Noida: The areas where the major revamp will take place include Rajnigandha Chowk, Sector 16A, Model Town Chowk. The Noida Authority said traffic congestion affects most city routes during morning and evening rush hours, causing inconvenience to commuters, particularly those who work in offices.
At an event by CRISIL, Adani Group Chairman Gautam Adani said, "I can very confidently say that as we stand here today India’s infrastructure industry is undergoing a stunning change the impact of which we will be able to appreciate fully when we look back a decade later."
S&P Global Ratings has upgraded India's credit rating outlook from stable to positive, citing policy stability, deepening economic reforms, and high infrastructure investment as crucial drivers of sustained long-term growth. The sovereign rating remains at 'BBB-', the lowest investment grade.
Overall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka, the World Bank said in its latest South Asia Development Update.
US officials on Wednesday said they disrupted a sweeping Chinese cyber-spying operation that targeted critical American infrastructure entities to be used against America in a geopolitical crisis. The US has long warned against Chinese state-sponsored hacking, but Beijing rebuffs these claims.
Representatives from 16 countries including the US, Taiwan, Japan and Germany, are attending the summit, which aims to project the state as an attractive global investment destination.
Mundra has emerged as a shining example of a city with a port-driven economy in India. The port's operations have facilitated trade and commerce, driving economic growth not just in Kutch but also in the larger national context.
India's foreign exchange reserves dropped by USD 2.335 billion to USD 590.702 billion for the week ended on September 22, 2023, the Reserve Bank of India said.
Notably, in the Budget 2023–24, the government emphasised the need for increased spending in the infrastructure sector.
At a ceremony organised by the Border Roads Organisation at Devak Bridge on Bishnah-Kaulpur-Phulpur Road in Jammu & Kashmir, the Defence Minister will inaugurate 22 Roads, 63 Bridges, Nechiphu Tunnel in Arunachal Pradesh, two airfields in West Bengal.
The G20 Global Partnership for Financial Inclusion document by World Bank said that India has done in six years what otherwise would have taken five decades.
According to sources privy to the development, the deal could reconfigure trade between the Gulf and South Asia, linking Middle Eastern countries by railways and connecting to India by port.
According to an exchange filing, the quarterly net profit came stood at Rs 8.02 crore. It had posted a net profit on consolidated basis at Rs 4.48 crore, according to an exchange filing by the company.
The output growth of the eight sectors slowed down to 5.8 per cent in April-June 2023-24 against 13.9 per cent in the year-ago period.
The IMF applauds India's digital infrastructure and highlights a building block approach and innovation-fostering practices as a model for other nations experiencing a digital transformation.
The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
Sarma said that more than 4,000 schools will be covered under the initiative.
PM Modi began with his foreign visits to meet counterparts, discuss what India wants and can give, like all prime ministers but with one difference, his unique style of making a personal relation with them.
The pace of development both on approval of projects and execution has been impressive unlike situation during previous governments when projects were merely passed on paper but less execution on the ground.
General Officer Commanding-in Chief of the Eastern command, Lt Gen R P Kalita, however, said the Indian side is also continuously upgrading its infrastructure and capabilities to deal with any situation which may arise along the border.
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