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The Centre has given the green light to a series of highway projects worth over Rs 11,000 crore spanning Maharashtra, Gujarat and Telangana, according to official statements.The approvals were granted by the Cabinet Committee on Economic Affairs (CCEA) and cover road widening, rehabilitation and new four-lane stretches aimed at boosting freight movement and regional connectivity….
NEW DELHI: For decades, India’s fiscal federal system has had one core element that stood out: poorer states would be supported so that growth could be shared.The 16th Finance Commission has not broken that promise on paper. States will still receive 41 percent of the divisible pool of central taxes. But beneath that headline number,…
China will remove tariffs on imports from almost all African countries starting May 1, Chinese President Xi Jinping said, according to state media, in a move expected to deepen trade and economic engagement between Beijing and the continent, AFP reported.China already operates a zero-tariff policy for imports from 33 African countries, but Beijing had announced…
The Union Cabinet has approved the launch of the Urban Challenge Fund (UCF) with a total Central Assistance of Rs 1 lakh crore, aimed at driving market-linked urban infrastructure development and catalysing investments worth around Rs 4 lakh crore over the next five years.The fund marks a shift in urban development model away from grant-based…
Prime Minister Modi inaugurated a series of major infrastructure projects in Assam on Saturday, aiming to accelerate development across the North-East. The projects, worth more than Rs 5,450 crore include Indian Institute of Management Guwahati, the Kumar Bhaskar Varma Setu, a new fleet of electric buses and the National Data Centre. The move aims to…
The Union Cabinet has approved the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs 10,000 crore to mobilise venture capital for the country’s startup ecosystem.The scheme is aimed at accelerating the next phase of India’s startup growth by mobilising long-term domestic capital, strengthening the venture capital ecosystem…
Screengrab (Ashwini Vaishnaw) The Union Cabinet has cleared a series of major infrastructure projects spanning railways, roads, tunnels and metro expansion, alongside large-scale urban and startup funding decisions, with the total approved outlay pegged at about Rs 1,60,504 crore, cabinet minister Ashwini Vaishnaw informed on Saturday.A significant portion of the approvals is directed towards transport…
Safety expenditure on Indian Railways has nearly tripled over the past decade to Rs 1,17,693 crore in 2025-26 from Rs 39,200 crore in 2013-14, with the national transporter expanding deployment of indigenous train protection system Kavach and rolling out CCTV surveillance across coaches and locomotives, the government said in response to questions in the Rajya…
The Union Cabinet has approved the extension of the Noida Metro Aqua Line from Botanical Garden to Noida Sector 142, a move aimed at strengthening urban connectivity in one of the fastest-growing manufacturing and services hubs in the National Capital Region.The project will be implemented by the Noida Metro Rail Corporation Limited (NMRC) and will…
PM Modi and Brazilian President Luiz Inacio Lula da Silva (File photo) Officials are finalising a set of India–Brazil agreements expected to be signed during Brazilian President Luiz Inacio Lula da Silva’s official visit to India next week, with the proposed pacts likely to boost pharmaceutical exports, strengthen cooperation in critical minerals and support the…
