Shifting to a PPP model could repeat the errors of the past
When completed, these ambitious projects would change cities and some may even change nations.
Globally, governments are undertaking ambitious projects that will change the infrastructure of the respective regions.
Union Home Minister Amit Shah said on Sunday that indigenously developed BrahMos missiles destroyed Pakistani air bases while its air defence system, borrowed from China, remained unused, during Operation Sindoor, which exposed its lies on terrorism to the world.
Social media giant Meta Platforms and Bharti Airtel on Monday announced a collaboration to jointly invest in telecom infrastructure to cater to the rising demand of high speed data and digital services in India. The announcement comes on the back of telecom operators' demand to share revenue with service providers to build networks. "Airtel and Meta will jointly invest in global connectivity infrastructure and CPaaS (communications platform as a service) based new-age digital solutions to support the emerging requirements of customers and enterprises in India," the statement said.
The much-awaited special purpose vehicle for funding infrastructure projects is all set to take off by next month with the Prime Minister's Committee on Infrastructure giving it a green signal.
Nayagam PP, a certified career counsellor and the founder of EduJob360, lists the top and emerging career streams in engineering.
The Reserve Bank has given an in-principle nod to invest $5 billion of foreign exchange reserves annually in infrastructure projects through two subsidiaries of India Infrastructure Finance Company.India's forex reserves stood at $266.52 billion as on November 2 and experts believe that they should be utilised at least for financing infrastructure projects.
NISAR will not be used for surveillance and will be used to observe the earth.
Chandrayaan-4 will involve at least two separate launches of the heavylift LVM-3 rocket that will carry five different components of the mission which will be assembled in orbit.
The Finance Minister's concerns come at a time when delays in 110 central infra projects due to regulatory hurdle issues have resulted in over Rs 1.57 lakh crore cost overruns.
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.
A new report, "India Justice Report 2025", highlights the stark gender disparity in India's police force, with less than 1,000 women holding senior positions like Director-Generals and Superintendents of Police. Despite growing awareness about the need for gender diversity in law enforcement, not a single state or Union Territory has met its target for women's representation in the police force. The report also emphasizes the significant challenges faced by the justice system as a whole, including infrastructural deficiencies, overcrowding in prisons, and inadequate staffing levels. The report calls for systemic reforms to address these issues and ensure a more equitable and accessible justice system for all.
China said it has suspended the project due to security concerns from a third party.
The flag will be taken down on July 24, 2028, which will mark the conclusion of the Simhastha Kumbh Mela, which is held once in 12 years.
Time and cost overruns have delayed 850 infrastructure projects out of a 1,035 during the period between 1992 and 2009, says a study.
These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.
Finance Nirmala Sitharaman on Friday asked various ministries to try to spend more than their capital expenditure targets as well as explore public private partnerships for viable projects. During a meeting with senior government officials to discuss the infrastructure roadmap, she also urged the ministries and their CPSEs to ensure clearance of Micro, Small and Medium Enterprises (MSME) dues at the earliest. This was the fifth review meeting by the finance minister with ministries and departments on the infrastructure roadmap.
The opposition Maha Vikas Aghadi on Sunday released its manifesto for the Maharashtra assembly polls, promising free cervical cancer vaccines for girls aged 9 to 16 and and two optional leave days for women employees during menstruation.
'This market for diesel starts at around Rs 6.3 lakh and goes up to Rs 7 lakh, and with Saathi we have our usual price set at Rs 6.5 lakh, so we are slightly on the lower side with a superior product.'
Beijing's latest weapon, 15 times more powerful than TNT, signals a new frontier in high-impact, non-nuclear military technology.
The infrastructure spending target for 2020-25 was revised because of additional and amended data provided by central ministries, state governments since the release of the summary NIP Report in December 2019 when it was pegged at Rs 100 trillion.
While, projects, including Rs 23,000 crore Purvanchal Expressway, totalling Rs 60,000 crore have already been launched, the Yogi Adityanath government is fast paving the way for laying the foundation of the remaining projects before the general election dates are announced.
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.
Modi also met the construction workers who worked meticulously amid harsh conditions to complete the tunnel.
The order was issued a day after Shehbaz held a telephonic conversation with Chinese Premier Li Keqiang and among other issues also discussed the issue of security of Chinese in Pakistan.
The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.
'Always ensure that lease terms are clearly written in the agreement, including rent escalation clauses and notice periods.'
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
The fund would be promoted by three partners - Deepak Kavadia, Palak Jain, and Philip Ho, Managing Director of US-based private equity fund Cornell Capital. The promoters would own 75 per stake in the firm. "We are in talks with 10 large players at global scale.
The rivalry between Tesla CEO Elon Musk and OpenAI CEO Sam Altman has intensified, centering on a groundbreaking artificial intelligence project known as Stargate, reported The Associated Press.
The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank. The report also noted that this growth is higher than the 7.1 per cent increase seen in FY25 and is mainly driven by rise in GST revenue from strong urban consumption. It said "The increase is driven by higher goods and services tax collections which in-turn is explained by boost to urban consumption".
'Geopolitical stability could remove the crude oil risk premium.'
Karnataka Deputy Chief Minister D K Shivakumar's statement that even God can't fix Bengaluru traffic in the next two or three years, has come under severe criticism from the Bharatiya Janata Party, with leader of opposition R Ashoka on Friday demanding that the former step down and make way for someone more capable if he is unable to take responsibility and address the city's traffic issues.
Army spokesman Lt Gen Ahmad Sharif Chaudhry in a media interaction said at least 26 people were killed and 46 injured in the missile strikes on cities in Punjab and PoK. "The six locations that India attacked last night... Pakistan lost 26 people and 46 were injured," he said.
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
The Adani group has said it will have a capital expenditure of Rs 1.1 trillion in 2025-26 as against this financial year's Rs 92,000 crore, with a focus on core energy and infrastructure. Expenditure will be financed through an internal cash generation of Rs 60,000 crore, and the rest will be raised via equity and debt, according to senior officials.
Prime Minister Narendra Modi on Saturday said the decision to transform Jammu and Kashmir into a Union Territory is 'temporary' and the Bharatiya Janata Party-led government will restore the statehood to the region.
Given the broken balance sheet and the limited fiscal room, the government has to kick off investment: Vikas Khemani & Stephen Gallagher.
