Page 8 - Dhruvaksh Saha

L&T, NHSRCL sign deal for Maharashtra bullet train track construction

L&T signed an agreement with NHSRCL for track works on the 157 km Maharashtra section of the Mumbai-Ahmedabad Bullet Train project, including four stations and a depot at Thane

Union cabinet clears Rs 7,616 cr rail and highway projects in Bihar

The Union cabinet approved a Rs 3,169 cr railway line doubling and a Rs 4,447 cr highway project to boost connectivity, freight movement and regional industry in Bihar

If OEMs pass on benefits, freight costs may go down: Transporters

According to Singal and several other truck operators, the road logistics sector is so competitive that passing on benefits is really quick

Centre to introduce ₹2000 crore insurance support for shipbuilders

The ₹20,000 crore shipbuilding cluster programme aims to enable a shipbuilding ecosystem in India by fiscal and policy support measures

Japan's MOL plans to ramp up India fleet with domestically built vessels

Plans to become India's second-largest shipping firm

Govt tightens tunnel project planning to minimise cost, green impact

The Centre has issued new SOPs for tunnel projects, requiring at least three alternative alignments to minimise environmental and social impact and reduce cost overruns

Road accidents up 4.2% in 2023; 172K lives lost despite safety push

The ministry released its 'Road Accidents in India 2023' report following a Supreme Court's direction after several delays.

Digital, AI focus to strengthen India's road to quality highways

In the last decade, investments in the national highways sector (public and private) have nearly sextupled to Rs 3 trillion in FY25

Satish Kumar gets one-year extension as Railway Board Chairman, CEO

Satish Kumar's tenure as Railway Board Chairman has been extended by a year, with safety improvements noted under his leadership though congestion and crowd management remain challenges

India reaches out to 100 nations for ₹10 trillion shipping investment

According to a presentation made by the shipping ministry, 25 global CEOs and around 10 regional business leaders will meet the Prime Minister in October

Cabinet okays ₹12,328 crore railway expansion projects across states

Union Cabinet clears four railway projects worth Rs 12,328 crore to improve freight movement and passenger connectivity, benefitting over 47 lakh people across Karnataka, Telangana, Bihar and Assam

Fare hike to cost commuters ₹100 a month, affordability intact: DMRC

Delhi Metro said its fare hike will raise costs for average commuters by Rs 100 a month, citing Covid losses and JICA loan repayments while assuring affordability and service quality

Govt may pay ₹4,500 crore annually to toll operators for FASTag pass

ICRA said the annual FASTag pass will cost the government Rs 4,200-4,500 crore in compensation to toll operators, though relief for commuters will be limited to private vehicles

Delhi Metro hikes fares by average 7% in first revision in eight years

Covid losses and JICA loan repayments have strained DMRC finances, prompting a 7% fare hike, the sixth revision in the Delhi Metro's 23-year journey

Centre asks banks to extend long-term loans for electric mobility

The government is set to have a laser sharp focus on e-trucks in India's EV transition journey, which - according to Niti Aayog's findings in a recent report - have virtually not taken off

RITES targets ₹10,000 crore order book by FY26, eyes private sector growth

RITES ended FY25 with ₹8,800 crore in orders and aims for ₹10,000 crore by FY26, focusing on execution, private sector projects, and exports to West Asia and Latin America

India, US meet on maritime diplomacy ahead of crucial net-zero vote

India's Directorate General of Shipping meets a US delegation to advance maritime talks on green shipping and security, with no discussion on the US threat over the IMO's net-zero emissions vote

Govt, NITI Aayog to revise toll fee framework amid overcharging complaints

PAC seeks time-bound completion of study, full audit of NHAI amid plaints

Union Cabinet approves ₹2,157 crore highway expansion in Tamil Nadu

Four-laning of NH-332A between Marakkanam and Puducherry to ease congestion, boost trade, tourism, and create over 1.8 million person-days of employment in Tamil Nadu

Move over incentives, time for 'soft' mandates on EVs: Niti Aayog

The Aayog suggested the initial mandates be limited to only a certain segment of the vehicle fleet and need not be extremely stringent to begin with to avoid any strong backlash