AAI
The central government informed that nearly ₹25,000 crores will be invested in the construction and development of the civil aviation infrastructure in the next couple of years. The Airport Authority of India has taken up development programs for expansion and modification of existing terminals, new terminals, expansion or strengthening of existing runways, aprons, Airport Navigation Services (ANS), control towers and technical blocks to meet the targeted growth in the aviation sector. The government has accorded 'in-principle' approval for setting up 21 Greenfield Airports across the country. Six Greenfield airports including Shirdi in Maharashtra, Durgapur in West Bengal, Pakyong in Sikkim, Kannur in Kerala, Orvakal in Andhra Pradesh and Kalaburagi in Karnataka have been made operational. In addition, the government is also promoting private investments in existing and new airports through the public-private partnership (PPP) and under Regional Connectivity Scheme (RCS) - Ude Desh ka Aam Nagrik (UDAN).
NHAI initiates service road upgrade on Delhi-Jaipur highway
The National Highways Authority of India (NHAI) has commenced the overlay of service roads on both sides of the Delhi-Jaipur national highway (NH-48), focusing on the section from Dharuhera flyover to Masani bridge. This move follows the completion of

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India launches ₹45000 cr auction for strategic minerals exploration
The Indian government initiates the first tranche of auctions, valued at around ₹45000 crore, for 20 mineral blocks, including lithium, rare earth elements, nickel, copper, and more. The online auction, led by the Ministry of Mines, aims to harness

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MoPSW to start ₹76000 cr Vadhavan port project
The Ministry of Ports, Shipping, and Waterways unveils plans for the initiation of construction on the ₹76000 crore container port at Vadhvan in Maharashtra. The port, managed by Jawaharlal Nehru Port Trust, has secured environmental clearances, and

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Karnataka invites tenders for ₹1238 cr road project
The Karnataka Road Development Corporation (KRDCL) initiates the tender process for a ₹1238 crore road project on a design, build, operate, maintain, and transfer (DBFMOT)-HAM model. The project spans from Kalmala Junction near Raichur to Bellary-Lingasugur

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Noida plans 28-km bypass road between Jewar and IGI Airport
The Noida authority unveils plans for a 28-km bypass road, circumventing the Noida-Greater Noida expressway, to establish efficient connectivity between Jewar and IGI Airport in Delhi. The strategic road aims to alleviate traffic congestion, especially

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Adani Total Gas initiates green hydrogen blending pilot in Ahmedabad
Adani Total Gas (ATGL) launches a green hydrogen production and blending pilot project in Ahmedabad, Gujarat, with plans for commissioning by the 2024-25 financial year. In collaboration with TotalEnergies, the project aims to gradually increase the

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Ganga Realty unveils ₹1000 cr luxury housing project in Gurugram
Ganga Realty, a prominent real estate developer, announces a luxurious housing project, 'Nandaka 84', in Gurugram with an investment of ₹1000 crore. Spanning 8.33 acres, the project will feature 302 apartments and penthouses, starting at ₹4.05 crore

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Capacit'e Infraprojects wins ₹101 cr Mumbai Aranya phase-II Project
Capacit'e Infraprojects clinches a ₹101 crore contract from Tridhaatu Aranya Developers for the construction of Aranya Phase-II project in Chembur, Mumbai. The EPC player strengthens its order book for the fiscal year, emphasizing its commitment

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Cabinet greenlights Rs 24,104-cr PM-JANMAN scheme for tribal welfare
The Union Cabinet has approved Rs 24,104 crore for the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN). The comprehensive scheme covers infrastructure, housing, water, healthcare, and allied welfare for tribal communities. The initiative

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CIDCO initiates DPR for Navi Mumbai Metro 2, 3 & 4
City and Industrial Development Corporation (CIDCO) has appointed a consultant to prepare a Detailed Project Report (DPR) for Navi Mumbai Metro Lines 2, 3 & 4. With an estimated cost exceeding Rs 11,000 crore, these lines aim to enhance connectivity

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Tata Power unveils Rs 60,000-cr investment plan with renewable focus
Tata Power announces a comprehensive investment plan of Rs 60,000 crore, with nearly half dedicated to the renewable sector. The investment will be phased, starting with Rs 15,000 crore in FY24 and scaling up in subsequent years. The plan includes

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PCBL diversifies with Rs 3,800-cr acquisition of Aquapharm Chemicals
Phillips Carbon Black Limited (PCBL), a part of RP-Sanjiv Goenka Group, ventures into water treatment and oil and gas chemicals through the acquisition of Pune-based Aquapharm Chemicals for Rs 3,800 crore. The move signifies PCBL's strategic expansion into

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Bonfiglioli Transmissions inaugurates high-tech assembly facility in Pune
Bonfiglioli Transmissions Pvt Ltd, the Indian arm of global power transmission leader Bonfiglioli Riduttori S.p.A., has inaugurated its new 42,500 sq. meters assembly facility in Pune. The high-tech, smart plant, operational from November 29, 2023, emphasizes

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CLSA predicts India to become world's largest economy by 2052
A recent CLSA report forecasts that India could surpass the US to become the world's largest economy by 2052, with a nominal GDP of $45 trillion. The study projects India to be the world's third-largest economy by 2027, surpassing Japan, and expects

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41 trapped workers rescued from Silkyara tunnel collapse
Union Minister for Road Transport and Highways, Shri Nitin Gadkari, expresses relief and happiness as 41 trapped laborers are successfully rescued in the Silkyara Tunnel Collapse. He applauds the well-coordinated efforts of multiple agencies, acknowledging

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NHAI implements revised guidelines to curb cost escalation & streamline land acquisition
The National Highways Authority of India (NHAI) has introduced revised guidelines to expedite approval for land acquisition and counteract potential increases in land costs or changes in land use with the intention of obtaining higher compensation

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Saya Group unveils Rs 4,000-cr real estate projects in Noida, G Noida & Ghaziabad
Saya Group, a prominent real estate player, announces Rs 4,000 crore investments in new projects across Noida, Greater Noida, and Ghaziabad. The ventures comprise a 2.33 million sq. ft. commercial area with a Rs 2,500 crore investment and

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Tamil Nadu govt accelerates Rs 340-cr road project
The Tamil Nadu government fast-tracks the construction of a Rs 340 crore road project from Panjapur to Karur Bypass, aimed at decongesting traffic in Tiruchi and fortifying river banks to prevent breaches and flooding. The project, divided into three

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Yeshwantpur Railway Station in Bangalore set for Rs 377-cr transformation
The Indian Railways announces a Rs 377 crore investment to develop Yeshwantpur Railway Station in Bangalore into a world-class facility. Railway Minister Ashwini Vaishnaw highlights plans for a roof plaza with a children's play area, product

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AmpIn Energy Transition to invest Rs 3,100-cr in 600 MW Renewable Energy Projects
AmpIn Energy Transition announces a substantial investment of Rs 3,100 crore for the development of over 600 MW renewable energy projects and an integrated solar cell and module manufacturing facility across the eastern

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