Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
Union Minister Nitin Gadkari voiced concerns about increasing poverty and wealth concentration, advocating for wealth decentralization and job creation in rural areas. He also highlighted the need for balanced sectoral contributions to GDP and discussed infrastructure development initiatives.
This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.
NH-925 is India's first national highway to be used for emergency landing of IAF aircraft.
The government has earmarked Rs 98,000 crore (Rs 980 billion) for upgradation of national highways within 5-6 years, Minister for Road Transport and Highways B C Khanduri said on Saturday.
Apart from this, the Cabinet Committee on Economic Affairs also gave its approval for starting work on the fifth phase of the National Highway Development Programme.
Will be given choice of govt and privately funded modes to put highway projects that didn't get bids under PPP model.
NHAI to pull plug on Rs 3,000-crore ventures for poor show
Union Minister for Road, Transport and Highway Nitin Gadkari on Thursday said his ministry can address the water woes faced in parts of the country.
All tunnels being constructed in Uttarakhand will be reviewed, Chief Minister Pushkar Singh Dhami said on Thursday after drilling began at the Silkyara tunnel with a heavy duty machine to rescue 40 labourers trapped there for four days.
Prime Minister Narendra Modi on Wednesday asked the Congress to tell the nation who prevented India's military response after the 26/11 Mumbai terror attacks linked to Pakistan, and accused the party of weakening the fight against terrorism when in power.
The sector hit many roadblocks during 2014, as builders were seen shying away from the projects and investments dried up amid various regulatory, judicial and policy-related bottlenecks.
The government has decided to raise the viability gap funding (VGF) for certain projects under the fifth phase of the National Highway Development Project (NHDP V), owing to poor response to the first few projects put up for bids in December last year.
China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.
The 43 km stretch of the expressway is a part of the ambitious National Highways Development Project.
The government on Thursday postponed by one year the target date for completion of the first phase of the prime minister's ambitious Rs 58,000-crore National Highway Development Project.\n\n\n\n
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
'What we are witnessing is not a freak incidence or a freak occurrence, but a new climate reality where warming oceans, monsoon variability and local geography are combining to produce extreme events.'
The Planning Commission on Monday lowered the target for construction of roads under the NHDP scheme to 2,500 km for the current fiscal from 3,165 km in the previous year, which was not met by the road ministry.
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
Consumers are having to pay more for transportation as petrol and diesel became costlier by about Rs 1.50 per litre
In the blistering heat of northern India, cars and trucks speed along the smooth, four-lane, black-topped highway from New Delhi to Jaipur.\n\n\n\n
The Ministry of Surface Transport and Highways will set up a road safety fund with an initial corpus of Rs 120 crore (Rs 1.20 billion).
The first phase of the prime minister's ambitious Rs 58,000 crore (Rs 580 billion) National Highway Development Project, connecting four metros with four/six lane roads.
The authorities also declared unsafe a mosque and a religious school for girls at Nai Basti village in Thathri, 35 kilometres from Doda town along the Kishtwar-Batote National Highway.
Nowhere are the stories of the coming election better told than on the roads of Bihar.
Minister of State for External Affairs B Muraleedharan said India is committed to developing friendly and mutually beneficial relations with all its neighbours under its 'Neighbourhood First' policy.
'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'
Of these, about 100 projects are likely to be completed by December 2018.
Modi also virtually flagged off a new train between Antagarh in Kanker district and Raipur and kickstarted the distribution of cards of the Centre's Ayushman Bharat scheme to beneficiaries in the state.
The development of the Rih-Tiddim road and establishment of numerous rural "haat" (flee markets) along the Mizoram-Myanmar border would also increase the trade volume, Modi said while addressing a public meeting at the Assam Rifles ground here after inaugurating the 60-MW Tuirial hydro-electric power project.
Mixing humour with political resolve, Chief Minister Omar Abdullah on Friday used the flagging-off ceremony of the first train to Kashmir by Prime Minister Narendra Modi in Katra to subtly but clearly articulate his government's demand for the restoration of statehood to Jammu and Kashmir.
The thrust will be on improving connectivity in economic corridors and remote and border areas with a view to hike trade and enable faster movement of cargo.
The Cabinet meeting and the holy dip comes on a day that marks the first anniversary of the consecration ceremony of the Ram temple in Ayodhya.
