BMC budget 2023-24: Cost of Goregaon Mulund Link Road project rises by 60 pc in 3 yrs

The Brihanmumbai Municipal Corporation’s (BMC) ongoing Goregaon Mulund Link Road (GMLR) project for additional connectivity between eastern and western suburbs in North Mumbai has seen a cost escalation of 60.42 per cent in the past three years, and an escalation of 28.7 per cent in the past year alone, according to figures from the civic […]

Metro work: Traffic police caution commuters of more congestion at Pune University junction, to put in place further diversions

The Pune Traffic police cautioned citizens to brace for further traffic jams at the Pune University junction and connecting roads in the coming days owing to work on the next phase of Pune Metro and announced additional traffic diversions Saturday (February 4) night. Pune Metropolitan Region Development Authority (PMRDA) in 2020 demolished the old flyovers […]

Railways set to introduce Bharat Gaurav Tourist Train to showcase Gujarat

The railways is set to introduce a Bharat Gaurav Deluxe AC Tourist Train to showcase Gujarat under the Ek Bharat Shreshtha Bharat programme, according to an official statement on Sunday. The train on “Garvi Gujarat” tour will depart from Delhi’s Safdarjung station on February 28. “This train tour has been designed on the lines of […]

Advanced systems to help Vande Bharat trains cross steep ghats

The two new Vande Bharat Express trains, to be introduced on CSMT-Shirdi and CSMT-Solapur routes, are equipped with “additional parking brakes” and “traction motor system” that will enable these trains to stop in case of signalling or emergency, and prevent it from rolling down on both routes comprising Ghat sections, said a senior Central Railway […]

Mumbai-Ahmedabad bullet train project will be ready in 2026, says MP Sushil Kumar Modi

Senior BJP leader and Rajya Sabha member Sushil Kumar Modi Saturday said that the bullet train project connecting the cities of Mumbai and Ahmedabad will be completed by August 2026 as the change in governance in Maharashtra has “removed the obstacles” in land acquisition. Modi, who was in Ahmedabad to “convey the important aspects” of […]

Post VAT hike, Punjab residents will buy petrol, diesel from neighbouring states where fuel is cheaper: Opp

Opposition parties in Punjab, Congress and Shiromani Akali Dal, Saturday slammed Aam Aadmi Party (AAP) government in Punjab for increasing value added tax (VAT) on petrol and diesel. Leading the attack, Leader of Opposition Partap Singh Bajwa accused the Bhagwant Mann-led government of “burdening the Aam Aadmi (the common man) with fuel cess”. Bajwa demanded […]

‘Air purifying towers will have demonstration effect… need to take steps for industries and power sector’

Municipal Commissioner Iqbal Singh Chahal speaks to Eeshanpriya MS about BMC’s fiscal health and the initiatives planned to address the city’s deteriorating air quality. How is BMC’s fiscal health? Five years ago, only 21% of the money was going to development projects and 79% was being used to pay salaries as well as on operation […]

Regulators should be on their toes to keep market stable, Adani issue a company specific matter: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has said that regulators Sebi and RBI should always be on their toes to keep the equity market stable and indicated that the Adani stock rout following a Hindenburg report was a company specific issue. She said banks and insurance companies are “not overexposed” to any one company and assured that […]

Adani crash: FM says no dent in macro, economy’s image; Sebi steps in as well

The government Saturday again stepped in to calm the markets hit by the Adani sell-off stating that the macro-economic fundamentals and the country’s image have not been affected. And that the “independent” regulators will do their job on the crash in stocks of Adani group companies after US-based Hindenburg Research raised allegations of “brazen stock […]