In a significant step to move towards a gas-based economy, the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved ‘Natural Gas Marketing Reforms’.

National Highways Authority of India (NHAI) has awarded projects for a total cumulative length of 1,330 km in the current financial year. The projects awarded so far are 1.6 times higher of 828 km awarded in FY 2019-20 and 3.5 times higher of 373 km awarded in FY 2018-19 during the same period.

Union Minister of Railways & Commerce & Industry, Piyush Goyal inaugurated the Phoolbagan Metro station of Kolkata’s East-West Metro on Sunday. Goyal also flagged off the first train from the newly inaugurated station through video link.

Leading global technology company ABB has launched a new ‘Global Diversity & Inclusion Strategy 2030’ through which it plans to double the proportion of female managers worldwide over the next ten years.

Of the 38 mines offered for auction, the Ministry of Coal received a total of 76 eligible bids for 23. The technical bids comprising online and offline bid documents as part of the auction were opened at 10.00 am on Wednesday. This was done in the presence of bidders who were given the option of joining the meeting in either in-person or virtually.

The National Safety Council of India (NSCI) conferred Shapoorji Pallonji’s Engineering & Construction (SP E&C) division with seven awards in the buildings and non-building categories for construction safety.

It was a sad story! But one filled with hope and optimism for the future. As per data shared by the Ministry of Statistics and Programme Implementation, 441 infrastructure projects have incurred cost overruns of Rs 4.35 trillion due to various, but predominantly delay in implementation.

Cost optimisation is a critical necessity in India. Given the infrastructure sector's role in a rapidly expanding major global economy like India's in facilitating trade, transport and communication, it is imperative for construction projects to be implemented under expert supervision to ensure their functionality and longevity.

The Ministry of Road Transport and Highways (MoRTH) has signed a memorandum of understanding (MoU) with the Federal Ministry of Climate Action, Environment, Energy, Mobility, Innovation and Technology of the Republic of Austria on technology cooperation in the road infrastructure sector.