The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
FlashNews:
Atlanta Electricals Secures ₹2.98 Billion Transformer Orders from GETCO
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Cabinet Approves ₹27.8 Billion Rail Multitracking to Boost Gujarat and Maharashtra Connectivity
BC Jindal Group Secures 150 MW RTC Power Deal with SECI
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Sanchar Saathi Recovers 50,000 Phones in October; Crosses 700,000 Nationwide Since Launch
Akasa Air Expands Northeast Connectivity, Adds Dibrugarh as 32nd Destination
Ministry of Power Advances India Energy Stack with Taskforce Review of Strategy and Architecture
Vaishnaw Stresses Industry-Aligned Skilling to Power India’s Digital and Electronics Growth
DGCA Issues Urgent Advisory as Ethiopian Ash Cloud Enters Indian Airspace
DFCCIL Freight Operations Surge 48% as Corridors, Terminals Expand
SMFCL Board Clears $3 Billion Borrowing Plan to Accelerate Maritime Infrastructure Financing
Air India Restores Codeshare with Air Canada to Expand India-Canada Flight Network
Indian Railways Freight Loading Surges Past 1 Billion Tonne Milestone This Fiscal
IWAI Signs MoUs to Boost Assam’s Inland Waterways and Industrial Logistics
Air India Express to Launch Services from Navi Mumbai International Airport on Day One
Tata Power, Druk Green Power Corp. Seal ₹1.31 Trillion Pact for Bhutan’s Largest PPP Hydro Project
IndiGo Commits $820 Million to Transform Fleet Ownership Via GIFT City Finance Hub
NHAI Launches RIIMPL to Drive Public InvIT for Highway Monetisation
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