Highways Financial News

federal investigation into whether Tesla's partial-automation system marketed as Full Self-Driving is defective after a series of crashes, one of which resulted in a fatality. The National Highway Traffic Safety Administration said Friday it will assess whether Tesla's system, also known as FSD, has the ability to detect and appropriately respond to fog and other reduced visibility conditions. The agency said four crashes have been reported in such scenarios where FSD was engaged.

The U.S. government’s road safety agency is investigating Tesla’s “Full Self-Driving” system after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian

projects under Bharatmala Pariyojana that were halted in November 2023 will now be awarded directly by the ministry of road transport and highways. Projects costing less than `1,000 crore will be awarded over the next few months, a senior official said. The government is looking to fast-track the award of road contracts that had considerably slowed down this fiscal year, with Bharatmala being put on hold due to cost escalation.

Manipur chief minister N Biren Singh claimed that economy of the state is reviving. He said GST collection has shown an 18% growth in the period of May to September in 2024 compared to similar period in 2023. Biren in a series of post in X, «Sharing some key achievements that prove progress is possible, even through the challenges Manipur has faced over the past one and half year. The State Government has been making various efforts towards economic recovery following the unrest that started on 3 May 2023. Following these efforts our State’s economy has shown recovery. The State’s Own Resources (including State GST) has shown an 18% growth in the period of May to September in 2024 compared to similar period in 2023». He added, «We have also made various efforts to expedite delayed projects. We are resolving various land related matters for National Highway and Railway projects. Solutions have been found for the land related matters for Railways and about 50% of pending land has been made available in the last one year for National Highway Projects.In the last year we have also started some major projects. The Lamphelpat Water body Rejuvenation Project with a cost of Rs. 650 crore is under implementation. This project will enable us to prevent floods in greater Imphal area and also provide an open space for citizens as well as an alternate drinking water source».

A new study compiling decades of fatal motorcycle crashes is being released by the Insurance Institute for Highway Safety, which is pushing for stricter state road safety laws

CDPQ is set to acquire five build-operate-transfer (BOT) toll road assets of Ashoka Concessions, a subsidiary of highway builder Ashoka Buildcon, for an enterprise value of ₹4,500 crore, said people aware of the matter. The deal will be signed this week, the people said, adding the assets will be bought by CDPQ through its infrastructure trust-Indian Highway Concession Trust (IHCT).

Hurricane Milton barrels toward Florida, expected to make landfall some time Wednesday evening, locals across the state are scrambling to make emergency preparations and hundreds of thousands are attempting to leave what are expected to be the hardest-hit areas.But with one million people in coastal areas under evacuation orders, highways to higher ground clogged and gas stations running out of fuel, many Floridians are choosing to stay — hoping they can ride out the storm.It’s a huge gamble. On Tuesday, Tampa Bay Mayor Jane Castor issued a blunt warning for those in her city: “If you choose to stay in one of those evacuation areas, you’re going to die,” she told CNN, and later noted that the up to 4.5 metres of storm surge expected in her city would be deep enough to swallow an entire house.“So if you’re in it, basically that’s the coffin that you’re in,” she said.The Tampa Bay area, home to more than 3.3 million people, faces the possibility of widespread destruction after avoiding direct hits from major hurricanes for more than a century.

The National Highway Traffic Safety Administration is investigating complaints about some JuiceBox residential electric vehicle chargers after reports of fires and other electrical malfunctions

Honda Motor Co. is recalling close to 1.7 million vehicles due to a manufacturing issue that could make it difficult to steer the vehicles and lead to crashes

The hunt for gasoline is among the many stresses for Floridians preparing for Hurricane Milton, regardless of whether they plan to ride it out or evacuate

Jack Doherty, a 20-year-old content creator known for his daring stunts, crashed his McLaren 570S during a live-streamed drive in Miami on October 5. Driving on a wet highway, Doherty reportedly glanced down at his phone, losing control of the vehicle. As he sped down the slippery road, he suddenly exclaimed, «No, no, no!» before veering into a guardrail.

The live-streaming platform Kick has banned a controversial influencer from its service after he broadcast himself crashing his McLaren on a Miami highway while appearing to be distracted on his phone.

Farmers in a remote part of Burundi know to look for a truck parked by a highway when they want to sell their avocados

Tesla is recalling more than 27,000 Cybertrucks because the rearview camera image may not activate immediately after shifting into reverse, the fifth recall for the vehicle since it went on sale late last year

Tesla is recalling more than 27,000 Cybertrucks because the rearview camera image may not activate immediately after shifting into reverse, the fifth recall for the vehicle since it went on sale late last year. Tesla has released a free software upgrade to address the issue and owner notification letters are expected to be mailed November 25. Cybertruck owners have had to deal with a series of recalls since the vehicle went on sale in November. In June, there was a recall to fix problems with trim pieces that can come loose and front windshield wipers that can fail. Two months before that, some Cybertrucks were recalled because the accelerator pedal could stick. In the most recent recall, the company notified the National Highway Traffic Safety Administration that the display screens in effected trucks may remain blank for up to 8 seconds after a driver shifts to reverse. The US requires those screens to activate with a rearview within 2 seconds of shifting into reverse.

heavy rainfall across various locations in Bagmati and Koshi urging people to exercise caution while travelling. Issuing a notice, the authority warned that heavy rainfall is expected till Friday. «After the heavy rainfall since last week of September, land mass in various locations have weakened and light rainfall also can contribute to further destruction resulting in landslide and flash floods,» the authority stated in the notice. The authority also has alerted people to be cautious before travelling. It also has requested all to take shelter in safer places along the highway in case of heavy rain. The warning comes after the Weather Forecasting Division said that monsoon winds are currently affecting the country.

The National Highway Traffic Safety Administration says that General Motors’ Cruise autonomous vehicle division will pay a $1.5 million penalty as part of a consent order after the unit failed to fully report a crash involving a pedestrian

IPF) on Monday announced plans to develop at least two additional poly parks in West Bengal, alongside its existing Sankrail polypark, in response to rising demand and fresh capex in the sector amid anti-plastic rhetoric by certain groups. The plastics lobby also revealed that, due to a shortage of skilled manpower, it is set to launch a sector skill centre at Sankrail in Howrah district, which is pending approval from the National Skill Development Corporation (NSDC). «Approximately Rs 3,000 crore worth of capital expenditure is already planned over the next few years, which could potentially generate around 2 lakh new jobs in the state. Given this scenario, more poly parks are needed. One is planned for Uluberia on a 50-acre land parcel, while we are scouting for a suitable site along the Durgapur Highway for the other,» said IPF President Lalit Agarwal on the sidelines of the 65th AGM. Agarwal added that the IPF is ready with the infrastructure for the skill development centre at the Sankrail poly park and is awaiting NSDC approval.

California bill would have required new cars to beep at drivers when they speed.

Makwanpur district are missing, believed to have been caught in a landslide triggered by heavy rains, the ANFA said on Saturday. The rains, which have caused several fatalities in the area, led to the incident. The incident occurred in Indrasarowar, not far from the capital Kathmandu, while the players were moving to a safer location, ANFA said in a statement. «Search efforts are currently underway… the other players who were at the same location have been safely moved to a secure area,» ANFA added.

landslides that killed at least 10 people with seven missing during the last 24 hours, while disrupting transport, officials said on Saturday. Most rivers in the Himalayan nation have swollen, spilling over roads and bridges, authorities said, after nearly a week's delay in the retreat of South Asia's annual monsoon rains brought torrential downpours across the region. Police were working to clear debris and re-open roads to traffic after landslides blocked highways at 28 locations, police spokesman Dan Bahadur Karki said.