The Ministry of Railways has informed to have registered an 18% increase in freight in the month of October vis-à-vis the same period last year. It has also earned revenue from freight about Rs 250 crore higher than the last year during the same period. It has already loaded over 26 million tonnes of freight…
The government has allowed the taxpayers to file their GST annual return for FY-2018-19 till October 31 and it has urged the taxpayers to avail the benefit of the extended deadline and file their return promptly. The finance ministry has made the provision to report only the values of transactions pertaining to the concerned financial…
The Ministry of Road Transport and Highways (MoRTH) has completed the construction of 3951 km length of road during the first half of the current financial year. It has been successful in achieving construction pace of 21.60 km per day, despite facing a lot of challenges due to COVID-19 spread. The Ministry has set an…
Despite the coronavirus outbreak, the National Highway Authority of India (NHAI) has been successful in awarding 60% more length of projects in comparison to the last year from April to September 2020. It has successfully awarded the highest length of projects in the last three years. Altogether it has awarded 40 projects of the combined…
Atal Tunnel, the longest Highway tunnel in the world located in Himalaya’s Pir Panjal range, was inaugurated by Prime Minister Narendra Modi. It connects Manali in Himachal Pradesh to Lahaul-Spiti valley. The 9.02 km long Atal Tunnel will keep both these locations connected throughout the year. Earlier due to heavy snowfall, the valley used to…
Ministry of Housing & Urban Affairs (MoHUA) has joined hands with online food ordering and delivery platform Swiggy to bring street food vendors onboard at its ecommerce platform in line with the commitments of PM SVANidhi (Prime Minister Street Vendor’s AtmaNirbhar Nidhi). While the scheme provides online access to thousands of consumers, it also helps…
Giving a major relief to the COVID-19 hit homebuyers in Uttar Pradesh, the state government has extended the one-time settlement scheme for allottees till December 31, 2020. Earlier the scheme had ended last month. The development assumes significance as more and more allottees have defaulted on payments which has caused loss of revenue to the…
Just after the listing of Embassy Office Parks and Mindspace REITs, the Canadian asset manager Brookfield is also getting ready for the listing of its REIT in India. Currently, it’s filing the Draft Red Herring Prospectus (DRHP) to initiate the process. Brookfield is expected to raise up to USD 600 million (around Rs 4,440 crore)…
Madhya Pradesh (MP) Chief Minister Shivraj Singh Chauhan inaugurated a 1.420 km long flyover connecting Gwaliar in MP to Dholpur in Rajasthan and dedicated it to the nation amid the presence of Union ministers Faggan Singh Kulaste, Thavarchand Gehlot and Gen (Retd) VK Singh, besides local MPs and MLAs, among others. The flyover has been…
The National Capital Regional Planning Board (NCRPB) has sanctioned over Rs 15000 crore loans in projects valued at Rs 31000 crore, informed Durga Shankar Mishra, Secretary, MoHUA while speaking on the occasion of launching Project Management Information System (P-MIS), a major step towards using digital and mobile technology. The step is aimed at improving transparency…
