Related News

Airbnb is adding new social features to its platform that allow guests attending experiences to communicate and keep in touch. The new updates add a direct messaging feature for attendees

FILE PHOTO: Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters China on Tuesday responded to

Annealed neodymium iron boron magnets sit in a barrel prior to being crushed into powder at Neo Material Technologies Inc.’s Magnequench Tianjin Co. factory in Tianjin, China, on Friday, June

Michael Intrator, CoreWeave CEO appears on CNBC on July 17, 2024. CNBC CoreWeave CEO Michael Intrator told CNBC Tuesday that the firm’s proposed acquisition of Core Scientific would be a

U.S. President Donald Trump, and Anthony Albanese, Australia’s prime minister, shake hands outside the West Wing of the White House in Washington, DC, US, on Monday, Oct. 20, 2025. Bloomberg

Consumers experience the iPhone 17 in an Apple store in Shanghai, China on October 13, 2025. Cfoto | Future Publishing | Getty Images Critics’ displeasure at the iPhone 17 Pro’s

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Infra rollout gains pace: Govt eyes Rs 10 lakh crore in annual highway awards; Gadkari sets FY26 target at Rs 7 lakh crore

Word Count: 590 | Estimated Reading Time: 3 minutes


Infra rollout gains pace: Govt eyes Rs 10 lakh crore in annual highway awards; Gadkari sets FY26 target at Rs 7 lakh crore

The government plans to award road projects worth Rs 10 lakh crore every year, with a target of Rs 7 lakh crore in project awards by the end of FY26, Union road transport and highways minister Nitin Gadkari said on Thursday, signalling renewed momentum after delays linked to the Bharatmala programme.Speaking at the annual session of the Indian Construction Equipment Manufacturers’ Association (ICEMA), Gadkari said the sector had seen some slowdown over the past year due to the cancellation of Bharatmala, according to an ET report. “But in the current year, we have already awarded projects worth Rs 2 lakh crore and the plan is to award another Rs 5 lakh crore by year-end, taking the total to Rs 7 lakh crore,” he said.He added that the target going forward is Rs 10 lakh crore annually, noting that the award process is “transparent, time-bound and corruption-free” with no shortage of funds.Gadkari reiterated his goal of achieving 100 km of road construction per day, compared to the peak of 37 km per day recorded in 2020–21.Urging the construction equipment industry to adopt alternate and sustainable fuels, Gadkari said the ministry is exploring interest-free loans for manufacturers developing such equipment. “Besides, a relief on one-time tax on registration of construction equipment running on alternate fuels is also under consideration,” he added.“This will substitute huge fuel imports worth Rs 22 lakh crore annually, reduce pollution, and boost indigenous innovation,” he said, calling it a win-win for the industry, government and economy.





Source link

Most Popular Articles