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FASTag annual pass crosses 2.5 million users

New Delhi, Oct. 15 -- The FASTag annual pass has received an overwhelming response, crossing the 2.5 million mark with around 56.7 million transactions in the last two months, the road ministry said i... Read More


Railways starts door-to-door cargo service, aims shift of cargo movement

New Delhi, Oct. 14 -- Indian Railways proposes to transform itself into a comprehensive logistics player with the launch of a door-to-door freight and parcel service, providing its customers with the ... Read More


Centre to link highway awards to returns, based on FASTag data

New Delhi, Oct. 12 -- The Centre plans to mandate awarding new highway projects under the build-operate-transfer (BoT) model if the traffic data, generated through the electronic toll collection syste... Read More


Mint Explainer: Why the government wants private players to build and run highways again

New Delhi, Sept. 26 -- The build-operate-transfer (BoT) model, is a classic public-private partnership (PPP) model India used heavily in highways before 2014. Under BoT, a private concessionaire finan... Read More


Dual toll, single developer: Builders of new highways may get to toll older parallel roads too

New Delhi, Sept. 25 -- Highway developers winning new projects may also be allowed to operate older parallel roads and charge tolls on them, in an effort to reduce toll leakage and attract more invest... Read More


Government unwraps $8 billion outlay to transform India's maritime sector

New Delhi, Sept. 24 -- India is setting sail on its biggest maritime bet yet, with the Union cabinet on Wednesday unveiling an incentive package of Rs.69,725 crore or about $8 billion for the shipping... Read More


India's shipbuilding ambition takes shape with CSL's MoU with HD Korea for Long-Term Shipbuilding Collaboration

New Delhi, Sept. 23 -- State-owned shipbuilder, Cochin Shipyard Ltd (CSL), has signed a memorandum of understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a long-term st... Read More


Govt mulls tax exemption for seafarers

New Delhi, Sept. 18 -- The Union government is examining a proposal to exempt Indian seafarers who work on Indian ships from tax deducted at source (TDS), or reduce the TDS rate, to bring their salari... Read More


Mint Explainer: Why is India setting up a Rs.25,000-crore Maritime Development Fund?

New Delhi, Sept. 18 -- India has been steadily pushing to strengthen its maritime sector, including ports, shipbuilding, inland and coastal shipping, ship repair, dredging and so on, and the governmen... Read More


NHAI tightens contract norms to curb delays, boost highway project quality

New Delhi, Sept. 17 -- National Highways Authority of India (NHAI) has updated RFP (request for proposal) provisions to improve quality of highway projects, curb delays, and cut lifecycle costs by tig... Read More