Highways Financial News

A U.S. government investigation into unexpected automatic braking involving nearly 3 million Hondas is a step closer to a recall

Dubai Airport has issued advisories urging passengers to avoid unnecessary travel due to operational challenges caused by severe weather conditions. Dubai Airport advised travelers to refrain from visiting the airport unless absolutely essential, as flights continue to face delays and diversions as the emirate received record rains. Airport authorities emphasized the ongoing efforts to restore normal operations amid challenging circumstances. Emirates airline has suspended check-in services at Dubai International Airport (DXB) for all flights scheduled on April 17, citing safety concerns and operational disruptions. Passengers have been urged to contact the airline for assistance and rebooking options.

₹3.4 trillion debt while working on reducing the debt servicing obligations of the highway developer, which is also the prime agency for surface infrastructure development in the country. The Centre is in talks with the NHAI’s long-term bondholders for prepayment, the second person said, also on condition of anonymity, adding the roadmaker's interest payments are taking up a big chunk of the government’s annual budget allocations. The NHAI has raised funds through fixed coupon rate bonds with tenures of five, 10, 15, 20, 25 and 30 years.

Himachal Pradesh. The state and its neighbouring hilly areas are likely to witness thunderstorms accompanied by lightning, hail and gusty winds at the speed of 30-40 km per hour in isolated areas from April 18-21. Adverse weather conditions have led to the closure of 112 roads, including three national highways, in Himachal Pradesh.

capital gains tax. 2.These are typically used to defer tax on capital gains arising from the sale of assets, such as real estate or shares. 3.The capital gains bonds are issued by governmentbacked organisations like Rural Electricity Corporation or the National Highways Authority of India. 4.There is a lockin period of 5-7 years and the interest earned on capital gains bonds is taxable. 5.The maximum amount of capital gains that can be invested in these bonds to claim tax exemption is Rs.50 lakh per financial year.

Mata Vaishno Devi Ji Pracheen Marg Pavitra Chhari Yatra' at holy Kol Kandoli Temple in Nagrota here. Sinha paid obeisance at the temple and later flagged off the 'Chhari Yatra' carrying 'holy Jyot', an official spokesperson said. He said the Yatra will pass through the heritage route before reaching Oli Mata temple Bamyal-Chhapanoo. The Lt Governor greeted the devotees and prayed for peace, progress and prosperity of J-K, the spokesperson said.

₹60,000 crore from monetization in the current fiscal, two people aware of the matter said. While the marque toll-operate-transfer (TOT) highways will form a large portion of the exercise, a third of this money is likely to come from the NHAI InvIT, and private InvITs that may be directly offered road projects for the first time this year, one of the two persons quoted above said. The higher monetization in FY25 is expected to maintain the momentum gained in last fiscal when for the first time a sum of ₹38,334 crore was mobilised from ToT, InvIT and project-based financing.

The U.S. is investigating a Ford recall for gasoline leaks from fuel injector cracks that can cause engine fires, saying that the remedy doesn’t fix the leaks

Pakistan news: Lighting strike amid heavy downpours in parts of Balochistan and Punjab killed at least 14 people in the two provinces on Satutday. A Geo News report, quoting officials said four of the 14 were killed in Surab, Dera Bugti, and Pishin districts of Balochistan after westerly waves entered the province, while two youths, Farid Ahmed and Jabir Ahmed, were sitting in a garden of Tanak area in Surab district, when a lighting kill them on the spot. Two children were also killed in Basti Kalwar of Rahim Yar Khan among others.

avalanche warning", the authorities advised people living in these areas "to take precautions and avoid venturing in the avalanche prone areas". ALSO READ: IMD issues ‘yellow alert’ for heatwave in Odisha, heavy showers in THESE states; check full forecast here The Jammu and Kashmir State Disaster Management Authority also issued a number for any assistance. "Dial -112 for help," it said.

New Delhi: The government is planning to widen all bridges running across highways to make them as wide as the highways themselves. Narrowing road bridges across highways are often blamed for vehicles crashing through parapets and crash barriers.

Federal investigators say the driver of a Ford electric SUV involved in a February fatal crash in Texas was using the company’s partially automated driving system before the wreck

astrologer in the United States reportedly killed her husband and kids fearing bad effects about solar eclipse. Danielle Johnson, who provided spiritual services like «aura cleanses» and zodiac readings, stabbed her husband. Then she took off in a Porsche Cayenne with her two daughters, one nine years old, the other only eight months, only to shove them out of the car while driving on a highway. Only the nine-year-old child survived. Before committing the crime, Johnson reportedly told followers that Monday's total solar eclipse in North America was «the epitome of spiritual warfare.»

The National Transportation Safety Board is investigating a March crash near Philadelphia that killed two people and involved a Ford electric vehicle that may have been operating on a partially automated driving system

India's highway toll collection in FY24 increased by 34.9% year-on-year to a five-year high of ₹64,809.86 crore, helped by an increase in tolled roads and their users, according to government data. Year-wise, toll collection stood at ₹25,154.76 crore in 2018-19, ₹27,637.64 crore in 2019-20, ₹27,923.80 crore in 2020-21, ₹33,907.72 crore in 2021-22 and ₹48,028.22 crore in 2022-23. A senior official said a shift to satellite-based toll collection is expected to add to the revenue. «We are doing pilots across different stretches and based on the feedback, the system will be rolled out pan India in a graded manner,» the official said.

New Delhi: The Ministry of Road Transport and Highways, in the first 100 of the formation of the next government, could unveil a mega plan for building 50,000 km of new, access-controlled, expressways by 2037 to help reduce logistic costs. The programme is expected to replace the Bharatmala scheme and will sync all future road projects with the government’s Vision 2047 for the sector. Besides, the government is considering satellite- or GPS-based tolling on select stretches by replacing FASTags to do away with wait time at toll plazas, and rolling out a cashless treatment facility for all road accident victims. The first 100 days of the new government will see the ministry laying down short-, medium- and long-term targets across the identified areas as part of the comprehensive development of India’s road transport sector, a senior government official told ET.

Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the company’s semi-autonomous driving software

solar eclipse and telling people that God told her to do it.Taylon Nichelle Celestine faces charges of attempted murder and aggravated battery for the Monday shootings. She is accused of injuring two people after opening fire on vehicles travelling Interstate 10 through northern Florida.One victim was shot in the neck and is currently in the hospital receiving treatment.

₹2.64 trillion provided in the budget. Officials said that capex spending of MoRTH has remained over 90% level in previous five years and in fact above 98% in three of the five years with the exception of FY20 when it was 91% and FY22 when it stayed at 93%.

The town of Rolling Fork, Mississippi, has struggled to rebuild after a devastating tornado struck last year

Greta Thunberg was detained twice by the police during a demonstration in the Netherlands after she protested against fossil fuel subsidies by blocking a major road with a group of marchers on Saturday, Al Jazeera reported. Over 400 people were detained on Saturday, according to the police, including 12 for incitement. Activists said Thunberg was freed later.