Highways Financial News
07.11 / 07:33
06.11 / 20:05
UPS
Waves
Waters
Highways
Southern
cover
volunteers
Baby girl and her mother among those lost in Spain's catastrophic flooding
Jorge Tarazona is mourning the loss of his three-month-old niece and sister-in-law after they died in last week's catastrophic flooding in eastern Spain
05.11 / 17:11
markets
Digital
Election
Highways
Experts
PAM
Union Minister Naidu suggests network of 50 helicopter emergency medical services units along national highways
K Rammohan Naidu on Tuesday proposed developing a network of more than 50 helicopter emergency medical services units along national highways and expressways. At a conference in the national capital, the minister also mentioned about setting up a helicopter accelerator cell within the civil aviation ministry for addressing the regulatory and operational needs of the helicopter industry.
04.11 / 23:51
UPS
Analysis
Highways
Inside
reports
Traffic
Investigations
US agency ends investigation into Ford engine failures after recall and warranty extension
U.S. auto safety regulators have ended an investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles
04.11 / 01:17
markets
Pool
Highways
Trade
REITs vs InvITs: 5 differences to know
investment vehicles that allow people to pool money and invest. 2.REITs invest in real estate properties, such as office buildings, shopping malls, hotels, and residential apartments. InvITs invest in infrastructure assets like highways, power plants, airports, etc. 3.REITs generate revenue primarily through leasing, renting or selling real estate properties. InvITs generate income from fees paid by users of infrastructure assets, such as tolls, tariffs, and usage fees. 4.REITs are typically more liquid due to lower price units and smaller trading quantities as compared to InvITs. 5.REITs are subject to market risks and property value fluctuations, whereas InvITs are more prone to political and regulatory risks.
03.11 / 15:59
markets
Digital
Aviat
Progressive
Highways
PAM
country
"In last 10 years...we have made very significant progress": EAM S Jaishankar on India's growth
Indian diaspora at the University of Queensland in Brisbane, Australia. The EAM attributed this progress to a series of interconnected efforts aimed at enhancing business conditions, improving the quality of life, and radically transforming the nation's infrastructure. Jaishankar elaborated on the initiatives that have contributed to this transformation, including the ambitious Gati Shakti program, which focuses on comprehensive infrastructure development.
02.11 / 19:19
markets
Digital
Google
Election
Highways
PAM
social
Maharashtra elections: PM Modi to boost BJP's campaign with several rallies from November 8 to 14
BJP leaders said that PM Modi is likely to address 11 rallies between November 8 and 14. Maharashtra BJP chief Chandrashekhar Bawankule told that PM Modi is expected to address election meetings in Dhule and Nashik on November 8, Akola and Nanded on November 9, Chandrapur, Chimur, Solapur and Pune on November 12 and Sambhajinagar, Navi Mumbai, and Mumbai on November 14.
02.11 / 04:27
01.11 / 14:31
markets
Digital
Highways
community
RAI
Department
Manipur: Officials say more funds sanctioned to hilly areas than to valley areas
Manipur said that a higher amount of funds was sanctioned in the hilly areas than in the valley areas. Some tribal organisations, tribal leaders and MLAs have been accusing the state government of imbalanced allocation of funding of the Central Road Infrastructure Fund (CRIF) under the Ministry of Road Transport and Highways. Ningombam Subhash, the Chief Engineer of Manipur's Public Works Department, said that between 2020-21 and 2024-25, Rs 2,395.51 crore was sanctioned for different road and bridge projects in the hill areas of the state while Rs 1,300.21 crore was sanctioned for the valley areas.
29.10 / 07:29
markets
Google
Highways
RAI
country
Videos
Govt creating system that gives opportunity to every youngster: PM Modi
Rozgar Mela' after distributing appointment letters for government jobs to over 51,000 people, he spoke of his government's efforts to boost the presence of new technologies and modern sectors such as space and semiconductors so that new employment opportunities are created. In his video address, Modi said earlier governments lacked in policy and intention, leading to India falling behind the world in rising sectors, including in modern technologies. Old and outdated technologies used to be brought to the country, he added. «A mindset existed that believed that modern technologies cannot develop in our country. This mindset did us a lot of harm,» he said, stressing that if industries which generated employment in the modern world did not exist in the country then creating new employment opportunities would be difficult.
27.10 / 16:51
markets
MET
Assurant
Strategy
Highways
Experts
Paddy procurement: Punjab farmers decide to lift road blockade
paddy procurement Sunday evening decided to lift their blockade from national highways at four places in Punjab but said their roadside sit-in would continue. The farmers under the banner of Kisan Mazdoor Morcha on Saturday held road blockades at a few places in the state for an indefinite period to protest the «tardy» paddy procurement and lifting and other issues. On Sunday, a two-and-a-half-hour meeting was held between the farmers' representatives with two Punjab ministers, after which agitating farmers declared to lift their blockade. The meeting was held between Food and Civil Supplies Minister Lal Chand Kataruchak and Agriculture Minister Gurmit Singh Khudian, leaders of farmers' bodies including Sarwan Singh Pandher of Kisan Mazdoor Morcha, Manjit Singh Rai and Satnam Singh Sahni of BKU(D) and ADGP (Law & Order) SPS Parmar, DIG (Border Range) Satinder Singh and other officials.
27.10 / 02:03
markets
Digital
security
Highways
Experts
PAM
Schools
J-K: Terrorist hideout busted in Poonch; two grenades, three Pakistani mines recovered
Indian Army's Romeo Force, in a joint operation with Special Operations Group (SOG) police, busted a terror hideout in the Balnoi sector in Poonch, officials said. According to the Poonch police, the operation that took place on Saturday led to the recovery of two grenades and three PakistMines from the hideout. Meanwhile, a search operation was carried out in Tangmarg and several parts of Jammu and Kashmir as the Indian Army and police intensified their searches to trace the accused in terror attacks in Gulmarg, Baramulla in north Kashmir and Gagangir in the Ganderbal district of the Union Territory.
26.10 / 16:17
MET
awards
Highways
Department
Courts
Mizoram: In a first, compensation to be awarded to two parties claiming same plots of land so that work can begin
Mizoram Chief Minister Lalduhoma stated that the Ministry of Road Transport and Highways will award a compensation to two parties claiming same plots of land; so that the construction work of a four-lane highway between Vairengte and Sairang can begin adding that this is the first compensation of such its kind in the history of India. Lalduhoma while talking to media persons said that during his week-long tour of New Delhi, he participated in a review meeting on highways led by the Minister of Road Transport and Highways, Nitin Gadkari. The Chief Minister stated that he later met Gadkari and apprised the Minister that the construction of a four-lane highway between Vairengte and Sairang cannot be started as forest clearance could not be obtained; and added that though the Supreme Court had directed the Chief Secretary to find an alternative solution to the problem, the claim of the land by both the forest department and the land owners has credibility with both parties accurate in their claim.
25.10 / 21:15
Provident
Parke
Highways
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Relationships
park
Ontario mom killed in front her kids at Ottawa park deemed femicide by police
An Ontario mother who was killed in front of her children at a park in the nation’s capital is another case of femicide, Ottawa police say.
25.10 / 19:33
markets
COST
Target
Digital
security
Strategy
Highways
Varanasi ropeway project gets Rs 322 cr funding from Swiss firm
Narendra Modi's constituency Varanasi, has secured $40 million or over Rs 322 crore of funding from Switzerland's Xport Finance, company's executive director Shivdutt Das told ET. The National Highways and Logistics Management Limited (NHLML), under the administrative control of the ministry of road transport and highways and a 100% owned company of the National Highways Authority of India, has entered into a 60:40 joint venture with VSE to construct the ropeway, sharing 60% of the estimated Rs 807 crore cost of the project. The project could be completed ahead of schedule by early next year as against the earlier target of August 2025, he said. «We had initially targeted to deliver the Varanasi ropeway project by August 2025. At the current pace of work, we should complete it before time,» Das said.
25.10 / 05:07
markets
UPS
Aware
Manufacturing
Highways
country
Top stocks in India's EV charging megatrend
Subscribe to enjoy similar stories. When it comes to electric vehicles (EVs), both investors and the media tend to focus on the makers of these vehicles. However, the other players in the EV ecosystem can often be the game changers.
24.10 / 00:23
Aware
Align
awards
Highways
Deloitte
Celebrity
Traffic
Why India's monster highway building plan is in the slow lane
Subscribe to enjoy similar stories. The Centre has put its grand highway expansion plan spanning decades on the backburner, shifting its preference to short-term projects that can be approved and rolled out quicker, two people aware of the change said. The complexities of long-duration projects prompted the Union road ministry to stop pursuing its Vision 2047 blueprint, the people cited above said on the condition of anonymity.
23.10 / 12:57
Provident
Google
Sustainability
WhatsApp
Highways
country
Schools
Road ministry decides to double 'defect liability period' under EPC contracts to 10 years: Gadkari
Nitin Gadkari on Wednesday said the government has decided to double the 'defect liability period' to 10 years for contractors of engineering, procurement and construction (EPC) projects. Currently, under EPC projects, the responsibility for maintenance of national highways lies with the government after the defect liability period (5 years) is over. «The quality of roads built under EPC mode is not good. The defect liability period under EPC mode is 5 years… and within 3 years, there are lots of problems on roads,» Gadkari said at an event here. The road transport and highways minister noted that the roads built under BOT (build-operate-transfer) or HAM (Hybrid Annuity Model) mode are in good condition because the responsibility of maintenance of roads lies with the contractor and he has to pay the price.
23.10 / 11:39
Provident
Waters
security
economy
Highways
community
boating
Villagers are wary of plans to dam a river to ensure Panama Canal's water supply
The Panama Canal Authority is reaching out to communities that could be impacted if the Indio River is dammed to make a new reservoir ensuring the water supply needed to operate the Panama Canal
23.10 / 09:17
Waters
Aware
Enterprise
awards
Highways
Experts
reports
Montecarlo explores sale of nine road assets in $360 million deal
Subscribe to enjoy similar stories. New Delhi: Ahmedabad-based Montecarlo Ltd, an engineering procurement and construction company, is exploring the sale of nine road assets in a deal expected to have an enterprise value of around $360 million (about ₹3,025 crore), said two people aware of the development. These nine road assets, or projects, fall under the so-called hybrid annuity model, which is considered attractive due to its risk-mitigation qualities.
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