Sources from the Reserve Bank of India (RBI) informed that some entities raised queries on the guidelines for new bank licences and the central bank would issue clarification on this by the early part of May. It may be recalled that in February 2013, the central bank released guidelines for new bank licences and a
Author: admin (Infratructure Today)
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CCI approves operation in 25 oil, gas blocks
The Cabinet Committee on Investment (CCI) approved 25 blocks for continued exploration of oil and gas in its latest meeting. These blocks involve a total of over $4.6 billion of investment. Of this, $2.71 billion of investment has already been made and further investment to the extent of $1.9 billion
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Mundra port attains 2nd rank in container volume
Gujarat-based Mundra port overtook Chennai port to become the countryÂ’s second biggest container gateway in 2012-13. The Gautam Adani-operated Mundra port loaded 1.57 million standard containers in fiscal 2013. The number one spot in this cargo category has been held for a long time by union government-controlled Jawa
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TN proposes ring road for Salem to cut accidents
The Union Minister of State for Road Transport and Highways Sarvey Satyanarayana has said that to check the number of accidents in Salem city, a proposal to build a ring road, about 60 km long, has been made by the Tamil Nadu government.
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AP has 6,759 km of national highway: Satyanarayana
The Union Minister of State for Road Transport and Highways Sarvey Sathyanarayana told the Lok Sabha on April 22 that Andhra Pradesh has 30 national highways having a length of 6,759 km.
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Flyover planned to solve traffic jams in Kochi’s Vyttila
To resolve traffic problems in Kochi's Vyttila area, the most crowded junction in Kerala, the district administration has come up with a novel idea of constructing portal frame structured flyovers. The major advantage of the portal frame structure is that it will be free of pillars in the middle of the road that will ensure free flow of traffic by incorporating loops and ramps for entering the flyover.
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Jharkhand’s Gumla awaits all-weather roads
In Jharkhand, hundreds of hamlets and villages are still devoid of all-weather roads in the Naxalite-affected Gumla district, though roads are being constructed in the township. Despite the ongoing ninth phase of the PGMGSY, remote habitations - both small and big - are awaiting road connectivities.
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Golf course road widening destroys green cover
Golf Course Road in Gurgaon has been left uncared for by the authorities concerned. Over the months, it has completely lost its green cover, thanks to the multi-crore road widening project being executed with public-private partnership. A drive along this road between Cyber City up to Sector 55-56 roundabout reflects the apathy of the departments which did not even think twice to seek permission from Forest Department for such destruction of foliage.
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World Bank stresses on energy policy revolution
The World Bank on April 17 asked countries to create a viable energy investment climate. The multilateral lending agency is pitching for a revolution in the global energy policy. This was conveyed by the World Bank president Jim Yong Kim in a video message to the two-day Clean Energy Ministerial meet in Delhi.
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MP govt asks civic bodies to adhere to timeline
Madhya Pradesh Urban Administration and Development Minister Babulal Gaur asked various municipal corporations in the state to adhere to timeline for completion of JNNRUM projects. Specifically, the minister asked civic bodies of Bhopal, Indore and Jabalpur to complete Rs 2,652 crore JNNRUM works within time-