Budget And Infrastructure

NFRA said that the development and document of audit strategy has to be commensurate with the risk profile of the auditee entity

The projects of the central and state governments fell more than those from the private sector amid the global spike in uncertainty

While most of the cities in India had been fairly well planned, rapid growth, especially post-1991, has outpaced existing infrastructure systems, policies, and regulations, said Shah

At the BS Infrastructure Summit, Sarbananda Sonowal said India aims to scale port capacity to 10,000 MMT by 2047, raise private participation to 85% and invest Rs 80 lakh crore

Cube Highways Trust has raised Rs 820 crore via non-convertible debentures issued across 3.5-year and 10-year tenors, with proceeds used for repayment of existing debt

Delhi CM Rekha Gupta seeks ₹1,500 crore from Centre under CRIF to improve 600 km of roads, ease congestion on 12 key corridors, and reduce dust pollution across the national capital

The business' order book as of March 31, 2025, stood at around ₹30,000 crore, featuring projects across segments like transport infrastructure, residential, commercial, and industrial real estate

States in Western and Southern India "dominate" in the key metrics, an annual survey released by a domestic rating agency said on Tuesday. The agency assessed states on the basis of economic strengths, fiscal situations, financial development, infrastructure, social situations, governance, and environment. "Western and Southern states dominate the top five rankings," Careedge Ratings said. Fiscal, economic and financial development pillars are strong points for Western states, while the Southern states performed well across the economic, financial development, environment, and governance pillars, the study said. Maharashtra has emerged as the best in overall composite rankings, followed by Gujarat and Karnataka in an annual analysis carried out by the rating agency. The state topped in the financial development pillar and performed strongly across the economic, fiscal and social pillars, it added. Gujarat, its neighbour to the north-west, scored on its leading economic rank, ...

UP Budget 2025-26: In line with Yogi government's previous Budgets, this one also focused on infrastructure, education, health, social security, and economic growth

Union minister Jyotiraditya Scindia on Saturday said the Modi government has spent Rs 11 lakh crore on infrastructure development in the last one year, while the Congress-led UPA dispensation used to spend only Rs 2 lakh crore on this front annually. Addressing a press conference to highlight various provisions made in the recently-presented Union Budget, he said the budget will make India self-reliant and aims to establish it as a 'Vishwaguru' (world leader) by 2047. "Prime Minister Narendra Modi has always said that he considers poor, farmers, women and youth as the only four castes in our country, and this budget focuses on these four categories," he said. "In the last one year, Rs 11 lakh crore have been spent on infrastructure. The UPA used to spend only Rs 2 lakh crore on this front," the Minister of Communications said. According to him, railway lines of 2,031 km were laid and 6,000 km-long national highways were constructed in the past one year. In the telecom sector, ...

The Tripura government on Saturday said that 87 Memoranda of Understanding (MoU) valued at Rs 3,683 crore were signed in the business conclave that concluded on February 8. Addressing the 'Destination Tripura: Business Conclave-2025' here, Chief Minister Manik Saha urged investors to set up industries in the northeastern state. "Though Tripura is the third smallest state in the country, it has enormous resources to offer for setting up industries. Natural gas, tea, rubber, bamboo and agar are the resources which could be used for commercial purposes," Saha said. Asserting that the northeastern state has agar plantations covering over 2000 hectares in non-forest area, the chief minister said the state also produces over 1 lakh MT of raw rubber annually. Saha also informed the industrial houses of the state's infrastructure for business, especially in Sabroom. "Maitri Setu, connecting Tripura's Sabroom with Bangladesh's Ramgarh has been constructed. The distance between Maitri Setu

There is a substantial increase in budgetary allocations to all the states for 2025-26 as compared to that of between 2009-14 for the development of rail infrastructure, Railway Minister Ashwini Vaishnaw said on Monday. Presenting a state-wise break up of the budgetary allocation for railways and the pace of development of rail infrastructure, Vaishnaw said that while railways was moving at a snail's pace before 2014, it has made historic progress in the past ten years during the NDA rule. Holding separate interaction with media persons and senior officials of respective divisions and zones via video conferencing, Vaishnaw provided a detailed update of various significant aspects and progress status of projects. According to Vaishnaw, when a comparison is drawn with 2009-2014, the average budgetary allocation for the next financial year 2025-26 is 27 times higher for Delhi, 23 times for MP and 22 times for Chhattisgarh. While the annual average budget for Bihar was Rs 1,132 crore .

Union budget 2025-26 Live Updates: Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income tax on earnings up to Rs 12 lpa

Finance Minister Nirmala Sitharaman has kept the outlay provided for capital expenditure (capex) in the Railways at Rs 2.65 trillion, almost the same as the 2024-25 budget estimate

New tax regime updates: Under the new system, taxpayers will not have to pay any income tax on earnings up to Rs 12 lakh per annum

I'm disappointed that the Budget doesn't do more to address climate change and environmental sustainability, he said

Moody's Ratings has stated that the Indian government's decision to reduce the tax burden on middle-class consumers is unlikely to have a significant impact on economic growth

The government said people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes, raising its threshold from Rs 700,000

With a focus on healthcare, defence, agriculture, maritime, and education, the Budget aims to enhance infrastructure, boost self-reliance, and foster long-term growth

From fiscal deficit to defence spending and external debt, Budget 2025 will reflect the government's strategy to balance fiscal prudence with growth ambitions