Highways Financial News

Landslides triggered by incessant rains have blocked traffic on various roads, including national highways, affecting the movement of people in Uttarakhand.

Himachal Rains: Landslide blocks National Highway 205 near Bilaspur The Shimla-Kalka National Highway, a vital route connecting Shimla and Chandigarh, has been severely impacted by recurring landslides over the past couple of weeks, causing significant disruptions in transportation. This stretch was initially blocked on August 2 due to a major landslide but was reopened on August 8. However, only light vehicles would be allowed on this road stated Solan district administration.

HP traffic police in a tweet on X informed that the movement of heavy vehicles including buses is suspended on Chandigarh-Shimla National Highway 5 till further orders due to intermittent blocking at Chakki Mod near Parwanoo. In an update on Shimla city, the traffic police has informed that the National Highway 5 has been blocked at Tenzin Hospital, Panthaghatti & BCS due to fallen trees and have asked commuters to use alternate route Panthaghatti-Kasumpti-Chhota Shimla for LMVs.

industrial heartland (see map). The shifting of American factories has been years in the making. When Japanese and German carmakers started production in America in the 1980s and 1990s, most chose the South.

National Highway 205 (NH 205) was blocked at Dakesh in the Bilaspur district due to a landslide, the authorities said on Sunday, adding that two trucks and one light motor vehicle were damaged in the rain-related incident. In a post on X (formerly Twitter), Himachal Pradesh Police said, “NH 205 totally blocked at Dakesh due to a landslide. Two trucks & one LMV were damaged.

India Meteorological Department (IMD) on Saturday issued an orange alert for eight districts in Himachal Pradesh. As reported by ANI, according to Bui Lal, Deputy Director of IMD, “The rain is forecasted for most of the places. We have issued orange alerts of heavy rainfall in Solan, Shimla, Sirmaur, Bilaspur, Hamirpur, Kangra, Mandi and Una districts of the state." He further mentioned that within the last day, a significant amount of rain was observed across the Kangra, Solan, Mandi, Bilaspur, and Hamirpur districts.

₹650 crore so far, which may increase in the coming days. 52 people have been killed, 37 injured, and 19 missing in different accidents due to rain-related disasters." It further stated that after the end of the monsoon, an immediate report will be prepared and sent to the Central Government so that relief works can be completed quickly after the disaster. Meanwhile, speaking of current rainfall predictions, IMD has issued a red alert for Uttarakhand on 13 and 14 August as extremely heavy rains of more than 204.4 mm have been predicted.

Cube Highways Trust (Cube InvIT) has posted a consolidated income of Rs 781.5 crore for the quarter ended on June 30, 2023. Earning before interest tax depreciation and amortisation was Rs 422.89 crore during the period under review, Cube InvIT said.

Mandaviya on Saturday said the Modi government believes in «politics of development» and not «politics in development» while urging Bihar minister Tejashwi Yadav to provide suitable land for the construction of AIIMS in Darbhanga. The comments come after Yadav, who holds the health portfolio in the Nitish Kumar-led Bihar government, accused Prime Minister Narendra Modi of 'safed jhooth' (blatant lie) in his address earlier in the day when he spoke of the All India Institute of Medical Sciences (AIIMS) in the north Bihar district of Darbhanga.

₹865 crore. Under this project of total length of 16 km, the work of 2.2 km long Chandni Chowk Interchange has been completed. Both sides of the Mumbai-Bangalore highway have 2-lane internal and 2-lane external service.

Disaster Management Department, due to the disaster caused by heavy monsoon rains in Uttarakhand, the state has suffered a loss of about ₹650 crore so far, which may increase in the coming days. 52 people have been killed, 37 injured and 19 missing in different accidents due to rain-related disaster.

Indian Meteorological Department on Saturday issued a red alert for Uttarakhand for August 13 and August 14. As per IMD, heavy rainfall is also likely over Uttarakhand on August 13 and 14.

Housing prices in Kolkata have increased by 15 per cent year-on-year (YoY) in the April-June quarter of 2023. It was the highest increase in residential prices among the eight cities, according to the report. «Housing prices in the city have been on the rise over the past seven quarters. The recent surge in housing prices is owing to the rising demand boosted by positive government incentives such as extension of 2 per cent reduction in stamp duty and extension of 10 per cent reduced circle rates till September 2023,» the report said. Delhi-NCR came second as housing prices in the northern region have risen by 14 per cent YoY in Q2. Hyderabad witnessed a rise of 13 per cent in housing prices in the last year during the second quarter, said the report. At the micro-market level, Golf Course Road and Dwarka Expressway witnessed the highest rise in housing prices at 46 per cent and 40 per cent, respectively, on a YoY basis during Q2 2023. «Housing prices in Golf Course Road continue to surpass the prices of Delhi in Q2 2023 attributed to its improving connectivity and proximity to commercial office hubs in Gurugram, which have sparked a surge in demand for residential properties,» the report added.Pan India residential prices Q2 2023 (in Rs /sq ft) –

By Marco Garcia and Mike Blake

Also read: IMD warns of landslides in THESE states for the next 3 days, several highways blocked Rescue efforts led to the discovery of the buried vehicle on Friday, from which the remains of five individuals were recovered, including the Gujarat resident. The Rudraprayag police are currently pursuing further investigations into the incident.

According to officials, the victims, including one from Gujarat, were on their way to Kedarnath when the incident took place on Thursday evening. «A 60-meter portion of the Kedarnathgya highway collapsed due to heavy debris falling from the hill with boulders in Tarsali.

Hindustan Times. On Wednesday, the remaining preparations like finishing touches, and beautification work were being done. Authorities are also working to make sure the newly built flyover is both aesthetically pleasing and useful.

(Reuters) -Nikola on Friday said it is recalling about 209 of its Class 8 Tre battery-electric vehicles (BEVs) as a precautionary measure.

₹2.15 to ordinary unitholders for the first quarter of fiscal year 2023-24, with a total amount of ₹277.42 crore to be distributed. Cube InvIT reported a consolidated total income of ₹781.58 crore and an earnings before interest, taxes, depreciation or Ebitda of ₹423 crore during the first quarter ended June 30.

A new ferry line for commerce moving through Central America began operating Thursday, directly connecting El Salvador and Costa Rica to the exclusion of Nicaragua and Honduras

U.S. safety regulators have sent a team to investigate a fatal crash in Virginia involving a Tesla suspected of running on a partially automated driving system