longevity of the government is a doubt for me because when the going gets tough, there could a be a point in time where there might be pressure, from within the party or from the allies.'
Banking on increased freight haul and earnings from upper class travellers, Indian Railways has projected a gross earning of Rs 43,445 crore (Rs 434.45 billion) in 2003-04.
The losses ranged between Rs 33,204 and Rs 10,90,480.
Railways Minister Sadananda Gowda will present his maiden Rail Budget on July 8 in Parliament.
Modi to receive Lokmanya Tilak National Award, constituted by Tilak Smarak Mandir Trust in 1983, to honour the legacy of Lokmanya Tilak
The lawmakers seem as uninterested as those who use the railways.
A formal announcement of the name of the winner is expected to be made in a day or two, sources close to the development said. Other bidders in the race are believed to be infrastructure major Larsen & Toubro and a consortium led by GE.
'The government must understand that the Indian Railways is like a Kamdhenu cow. It can look after your GDP, it can look after the health of the nation. But the Kamdhenu cow also needs nourishment.' 'You have not at all looked after the Indian Railways, you have ill treated the Indian Railways, you have mistreated the Indian Railways and you have given the Indian Railways step motherly treatment.' 'I don't think this government has understood the Indian Railways.'
He also said that infrastructure development in the country in the last eight years has been done with a human touch.
A section of the over 50-year-old bridge on the arterial Diamond Harbour Road in south Kolkata collapsed on September 4 in which three people lost their lives.
During this period, all government and private offices, shopping complexes, malls, bars, sports complexes, pubs and beauty parlours will remain closed.
Modi will unfurl the national flag and deliver the customary address to the nation from the ramparts of the historic monument.
A survey of 300 engineering colleges revealed that only 29 per cent engineers are employable, while 30 per cent can be made employable after further studies, whereas 48 per cent are simply not employable
With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.
At the age of 15, she is all set to graduate in Psychology from the Devi Ahilya Vishwavidyalaya in Indore.
L&T on Thursday said its construction arm has won a large contract for the bullet train project. L&T Construction has bagged the project from National High-Speed Rail Corporation Ltd (NHSRCL). "The railways business of L&T Construction has secured acontract from NHSRCL to construct 116 route km of High-Speed ballastless track works for Mumbai-Ahmedabad High-Speed Rail (MAHSR) project, popularly referred to as the bullet train project," the company said in a statement.
The BJP lost 15 of the 80 Lok Sabha seats in 2019. Union ministers have been deployed in all 15, tasked with turning the result around.
Larsen & Toubro (L&T) disappointed the Street with its results for the January-March quarter of the 2022-23 financial year (Q4FY23) due to weaker core engineering & construction (E&C) segment performance by the engineering giant.' Although core E&C order inflows for FY23 rose 19 per cent year-on-year (YoY), with orders from railways, metals and water sectors, margins in the infrastructure segment crashed to all-time low. Revenue at Rs 58,300 crore was up 10 per cent YoY but somewhat below expectations.
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.
'We hope there shall be more focus on existing projects and their completion rather than new projects.' 'Any new project announcements should be largely for decongesting the existing lines rather than new lines.'
'Our factories are world-class and are becoming increasingly attractive for our global business leaders to use to serve other markets.'
About 45 per cent work has been completed on the 33.494 km long Janakpuri-Kalindi Kunj Metro corridor by September
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.
For 2017-18, the plan size has been pegged by the Railways at Rs 1,31,000 crore.
The maintenance of track is increasingly becoming mechanised and capital-intensive.
The Yamuna surged to a record 208.48 metres at 8 am, the Central Water Commission said on Thursday, adding that it is likely to rise to 208.75 metres by 4 pm.
Fans wearing the India jersey, carrying the Indian flag, laughing, joking and anticipating an India win are moving towards the Narendra Modi stadium. There are families, friends, children, adults, teenagers, middle aged and the senior citizen who have all painted the city blue.
Railways is looking at similar light weight type trains for speedy run on the existing network
'Interim Budget has ignited the entrepreneurial spirit.'
Prime Minister Narendra Modi on Thursday inaugurated and laid foundation stones of development projects worth more than Rs 38,000 crore in different sectors in Mumbai, giving a big push to infrastructure, urban travel and healthcare ahead of civic polls in the city in which the Bharatiya Janata Party and the Eknath Shinde-led Shiv Sena faction will seek to showcase these ventures to take on their political rivals.
If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.
The National High Speed Rail Corporation Limited has invited bids for the design and construction of an underground station at Mumbai's Bandra Kurla Complex and for a tunnel for the bullet train project, Railway Minister Ashwini Vaishnaw said on Friday. This is the first set of bids invited after the rebel Shiv Sena leader Eknath Shinde-led government came to power in Maharashtra. The new government has given the green light to the project, which remained dormant during the erstwhile Uddhav Thackeray-led dispensation.
Indian Railways has plans to decongest network and become more self dependent.
The heaviest rainfall began to ease across hard-hit portions of Manhattan and Brooklyn late Friday morning, but another round is expected in the afternoon and could reinvigorate dangerous flooding.
Budget proposals have set four goals to transform Indian Railways.
The central government said the railways and civil aviation ministry must suspend all concessional travel on trains and flights, except for students, patients and disabled people.
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