News for 'infrastructure project'

Reliance Defence to get artillery shells, explosives from German firm

Reliance Defence to get artillery shells, explosives from German firm

Rediff.com22 May 2025

Reliance Defence and Germany-based Rheinmetall have agreed on a 'strategic partnership' in the field of ammunition, officials on Thursday said.

'Downing Pak special mission aircraft from 300km shows...'

'Downing Pak special mission aircraft from 300km shows...'

Rediff.com10 Aug 2025

Military officials detail how the Indian Air Force's downing of a Pakistani aircraft at a long distance reflects its air superiority and dealt a psychological blow to the adversary.

As Election Nears, Patna Gets Metro Boost

As Election Nears, Patna Gets Metro Boost

Rediff.com29 May 2025

The metro, it seems, is politics-proof -- even if it comes at a high cost.

India's first public InvIT for road, highway projects in the works

India's first public InvIT for road, highway projects in the works

Rediff.com8 Aug 2023

After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust

India's AI market to triple to $17 billion by 2027: Report

India's AI market to triple to $17 billion by 2027: Report

Rediff.com11 Jun 2025

The Indian AI market is expected to grow to over $17 billion by 2027, more than tripling its current size, driven by increased investments in enterprise technology, a flourishing digital ecosystem, and a strong pool of skilled professionals, according to BCG.

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Rediff.com26 Jun 2025

Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.

Col Sofiya Qureshi's family joins Modi's roadshow in Gujarat

Col Sofiya Qureshi's family joins Modi's roadshow in Gujarat

Rediff.com26 May 2025

During his two-day Gujarat visit, PM Modi is scheduled to take part in public events in Dahod, Bhuj and Gandhinagar and inaugurate and lay the foundation stones for a series of development projects costing over Rs 82,950 crore, an official release stated.

483 infra projects show cost overruns of Rs 4.43 lakh cr

483 infra projects show cost overruns of Rs 4.43 lakh cr

Rediff.com22 Aug 2021

As many as 483 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.43 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,781 such projects, 483 reported cost overruns and 504 were delayed.

Infrastructure betterment tax likely in Mumbai

Infrastructure betterment tax likely in Mumbai

Rediff.com5 Aug 2013

Maharashtra Chief Minister Prithviraj Chavan is agreeable in principle to this tax, but the government is yet to take a decision.

'Kashmir to Kanyakumari' no longer a slogan but reality: J-K LG

'Kashmir to Kanyakumari' no longer a slogan but reality: J-K LG

Rediff.com6 Jun 2025

Sinha said the inauguration of the Kashmir rail service has connected the hearts of the people of Jammu and Kashmir with the rest of the country and will pave the way for the economic prosperity of the region.

There is more room for monetary policy easing, says Finance Ministry

There is more room for monetary policy easing, says Finance Ministry

Rediff.com29 Jul 2025

With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.

Only God or Modi can...: BJP's Bidhuri in Lok Sabha

Only God or Modi can...: BJP's Bidhuri in Lok Sabha

Rediff.com3 Feb 2025

Lok Sabha on Monday turned into a battleground for the Delhi assembly polls with Bharatiya Janata Party member Ramvir Singh Bidhuri launching an all-out attack on the Aam Aadmi Party government, alleging that they 'looted' the national capital and turned it into 'hell'.

Olympic medallist Lovlina launches academy in Guwahati

Olympic medallist Lovlina launches academy in Guwahati

Rediff.com6 Jun 2025

Lovlina said she began to work on the project after the 2024 Olympics, using her personal funds to create a basic but functional training centre.

How real is BJP's promise to invest Rs 100 trn in infrastructure?

How real is BJP's promise to invest Rs 100 trn in infrastructure?

Rediff.com3 May 2019

Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.

Modi's warning to Pakistan in Kanpuriya lingo draws cheers

Modi's warning to Pakistan in Kanpuriya lingo draws cheers

Rediff.com30 May 2025

Prime Minister Narendra Modi on Friday said the world has seen the power of India's indigenous weapons during Operation Sindoor, which is 'not over yet'.

FPIs take out Rs 44,396 cr from equities so far in Jan

FPIs take out Rs 44,396 cr from equities so far in Jan

Rediff.com19 Jan 2025

Foreign investors have pulled out Rs 44,396 crore from Indian equities this month, driven by strength of the dollar, rising bond yields in the US, and expectations of a weak earnings season. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.

India well-positioned to deal with negative effects of US tariffs: Moody's

India well-positioned to deal with negative effects of US tariffs: Moody's

Rediff.com21 May 2025

India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.

Festive Buzz To Boost Gig Jobs

Festive Buzz To Boost Gig Jobs

Rediff.com11 Jul 2025

Qcom alone is expected to account for a 60 per cent surge in gig hiring, adding 1.5 million to 2 million roles.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

'Declaring End Of Maoist Insurgency By March 2026 Is Foolish'

'Declaring End Of Maoist Insurgency By March 2026 Is Foolish'

Rediff.com14 Aug 2025

'Handling or mitigating a rebellion is not a corporate plan with quarterly, half-yearly and annual goals and results but an aggregation of the effort of several years.'

Kangana Visits Rain-Ravaged Mandi

Kangana Visits Rain-Ravaged Mandi

Rediff.com7 Jul 2025

Cloudbursts, flash floods and landslides have caused massive destruction in the area. More than 150 houses, 106 cattle sheds, 31 vehicles, 14 bridges, and several roads have suffered damage in the disaster.

'Our focus is on converting lands into projects'

'Our focus is on converting lands into projects'

Rediff.com25 Apr 2024

'There has been a huge shift. Consumer needs and requirements have changed, and differ from city to city.'

Union Council discusses issues faced by women

Union Council discusses issues faced by women

Rediff.com29 Aug 2024

During a five-hour meeting with his entire Council of Ministers, Modi specifically asked for faster and better communication of the government's decisions.

Turbulence In Tokyo: What It Means For India

Turbulence In Tokyo: What It Means For India

Rediff.com12 Sep 2025

Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.

449 infra projects show cost overruns worth Rs 4.29 lakh crore

449 infra projects show cost overruns worth Rs 4.29 lakh crore

Rediff.com21 Mar 2021

As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 lakh crore, according to a report. The ministry of statistics and programme implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,736 such projects, 449 reported cost overruns and 547 were delayed.

Infrastructure deficit chokes India

Infrastructure deficit chokes India

Rediff.com18 Mar 2009

India faces a shortfall of as much as $190bn in financing key infrastructure projects as the global crisis chokes off urgently needed capital, according to a study by McKinsey, the management consultants.

Yogi holds cabinet meet at Maha Kumbh, takes holy dip at Sangam

Yogi holds cabinet meet at Maha Kumbh, takes holy dip at Sangam

Rediff.com22 Jan 2025

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.

India's S-400, Barak-8, Akash missiles foiled Pak attacks on 15 cities

India's S-400, Barak-8, Akash missiles foiled Pak attacks on 15 cities

Rediff.com10 May 2025

India successfully intercepted or neutralized all Pakistani missiles and drones that targeted 15 Indian cities on Wednesday night, according to official sources. The attack, which was launched in response to India's Operation Sindoor, involved the deployment of Barak-8 missiles, S-400 Triumph air defense systems, Akash surface-to-air missiles, and indigenously developed anti-drone equipment. India retaliated with precision strikes on Pakistani territory, destroying an HQ-9 air defense unit in Lahore and damaging key radar infrastructure. The incident highlights the strength of India's air defense capabilities and its ability to project power with surgical precision.

Infrastructure experts want regulator

Infrastructure experts want regulator

Rediff.com20 Mar 2008

There is a need to set up independent regulatory authorities on energy, transport and urban infrastructure at the state level to ensure smooth implementation of infrastructure projects, especially those which are taken up on the PPP (public private partnership) model, said Vinayak Chatterjee, co-chairman of the CII National Council on Infrastructure and chairman of Feedback Ventures Limited.

ED issues fresh summons to Kerala ex-FM Isaac in KIIFB masala bonds case

ED issues fresh summons to Kerala ex-FM Isaac in KIIFB masala bonds case

Rediff.com7 Jan 2024

The 71-year-old politician has been asked to depose at the agency office in Kochi on January 12, they said.

World's first on-site 3D-printed bunker built in Leh for military use

World's first on-site 3D-printed bunker built in Leh for military use

Rediff.com17 Apr 2025

A Hyderabad-based deep-tech startup, Simpliforge Creations, has built the world's first on-site 3D-printed bunker in Leh for military use with the help of the Indian Institute of Technology Hyderabad. The project, called "Prabal," is a significant advancement in construction technology, allowing for the rapid deployment of military infrastructure in remote and challenging environments.

'As Tunnels Increase We See More Incidents'

'As Tunnels Increase We See More Incidents'

Rediff.com7 Mar 2025

'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'

Home loan rates may fall to 8%: Realty experts

Home loan rates may fall to 8%: Realty experts

Rediff.com7 Jun 2025

Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.

Modi to open Kashmir rail link on Friday in first visit post Op Sindoor

Modi to open Kashmir rail link on Friday in first visit post Op Sindoor

Rediff.com3 Jun 2025

Modi will start his visit on June 6 by dedicating to public the Chenab rail bridge, which is a key part of the 272-km Udhampur-Srinagar-Baramulla railway link (USBRL) that will provide direct train connectivity to the valley.

India's Space Manufacturing Boom

India's Space Manufacturing Boom

Rediff.com15 Aug 2025

The $1.2 billion in-space manufacturing market is expected to grow and be worth more than $20 billion by 2033.

Adani's Australian project gets 'critical infrastructure' tag, and boost

Adani's Australian project gets 'critical infrastructure' tag, and boost

Rediff.com10 Oct 2016

Queensland's Development Minister Anthony Lynham issued a statement on Sunday, saying the combined mine, rail and associated water infrastructure have all been declared "critical infrastructure" and the project's special "prescribed project" status has been renewed and expanded to include its water infrastructure.

'Next Time It Could Be Lahore and Rawalpindi'

'Next Time It Could Be Lahore and Rawalpindi'

Rediff.com8 May 2025

'Unlike the surgical strikes and the Balakot air strikes across the LoC, we have gone further inside Pakistan and raised the bar of escalation.'

Labour Pains, The Silent Crisis Undermining India's Infrastructure Boom

Labour Pains, The Silent Crisis Undermining India's Infrastructure Boom

Rediff.com11 Jul 2024

Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

China to build world's largest dam near India border

China to build world's largest dam near India border

Rediff.com26 Dec 2024

China has approved the construction of the world's largest dam on the Brahmaputra River in Tibet, close to the Indian border. The USD 137 billion project, which is expected to dwarf even China's own Three Gorges Dam, has raised concerns in India and Bangladesh, the downstream riparian states. Concerns in India are centered around China's potential to control water flow, potentially enabling the release of large amounts of water to flood border areas in times of hostilities. The dam is part of China's 14th Five-Year Plan, and the Chinese government claims that the project is safe and prioritizes ecological protection.