IREDA Board approves proposal of Rs 24,200 crore borrowing for FY25

State-owned Indian Renewable Energy Development Agency Ltd’s (IREDA) board on Thursday approved a proposal of Rs 24,200 crore borrowing for 2024-25. The borrowing includes fundraising through bonds, perpetual debt instruments (PDI), term loans, commercial papers, and external commercial borrowings (ECB), a regulatory filing said. According to the filing, the Board of Directors, in its meeting […]

Tejas Mark-1A fighter aircraft completes first flight in Bengaluru

The first Tejas Mark-1A fighter aircraft took to the skies from the Hindustan Aeronautics Limited (HAL) facility in Bengaluru on Thursday. The successful sortie, which flew for 18 minutes, was piloted by HAL’s chief test pilot, Group Captain KK Venugopal (Retd). “HAL achieved this significant production milestone with concurrent design and development… subsequent to the […]

Centre gives green signal to road project in Andhra Pradesh tiger corridor

The National Board for Wildlife (NBWL) has recommended the use of more than 40 hectares of forest land from the tiger corridor connecting the Nagarjunasagar Srisailam Tiger Reserve (NSTR) and the Sri Venkateswara National Park in Andhra Pradesh for the development of expressways, economic corridors and inter-corridors under the second phase of Bharatmala Pariyojana, according […]

Baltimore bridge collapse: US concerned about impact on immediate region

US officials have expressed concern about the implications rippling beyond the immediate region after a key bridge harbouring America’s largest vehicle handling port collapsed in Baltimore when a cargo ship crashed into it, even as experts predicted repercussions to be “modest and mainly localised”. The 2.6km-long, four-lane Francis Scott Key Bridge over the Patapsco River […]