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INFRASTRUCTURE FUNDS AMARAVATI
State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
Cabinet clears Rs 2,169 crore worth Ahmedabad Metro airport extensionThe Union Cabinet has approved the Ahmedabad Metro Phase 2A project. This 6-km extension will connect Koteshwar Road to the Sardar Vallabhb...
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
Amaravati still under construction, but Quantum Valley project already luring deep tech startups, scientistsAmaravati, a new city in Andhra Pradesh, is becoming a hub for quantum computing. A technology park called Quantum Valley is attracting sci...
World Bank, ADB delegations review infrastructure works in AmaravatiA delegation from the World Bank and the ADB was in Amaravati this Monday to take stock of the city’s ambitious development projects. Their...
Andhra Pradesh govt notifies five model e-mobility cities under EV policy 4.0Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0. Five cities, Visakhapatnam, Rajahmundry, Vijayawada, Nellore, and...
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
Betting big on Amaravati: Execution, funding and a real trust test aheadThe Andhra Pradesh Reorganisation (Amendment) Act 2026 has formally settled Amaravati as the state’s capital, ending years of political unc...
World Bank releases $340 mn for Amaravati development, additional $150 mn likely in AprilThe World Bank has released USD 340 million so far for the Amaravati Capital Phase-I project in Andhra Pradesh, a senior official said. The...
CRDA approves over Rs 1,300 crore to develop layouts in AmaravatiThe Capital Region Development Authority (CRDA) meeting, chaired by CM N Chandrababu Naidu, approved over Rs 1,300 crore for layout develop...
Andhra govt unveils Amaravati Quantum Valley plan, eyes USD 1 bn investment by 2029Andhra Pradesh has approved the Amaravati Quantum Valley Declaration, aiming to become a global quantum technology hub. The initiative seek...
Amaravati construction work to commence by March 15: Andhra MinisterAndhra Pradesh Municipal Minister P Narayana announced that construction for Amaravati's greenfield capital will commence by March 15. Tend...
Andhra govt approves roadworks worth Rs 2,723 crore in AmaravatiThe Andhra Pradesh government approved road infrastructure works worth Rs 2,723 crore in Amaravati. The funds will be used for building lay...
Andhra Minister Lokesh welcomes Centre's commitment for Polavaram project, funds for AmaravatiThe Central and NDA government support Amaravati and Polavaram, with Nara Lokesh expressing gratitude. Finance Minister Nirmala Sitharaman ...
YS Jaganmohan Reddy restarts works at AmaravatiAhead of N Chandrababu Naidu's tour scheduled for Thursday, chief minister Reddy held a meeting of the Capital Region Development Authority...
After World Bank, China-led development bank pulls out of Amaravati projectThe construction of the city, known as Amaravati, is the brainchild of the state's former chief minister, N. Chandrababu Naidu, who lost po...
Amaravati development needs $2-4 trillion investment: Chandrababu NaiduIt can be noted that the Andhra Pradesh government early this month had raised Rs 2,000 crore by way of issuance of 'Amaravati Bond 2018', ...
Andhra’s bonds for Amaravati oversubscribed by 1.5 timesthe CRDA has decided to retain the additional subscription of Rs 700 crore by exercising the green-shoe option
Pi Datacenters in talks to raise $90 million for expansionPi Amaravati to reach a total capacity of 5,000 racks over next 12-18 months
New Andhra Pradesh capital Amaravati to cost over Rs 27,000 crore: PanelAn expert committee appointed for the new capital of Andhra Pradesh has suggested an estimated Rs 27,097 crore as the cost for building 'Am...