Although a detailed blueprint is yet to be created, sources familiar with thedevelopments said companies would initially be roped in to augment the basic rail infrastructure in industrial areas such as mining zones.
The projects - Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad, and Varanasi-Howrah - are expected to cost around Rs 10 trillion.
The Union health ministry has been allocated Rs 99,858.56 crore in the Budget 2025-2026, an around 11 per cent hike over the Rs 89,974.12 crore in the budget (revised estimates) of 2024-2025 with the government announcing setting up daycare cancer centres at all district hospitals over the next three years.
According to a note prepared by the ministry for these projects, each Indian Institute of Information Technology would be set up at an investment of Rs 200 crore (Rs 2 billion) and the government would bear 85 per cent of the expenditure.
Ducati would like to develop a motorbike racetrack on the lines of the Buddh International Circuit.
'Trump is good news for us. Energy poverty is real, and fossil fuels are the answer.'
The Adani Group is planning to invest Rs 20,000 crore more to complete the remaining three phases of the Vizhinjam International Seaport, the first transshipment port in the country, managing director of Adani Ports and Special Economic Zone Ltd (APSEZ) Karan Adani said in Thiruvananthapuram on Friday. Talking to PTI after the official reception ceremony for 'San Fernando', the first mothership to dock at Vizhinjam, Adani said the port will be a game changer for Indian manufacturers as it reduces logistics cost by 30 to 40 per cent.
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
India's highways development project, the largest public private partnership programme in the world, is likely to attract a whopping investment of $41 billion, including FDI, from the private sector, Highways Minister Kamal Nath said.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.
A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.
With cricket being included in the 2028 Olympics, its popularity will further surge. I'm humbled and excited about this unique collaboration between the cricket boards of Ireland, Scotland, and the Netherlands.
These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
The railways should leverage its revenues to raise money from the market to modernise and expand its facilities, planning commission deputy chairman Montek Singh Ahluwalia said in New Delhi on Monday.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
The minister said he was against "blanket privatisation of the railway system but the private sector was being encouraged to participate with the railways in the development of its non-core activities."
El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
Outlook for the Economic Survey (2006-07) also suggests a promising improvement in infrastructure development.
The state-owned airport authority is conducting a techno-feasibility study.
Messages sent through Internet-based messaging service providers such as Whatsapp, Signal, and Telegram, as well as those which are encrypted, are understood to be within the Act's ambit.
Two Japanese auto giants, Honda and Nissan, are moving towards a potential merger, but it remains unclear how their Indian operations will be immediately impacted.
Following his victory, Sinner celebrated wholeheartedly with his team, but a particularly heartwarming moment unfolded with his girlfriend, Anna Kalinskaya.
Private carrier Air India on Monday announced placing an order to purchase 100 more Airbus aircraft, comprising 10 wide-body A350 and 90 narrow-body A320 family aircraft including A321neo.
'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'
Waltz after being elected as the Co-Chair of India Caucus in January last year had said that India is the world's largest democracy and an important strategic partner for the United States.
Dengue has become a major public health concern in India with 289,235 cases reported last year. This year there were 19,447 cases of dengue which resulted in 19 deaths till April 2024.
The estimated cost of the project is around Rs 1,642 crore.
India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.
The ministry of railways has dropped its proposal for monetisation of stations on public-private partnership mode, and projects are now being taken up under engineering, procurement and construction (EPC) mode, a source said. The source also told PTI that the ministry of railways has been asked to expedite monetisation of other assets, including trains, goodsheds, hill rail, stadiums, railway colonies and railway land parcels among others. "Largest asset class (stations) dropped. Stations earlier proposed on PPP mode are now being taken up under EPC mode," the source said.
Inviting private investment, Railways Minister Suresh Prabhu on Friday said a transparent system is being put in place to facilitate it and moves are afoot to revamp the ministry's public-private-partnership (PPP) cell.
In the wake of deaths of several patients at government-run hospitals at Nanded and Chhatrapati Sambhajinagar in a short span, Maharashtra minister Hasan Mushrif on Thursday said positive changes will be brought in the functioning of the state-run medical facilities in four months.
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).
Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez on Monday inaugurated the Tata Advanced System Limited (TASL)-Airbus facility in Vadodara to manufacture C-295 military aircraft in India.
'We condemn recent illicit missile launches in the region that violate UN Security Council resolutions. We express serious concern over recent dangerous and aggressive actions in the maritime domain. We seek a region where no country dominates and no country is dominated one where all countries are free from coercion, and can exercise their agency to determine their futures,' the declaration said.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
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