Delays in execution of mega infrastructure projects has seen a massive Rs 52,446 crore jump in their original cost estimates.
India and Iran on Monday signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran, a move that will boost regional connectivity as well as trade ties. This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.
The truck operators, who are on strike since Saturday to protest a new service tax, are likely to meet finance ministry officials on Thursday in a bid to end their agitation that has disrupted movement of goods and pushed up prices.\n\n\n\n
Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.
The reason why Jammu resident Jagmohan Singh is doing so will bring tears to your eyes.
The government began the selection process a year earlier and has twice gone through the process of short-listing candidates.
It was 55.3 per cent for the same period last year, and data shows the fiscal deficit for April-May was kept in reasonable check in spite of heavy frontloading of expenditure.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the ministry of road transport and highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
India's incumbent two-wheeler players, led by TVS Motors, are flexing their muscles, having crossed the registration of 10,000 electric two-wheelers for the first time in November this year, according to data from Vahan, the website of the ministry of road transport and highways. The two key incumbent players, TVS Motors and Bajaj Auto, now account for around 15 per cent share of registrations in the month of November. The number will only go up with Hero MotoCorp now joining the bandwagon with its Vida range of electric scooters.
NHAI has already initiated process to handle such emergency situation and also taking all possible measures to avoid such incidents in future, an official statement said on Sunday.
B C Khanduri, who was elevated to Cabinet rank in the Ministry of Road Transport and Highways, and Rajiv Pratap Rudy, who was given independent charge of the civil aviation ministry, were among those who joined work on Monday.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the Ministry of Road Transport and Highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
Union Minister for Shipping, Road Transport and Highways TR Baalu has said the new toll policy has been finalised by the government, while the toll rules are under formulation.
Nearly five months after its soft launch, the government's e-portal, the National Single Window System (NSWS), is seeing a significant increase in the number of investors using it to get a bunch of approvals for their ventures. The first clearance was granted on 18 January. Since then, the progress has been good. Out of the 1,258 registered users on the portal, 378 were registered in the last one week.
Only 80.6 per cent of the Rs 6-trillion allocation has been spent by February, data from the Controller General of Accounts shows.
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
The highway authority's annual toll earning for 2009-10 was in the range of Rs 1,700 crore (Rs 17 billion) from 141 public-funded toll plazas in the country.
The project, the agreement for which was signed way back in 2009, had been gaining strategic relevance over the years as India-China ties took a hit.
Massive crowds thronged liquor stores, more vehicles plied on roads and cab-hailing platforms resumed services as India entered the third phase of the lockdown on Monday with further easing of curbs except in containment zones in the shadow of the highest rate of recovery yet from coronavirus.
The retirement age for public sector bank employees is 60 years. The PFRDA chairman can serve till the age of 65. Sources said the proposal was being sent to the appointments committee of cabinet.
Gadkari said that the MSME sector contributes significantly in pushing the country's economic growth and creating employment.
'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'
The kits for converting regular two-wheelers to those for the physically challenged will be sold only by select manufacturers who will need prior approval from the government after testing for brakes and the ability to handle gradation. Only workshops approved for fitment of the kits can make the changes to the vehicle. The approval, according to this notification, will be based on competence, availability of necessary equipment, experience in the relevant field and manpower.
The Standing Committee on Emission Regulation - under the Ministry of Shipping, Road Transport & Highways - today approved addition of hydrogen to CNG (compressed natural gas) for use in vehicles. The proposal is to use CNG with 20 per cent hydrogen content.
The earthquake damaged houses, roads, as well as other infrastructures, state-run Xinhua news agency quoted eyewitnesses from the area as saying.
Experts say Prabhu displays a clear intent of reforms but has not been able to fully shake-up the mammoth railway system.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
The emission is nine times more than cap; Volkswagen denies the claim.
The ministry is seeking a $2.96-billion World Bank funding for double-laning of 6,300 km of single-lane highways, out of a total of about 19,000 km single-lane highways in the country.
The International Centre for Automotive Technology at Haryana will authorise usage of labels for each vehicle model and its variant.
The Sena and Shiv Sena-Uddhav Balasaheb Thackeray labelled each other gaddar (traitor) after Shinde's rebellion split their original party last year, while Deputy Chief Minister Devendra Fadnavis publicly asserted he had exacted revenge on Thackeray for his betrayal.
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
Providing relief to exporters hit by the rise in rupee value, the government on Monday announced they would be exempted from tax on services rendered by ports, road transport and railways.
The Bharatiya Janata Party and Shiv Sena leaders who were sworn in today during the expansion of Devendra Fadnavis ministry include some who have been ministers in the past and some new faces.
The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively
The intention is to have a model with a single-clearing house.
After a brief lull during the pandemic, there is a strong revival in luxury car sales, bolstered by more launches across price bands, replacement demand, ban on old diesel vehicles in the NCR, and 'revenge buying'.
