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03 Feb 2026
India's focused investment in infrastructure and tourism has strengthened regional growth and domestic travel, the Vice President noted during the closing ceremony of a national cultural event at the Red Fort. Highlighting over 400 crore domestic tourist visits last year, he emphasized that improved road networks, expanded rail connectivity, new airports, and enhanced heritage and pilgrimage facilities have benefited previously less-connected regions, including the Northeast. Cultural initiatives such as Bharat Parv and Kashi Tamil Sangamam have further promoted national integration, showcasing India's diversity while boosting tourism and local economic activity.Read more
03 Feb 2026
The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated a safety review of the new double decker Mira-Bhayandar flyover following public complaints about abrupt lane changes that could increase accident risks. The flyover, running along Mira Bhayandar Road near Metro Line 9 and over Golden Nest Circle, narrows from four lanes to two in a short stretch. Officials say this layout is part of a phased plan accounting for limited space and future extensions. Traffic experts are evaluating measures like barriers, rumble strips, and signage to enhance safety before the flyover opens.Read more
03 Feb 2026
Bengaluru is revising its Comprehensive Mobility Plan (CMP) to address the city's growing traffic congestion and changing travel patterns. The existing plan, approved in 2020, relied on outdated data collected before the city's rapid expansion and metro network growth. The new plan will integrate metro expansions, Parking Policy 2.0, Transit-Oriented Development, arterial road projects, and the impact of Kempegowda International Airport's Terminal 2. It aims to improve public transport usage, support pedestrian and cycling infrastructure, reduce congestion, and coordinate planning across key transport and civic agencies.Read more
03 Feb 2026
ACME Solar Holdings Ltd posted a 1.5 per cent rise in consolidated net profit for the December quarter to INR 114 crore, aided by a 53.9 per cent increase in revenues to INR 617 crore. Higher expenses accompanied the revenue growth. Power generation jumped 49 per cent to 1,567 MUs, supported by improved capacity utilization and new projects. The company partially commissioned 72 MW of wind capacity in Gujarat, secured a 130 MW RTC project, and arranged INR 4,725 crore debt funding to support its renewable expansion.Read more
03 Feb 2026
The government has constructed nearly four crore pucca houses for economically weaker sections over the last ten years, the President said in an address to Parliament. The housing effort continued during the past year, with around 32 lakh houses completed and handed over to beneficiaries. These homes were built mainly under the Pradhan Mantri Awaas Yojana across rural and urban areas. The initiative forms part of a broader push to improve living conditions, ensure basic amenities, and provide long-term housing security to low-income families across the country.Read more
03 Feb 2026
Andhra Pradesh is working to strengthen its logistics system by improving rail connectivity to ports, industrial centres and neighbouring states. Chief Minister N Chandrababu Naidu has asked officials to speed up railway projects to support cargo movement, especially horticulture and industrial goods. The state is focusing on better port linkages, new railway lines, station redevelopment and stronger regional connections. With several rail projects underway and large investments already committed, the government aims to reduce logistics costs and improve freight efficiency across the state.Read more
03 Feb 2026
NTPC Green Energy Ltd saw its consolidated net profit fall sharply by 74% to INR 17.32 crore in the December quarter due to rising expenses, despite total income increasing to INR 684.22 crore from INR 581.46 crore a year ago. The company's expenses rose to INR 615.60 crore, highlighting cost pressures in the clean energy sector. NGEL, managing NTPC's renewable projects, continues to expand through both organic and acquisition-led initiatives. The results underscore that while demand for green energy remains strong, careful expense management is essential to sustain profitability.Read more
03 Feb 2026
The Economic Survey for FY 2025-26 highlights that passenger fare revisions over the past five years have lowered Indian Railways' reliance on freight revenue. Freight's share in total earnings fell from 68% in FY 2023 to 65% in FY 2025, with projections of 62% in FY 2026. Despite this, freight profits continue to cover passenger losses, leaving an uncovered deficit of INR 5,257 crore. Improved operational efficiency, capacity expansion, and sustained demand from core sectors have kept freight loading above historical averages, while high rates and cross-subsidisation remain challenges for competition and cost control.Read more
03 Feb 2026
Larsen & Toubro's Heavy Civil Infrastructure unit has secured a major contract worth between INR 5,000 crore and INR 10,000 crore from the Royal Commission of Riyadh City for the Red Line extension of the Riyadh Metro in Saudi Arabia. The project, part of an ultra-mega initiative led by a consortium including Webuild S.p.A., Nesma & Partners Contracting, Alstom, and IDOM, involves designing and constructing an 8.4 km corridor with elevated and underground sections and five stations, strengthening L&T's global presence in complex metro and mass rapid transit projects.Read more
03 Feb 2026
Ghaziabad's Integrated Traffic Management System (ITMS), developed under the Smart City initiative, is fully complete but has not started operations due to delays in the official inauguration. Initially set to open in mid-December and later postponed to mid-January, the project remains inactive. Funded with INR 53 crore, it features cameras at 78 key junctions for traffic monitoring and violation detection. The municipal authorities have planned a local inauguration soon, while the formal ceremony will follow later. Political leaders have criticised repeated delays, noting public inconvenience and the taxpayer-funded nature of the project.Read more
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03 Feb 2026
Dubai-based workspace provider CorporatEdge has partnered with Braymont Holding to expand its Global Capacity Centres (GCCs) across the Gulf region with a combined investment of INR 225 crore. The first UAE Offitel in Downtown Dubai spans 36,000 sq ft and includes 95 fully serviced premium suites. The centre caters to global enterprises, regional headquarters, and fast-growing companies with scalable office solutions, concierge services, wellness-oriented spaces, and collaborative meeting areas. The joint venture aims to establish future-ready, hospitality-led workplaces leveraging both global expertise and local market understanding.Read more
03 Feb 2026
India has established its first mega shipbuilding cluster at Thoothukudi under a special purpose vehicle named National Shipbuilding & Heavy Industries Park, Tamil Nadu (NSHIP, TN), formed as an equal joint venture between V O Chidambaram Port Authority and SIPCOT. The project falls under the Union Cabinet-approved Shipbuilding Development Scheme worth INR 19,989 crore and features plug-and-play infrastructure across 2,000 acres with 2 km of waterfront. It aims to enhance commercial shipbuilding capacity, support industrial growth, generate large-scale employment, and build a self-reliant maritime ecosystem with globally competitive capabilities.Read more
03 Feb 2026
India Power Corporation Limited has partnered with Bhutan's Green Energy Power Private Limited to develop a 70 MW solar project in Paro, part of a larger 1.5 GW solar expansion planned over the next five years. The move comes as Bhutan's power demand is set to more than double, driven by urban development, industrial growth, and digital infrastructure. The Tenchuka site offers favorable conditions for solar energy and easy power evacuation. This initiative marks Bhutan's first independent power producer solar project and highlights growing Indian investments in Bhutan's renewable sector.Read more
03 Feb 2026
Kolkata Metro has stabilised Blue Line operations following a temporary approval from the Commission of Railway Safety (CRS) to allow trains to switch tracks at Kavi Subhash station. The southern terminal had been partially closed after cracks were detected in platform-supporting piers, forcing Shahid Khudiram station to act as the terminal despite lacking a crossover. Previously, trains could not depart Shahid Khudiram before the previous train completed its turnaround at Kavi Subhash, causing delays. With 172 daily trains now able to switch tracks efficiently, operational accuracy has reached around 98 per cent, improving commuter reliability.Read more
03 Feb 2026
The Baltana railway underpass project at Raipur Kalan-Harmilap Nagar level crossing (RUB-123) has reached the final stage of land acquisition, moving closer to construction. Notifications under Sections 19 and 20 of the 2013 Land Acquisition Act have been issued, completing the last legal requirement. The Ambala railway division has requested Chandigarh to pay its 50 % share of the INR 12.81 crore project cost to start tendering. Local leaders and community groups have actively followed up with officials to ensure funding is released promptly and construction begins without delays.Read more
03 Feb 2026
The National Green Tribunal (NGT) has ordered a detailed investigation into pollution complaints from residents of Tulsi Tower in Shivaji Nagar, Bhopal, linked to the nearby Tulsi Green construction project. Residents have reported excessive dust, noise at night, open dumping of construction materials, and untreated wastewater affecting health and living conditions. The NGT has constituted a joint committee and asked the Madhya Pradesh government, the developer, and the MP Pollution Control Board to submit responses within four weeks. The next hearing is scheduled for late February.Read more
03 Feb 2026
The Gurugram Metropolitan Development Authority (GMDA) is moving forward with the construction of a six-lane underpass at Bakhtawar Chowk to reduce traffic congestion on the busy Subhash Marg corridor. The project has been allocated INR 80 crore and will span about 550 metres, including two surface lanes for local traffic. It is being coordinated with the Sector 47 metro station on the Millennium City Centre-Cyber City corridor. The underpass replaces an earlier flyover plan and reflects years of planning to streamline vehicle movement in the area.Read more
02 Feb 2026
A high-level government panel has urged Indian Railways to adopt a staggered approach to station redevelopment projects, suggesting that spending be linked more closely to revenue and financial capacity. This recommendation comes amid efforts to prioritise funds for strategic rail corridors and core infrastructure, ensuring that major redevelopment initiatives do not strain resources or distract from key network enhancements. The panel's advice emphasises phasing large-scale station projects over a longer period rather than pursuing simultaneous, costly upgrades. By aligning redevelopment expenditure with actual revenue generation and financial planning, Indian Railways can better balance modernisation aims with fiscal sustainability. The proposal reflects a broader focus on long-term programme development and efficient allocation of capital within the rail sector, allowing core transport corridors to receive priority funding.Read more
02 Feb 2026
Real estate developers in West Bengal have largely welcomed the Union Budget 2026-27 for its strong emphasis on infrastructure-led growth, saying higher capital expenditure on highways, Metro rail, logistics corridors and urban infrastructure will improve connectivity and unlock new growth corridors across eastern India. Industry bodies believe the focus on Tier-II and Tier-III cities, City Economic Regions (CERs), REITs, InVITs and risk-mitigation mechanisms will support long-term urban development and attract institutional capital. However, developers have expressed disappointment over the absence of targeted measures for affordable housing, warning that unchanged price and area caps, rising land costs and higher construction expenses could further shrink supply. They cautioned that continued neglect of this segment could push up rentals, increase commuting distances and worsen informal housing in urban areas, even as infrastructure investment creates broader economic momentum.Read more
02 Feb 2026
Finance Minister Nirmala Sitharaman has proposed the creation of an Infrastructure Risk Guarantee Fund in the Union Budget 2026-27 to provide calibrated partial credit guarantees to lenders and strengthen private sector confidence during the development and construction phases of infrastructure projects. Presenting the Budget in Parliament, she highlighted the government's decade-long push to scale up public infrastructure through new financing instruments such as InVITs and REITs, along with institutions like NIIF and NABFID. The Budget also places renewed emphasis on urban development, particularly in Tier-II and Tier-III cities and temple towns. To unlock the economic potential of urban agglomerations, the government plans to map city economic regions and allocate dedicated funding to support targeted, reform-linked infrastructure development.Read more
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