Highways Financial News

ministry of labour and employment has reached out to several ministries including the ministry of panchayati raj (MoPR), ministry of health and family welfare (MoHFW) and the ministry of rural development (MoRD) among others to register the unorganised workers under their ambit on eShram portal, at the earliest. The drive to fast-track onboarding of unorganised workers on the portal is being done as the ministry develops the e-Shram portal as a one-stop solution to extend all scheme benefits to these workers. The portal has over 300 million unorganized workers registered till date since its launch in 2021. The ministry had initially estimated 370 million unorganised workers in the country.

The transportation sector has been severely impacted, with the South Central Railway, headquartered in Secunderabad, canceling numerous train services and rerouting others. The India Meteorological Department (IMD) has issued a warning for extremely heavy rainfall in Adilabad district on Monday.

rainfall in the past two days paralysed life at several places in Andhra Pradesh, especially in Vijayawada and vicinity while 17,000 rain-affected people were evacuated across the state. Budameru, a rivulet on the outskirts of Vijayawada suffered a breach and overflowed at several points on Sunday, leading to flooding at many city localities such as Ajit Singh Nagar, Swathi Theatre area, Police Nagar area and west and central constituencies. According to footage from vernacular news channels, several cars and vehicles were submerged in these areas and others also in Vijayawada due to the flooding. At Rajarajeswari Peta in the city, people were seen wading through chest-deep water on a flooded street.

Labor Day 2024 in USA is on Monday, September 2 as Americans are busy in travelling to favourite spots. Labor Day is recognized as federal holiday. Labor day date changes from year to year as last year the occasion fell on September 4. Next year, Labor Day is on September 1. Labor Day celebrations began in September 1882 in New York after unions organized parade. On Labor Day 2024, people in the USA can send each other wishes, message, greetings over SMS, WhatsApp, Instagram, and Facebook. Here are a few online messages that one can send.

State Bank of India (SBI) has launched a new design for its FASTag which aims to reduce the travel time for commuters. According to a press release dated August 30, 2024, «The bank has introduced a new design for SBI FASTag in the Vehicle Class (VC-04) category. The advanced FASTag design enhances vehicle identification and toll collection efficiency aimed at reducing travel time for millions of commuters in India.»

Vishakhapatnam (Andhra Pradesh):: Five workers, including three women, were admitted to a hospital on Saturday after a chemical powder bag broke while it was being loaded from a container to the godown in Sravan Shipping Services Pvt Ltd. Vishakhapatnam Police Commissioner Shanka Brata Bagchi stated, «Four out of the five workers are now in stable conditions and one worker has been admitted to the ICU in Simhagiri Hospital, Gajuwaka.» Earlier, on Tuesday, five people died in a road accident after a container truck collided with a car travelling from Kadapa to Guvvalacheruvu, officials said on Tuesday.

Jaguar is telling owners of about 3,000 electric SUVs to park them outdoors and away from structures due to the risk of battery fires

Transport ministers from Turkey, Iraq, Qatar and the United Arab Emirates are meeting in Istanbul to discuss a multibillion-dollar regional transportation project designed to ease the movement of goods from Asia to Europe through Iraq

₹1 trillion mark. The stock has delivered staggering 30-fold returns since its listing in 2019. Is this steep rise justified? To answer that we first need to understand RVNL’s business model.

Labor Day 2024 in the USA is just days away and millions of Americans will be travelling. Airports, highways, beaches and theme parks are expected to be packed for the long holiday weekend. The Transportation Security Administration anticipates screening more than 17 million people between Thursday and next Wednesday — a record for the Labor Day period. AAA says bookings for domestic travel are running 9 per cent higher than last year for the holiday weekend, while international trips are down 4 per cent. American Airlines plans to have its largest Labor Day weekend operation ever and expects a 14 per cent increase in passengers compared to last year. If you are traveling to get a last blast of summer, here is a rundown of what you need to know.

New Delhi: The government plans to launch a dedicated portal for land acquisition for coal mining, said two people aware of the development, citing the biggest pain point in India’s push for the fossil fuel. The coal ministry portal will digitize records in the land acquisition process, including approvals for acquisitions and disbursal of compensation to the displaced. "The land acquisition process will be completely digitized now with the 'Coal Land Acquisition and Management Portal, CLAMP'.

policy to allow strengthening of ageing national highways through 'white-topping' to increase their lifespan. The focus will be to rehabilitate flexible, or asphalt, pavement which constitutes the most important and largest component of the ageing national highway network. The ministry of road transport and highways has sought comments on a draft policy that lays down the technique, its benefits and the selection criteria for identification of national highways to be rehabilitated. India currently has a national highway network of about 146,000 kilometres. «As India is building more and more two-, four- and six-lane national highways and expressways, the quantum of aged assets is increasing which warrants rehabilitation to extend its life further,» a senior government official told ET.

Chamoli district, reported TOI. The heavy rainfall has also caused significant disruption across the state, blocking 142 roads, including highways and village routes. The State Emergency Operation Centre reported that since the monsoon began in Uttarakhand on June 15, rain-related natural disasters have claimed 62 lives. Additionally, the storms on Sunday resulted in another 63 roads being blocked throughout the state, according to the TOI report. Heavy rains in Uttarakhand has triggered landslides and flash floods in several places. Dehradun India Meteorological Department Director Bikram Singh had issued a two-day red alert in Uttarakhand on August 22. He had said the state will witness very heavy to extremely heavy rainfall in the coming days 2-3 days.

accidents in Pakistan, Al Jazeera reported, citing local authorities. 12 people were killed on the Makran Coastal Highway in the southwest province of Balochistan, Pakistan's Interior Ministry said on Sunday, while a rescue official said 24 people were killed when a bus plunged into a deep ravine near Pakistan-occupied Jammu and Kashmir (PoJK). The first accident occurred overnight, when a bus carrying Shia pilgrims returning from Iran for religious commemoration veered off the road.

floods that inundated vast areas of the low-lying South Asian country, disaster officials said. The floods were triggered by heavy monsoon rains and have killed at least 42 people in Bangladesh and India since the start of the week, many in landslides. «My house is completely inundated,» Lufton Nahar, 60, told AFP from a relief shelter in Feni, one of the worst-hit districts near the border with India's Tripura state. «Water is flowing above our roof. My brother brought us here by boat. If he hadn't, we would have died.»

post-mortem of the 27 Indian pilgrims who were killed in the tragic bus accident in Nepal was underway in a hospital in the Bagmati province on Saturday, ahead of the transportation of the bodies to Maharashtra, a media report said. At least 27 Indian pilgrims, all from Maharashtra, who were in Nepal for a 10-day tour, were killed and 16 others injured after their bus veered off the highway and fell into a fast-flowing river in central Nepal on Friday. The post-mortem of bodies is being held in the Bharatpur Hospital in the Chitwan district of the Bagmati province, the MyRepublica news portal reported. The bodies were sent from the Anbu Khaireni Hospital to Chitwan for a post-mortem, the report said, quoting Deputy Superintendent of Police Deepak Rai.

U.S. auto safety regulators have closed one of two investigations into the performance of General Motors’ Cruise autonomous vehicles after the company agreed to do a recall

A crash and large fire along a California freeway involving an electric Tesla Semi has drawn the attention of federal safety investigators

industrial real estate IndoSpace is planning to invest over Rs 580 crore to develop two new logistic parks spread over 76 acres in Karnataka as part of the commitment made by the company through a Memorandum of Understanding (MoU) signed with the state government. In 2022, IndoSpace entered into a seven-year pact with the government, with a commitment to invest Rs 3,000 crore in the state's warehousing and logistics industry. This investment, the largest ever by an industrial developer in Karnataka, is expected to create 14,000 new jobs. “These parks will have a total development potential of 1.8 million sq ft and are targeted at industries such as automobiles, engineering, electronics, and third-party logistics (3PL) operators. These parks will be developed in phases, and the work will commence this year with plans to make them operational over the next 2–3 years,” said Rajesh Jaggi, Vice Chairman, Real Estate, The Everstone Group.

National Highway Traffic Safety Administration said on Thursday it was closing its preliminary evaluation into hard braking and immobilization in autonomous ride-hailing vehicles operated by General Motors' Cruise unit. «In view of the recall action taken by Cruise and ODI's analysis of the available data, including data presented by Cruise demonstrating a reduced occurrence of hard braking incidents after the software updates, ODI (Office of Defects Investigation) is closing this Preliminary Evaluation,» NHTSA said in a letter. Cruise still faces investigations by the Justice Department and Securities and Exchange Commission following an accident last October in which one of its robotaxis struck a pedestrian and dragged her 20 feet (six meters).

Digital connectivity in India is set to get a major boost, with three large undersea cable projects — 2Africa Pearls, IndiaAsia-Express (IAX) and India-Europe-Express (IEX) — slated to go onstream between October and next March, expanding existing capacity by more than four times, said people familiar with the matter. 2Africa, among the longest subsea cable systems in the world, spanning over 45,000 km, has investments from Bharti Airtel and Meta, among others. It will have a capacity of 180 terabits per second (tbps), connecting 33 countries, including Sunil Mittal-led Airtel’s landing station in Mumbai. IAX and IEX involve contributions from Reliance Jio, among others. Boost for Data Centre Operators: