[ad_1] Union cabinet has approved construction of a 4-lane access-controlled greenfield corridor from Gohpur (NH-15) to Numaligarh (NH-715), including a 15.79-km road-cum-rail underwater tunnel under the Brahmaputra, at a total capital cost of Rs 18,662 crore, the government said.The total project length will be about 33.7 km, and will be implemented on an Engineering, Procurement…
[ad_1] 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…
[ad_1] 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…
[ad_1] 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…
[ad_1] 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…
[ad_1] 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…
[ad_1] Valentine’s day is here and people are rushing to shower their loved ones with gifts. February 14 is emerging as a big sales opportunity for quick commerce firms and digital-first brands, as people are shopping for fashion, jewellery, beauty, personal care and sexual wellness products. To tap into the momentum, platforms such as Zepto,…
[ad_1] BENGALURU: Ola Electric Mobility reported revenue of Rs 504 crore for the Dec quarter, down 57% year-on-year from Rs 1,172 crore and 33% from Rs 756 crore in the Sept quarter. The company reported a loss of Rs 487 crore, narrower than the Rs 564 crore loss a year earlier but wider than the…
[ad_1] NEW DELHI: India’s capital markets have remained resilient and recorded strong and sustained growth against the backdrop of geopolitical tensions, trade uncertainties, tariff barriers, the pandemic and emerging challenges such as AI, Securities and Exchange Board of India chairman (Sebi) Tuhin Kanta Pandey said on Friday.“This shows the underlying strength of our market institutions…
[ad_1] IndiGo, the country’s largest airline is set to go on a hiring spree, bringing over 1,000 pilots on board. This comes after the aviation giant faced massive operational disruption last December, when the company was forced to cancel more than 5,000 flights within seven days.The fresh intake will span trainee first officers, senior first…