India rolls out National Monetisation Pipeline 2.0 with ₹16.72 lakh crore target for FY26-30
Union Finance Minister Nirmala Sitharaman on Monday, 23 February, launched the second phase of the National Monetisation Pipeline NMP 2.0, outlining an estimated monetisation potential of ₹16.72 lakh crore over the five-year period from FY 2026 to FY 2030. Developed by NITI Aayog in consultation with key infrastructure ministries, the updated pipeline forms part of […]
VOC Port gets ₹1,500 crore infra boost as Sonowal launches rail, road, green energy and other projects
V.O. Chidambaranar Port in Tuticorin is set for a major transformation after projects worth more than ₹1,500 crore were launched on Monday, 23 February, accelerating its shift toward green energy integration, digital modernisation and expanded cargo capacity. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal unveiled a series of infrastructure, renewable energy and technology […]
India deploys Mobile Quality Control Vans to monitor highway construction across 4 states, expansion to 11 more likely by June 2026
As India accelerates highway construction, the Ministry of Road Transport and Highways MoRTH has launched a technology-driven quality monitoring initiative aimed at ensuring that roads are built to higher safety and durability standards. The Ministry has rolled out a pilot project using Mobile Quality Control Vans MQCVs to closely monitor construction quality on National Highways. […]
India sanctions 2.88 lakh more homes under PMAY-Urban 2.0; total approvals under the scheme cross 13.61 lakh
The Centre has approved 2.88 lakh additional houses under Pradhan Mantri Awas Yojana-Urban 2.0 PMAY-U 2.0, taking the total number of sanctioned homes under the revamped scheme to over 13.61 lakh. The fresh approvals were cleared at the 6th meeting of the Central Sanctioning and Monitoring Committee chaired by the Secretary, Ministry of Housing and […]
India and France sign Amending Protocol to update Double Taxation Avoidance Convention
India and France have signed an Amending Protocol to update the Double Taxation Avoidance Convention DTAC between the two countries, aligning the tax treaty with international standards and strengthening economic cooperation. The Protocol was signed during the recent visit of the President of France to India. It was inked by Ravi Agrawal, Chairperson of the […]
Airtel to capitalise NBFC arm with ₹20,000 crore to build high-scale digital financial services platform
Bharti Airtel on Monday, 23 February, announced plans to significantly expand its Non-Banking Financial Company NBFC subsidiary, Airtel Money Limited, with a capital infusion of ₹20,000 crore over the next few years. “The NBFC subsidiary will be capitalised with ₹20,000 crore to be injected over the next few years. Airtel will contribute 70 per cent […]
Indian Navy to commission Anti-Submarine Warfare Shallow Water Craft Anjadip into Eastern Naval Command at Chennai Port on 27 February
The Indian Navy will commission Anjadip, the third vessel of the eight-ship Anti-Submarine Warfare Shallow Water Craft ASW-SWC project, into the Eastern Naval Command at Chennai Port on 27 February, the Defence Ministry said in a statement on Monday 23 February. The commissioning ceremony will be presided over by Chief of Naval Staff Admiral Dinesh […]
With Delhi-Meerut RRTS operational, Delhi-Alwar and Delhi-Karnal corridors likely to get approval this financial year: Report
After the full operationalisation of the Delhi-Meerut Namo Bharat corridor, two new Regional Rapid Transit System RRTS corridors connecting Delhi to Alwar in Rajasthan and Karnal in Haryana are likely to receive approval in the current financial year, according to the Managing Director of the National Capital Region Transport Corporation NCRTC, reported The Indian Express. […]
Mumbai’s ₹ 14,000 crore GMLR corridor advances: Dindoshi-Film City flyover opening targeted for 31 May 2026; twin tunnel TBM launch set for March
In a key push to maintain momentum on the Goregaon-Mulund Link Road GMLR corridor, the Brihanmumbai Municipal Corporation BMC has accelerated work on both the elevated and underground sections of the project, with a firm deadline set for the flyover between Dindoshi Court and Dadasaheb Phalke Film City to be opened to traffic by 31 […]
India’s crude oil production falls 1.78 per cent in April-December 2025 to 21.17 Million Metric Tonnes
India’s crude oil production declined 1.78 per cent during April-December 2025 to 21.17 Million Metric Tonnes MMT, compared to the corresponding period of the previous year, according to the Monthly Review Report on Infrastructure Performance for December released by the Ministry of Statistics and Programme Implementation. The output during the April-December period was 89.85 per […]