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Union Budget: Funds use in slow lane, MoRTH budget allocation likely to see meagre hikeIndia Budget: The Ministry of Road Transport and Highways may see a modest 1-2.5% budget increase for FY27, reaching ₹2.9-2.94 lakh crore. ...- Toll collection surges 26% to ₹7,053 cr in AugustIndia's toll collection reached ₹7,052.91 crore in August, the second-highest ever, driven by the annual toll pass, increased freight movem...
- Toll collection up 20% in June quarter to record Rs 20,682 croreIndia's highway toll collection soared by 19.6% to ₹20,681.87 crore in Q1 FY26, driven by a low base from the previous year, increased toll...
- Road ministry imposes additional performance security on low bidsThe move, which will increase the cost of projects for the bidders, is aimed at doing away with the trend of abnormally low bid prices in n...
- Toll mopup rises 12.5% in FY25 to an all-time highToll rates are revised on an average by 3-5% every year with effect from April 1 and are linked to changes in the wholesale price index-bas...
- Tax rebate for scrapping vehicles may be doubledThe Ministry of Road Transport and Highways proposes doubling the motor vehicle tax rebate for scrapping older vehicles. Buyers scrapping B...
- Toll mopup may top Rs 70,000 cr in 2024India's toll collection in 2024 may exceed ₹70,000 crore as daily collections grow due to new toll plazas and increased economic activity. ...
- Festivals take e-toll collections to a record ₹6,000 crore in OctoberIndia witnessed its highest-ever monthly electronic toll collection in October, reaching ₹6,114.92 crore. This surge, a 7.6% increase from ...
- Budget 2024: What India's aviation sector needs from Nirmala Sitharaman for a long flightBudget 2024 for aviation focuses on enhancing regional connectivity, expanding airport infrastructure, supporting domestic MRO and aircraft...
- Nitin Gadkari to hold meet on stalled highway projectsRoad Transport and Highways Minister Nitin Gadkari is set to convene a comprehensive review meeting with top officials from various ministr...
- Highway contracts stuck for a right schemeNHAI struggles to meet expressway construction targets amid investment constraints in India's road infrastructure development.
- NHAI set to incorporate wayside amenities into design of highwaysNHAI is targeting 1,000 wayside amenities over the next five years--one at every 50 km along national highways--against 600 envisioned earl...
- Centre studying innovative ways to boost infrastructure fundingGovernment plans to capture land value increase from road projects through mechanisms like auctioning exits and betterment levy to boost in...
- Airfares jump 20-25 pc amid Vistara woes, high travel demandFaced with pilot woes, Vistara has cut 25-30 flights daily or 10 per cent of its total capacity, a development that comes when the country'...
- Toll collection on national highways surpassed Rs 50,000 crore till January-end this FYThis fiscal year will see record toll collection of about Rs 62,000 crore aided by increase in tolled roads and addition of new FASTag user...
- Expert view on Budget FY25: Private sector will have to step up capex to maintain growth momentumAn 11.1% increase in capital expenditure, announced by the finance minister Nirmala Sitharamn on Thursday, is below than expectation but ex...
- Budget 2024: Higher capex for infrastructure likely with green focusThe upcoming interim budget is likely to see higher capital expenditure on infrastructure, with a focus on green investment to meet the dem...
- Talks begin to make BOT rules more investor friendlyThe Centre commissions national highways through EPC, BOT and hybrid annuity model (HAM) agreements with road developers. It has heavily re...
- Air India divestment process looks very uncertain amid Covid-19 crisis: CrisilIn 2018, the government's efforts to divest Air India failed to take off
- Domestic aviation industry to crash-land this fiscal with Rs 24,000-25,000 crore revenue loss: CrisilThe aviation sector may take at least 6-8 quarters to reach pre-pandemic levels.
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