News for 'infrastructure-development'

Tunnel rescue: Vertical boring underway, here's what happens now

Tunnel rescue: Vertical boring underway, here's what happens now

Rediff.com26 Nov 2023

The vertical approach was one of the at least five options on which preparatory work had begun some days back, as anxiety mounted over the fate of the men trapped in the under-construction tunnel on Uttarakhand's Char Dham route.

'Tunnel rescue like war, can't speculate when it will end'

'Tunnel rescue like war, can't speculate when it will end'

Rediff.com23 Nov 2023

The 41 workers trapped in Uttarakhand's Silkyara tunnel for the last 11 days are likely to be rescued in the next few hours or by tomorrow, National Disaster Management Authority (NDMA) member Lt Gen (retd) Syed Ata Hasnain said on Thursday evening.

India Inc sees Budget to define 'Amrit Kaal', expect extension of PLI scheme

India Inc sees Budget to define 'Amrit Kaal', expect extension of PLI scheme

Rediff.com13 Jan 2023

A vast majority of the business leaders believe that the Production Linked Incentive (PLI) schemes have been beneficial and expect an extension to other sectors in the coming years, a Deloitte Survey said on Friday. An overwhelming number of survey respondents hope the budget will fuel growth across industries by building strong domestic demand and focussing on capital expenditure and believe that it would define the 'Amrit Kaal'. "Critical to this growth will be the pace of capital expenditure, infrastructure development, and the need to boost infrastructure financing through private partnership. 60 per cent of respondents suggested raising funds through Indian Government Bonds," the survey said.

India boosts border infrastructure to meet Chinese aggression

India boosts border infrastructure to meet Chinese aggression

Rediff.com20 Dec 2022

The chief engineer of 'Project Vartak', Brig Raman Kumar told ANI that the Border Roads Organisation (BRO) is developing and maintaining all road networks in the key border areas of western Assam and western Arunachal Pradesh.

SEE: Soldiers sing 'Sandese Aate Hain' during meet with Rajnath

SEE: Soldiers sing 'Sandese Aate Hain' during meet with Rajnath

Rediff.com29 Sep 2022

Rajnath is on a two-day visit to frontline locations in Eastern Arunachal Pradesh on September 28-29.

Joshimath land subsidence mainly due to NTPC's hydel project: Experts

Joshimath land subsidence mainly due to NTPC's hydel project: Experts

Rediff.com8 Jan 2023

They said rampant infrastructure development without a plan is making the fragile Himalayan ecosystem even more vulnerable to the effects of climate change which acts as a force-multiplier.

It's official! Cricket will be played at the 2028 LA Olympic Games!

It's official! Cricket will be played at the 2028 LA Olympic Games!

Rediff.com16 Oct 2023

'Baseball/softball, cricket (T20), flag football, lacrosse (sixes) and squash will be in the programme at LA28.'

Rajnath performs 'shastra puja' in Arunachal, visits LAC

Rajnath performs 'shastra puja' in Arunachal, visits LAC

Rediff.com24 Oct 2023

Singh, accompanied by Army Chief Gen Manoj Pande, also carried out a comprehensive review of India's military preparedness along the Line of Actual Control (LAC) in Arunachal Pradesh and lauded the troops for guarding the border with "unwavering commitment and unparalleled courage."

6-inch lifeline pipe reaches trapped men in Silkyara, to send food and oxygen

6-inch lifeline pipe reaches trapped men in Silkyara, to send food and oxygen

Rediff.com20 Nov 2023

A six-inch pipe has been laid at the Silkyara tunnel through which nutritious food and medicines could be supplied to the 41 labourers, trapped for over a week after parts of the under-construction structure collapsed following a landslide.

Fresh rescue plan ready on Day 7: Vertical hole, new road to reach workers

Fresh rescue plan ready on Day 7: Vertical hole, new road to reach workers

Rediff.com18 Nov 2023

A high performance drilling machine was brought in Uttarkashi from Indore on Saturday to pierce through the rubble of the collapsed tunnel on the Char Dham route and was being assembled before it is deployed to resume drilling, officials at the site said.

Some headwinds emerge for India's cement sector amidst high valuations

Some headwinds emerge for India's cement sector amidst high valuations

Rediff.com1 Oct 2023

The sector may be overcrowded with a fair number of large players and the entry of the Adani Group through its two key acquisitions, followed by the takeover of majority stake in Sanghi Industries via Ambuja Cements. Since every major player is in expansion mode, there could be a capacity surplus and hence, price wars.

Dalai Lama successor must be from within China, needs govt nod: Beijing

Dalai Lama successor must be from within China, needs govt nod: Beijing

Rediff.com10 Nov 2023

Though Beijing asserts the Dalai Lama's successor needs its approval, observers say it remains concerned as the present Panchen Lama, the number two spiritual leader who was appointed by it after unseating the boy nominated by the Dalai Lama, has not gained much traction in Tibet.

India pitches for a rating upgrade with Moody's, questions methodology

India pitches for a rating upgrade with Moody's, questions methodology

Rediff.com16 Jun 2023

India on Friday made a strong pitch for a sovereign rating upgrade with Moody's and also questioned the parameters based on which the US-based agency accords ratings, sources said on Friday. Ahead of its annual review of the sovereign rating, Moody's Investors Service representatives met Indian government officials during which the officials highlighted the reforms and strong fundamentals of the Indian economy. A higher rating for India would mean the nation is less riskier, translating into lower interest rates on borrowings.

Will go solo in 2024 LS polls, says BJD's Patnaik, rules out third front

Will go solo in 2024 LS polls, says BJD's Patnaik, rules out third front

Rediff.com11 May 2023

Patnaik, who met Prime Minister Narendra Modi in New Delhi earlier in the day to discuss developmental issues related to his state, also ruled out joining any third front, a plan floated by some regional parties earlier.

Modi flags off 9 Vande Bharat trains with new features

Modi flags off 9 Vande Bharat trains with new features

Rediff.com24 Sep 2023

The railways also rolled out its first orange coloured Vande Bharat Express from Kasargod to Thiruvananthapuram, a high demand route which now operates two such trains, a senior Indian Railways official said.

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

Contractors must be held accountable for shoddy construction: Karnataka HC

Contractors must be held accountable for shoddy construction: Karnataka HC

Rediff.com8 Jun 2023

The high court also directed that engineers involved in shoddy constructions using public money be brought to book.

Eastern Ladakh gets bridge in DBO, 2 helipads among 75 border infra projects

Eastern Ladakh gets bridge in DBO, 2 helipads among 75 border infra projects

Rediff.com28 Oct 2022

Lack of infrastructure development in Jammu and Kashmir for decades post Independence was one of the reasons behind the rise of terrorism in the Union territory, Defence Minister Rajnath Singh said on Friday after unveiling 75 new projects including bridges, roads and helipads in border areas.

Speculation rife as BJP leaders meet DK Shivakumar

Speculation rife as BJP leaders meet DK Shivakumar

Rediff.com3 Sep 2023

Amid speculations of Operation Hasta' going on in Karnataka to woo Bharatiya Janata Party leaders to join the Congress, former BJP minister B C Patil and ex-MLA Narasimha Naik met Deputy Chief Minister D K Shivakumar during the birthday party of noted Kannada film actor Sudeep Sanjeev, who is popularly known as Sudeep.

To push green mobility, 10K e-buses to be deployed in 169 cities

To push green mobility, 10K e-buses to be deployed in 169 cities

Rediff.com16 Aug 2023

Seeking to enhance green mobility, the Union Cabinet on Wednesday approved the 'PM-eBus Sewa' scheme under which 10,000 electric buses will be provided to 169 cities under the public-private partnership (PPP) model.

India to have over 7,000 more ultra-rich individuals by 2027: Knight Frank

India to have over 7,000 more ultra-rich individuals by 2027: Knight Frank

Rediff.com18 May 2023

The number of ultra-high net worth individuals (UHNWIs) in India is expected to rise 58.4 per cent in the next five years from 12,069 in 2022 to 19,119 in 2027, a report by property consultancy Knight Frank said on Wednesday. In its "The Wealth Report 2023", Knight Frank said that the number of Indian UHNWIs, with a net worth of $30 million or above, fell 7.5 per cent in 2022 due to economic slowdown, rate hikes, appreciation of the US dollar and geopolitical uncertainties. Globally, the number of UHNWIs fell 3.8 per cent in 2022 compared to 2021.

Is Ajit Doval Failing India On Security?

Is Ajit Doval Failing India On Security?

Rediff.com14 Oct 2023

It is when one looks away from the immediate song and dance and at the granular detail of what has been going on since 2014 that one realises what the quality and competence of thinking and execution is in this project we call New India, asserts Aakar Patel.

Chhattisgarh poll: The issues BJP, Cong are banking on

Chhattisgarh poll: The issues BJP, Cong are banking on

Rediff.com12 Oct 2023

The ruling Congress is seeking to retain power in Chhattisgarh by banking on the welfare schemes of the Bhupesh Baghel government, while the Bharatiya Janata Party is hoping to corner it on the issues of alleged corruption, religious conversions and unfulfilled poll promises.

Maharashtra ropes in TISS to study Muslims' social, financial status

Maharashtra ropes in TISS to study Muslims' social, financial status

Rediff.com23 Sep 2022

The Maharashtra government has commissioned a detailed study to assess the social, financial and educational status of the Muslim community in 56 cities of the state, an official order said.

Settle border issues for 'legal ties': China to Bhutan

Settle border issues for 'legal ties': China to Bhutan

Rediff.com24 Oct 2023

Bhutan firmly abides by the one-China principle meaning Taiwan and Tibet are part of China and stands ready to work with China for an early settlement of the boundary issue and advance the political process of establishing diplomatic relations, it said.

ED searches 2 former IL&FS auditors in connection with money-laundering case

ED searches 2 former IL&FS auditors in connection with money-laundering case

Rediff.com10 May 2023

The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the infrastructure development and finance company, official sources said. The premises linked to the two auditors in Mumbai were searched under the provisions of the Prevention of Money Laundering Act (PMLA), they added. The action came a week after the Supreme Court set aside a Bombay High Court verdict that quashed an SFIO probe against the two companies, both former auditors of IL&FS Financial Services, paving the way for action against them under the Companies Act and allowing the National Company Law Tribunal (NCLT) to take forward its enquiry against them.

'What the rat miners did was tremendous'

'What the rat miners did was tremendous'

Rediff.com29 Nov 2023

'These are people whom very few give importance and they were doing a mammoth job for the nation.'

Will Chennai Shed Its 'Disaster Capital' Tag?

Will Chennai Shed Its 'Disaster Capital' Tag?

Rediff.com6 Dec 2023

For the Stalin government to win back the confidence of voters ahead of the Lok Sabha polls, post-flooding restoration works, their speed and efficacy would be closely watched, and not just by the political Opposition, notes N Sathiya Moorthy.

Sikkim flash flood: Toll rises to 18; over 90 still missing

Sikkim flash flood: Toll rises to 18; over 90 still missing

Rediff.com6 Oct 2023

The Sikkim Government has confirmed that 14 people have died so far in the flash floods that occurred in Sikkim in the early hours of Wednesday.

3 years since Galwan: India boosts infra, surveillance, combat readiness at LAC

3 years since Galwan: India boosts infra, surveillance, combat readiness at LAC

Rediff.com14 Jun 2023

India has significantly enhanced military infrastructure, surveillance and combat capabilities along the nearly 3,500 km-long Line of Actual Control (LAC) with China since the deadly clashes in Galwan valley in 2020, sources in the defence establishment said Wednesday on the eve of the third anniversary of the hostilities.

US boutique investment firm GQG buys stake in Adani Power

US boutique investment firm GQG buys stake in Adani Power

Rediff.com16 Aug 2023

US-based boutique investment firm GQG Partners along with other investors on Wednesday bought an 8.1 per cent stake in Adani Power Ltd for over Rs 9,000 crore ($1.1 billion) as the marquee investor shrugged off damning report of a US short seller to invest in billionaire Gautam Adani's group.

Modi holds bilaterals with world leaders at BRICS summit

Modi holds bilaterals with world leaders at BRICS summit

Rediff.com24 Aug 2023

Modi held a "productive meeting" with his Ethiopian counterpart Abiy Ahmed Ali on a day when BRICS (Brazil, Russia, India, China and South Africa) leaders officially endorsed Ethiopia's entry into the bloc.

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

Rediff.com29 May 2023

Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.

Modi inaugurates projects worth Rs 7,600cr in poll-bound Chhattisgarh

Modi inaugurates projects worth Rs 7,600cr in poll-bound Chhattisgarh

Rediff.com7 Jul 2023

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.

'Xi didn't want to avoid Modi at G20'

'Xi didn't want to avoid Modi at G20'

Rediff.com27 Sep 2023

'We will likely never know why Xi decided not to travel to New Delhi. One possible explanation could be his desire to avoid a meeting with US President Joe Biden.'

Major General S C N Jatar: An Unsung Hero

Major General S C N Jatar: An Unsung Hero

Rediff.com25 Oct 2023

Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.

Over 68,000 soldiers airlifted to Ladakh post Galwan

Over 68,000 soldiers airlifted to Ladakh post Galwan

Rediff.com13 Aug 2023

Over 68,000 Army soldiers, around 90 tanks and other weapon systems were airlifted by the Indian Air Force to eastern Ladakh from across the country for rapid deployment along the Line of Actual Control (LAC) after the deadly clashes in the Galwan Valley, top sources in defence and security establishment said.

Modi unveils India's biggest helicopter manufacturing facility

Modi unveils India's biggest helicopter manufacturing facility

Rediff.com6 Feb 2023

Bengaluru-headquartered HAL plans to produce more than 1,000 helicopters in the range of 3-15 tonne with a total business of more than Rs 4 lakh crore over a period of 20 years at this facility in Gubbi taluk, officials said.

'The agenda is 'insurance for all by 2047''

'The agenda is 'insurance for all by 2047''

Rediff.com31 Dec 2023

'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'

'Steel prices have already bottomed out'

'Steel prices have already bottomed out'

Rediff.com4 Aug 2023

'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'