Highways Financial News

29.01 / 00:27

Progressive Aware Highways wellness stage country testing Govt mulls carrot-and-stick approach to weed out polluting clunkers

Subscribe to enjoy similar stories. To weed out polluting vehicles older than 20 years from Indian roads, the highway ministry is considering a carrot-and-stick approach. It plans to double the incentives to nudge owners to replace them, and if that doesn’t work, order mandatory scrapping.

27.01 / 23:59

UPS Provident Target Election Highways consequences Capex target should be set at 3.1% of GDP

Subscribe to enjoy similar stories. India’s recent growth outcomes have been shaped to a significant extent by the Government of India’s (GoI) capital expenditure. The post-pandemic recovery in real GDP growth was supported by large expansions in the GoI’s capex, to the tune of ~30% per annum during FY21-24.

27.01 / 11:41

markets Strategy Highways Research country reports Highway development gave a boost to economic growth: IIM Bangalore Study

Highway development in the country since 2013 has had a multiplier effect on India's economic growth with each unit of expenditure made on highway construction resulting in a 3.21 unit increase in GDP growth, shows the preliminary report by the Indian Institute of Management, Bangalore, accessed by ET.

24.01 / 22:43

markets Digital Strategy Metro Highways Experts PAM Strongest nail house owner in China: Man refuses to accept compensation and leave his house, so an entire highway was built around it

Chinese grandfather Huang Ping has now found himself actually living in the middle of a quite newly constructed motorway after he refused multiple compensation offers from the local authorities. According to Metro, the house which is located southwest of Shanghai in Jinxi, the two-story house of Huang Ping now sits surrounded by a highway infrastructure while earning him the renowned local title of the ‘strongest nail house owner’.

24.01 / 13:53

Manufacturing Highways performer information reports Sporting Ford recalls more than 270,000 Broncos and Mavericks due to loss of power problem

Ford Motor Co. is recalling more than 270,000 Broncos and Mavericks due to a power problem that can cause vehicles to stop unexpectedly or fail to start

22.01 / 00:19

UPS Manufacturing Highways Southern stage testing Interviews Railways to work on new bullet train corridors in North, East and South as proposed in BJP manifesto

Subscribe to enjoy similar stories. With Golden quadrilateral of high speed train network in mind, Vaishnaw says Railways to work on new bullet train corridors in North, East and South as proposed in BJP manifesto The government proposes to expand the coverage of high-speed trains, laying the ground for them to run on new routes along the lines of the golden quadrilateral highway network.

21.01 / 21:07

markets COST UPS Action Highways President innovations What's next for EVs under President Trump?

President Donald Trump has signed an executive order promising to eliminate what he incorrectly labels “the electric vehicle mandate” imposed under former President Joe Biden

17.01 / 01:41

markets IPO Provident Analysis Highways Trade Experts Capital Infra Trust InvIT units to be listed today. Check GMP and other details

Capital Infra Trust InvIT, which floated an IPO and received subscription of just over 2 times, will debut on the exchanges on Friday. Ahead of the listing, the company's shares have no GMP in the grey market. This is because InvIT units typically are not actively traded in the grey market like any IPO shares of the companies. InvITs are typically structured as investment vehicles focused on infrastructure assets like roads, transmission lines, or renewable energy projects.

16.01 / 16:49

markets UPS Strategy Highways Death country Faulty road construction should be made non-bailable offence: Highways Minister Nitin Gadkari

Road Transport and Highways Minister Nitin Gadkari on Thursday said faulty road construction should be made a non-bailable offence and road contractors and engineers should be held responsible for accidents and sent to prison. Addressing an event organised by industry body CII, Gadkari further said India is number one in road accidents in the world.

16.01 / 13:33

Highways Trade President country hospital travelers patient Train to Kashmir: How the region’s first rail link with the rest of India will impact its key sectors

Subscribe to enjoy similar stories. Srinagar: The first-ever rail service connecting Srinagar with the rest of the country is set to launch this month, connecting India’s northernmost region like never before. The much-anticipated Udhampur-Srinagar-Baramulla Railway Project (USBRL) promises to transform the Kashmir Valley by seamlessly integrating Kashmir with the rest of India.

16.01 / 10:19

markets BURST Highways hospital reports Traffic How a tempo's tyre burst caused four deaths and a massive traffic jam on the Mumbai-Nashik highway

accident on the Mumbai-Nashik national highway claimed the lives of four people, including a six-month pregnant woman and her five-year-old daughter, early Wednesday morning. The incident also left 15 others injured, with four in critical condition. They are receiving treatment at the Ulhasnagar Central and Thane Civil hospitals, a TOI report stated.

16.01 / 07:29

FIVE Action Highways reports Department Traffic Investigations NHTSA closes preliminary investigation into General Motors' Cruise robotaxis

U.S. automobile safety regulators are closing their preliminary investigation into General Motors’ Cruise robotaxis without taking further action

15.01 / 16:41

markets Provident Strategy Highways community travelers Ethnic crisis makes travel difficult, high airfares a burden: Manipur CM

Chief Minister N. Biren Singh said that due to the ethnic crisis, people are unable to use the highways to travel outside the state and high airfares are a big burden on them.

13.01 / 10:29

markets Citi Manufacturing CEO Platform Highways EcoBox Industrial Parks acquires 50 acres in Chennai for 1.2 million sq ft development

EcoBox Industrial Parks, a newly formed operating platform of Logicap Advisors, backed by Alta Capital, has acquired 50 acres of land for greenfield logistic asset development in Chennai’s Mannur locality in the first land deal this year.

11.01 / 12:49

markets UPS security Strategy Highways PAM Security beefed up around Z-Morh tunnel in J-K's Ganderbal ahead of inauguration

Z-Morh tunnel in Jammu and Kashmir's Ganderbal district which is likely to be thrown open by Prime Minister Narendra Modi on January 13, officials said on Saturday. The prime minister is likely to address a public rally after the inauguration of the tunnel in Gagangir in the Sonamarg area of the central Kashmir district, they said. The security has also been strengthened in many areas of the valley, including Srinagar. «Security has been tightened near the Z-Morh tunnel. Multi-layered security arrangements have been put in place and the PM's security team, comprising SPG personnel, has taken over the venue,» the officials said.

10.01 / 23:19

markets Digital Strategy Highways Photos Experts PAM Have few homes escaped Palisades fire devastation in Malibu? Here’s the truth

Palisades Fire, which has left widespread destruction. Among the wreckage, a few homes managed to survive. The Palisades Fire has caused massive destruction in Malibu. Many luxurious homes along the Pacific Coast Highway have been reduced to rubble. A few mansions remain standing despite the overwhelming damage. Aerial photos capture this unexpected survival of a handful of properties. A three-story mansion owned by Waste Management CEO David Steiner is one of the few structures untouched by the fire. This $8 million white home, built in 2000, overlooks the Pacific Ocean. Rubble from neighboring houses smolders on either side, highlighting its unlikely survival.

07.01 / 23:49

UPS Provident Target Aware awards Highways wellness Budget: 10% increase in capex allocation likely for road, railways ministries in FY26

Subscribe to enjoy similar stories. New Delhi: The Centre proposes to keep its focus on rapid infrastructure growth in the next financial year, with plans to push capex allocation for the ministries of road transport and highways, and railways in the upcoming budget by upto 10%, two persons aware of the development said.

06.01 / 18:23

markets Digital Strategy Enterprise Highways PAM CDPQ taps global companies, looks to raise up to Rs 3,400 cr for India InvIT

global institutional investors to raise capital for its infrastructure trust in India, said people aware of the matter.

05.01 / 13:53

markets Citi Extreme ICE Highways travelers International 60 million brace for snow, ice, and freezing temps as winter storm sweeps central US

National Weather Service (NWS) from Kansas and Missouri to New Jersey, with snow accumulations predicted to reach up to 14 inches (35.6 centimetres) in certain regions, particularly in Kansas and northern Missouri.

05.01 / 09:39

markets Digital Strategy Metro Highways Experts PAM In the past 10 years, Delhi has witnessed a state govt that is no less than an 'aapda': PM Modi

05.01 / 09:39

COST WhatsApp Highways NHAI prepays Rs 56,000 cr to its lenders in FY25 to save Rs 1,200 cr interest

National Highways Authority of India (NHAI) has pre-paid loans of worth Rs 56,000 crore during the current fiscal, helping the state-owned agency to save interest cost of around Rs 1,200 crore, a senior government official said on Sunday. The official told PTI that NHAI's total debt at the beginning of the current fiscal year was pegged at Rs 3.35 lakh crore, which stood at about Rs 2.76 lakh crore at the end of third quarter of 2024-25 fiscal year.

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