Highway construction may surpass goal

New Delhi, Jan. 18 -- More than 8,000 km of national highways were built from 1 April 2020 to 15 January 2021, an increase of 8% over the same period in the last financial year, the road transport and... Read More

'Govt must raise infra, healthcare spends'

New Delhi, Jan. 18 -- The Associated Chambers of Commerce and Industry of India, or Assocham, expects finance minister Nirmala Sitharaman to announce bold measures in the Union budget to help shift th... Read More

Highway construction in FY21 could surpass last year's target: Govt

New Delhi, Jan. 17 -- As much as 8,169 km of national highways have been constructed from 1 April 2020 to 15 January 2021 in the current financial year 2020-21, up 8% during the same period a year ago... Read More

IRFC to go public on 18 Jan, may raise up to Rs 4,600 crore

New Delhi, Jan. 14 -- The initial public offering (IPO) of state-owned Indian Railway Finance Corp. (IRFC) worth about Rs.4,600 crore will hit the market on 18 January. The price band of the issue ha... Read More

Budget may unveil roadmap on scrapping old, polluting vehicles

New Delhi, Jan. 12 -- The much-awaited vehicle scrappage policy, which aims to boost automobile demand by phasing out old, polluting vehicles, could find mention in the Union Budget 2021-22, a top gov... Read More

Mint's Road to Recovery: See growth to contract 6.5% this fiscal, says Sajid Chenoy

NEW DELHI, Jan. 11 -- Indian economy could see a contraction of 6.5% in the current fiscal, lower than the government's latest projection of 7.7%, Sajjid Z. Chinoy, chief India economist, JP Morgan sa... Read More

Why MDR remains a thorny issue for payments players

New Delhi, Jan. 7 -- The Centre's move to scrap merchant discount rates on RuPay and UPI transactions has been a sticking point between the government and digital payment firms, which say they should ... Read More

Toll collection via FASTag rises to Rs.2,304 crore in December

New Delhi, Jan. 5 -- Toll collection through FASTag grew 9% sequentially in December to reach Rs.2,303.79 crore, National Highways Authority of India said on Tuesday. The number transactions via elec... Read More

L&T arm to bag Rs.3,338 crore rail project connecting Rishikesh, Karnaprayag

NEW DELHI, Jan. 5 -- Construction arm of Larsen & Toubro (L&T) is set to win about Rs.3,338 crore contract for a railway project connecting Rishikesh and Karnaprayag in Uttarakhand, a person aware of ... Read More

FASTag will be mandatory from 1 Jan: Gadkari

NEW DELHI, Jan. 1 -- Roads minister Nitin Gadkari said that FASTags, an electronic toll collection device, will be mandatory for all vehicles from 1 January. The use of FASTags will help commuters sa... Read More