Budget 2025 may prioritize Railways over Highways, says Nuvama Report, ET Infra
The upcoming Union Budget for 2025-26 is expected to focus more on the railways sector than highways, according to a report by Nuvama. This marks a significant shift in infrastructure priorities, with railways likely to receive increased budgetary allocations. In the previous financial year (FY24), the highways sector received an
Odisha set for an industrial revolution, golden period for infra development: Majhi, ET Infra
Odisha Chief Minister Mohan Charan Majhi on Sunday said the state is set for an industrial revolution and a golden period for infrastructure development. Majhi said the ‘double engine’ government will ensure ‘double development’ of the state. “I firmly believe that with the joint efforts of the Central government and
Governor Jishnu Dev Varma, ET Infra
The Telangana government is embarking on an ambitious vision for the future, including development of a Future City which aims to position the state as a global hub for technology and innovation, Governor Jishnu Dev Varma said on Sunday. In his Republic Day address here, he said the government also
DK Shivakumar requests funds for Bengaluru’s mega infrastructure projects, ET Infra
Shivakumar outlined a series of critical projects that require financial support from the Centre, including tunnel roads, flyovers, the Peripheral Ring Road (PRR), and improvements to the city’s water supply. Karnataka Deputy Chief Minister D K Shivakumar wrote to Union Finance Minister Nirmala Sitharaman on Saturday, requesting the inclusion of
Noida Authority renews demand for Rs 10k cr unused Unitech land, ET Infra
On Dec 4, 2024, the court issued another directive, instructing Noida Authority to approve the entire 14.1 lakh sqm of Express City project in Sectors 96, 97 and 98, including the second segment. Noida Authority has reiterated its demand to reclaim over 8.5 lakh sqm of unused land allotted to
Amit Shah inaugurates, lays foundation stone for 37 development projects worth approximately Rs 651 crore in Ahmedabad, ET Infra
“>Conveying gratitude to the residents of Ranip, he said, “The people of this area have elected me five times as an MLA and twice as an MP. Serving this region is my duty.” Union Home Amit Shah inaugurated and laid the foundation stones for 37 public welfare projects worth approximately
Naxal-hit states get Rs 3,450 cr in FY24 for improving infrastructure, ET Infra
To combat left-wing extremism (LWE), the Centre provided ₹3,450 crore of funding in 2023-24 to the eight LWE-affected states to fill the critical gaps in public infrastructure and services in the most affected districts. There are 25 most LWE affected districts across eight states, according to the government. The Centre
MMRDA signs MoUs worth $40 billion in WEF to transform Mumbai’s infra, ET Infra
Representative image MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) signed 11 memoranda of understanding (MoUs) worth $40 billion (approximately Rs 3.5 lakh crore) at the World Economic Forum (WEF) in Davos, aiming to reshape infrastructure in the Mumbai Metropolitan Region (MMR). The investments focus on urban transport, regional development
Blackstone plans to invest $11 bn in Maha, nearly half in Mumbai 3.0, ET Infra
Blackstone Group, the world’s largest alternative asset manager, is planning to invest up to $11 billion to develop real estate and infrastructure assets, including data centres, in Maharashtra’s key cities over the next three-five years. The US-based institutional investor has signed three separate agreements in Davos with the state government
Naxal-hit states got Rs 3,450 cr in FY24 for improving infra, ET Infra
To combat Left Wing Extremism (LWE), the Centre has spent ‘100 crore in the past one year on central agencies for hiring helicopters by the Central Reserve Police Force (CRPF), according to annual data of the Ministry of Home Affairs (MHA). The funds were used for payment of bills pertaining