Highways Financial News

Colombian prosecutors have accused a former presidential candidate of receiving at least $2.8 million from Odebrecht, the Brazilian construction giant that has admitted paying bribes across Latin America to secure infrastructure contracts

Learn about the remarkable growth of India's natio... moreLearn about the remarkable growth of India's national highways and road network under the leadership of Union Minister Nitin Gadkari.

Amarnath Yatra was suspended for the fourth consecutive day on Tuesday due to a closure of the Jammu-Srinagar national highway owing to the extensive damage caused to its Ramban section, leaving 15,000 pilgrims stranded in Jammu and at other places. Authorities said incessant rains have caused unprecedented damage to the highway, especially the stretch falling in Ramban district, forcing its closure for traffic on Monday. Despite the suspension of the yatra, the pilgrims remain undeterred and optimistic about visiting the Amarnath cave shrine, even if it means waiting for days.

One person died and several were injured after a part of under construction bridge fell onto a busy road in Bangkok on Monday. A huge metal construction girder fell on the road, causing unrest on the busy road.

A viral video which is currently circulating on social media shows the formation of spectacular clouds during the heavy monsoon rains in Haridwar. This meteorological occurrence is commonly known as a 'shelf cloud,' or sometimes referred to as an 'Arcus cloud.' A shelf cloud is a type of low-lying, horizontal cloud formation characterized by a clearly defined line of solid clouds. What enhances its visual impact is the horizontal rotation it exhibits.

Schools in New Delhi have closed after heavy monsoon rains battered the Indian capital, caused landslides and flash floods in the country’s north and killed at least 15 people over the last three days

The German government is considering whether it can make former Transport Minister Andreas Scheuer foot at least part of the quarter-billion euro compensation it has to pay a private company over a failed plan to introduce highway tolls

Chief Minister Sukhvinder Singh Sukhu said efforts are on to rescue the 300 stranded people, and they could be airlifted as the weather clears. Power and water supply has been snapped in several areas. He said an assessment of loss is underway and it is estimated to be in the range of Rs 3,000-Rs.

The Punjab government has ordered the closure of schools till July 13 while in Chandigarh schools are closed till Thursday. Haryana too has ordered the closure of schools in some worst-affected districts till Wednesday. In other places of the state, the government has left it to the deputy commissioners to take a call on the matter after assessing the situation. Tracts of land near the Sutlej and Ghaggar rivers were inundated while distributaries and major canals were breached in some places in Punjab and Haryana damaging crops. As water gushed into houses in parts of the two states, authorities raced to bring affected people to safety. Breakdown in power and water supply in some of the worst-affected areas of Punjab and Haryana escalated people's problems. Mohali, Patiala, Rupnagar, Fatehgarh Sahib, Panchkula and Ambala are some of the worst-hit districts in the two states.

Himachal Pradesh, Chief Minister Sukhvinder Singh Sukhu on Monday said that the rescue operation in the hill state is nearly over and restoration efforts are still underway. «The rescue operation is over, the restoration work is ongoing,» the Chief Minister said thanking colleagues his across who have worked tirelessly in saving people's lives affected by the floods. Speaking to ANI, Himachal CM Sukhu said, «I want to thank all for saving people's lives throughout the night.

Vijay Kedia has added 0.39% stake in smallcap stock Patel Engineering during the June quarter. According to the latest shareholding data available with the exchanges, Kedia Securities has raised stake to 1.68% in the June quarter, up from 1.29% in the preceding March quarter. The company is majority public owned with 55.79% stake, while promoters own the remaining 39.41%.

National Highway, serving as the only lifeline for essential supplies, should be kept clear for reaching essential commodities to the State resident. (With inputs from agencies)  

1. Praj Industries Praj Industries, a leading provider of sustainable solutions for bioenergy and high purity process systems, showcased promising growth on July 7, 2023. The stock closed at Rs 397.35, surpassing the 50 SMA of Rs 373.18.2. GTL InfrastructureGTL Infrastructure, an Indian telecommunications infrastructure provider, experienced a positive market movement on July 7, 2023.

Manipur has created an environment of desperation and vulnerability among the residents of the northeastern state. While the Kukis, in response to the Centre's call, have lifted a blockade along National Highway 2, which serves as the «lifeline» for those living in the Imphal valley, the Meiteis have steadfastly maintained their blockade, preventing any supply from reaching Churachandpur, the largest district in the state with a significant Kuki population. Churachandpur is home to around four lakh people.

Rescuers were looking for survivors of a landslide Saturday that buried a highway construction site and killed at least one person in the central city of Yichang in Hubei province. Five people were injured, the official Xinhua News Agency reported, citing the executive deputy mayor of Yichang, Ye Yang. Elsewhere, the weather agency issued an orange alert, its second-highest-level warning, for heat across southern China and much of the north and northeast. Temperatures above 40 C (104 F) were forecast in Beijing, the capital, and across central China to the southeastern coast. Heat above 37 to 39 C (99 to 102 F) was forecast in parts of populous Sichuan province in the southwest. Elsewhere, temperatures above 35 C (95 F) were expected in most of northern China, the rest of Sichuan and much of the south. The orange alert requires employers to make outdoor work as brief as possible. Despite that, delivery workers for restaurants and online retailers still were working.

National Highway 3 has been washed away by the overflowing Beas River in Kullu, Himachal Pradesh.

north India on Sunday with 19 people killed in landslides and other rain-related incidents, while most rivers, including the Yamuna in Delhi, were in spate. In cities and towns across the region, many roads and residential areas were submerged in knee-deep water with the civic system unable to hold on in the face of record rains.

Amarnath Yatra. Heavy downpour is causing the water levels in the Beas river rise continuously. This has resulted in flash floods in various districts.

National Highway were closed following the torrential rains. Hundreds of people were stranded in different parts of the state, including in Chandratal in Lahaul and Spiti and near Sadhupul in Solan district. While six people died in rain-related incidents on Sunday, the death toll has risen to 54 since the onset of the monsoon on June 24, according to the state emergency operation centre.

Ladakh, and Jammu and Kashmir for the third consecutive day on Sunday, officials said. With water bodies swollen, the meteorological department issued a red alert for Monday for certain parts of the Jammu region and Ladakh, while residents in dozens of lower catchment areas in the Jammu region were evacuated to safety as a precautionary measure.

National Highway. State Disaster Response Force and police officials said there were 11 people in the jeep. Five people have been rescued, while a search is on for three others, they said and added that three bodies have been recovered by rescue personnel.