Page 3 - Dhruvaksh Saha

Global cities compete, Indian cities comply: Survey flags siloed governance

Calls for integrated city planning, land-use reforms, and disincentives on private vehicle use

ShipMin seeks PPP panel nod for Nicobar port project in private mode

PPP models need to reduce structural uncertainty, need more private investment in greenfield projects

NITI calls for GST relief, insurance push to boost vehicle scrapping

Think tank flags tax disadvantage for formal facilities, urges parity with informal sector

Swan Defence secures $227 mn deal for chemical tankers at Pipavav yard

Swan Defence and Heavy Industries has signed a $227 million contract to build six chemical tankers, marking the first large commercial chemical vessel order awarded to an Indian shipyard

Niti Aayog suggests ₹6,000 cr VGF, PM-Suryaghar-like scheme for MSMEs

Niti Aayog has proposed a PM-Suryaghar-style capital subsidy scheme and a ₹6,000-crore viability gap funding mechanism to help MSMEs cut energy costs, adopt green power and stay competitive globally

Railways likely to see 2-4% increase in FY27 outlay, may get ₹2.7 trillion

The Union Budget may allocate ₹2.7-2.75 trillion to railways in FY27, a modest hike as the government sustains capex momentum and shifts focus to quality and capacity upgrades

Unpaid highway tolls to block fitness certificate, NOC for vehicles

As per the provisions, an NOC for transfer of ownership or transfer of a vehicle from one state to another will not be granted until any unpaid user fee is cleared

India engaging with US on Chabahar port sanctions waiver, says MEA

Given the rapid developments in US-Iran tensions and India's own strategic interests in the port, experts believe India will have to walk a tightrope on the issue for the foreseeable future

Houses with Metro access show better financial discipline: EAC-PM paper

Housing lenders could treat metro connectivity as a mitigating risk factor, argues PM-EAC

Indian Railways awards €62 million loco maintenance contract to Alstom

French rolling stock maker Alstom has secured a €62 million Indian Railways contract to maintain WAG-12B electric locomotives at the Sabarmati depot till 2031

Eyeing cofinancing with multilateral agencies, says IRFC CMD Dubey

IRFC is reinventing itself as IRFC 2.0, eyeing co-financing with multilateral agencies and refinancing projects to tap a potential Rs 1 trillion annual infrastructure financing opportunity

Integration between tracks, freight corridors speeds up: Railways ministry

Seamless integration between dedicated freight corridors and the Indian Railways network is improving, with a record 892 interchange trains handled in a single day, the railways ministry said

Govt to roll out vehicle-to-vehicle communication to reduce crashes

Standards to come out this year

Scheme to boost manufacturing of shipping containers on the table

Nascent estimates target Rs 12,000 crore outlay to achieve 600,000 containers production annually

DEA creates ₹17 trillion PPP project pipeline for 3 years: FinMin

Of the total projects, 232 are related to central ministries and departments, while the remaining 630 are with states and Union Territories

Exempt vessel sharing agreements from competition law: ShipMin to MCA

The exemption under Section 3 lapsed in 2021; the ministry's October 2024 draft proposed a three-year dispensation with conditions on Indian-flag vessels and space for Indian NVOCCs

Railways spends nearly 80% of gross budgetary support for FY26

FY26 targets likely to be fully achieved, says the transporter

Sagarmala Finance expecting at least ₹2K cr equity infusion from govt: MD

Ready to offer maritime debt at 30 bps lower than market rates, says CMD LVS Sudhakar Babu

New ship recycling rules kick in as India aligns with Hong Kong Convention

According to sector watchers, ship recycling and dismantling is getting increasingly concentrated in South Asia, with countries such as India and Bangladesh taking the lead

Delhi Metro Phase 5A approved: 16 km, 13 stations, ₹12,015 crore outlay

Clears 3 new Metro stretches in Delhi, including Central Vista corridor