Page 4 - Infrastructure

Govt cuts toll by up to 50% on national highways with bridges, tunnels

The government has reduced the toll rates up to 50 per cent for the sections of National Highways that have structures like tunnels, bridges, flyovers or elevated stretches, a move which will lower travelling cost for motorists. User charges at fee plazas on National Highways are collected as per NH Fee Rules, 2008. The Ministry of Road Transport and Highways has made amendment to 2008 rules and notified a new method or formula for calculating toll charges. "The rate of fee for use of a section of national highway comprising of structure or structures shall be calculated by adding ten times the length of structure or structures to the length of the section of national highway excluding the length of structure or structures, or five times the total length of section of national highway, whichever is lesser," said the notification dated July 2, 2025. 'Structure' means an independent bridge, tunnel or flyover or elevated highway. To explain the new toll charges, the ministry has cited

Centre to invest ₹2 trillion to transform Jharkhand's infra: Gadkari

Union Minister Nitin Gadkari on Thursday said the Centre is committed to augment Jharkhand's infrastructure, and it would implement projects worth Rs 2 lakh crore in the state. The Union Road Transport and Highways Minister asserted that Jharkhand, which is rich in mineral resources, would see unprecedented growth in the highways sector. "I am committed to bolster Jharkhand's infrastructure. I assure the people of implementing Rs 2 lakh crore-worth national highway projects in the state," he said, while addressing a public meeting. "We have completed Rs 40,000-crore national highway projects in the state. At present, we are implementing highway projects worth Rs 70,000 crore, while projects worth Rs 75,000 crore are in the pipeline," Gadkari said. Strengthening infrastructure was the need of the hour to make India a USD 5-trillion economy in line with Prime Minister Narendra Modi's vision, he said. He said the Rs 36,000-crore Varanasi-Ranchi-Kolkata greenfield corridor will be ...

'Stop endless retrofitting': Ex-Delhi chief secy urges urban planning reset

Former Delhi Chief Secretary Shailaja Chandra urged CM Rekha Gupta to show courage, end vote-bank politics, and prioritise long-term urban planning over short-term populist measures

Infosys founder Narayana Murthy visits GIFT City, lauds global potential

Infosys founder N R Narayana Murthy on Friday visited Gujarat International Finance Tec-City (GIFT City) and praised its progress and global outlook. He met GIFT City Chairman Hasmukh Adhia, Managing Director and Group CEO Tapan Ray, and International Financial Services Centres Authority (IFSCA) Chairman K Rajaraman. Murthy lauded the rapid progress being made and expressed appreciation for the world-class infrastructure and the growing number of international companies establishing operations in GIFT City. He noted that such developments are critical to positioning GIFT City as a global hub for financial and technology services as well as fintech innovation. He also interacted with students from various institutions at GIFT City and encouraged them to aim high. Infosys recently opened a new development centre at GIFT City that will support over 1,000 employees and deliver digital solutions for global BFSI clients across multiple domains.

Strong project pipeline to ensure sales momentum for Prestige Estates

The launches in the last quarter and a strong outlook has resulted in the stock gaining 21 per over the last month and 42 per cent over three months

Reserve Bank of India eases provisioning rules for infrastructure loans

The Reserve Bank of India proposed in May last year that lenders should set aside 5% of the loan value for an infrastructure project being built to cover risks

Karnataka seeks bigger share of central taxes, Rs 1.15 trn for B'luru infra

Karnataka Chief Minister Siddaramaiah on Friday met 16th Finance Commission Chairman Arvind Panagariya, demanding a larger allocation for the state from the central tax pool and Rs 1.15 lakh crore investment to strengthen Bengaluru's infrastructure for the five-year period beginning April 1, 2026. In the meeting, which lasted for more than an hour, Siddaramaiah flagged that there has been a "stark imbalance in fiscal returns" despite Karnataka contributing nearly 8.7 per cent of the national GDP with just 5 per cent of the population and ranking second in the country in GST collections. "The imbalance in fiscal returns is so much that for every rupee Karnataka contributes to union taxes, it receives only 15 paise in return," the CM told reporters after the meeting. Speaking about the discussion, Siddaramaiah said: "The meeting was very cordial and the chairman was very receptive to our demands... We have told them that the tax devolution to states should be done fairly and ...

Governing Council urges NIIF to boost global presence, adopt new strategy

The Finance Ministry has called on NIIF to leverage its sovereign-backed model, diversify funding sources and attract international investors by strengthening its global profile

CM Gupta announces state-of-the-art auditorium in northeast Delhi

Delhi Chief Minister Rekha Gupta on Monday announced the construction of a state-of-the-art auditorium in northeast Delhi, aiming to boost infrastructure for educational and cultural events in the region, according to a statement. She made the announcement while attending the 61st Annual Day and Sashtipoorthi celebrations of Shyam Lal College as the chief guest. The event was also attended by Member of Parliament Manoj Kumar Tiwari and MLA Jitendra Mahajan, the statement read. To mark the college's milestone, the chief minister planted a sapling near the Ganesh Temple on campus and felicitated students who excelled in academics and other fields, it stated. In her address, Gupta recalled her student days at the University of Delhi and said institutions like Shyam Lal College, once facing several challenges, have now evolved into centres of excellence. She said that a student from Shyam Lal College is now serving as an MLA and, as a former DU student herself, she is now the chief ...

Statsguru: What explains cracks in infrastructure at India's major airports

For the country's major airports, repair & maintenance expenditures declined year-on-year in proportion to their aeronautical revenues in FY24

Ambuja makes 30% of cement used in infra, housing projects in India: CEO

Ambuja Cements, now a key part of the Adani Group, has surpassed 100 MTPA capacity and plans to reach 140 MTPA by FY28, driven primarily by brownfield expansions

Salasar Techno Engineering Q4 results: Net profit grows 30% to Rs 20 cr

Steel structure maker Salasar Techno Engineering has reported a 30 per cent growth in consolidated net profit to Rs 19.31 crore in the March 2025 quarter, driven by higher revenues. It had posted a net profit of Rs 15.21 crore in the January-March period of the preceding fiscal, the company said in an exchange filing on Friday. During the fourth quarter, the company's total income increased 32 per cent to Rs 472.68 crore from Rs 358.42 crore in Q4 FY24. Salasar Techno Engineering is a steel structure manufacturer and engineering, procurement and construction infrastructure company, catering to telecom, energy and railways sectors.

AM/NS India launches two new patented steel products under Optigal

AM/NS introduces Optigal Prime and Pinnacle with high corrosion resistance and eco-friendly features, aiming for 25% share in India's colour-coated steel market

PM Modi to inaugurate development projects worth Rs 48,520 crore in Bihar

Prime Minister Narendra Modi will inaugurate and lay foundation stone of multiple development projects worth over Rs 48,520 crore in Bihar's Karakat on Friday. The PM, who arrived in Patna on a two-day visit to the state on Thursday, will also address a public rally in Karakat. According to an official communication, "The PM will inaugurate, lay foundation stone and dedicate to the nation multiple development projects worth over Rs 48,520 crore in Karakat. Boosting power infrastructure in the region, he will lay the foundation stone for the Nabinagar Super Thermal Power Project, stage-II (3x800 MW) in Aurangabad district worth over Rs 29,930 crore, which will aim at ensuring energy security for Bihar and eastern India". It will boost industrial growth, create job opportunities, and provide affordable electricity in the region, it added. Further, in boost to the road infrastructure and connectivity in the region, the PM will lay the foundation stone for various road projects includi

UP govt to invest Rs 6,124 crore on building ring roads, bypasses

The Uttar Pradesh government is set to invest Rs 6,124 crore in the construction of ring roads, bypasses, and flyovers across the state, it said in a statement on Sunday. The Public Works Department (PWD) has prepared a blueprint that outlines road connectivity expansion for the financial year 2025-26 with 62 projects in all. According to the PWD, priority will be given to high density regions and those with heavy vehicular movement. The initiative not only aims to boost connectivity but also improve traffic management. Under the initiative, various types of industrial parks are being developed across the state, with such factors as freight movement and road connectivity in consideration. PWD said that in the current financial year it will build 62 bypasses and ring roads with priority in areas having a population of over one lakh. Municipalities and councils connected already with national highways will not be included in this plan. In those areas, the construction of bypasses

Tata Steel completes 5MT Kalinganagar expansion; capacity crosses 26MT

Tata Steel on Thursday announced the completion of the phase II expansion project at Kalinganagar in Odisha, taking its overall capacity to 26.1 million tonnes (MT) in the country. With the completion of the 5 million tonne expansion project undertaken at an investment of Rs 27,000 crore, the capacity of Kalinganagar plant stands at 8 MT from 3 MT earlier, the steelmaker said in a statement. Odisha CM Mohan Charan Majhi inaugurated the expanded Tata Steel Kalinganagar (TSK) plant on Thursday. T. V. Narendran, CEO and Managing Director, Tata Steel, said: "This expansion reflects our deep belief in Odisha's potential and our long-term commitment to this State. Kalinganagar is more than a manufacturing site for us. It symbolises what is possible when communities, government, and industry work together." Tata Steel aims to target supply advanced high-strength steels for sectors like automotive, infrastructure, power, shipbuilding, and defence with the expansion. Odisha has emerged as

IRB Infra Q4FY25 results: Net profit rises 13.7% to ₹214.72 crore

IRB Infra reports 13.7% YoY rise in Q4 net profit; FY25 profit surges on exceptional gains, while revenue sees modest annual growth and toll collections beat industry

Signature Global may launch NCR projects worth ₹17,000 crore in FY26

Realty major picks Dwarka Expressway and Southern Peripheral Road micro markets, but remains open to launching future projects in Noida and Delhi as well

Govt needs to reinterpret viability gap funding for building social infra

Public spending on social infrastructure is constrained by the government's commitment to fiscal consolidation

After constraints get addressed, IIFCL book can grow to ₹4 trn by FY28: MD

P R Jaishankar talks about the road ahead for India Infrastructure Finance Company