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TOLL REVENUE LOSS
Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...- ‘Main Street vs The Merger’: Hollywood workers rally against $110 bn Paramount-Warner dealA major media merger faces opposition from industry professionals and politicians. They fear the Paramount Skydance acquisition of Warner B...
- Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily lifeFuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil ...
- US stocks today: S&P 500 rises on Mideast peace hopes as oil prices dipUS stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S...
- Adani Enterprises shares jump 5% after nearly 60 lakh shares worth Rs 1,435 crore change hands in block dealAdani Enterprises shares surged over 5% following a substantial block deal worth Rs 1,435 crore. Despite a Q4 net loss, revenue climbed 20%...
- West Bengal orders crackdown on illegal mining to plug revenue leakagesIn a decisive move, West Bengal's Chief Minister Suvendu Adhikari has instructed all relevant departments to clamp down on the financial dr...
- NHAI settles arbitration claims in Panipat-Jalandhar Highway project casesThe National Highways Authority of India has successfully settled two major arbitration cases. An arbitral tribunal awarded NHAI Rs 819.96 ...
- The battle for Hormuz risks sparking the next Iran clashIran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gul...
- Cloudflare to cut about 20% of 5,000-plus workforce as AI adoption reshapes operationsCloudflare announced significant layoffs, cutting approximately 20% of its workforce, impacting over 1,100 global employees. This restructu...
- How long before Iran breaks under crushing US pressure?Iran and the US face a prolonged standoff. The US is intensifying economic pressure on Iran's economy. Iran indicates it can withstand the ...
- Berkshire Hathaway profit rises despite consumer stress, cash sets recordBerkshire Hathaway reported stronger Q1 operating profit despite economic headwinds impacting consumer businesses. Led by Warren Buffett an...
- Ganga Expressway to be toll-free for 15 days: UP GovernmentGet ready for an exhilarating ride on the Ganga Expressway – for free! The Uttar Pradesh government has declared a 15-day toll waiver, invi...
- Adani Enterprises Q4 Results: Co posts Rs 221 crore loss vs profit a year ago, but revenue rises 20% YoYAdani Enterprises Q4 Results: Co reported a net loss of Rs 221 crore in Q4, despite a 20% rise in revenue to Rs 32,439 crore. The company's...
- Citius TransNet InvIT lists at 5% premium over IPO price. Check detailsUnits of Citius TransNet Investment Trust listed at a 4.5% premium, debuting at Rs 104.50 against the issue price of Rs 100. The Rs 1,105-c...
- Did Microsoft lose its AI edge? What changed in the Microsoft OpenAI deal— and why Microsoft stock fell while Amazon stock surged?What changed in the Microsoft OpenAI deal? Microsoft stock fell 2–3% after the Microsoft OpenAI deal ended exclusivity, shaking the AI mark...
- Annual toll pass on NHs could could dent toll revenue by up to 8%, says rating agenciesWhile CareEdge Ratings estimate 7-8% impact in toll revenue for the sample project length of 5000 km, Crisil Ratings pegs the loss at 4-8%,...
- Extension of concession period for toll road operators unlikely to provide adequate relief: IcraThe Ministry of Road Transportation and Highways (MORTH) had suspended tolling on all national highways for a 25-day period between March 2...
- Road developers to incur Rs 3,700 cr toll revenue losses in Mar-Jun: CrisilCrisil said the extended lockdown to contain the COVID-19 pandemic, which has stalled traffic on the ground as in the air, is expected to h...
- NHAI's compensation for toll revenue loss insufficient: ICRANational Highway Authority of India (NHA) has suffered an income loss of around Rs 1,238 crore due to suspension of toll collection on high...
- ICRA says exemption of toll will lead to Rs 460 crore revenue lossA majority of the highways do not have a sizeable accumulated surplus or a debt service reserve account (DSRA), which will put these projec...
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