Govt estimates Rs 880 lakh crore investment in infra by 2047 for high growth

NEW DELHI: To push China like infrastructure development and financial growth, India will need Rs 845-880 lakh crore investment between 2023 and 2047, according to an estimate presented to the Council of Ministers this week. It has recommended the roadmap for augmenting key infrastructures to meet future need by setting the target to increase highway […]

Indian DGCA and EU aviation agency to collaborate on unmanned aerial vehicles

NEW DELHI: India is quickly moving to take its success in the area of drones to the next logical steps like using air taxis for urban mobility. Aviation authorities are tying up with international agencies to make the framework of rules to safely implement them same by devising air traffic management solutions; develop certification standards […]

Former SKS Ispat CMD Anil Gupta accused of defrauding MNC of $1.8 million for Juhu guest house

NEW DELHI: Anil Mahabir Gupta, the former Chairman and Managing Director of bankrupt SKS Ispat, has once again landed in trouble. Agritrade India, an MNC dealing in agricultural commodities, has accused Gupta of deceiving the company after receiving $1.8 million for a guest house in Juhu, Mumbai. Earlier, the Enforcement Directorate (ED) had stated on […]

Green plugs: Metro parking lots to boast of 70 EV charging stations

NEW DELHI: Apart from providing safe and comfortable commute, Delhi Metro now has infrastructure for charging electric vehicles. Of the 100 locations identified by Delhi Transco Limited (DTL) for installing the EV charging facilities, 70 are in Delhi Metro parking lots and 46 of them already have operational facilities. “Transmission utility DTL has been designated […]

Non-contribution in RRTS project: SC directs Delhi govt to furnish details of funds spent on advertisements

NEW DELHI: The Supreme Court on Monday slammed the Delhi government for expressing its inability to contribute funds for construction of the Regional Rapid Transit System (RRTS) project and directed it to furnish details of money spent on advertisements in the last three financial years. The funds were needed for construction of the RRTS stretch […]