₹37,500 crore coal gasification scheme approved to cut LNG, urea and methanol imports
The Union Cabinet has approved a ₹37,500 crore scheme to promote surface coal and lignite gasification projects, with the programme aimed at accelerating India’s coal gasification target and reducing dependence on imports of key products. The scheme was approved by the Union Cabinet chaired by Prime Minister Narendra Modi, according to a statement issued by […]
India’s first semi-high-speed rail project linking Ahmedabad and Dholera gets Cabinet nod at ₹20,667 crore cost
The Cabinet Committee on Economic Affairs has approved the Ahmedabad (Sarkhej)-Dholera Semi High-Speed Double Line project of the Ministry of Railways at an estimated cost of ₹20,667 crore. The project, approved by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, will cover Ahmedabad district in Gujarat and increase the existing Indian […]
User Development Fee for Noida Airport passengers to start at ₹490 for domestic departures from 15 June
The Airport Economic Regulatory Authority of India has fixed the User Development Fee for Noida International Airport, with domestic departing passengers to be charged ₹490 and international departing passengers ₹980 from 15 June 2026 to 31 March 2027. This comes ahead of the launch of the commercial flight operations from the airport on 15 June. […]
Karnataka to get 1,243 new EV chargers under PM E-DRIVE Scheme with ₹123.26 crore financial outlay
Karnataka will get 1,243 electric vehicle chargers under the PM E-DRIVE Scheme, with proposals involving a financial outlay of ₹123.26 crore approved for the state. Union Minister for Heavy Industries and Steel H.D. Kumaraswamy announced the approvals at the Conference on Enabling Nationwide EV Charging Infrastructure under the PM E-DRIVE Scheme in Bengaluru on Tuesday. […]
India’s Public Sector Banks post all-time high net profit of ₹1.98 lakh crore in FY 2025-26
India’s Public Sector Banks (PSBs) recorded an all-time high net profit of ₹1.98 lakh crore in FY 2025-26, marking their fourth consecutive year of aggregate profitability, according to a statement by the Ministry of Finance on Tuesday, 12 May. The ministry said the performance reflected sustained business growth, improved asset quality, stronger profitability and a […]
NHAI wins ₹819.96 crore net award in Panipat-Jalandhar highway project disputes
The National Highways Authority of India has successfully defended two major arbitration cases related to the Panipat-Jalandhar section of NH-44, with the arbitral tribunals passing net awards of ₹819.96 crore in favour of the authority. According to a statement by the Ministry of Road Transport and Highways, the two arbitration matters involved claims by concessionaires […]
Jammu Tawi-Srinagar Vande Bharat carries 44,727 passengers in first 10 days
The Jammu Tawi-Srinagar Vande Bharat Express services carried 44,727 passengers in the first 10 days of regular operations, indicating strong demand on the newly operational rail corridor between Jammu and Kashmir. Union Railway Minister Ashwini Vaishnaw had flagged off the augmented 20-coach Jammu Tawi-Srinagar Vande Bharat Express on 30 April, ahead of the regularisation of […]
IndiGo to start flights from Noida Airport to Hyderabad, Jammu, Bengaluru and Amritsar from 15 June
Noida International Airport has announced that IndiGo will launch the first commercial passenger service from the airport on 15 June, with initial connectivity to Hyderabad, Jammu, Bengaluru and Amritsar. In a post on X on 11 May, Noida International Airport said bookings have opened for IndiGo’s initial services from the airport. The announcement marks a […]
Barrier-less tolling goes live at Mundka-Bakkarwala to cut waiting time on UER-II in NCR
A barrier-less Multi-Lane Free Flow tolling system has been rolled out at the Mundka-Bakkarwala toll plaza on UER-II in the National Capital Region, marking a major step towards contactless and seamless toll collection on national highways. Union Minister for Road Transport and Highways Nitin Gadkari launched the first-of-its-kind barrier-less toll plaza at Mundka-Bakkarwala on Monday, […]
New Dohrighat-Aunrihar passenger train flagged off to improve rail connectivity in Purvanchal
Union Minister for Railways Ashwini Vaishnaw on Monday, 11 May, virtually flagged off the Dohrighat-Aunrihar passenger train, introducing a new daily rail service for passengers in Mau and Ghazipur districts of Uttar Pradesh. The Ministry of Railways said the new train service has been introduced to improve passenger convenience and meet the long-standing demand for […]