As India eases FDI (foreign direct investment) norms the FDI has more than doubled to $4.48 billion in January, the highest inflow in last 29 months. Compare this to China and India seems to have d
Despite being in toppers list of economic powers of the world, India has been ranked 119 out of 130 countries on an index of business resilience of nations based on economic, risk quality and suppl
The PPP (the public private partnership) has become a favourite model for building infrastructure projects and after encountering numerous hiccups the government has constituted a committee to relo
The union cabinet has given green signal and the ₹20,000-crore National Investment and Infrastructure Fund (NIIF) will take shape by this year end. The NIIF, which may take the
The recently released ninth edition of the Global Innovation Index (GII) co-published by the UN’s World Intellectual Property Organisation (WIPO), Cornell University and INSEAD, shows tha
HLL Infra Tech Services Limited (HITES), a wholly owned subsidiary of public sector firm HLL Lifecare Limited (HLL), has recently secured its first global contract to offer consultancy services
The income tax department irregularly allowed deduction to assessees in 33 cases across 13 states in respect of infrastructure developed by joint venture formed by collaboration with foreign
Road accidents are possibly the biggest invisible killers, claiming more lives than terrorism, cancer or any other factor. In 2015, there were about five lakh road accidents in India, which killed
When India’s longest bridge, the 9.15-km Dhola-Sadiya over the Brahmaputra river, connecting Assam to Arunachal Pradesh, was inaugurated by prime minister Narendra Modi on May 26, China react
Here’s a quick brainteaser. Where is the world’s largest mass migration ever in human history taking place? No, it’s not from Syria, Iraq or Afghanistan to Europe. No again. It&rs
Government projects typically suffer from time overrun and cost overrun. There appears to be no project management discipline, and extension of time and escalation of cost rarely attract the kind o
Feel your favourite city. The words that typically come to your mind are liberally fused with adjectives in a valiant effort to give shape to our deeply felt emotions. It is quite common to find de
Only that exceptional logician and philosopher Ludwig Wittgenstein could have brought forth the limitations of human intellect in such a pithy and matter of fact manner: the limits of my language a
There is a need for speedier clearance of projects by states, RBI’s monetary policy committee said and added that there is an urgent need to reinvigorate private investment, remove infrastr
In the sultry May of 2015, union minister of road transport and shipping Nitin Gadkari was meeting officials at Parivahan Bhavan, a stone’s throw from parliament. They were discussing Sagarma
We are already in an age where some people have a job, some have work and a lucky few have both. ‘Job’ and ‘work’ are used interchangeably. Within a fast changing urban cont
The United Nations General Assembly has designated October 31 as World Cities Day, which has the general theme - Better City, Better Life. It is a well known fact that by 2030 nearl
Ministry of steel’s joint secretary Ruchika Chaudhry has advised Rashtriya Ispat Nigam Limited, a Navratna PSU, to cash in on the huge infrastructure funding by the government to build
Finally there is a political target and a timetable for transforming 115 most backward districts by 2022, but does the NITI Aayog appreciate the unprecedented nature and scale of the effort?
The derailment of nine coaches of the New Farakka Express near Raebareli, in which seven people have been killed and dozens sustained grievous injuries, has once again exposed the hollow claims of
A fter mixed response from the EPC (engineering, procurement and construction) and BOT-Annuity (build, own, transfer) model, the road sector in India is exploring the Hybrid Annuity Model (HAM) f
Prime Minister Narendra Modi dedicated a host of developmental projects at Ulao airport in Begusarai, Bihar. Modi said these projects will fuel the progress of Bihar and the eastern states.
After passing the 12th board exams in 2014, Vikas Kumar, of Madhepura in Bihar, took a year’s break to prepare for the engineering entrance exam. The hard work paid off and he managed to scor
When a citizen does not pay due taxes, the result is black money. Everybody gets worked up about it, and rightly so. But when the government collects taxes and does not use the revenue for the inte
NBCC (India) Limited has been roped in as project management consultant for development of a permanent campus in phase one at Indian Institute of Management (IIM) Visakhapatnam. The PSU has bagged
To revive bus ridership, the BMC-run Brihanmumbai Electric Supply and Transport (BEST) reduced its bus fares in Mumbai to minimum Rs 5 for non-AC buses as against Rs 8 earlier for the first five ki
Public-Private Partnerships (PPP) projects are always under scrutiny, given the options of alternative of traditional procurement for the government. The value-for-money debate is one of the essent
Mumbai is building a coastal road to cut through traffic snarls and make life easier for commuters. The ambitious project, part of the city’s Development Plan (DP) 2035, is the second major i
In an attempt to revive the economy hit by the Covid-19 pandemic, the government has decided to bet on infrastructure development in a big way. The union cabinet chaired by prime min
In line with its plans, 17% of work on the Mumbai Coastal Road, the Maharashtra government’s ambitious infrastructure project to decongest traffic movement in the megacity, has been completed
Maharashtra has extended its lockdown restrictions till 28 February and also announced the reopening of local trains for general public. Soon after his review meeting on resumption o
Mumbai’s dependable mode of transport for its large number of population, the BMC-run BEST (Brihanmumbai Electric Supply and Transport) bus service, is upgrading and going for a makeover.
The Department of Economic Affairs (DEA), Ministry of Finance and the Indian Institute of Management Bangalore has organised a virtual advance level training programme
After the recent announcement of the government guarantee for Security Receipts (SRs) to be issued by a public sector-owned National Asset Reconstruction Company Ltd (NARCL), there is a surge of in
The launch of the Gati Shakti master plan will be a booster dose for India growth story. The plan, as the name indicates, will ensure Gati, i.e., speed and Shakti, i.e., empowerment to the ₹1 tri
Access to decent healthcare facilities is a basic right of every individual. But it wouldn’t be far-fetched to say that for a majority of our country’s population – the 65% that r
To ensure bigger access to farm produce and provide new markets with quick transportation and subsidy at 50%, the Kisan Rail has been bringing prosperity, joy, and hope to farmers of Maharashtra. O
The infrastructure sector offers a wide range of investment opportunities, union minister for road transport and highways (MoRTH) Nitin Gadkari said here Friday, encouraging investors to come forwa
Railway Protection Force personnel of the Central Railways saved 47 lives over Mumbai suburban system in 2021. As part of ‘Mission Jeevan Rakshak’, the lives of several n
The Vistadome coaches on Central Railways have received an overwhelming response from passengers. Not only have they boosted tourism and registered an occupancy of 20,407 passengers but also clocke
The anxiety and chaos that we face on our city roads are endemic, dangerous, and deadly. It emerges from a combination of too many vehicles, road conditions, ineffective traffic controls, poor plan
Amidst the third Covid-19 wave raging the country, India`s finance minister Nirmala Sitharaman delivered her shortest ever budget speech and presented the budget of 2022-23 on February 1. With a vi
The union budget for 2022-23, presented by finance minister Nirmala Sitharaman in parliament Tuesday, has been described as growth-oriented. In Prime minister Narendra Modi’s words, “Th
The Mumbai International Cruise Terminal at BPX-Indira Dock, the much anticipated and ambitious project of Mumbai Port Authority, is expected to be commissioned by July 2024. Mumbai
Preparing the infrastructure ahead of monsoons, Mumbai municipal commissioner IS Chahal has ordered formation of two squads in every ward for desilting and cleaning of nullahs in the city starting
In an open letter, Mumbai Mobility Forum, a transport think tank based in Mumbai has suggested Railway Minister Ashwini Vaishnaw to electrify and introduce more and longer trains and reducing the t
Even as the Congress has moved the Supreme Court alleging cost escalation in Mumbai Sewage Disposal Project-II (MSDP-II), the BrihanMumbai municipal corporation (BMC) has gone ahead and issued work
Union minister for road transport and highways Nitin Gadkari has urged people to use ethanol as the preferred fuel in future. He said that compared to Rs 115 per litre for petrol, ethanol at Rs 64
Work on the first metro in Mumbai started in 1998 and it became operational in 2014. The second metro became partly operational in 2022; it is expected to become fully operational in another year.
In Mumbai, the ninth most populous and congested city on the planet, high rentals compel citizens to spend five hours on an average travelling to work every day. Mumbai’s Metr
Prime minister Narendra Modi on Friday flagged off the world’s longest river cruise, MV Ganga Vilas, and inaugurated the Tent City at Varanasi via video conferencing. He also inaugurated and
Prime Minister Narendra Modi on Thursday inaugurated phase 2 of Mumbai Metro Rail Lines 2A & 7, worth around Rs 12,600 crore. He was in the city to inaugurate and lay the foundation stone of pr
On mission mode, Indian Railways` Freight loading for first ten months of this financial year 2022-23 has crossed last year’s loading and earnings for the same month. On cumula
Urging use of alternative and cost effective fuels to reduce pollution caused by vehicles, union road transport and highways minister Nitin Gadkari on Thursday said finding cost-effective fuels is
Prime Minister Narendra Modi will visit four states – election-bound Chhattisgarh, Telangana and Rajasthan apart from Uttar Pradesh on July 7-8 and will launch a slew of project worth around
Central Railways has earned Rs 17.58 crore revenue from scrap sale of 138 mail/express coaches between April 2022 and June 2023 with average earnings of Rs 12.73 lakh per condemned coac
For the development of railway stations on a continuous basis with a long term vision, prime minister Narendra Modi will lay the foundation stone for 508 Railway stations across the nation under th
Kolkata Metro Railway has decided to use composite aluminium third rail in all the upcoming corridors being undertaken for construction along with retro fitment in existing corridor with steel thir
India’s capital expenditure as a percentage of GDP increased from 1.7% in 2014 to nearly 2.9% in 2022-23. In the 2023-24 budget, the government allocated Rs 10 lakh crore (3.3% of GDP) for in
With increase in the number of cars, burgeoning traffic and parking on both sides of Mumbai’s congested roads, city-based transport expert Ashok Datar has urged Maharashtra deputy chief minis
The ministry of ports, shipping and waterways is organising the Global Maritime India Summit 2023 (GMIS-2023) in Mumbai from on 17-19 at MMRDA, BKC. The event, which is going to be the 3rd edition
Prime minister Narendra Modi laid the foundation stone and dedicated to the nation multiple development projects worth about Rs 4200 crore in sectors including rural development, road, power, irrig
Hardeep Singh Puri, the minister for housing & urban affairs, has emphasized on government’s unwavering commitment to strengthening the urban transport network across the country. He was
Two level of roads not enough, BMC to have triple traffic jams through underground junctions There is no shortage of short-sighted traffic experts who believe that creating
With infrastructure projects worth over Rs 75,000 crore slated to be commissioned in 2024, Mumbai Mobility Forum (MMF), a think tank consisting of transport and urban planners, architects, economis
Prime minister Narendra Modi on Friday inaugurated ‘Atal Setu’, India’s longest sea bridge, in Mumbai, making it easier for thousands of commuters to commute between two parts of
Prime minister Narendra Modi laid the foundation stone of eight AMRUT (Atal Mission for Rejuvenation and Urban Transformation) projects worth around Rs 2000 crores in Solapur, Maharashtra on Friday
India’s richest civic body, BrihanMumbai Municipal Corporation (BMC), has unveiled its budget of Rs. 59954.75 crore for 2024-2025, an increase of 10.50% over previous year budget of Rs 54256.
The right-hand side (RHS) of the Coastal Road, named ‘Dharmveer Swarajya Rakshak Sambhaji Maharaj Coastal Road’, linking Worli Sea Face and Marine Drive, has opened for cars and buses a
India is the world’s fifth largest economy with a GDP of USD 3.7 trillion today, and it is expected to become the third largest economy with a GDP of USD 5 trillion in five years. The Narendr
Mumbai’s ongoing infrastructure boom – with a new coastal road, Atal Setu, metro lines and much more – creating transport corridors – is comparable to that of Manhattan in N
The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation,
Revising the tariff structure of petroleum products pipelines transportation (PPPL), Petroleum and Natural Gas Regulatory Board (PNGRB) has announced new applicable rates for third party users of t
The Cabinet Committee on Economic Affairs (CCEA), chaired by prime minister Narendra Modi, has approved three projects of the ministry of railways with a total estimated cost of approximately Rs. 6
One of the busiest and oldest railway systems in the world, Indian Railways, is the country’s lifeline. Prime minister Narendra Modi has given increased focus on the modernisation of the nati
Several key decisions aimed at enhancing connectivity, infrastructure, and economic development within the Mumbai Metropolitan Region (MMR) were taken at the 158th meeting of the Mumbai Metropoli
