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09 Aug 2026
The Union Cabinet has approved the INR 23,731 crore GOBARdhan scheme to expand compressed biogas (CBG) production by using agricultural and municipal waste as feedstock. The initiative aims to increase domestic CBG production nearly ten-fold, reduce dependence on imported fossil fuels and create opportunities for farmers, cooperatives, MSMEs, women entrepreneurs and rural businesses. The Cabinet has also cleared a 135.871-km, four-lane access-controlled Guwahati-Tezpur corridor on NH-15 in Assam at a cost of INR 8,970.20 crore. The highway is expected to improve connectivity, road safety and movement between Assam and Arunachal Pradesh.Read more
09 Aug 2026
Iron Mountain has raised its full-year revenue and earnings guidance after reporting stronger-than-expected second-quarter results, supported by growing demand for its data center business amid the expansion of AI services. The company recorded a sharp increase in data center leasing activity and continued strong growth across its data center, asset lifecycle management (ALM) and digital solutions businesses. It also exceeded analysts' revenue and AFFO expectations and announced a higher quarterly cash dividend, reflecting confidence in its business performance for the rest of the year.Read more
09 Aug 2026
Legal professionals Maneck N. Mulla, Ameet B. Naik and Neil Mandevia have formed MNM Partners, a strategic legal alliance bringing together expertise across real estate, infrastructure, dispute resolution, family office advisory, trusts, succession planning and white-collar crime. While each founder will continue to independently lead their existing law firms, the new partnership aims to provide integrated legal services to corporates, developers, investors, financial institutions, family offices and high-net-worth individuals in India and overseas. The alliance also intends to expand into a broader multidisciplinary legal platform as its practice evolves.Read more
09 Aug 2026
Passenger traffic on the Delhi-Meerut Namo Bharat corridor has risen sharply during the Kanwar Yatra as road restrictions and diversions have made road travel more difficult across parts of Delhi-NCR and western Uttar Pradesh. Several stations have recorded more than 40 per cent growth, with Ghaziabad seeing an increase of over 50 per cent and daily usage of 15,000 to 20,000 passengers. The corridor also recorded its highest-ever average daily ridership of around 1.5 lakh passengers during the ongoing pilgrimage period. NCRTC has added 52 daily train trips to manage the higher demand.Read more
09 Aug 2026
Around 60 per cent of nearly 600 real estate projects under scrutiny in Kolkata are expected to receive clearance within days, while most of the remaining projects could get approval before the August 15 deadline. The scrutiny was introduced by the Kolkata Municipal Corporation for projects above four floors after the collapse of a warehouse at Taratala. Construction at the affected projects had been suspended for revalidation of approvals issued under the previous TMC government. CREDAI West Bengal said the review process has made progress, while projects with incomplete submissions or serious deviations may remain stalled.Read more
08 Aug 2026
A parliamentary panel has flagged major planning, execution and financial sustainability shortcomings in BSNL’s INR 942.34 crore project to establish 25,000 Wi-Fi hotspots at rural telephone exchanges. The Committee on Public Undertakings noted that BSNL commissioned 24,333 hotspots, or 97.3% of the target, but earned only INR 3.09 lakh against a projected INR 75 crore revenue target. The report also highlighted delays, subsidy losses, liquidated damages and downtime penalties, recommending stronger monitoring, accountability and performance-linked funding for future telecom infrastructure projects.Read more
08 Aug 2026
The Goa government has proposed a collaboration with Gujarat to promote cultural and spiritual tourism exchanges between the two states. The proposal was discussed during the Travel & Tourism Fair (TTF) Ahmedabad 2026, where Goa presented a wider range of tourism offerings beyond its traditional beach-focused image. Tourism Minister Rohan Khaunte held discussions with Gujarat Chief Minister Bhupendra Patel around the possibility of signing a memorandum of understanding (MoU). The proposed cooperation is aimed at strengthening tourism ties, improving visitor movement between the states and developing new opportunities across cultural, spiritual, wellness and other tourism segments.Read more
08 Aug 2026
Indian Railways is considering introducing a new Vande Bharat Sleeper service between Bengaluru and Visakhapatnam, a move aimed at improving overnight rail connectivity between Karnataka and Andhra Pradesh. The proposed service is expected to cater to growing passenger demand on one of South India's busiest intercity routes, offering faster and more comfortable long-distance travel. If approved, the train would strengthen connectivity between two major technology and industrial hubs while expanding the Vande Bharat Sleeper network as Indian Railways continues to modernise its long-distance passenger services.Read more
08 Aug 2026
The Patna High Court has directed the Bihar government and the National Highways Authority of India (NHAI) to submit detailed reports on the plantation, maintenance and conservation of trees along national highways in the state. The court sought information on measures taken to ensure compensatory plantation, survival of saplings and protection of roadside greenery during highway development. The directions came while hearing a public interest matter concerning environmental protection, highlighting the need to balance expanding road infrastructure with ecological conservation and sustainable development.Read more
08 Aug 2026
Britain's construction sector showed signs of stabilising in July as the pace of decline eased across key segments, according to the latest S&P Global UK Construction Purchasing Managers' Index (PMI). Commercial construction and housebuilding recorded slower contractions, while new orders improved to their strongest level in several months. Employment continued to decline but at a slower pace, and subcontractor availability increased. Input cost inflation also moderated for the second consecutive month. The survey indicated improving business confidence, with construction firms expressing their strongest optimism for the year ahead since before the Iran conflict began.Read more
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08 Aug 2026
Sion, one of Mumbai's established residential neighbourhoods, is witnessing renewed interest from developers, investors and homebuyers as a series of transport infrastructure projects improve connectivity across the city. In this opinion piece, Suhan Shetty, Founder of Rubics Group, argues that completed infrastructure such as the Sion–BKC elevated connector, Mumbai Trans Harbour Link, Coastal Road and expanding Metro network are enhancing the area's liveability by reducing travel times and strengthening access to employment hubs. He contends that the combination of transport improvements, mature civic infrastructure and ongoing redevelopment is reinforcing Sion's position as a resilient residential micro-market while highlighting the need for balanced urban planning to sustain long-term growth.Read more
08 Aug 2026
Navi Mumbai Municipal Commissioner Dr Kailas Shinde has directed civic departments to intensify measures to improve public safety and urban management, with particular emphasis on evacuating highly dangerous C1-category buildings and removing abandoned structures. During a departmental review meeting, the Commissioner instructed officials to disconnect electricity, water and sewerage services to unsafe buildings and expedite evacuation measures. He also ordered fire safety audits of coaching centres, the formulation of a policy for hoardings, stronger action against unauthorised hawkers, improved road maintenance through technology, stricter solid waste management compliance, and enhanced monitoring of public amenities. The directions form part of the civic body's efforts to strengthen safety, service delivery and municipal governance across Navi Mumbai.Read more
08 Aug 2026
The Ministry of Housing and Urban Affairs (MoHUA) has advised all State Real Estate Regulatory Authorities (RERAs) to grant a four-month extension to eligible real estate projects affected by disruptions arising from the West Asia situation. In an advisory issued in the past week, the Ministry invoked the Force Majeure provisions under the Real Estate (Regulation and Development) Act, 2016, following a Finance Ministry memorandum that classified the situation as a "war" for contractual purposes. The advisory applies to projects whose original, revised or previously extended completion deadlines fall on or after February 28, 2026. The Ministry has also recommended a common order for all eligible projects to simplify the extension process and reduce regulatory procedures.Read more
07 Aug 2026
The Andhra Pradesh government has appointed KPMG Advisory Services Pvt Ltd as the strategic support agency and knowledge partner to prepare the Economic Development Plan for the Tirupati Economic Region (TER). The project has been approved at a cost of around INR 3.54 crore after KPMG emerged as the highest-ranked bidder in the e-tender process. The initiative is part of the state's broader strategy to drive balanced regional development by dividing Andhra Pradesh into three economic regions Visakhapatnam, Tirupati and Amaravati with dedicated development plans for each region.Read more
07 Aug 2026
Maharashtra minister Mangal Prabhat Lodha has directed authorities to initiate stringent legal action against developers who have failed to hand over homes reserved for the Maharashtra Housing and Area Development Authority (MHADA). He said developers benefiting from additional development rights are required to transfer the prescribed housing stock, but several projects have remained pending for years. Lodha said stronger enforcement could make at least 1,000 additional MHADA homes available to eligible beneficiaries. The direction came during the Mumbai Board’s lottery for 2,640 homes, which received 75,127 applications.Read more
07 Aug 2026
Tamil Nadu Chief Minister C. Joseph Vijay has virtually inaugurated infrastructure projects worth INR 112.85 crore, covering multiple sectors aimed at strengthening public amenities and civic infrastructure. The projects include improvements to roads, public buildings, water supply and other essential facilities across different parts of the state. The government said the initiatives are intended to enhance service delivery, improve urban and rural infrastructure, and support balanced regional development through continued investment in public assets.Read more
07 Aug 2026
The Maharashtra government has asked officials to speed up the second phase of the Karanja Fishing Harbour project in Raigad by deploying experienced technical staff and modern equipment. The project aims to strengthen fishing infrastructure, improve operational facilities and benefit around 6,600 fishermen. While the first phase has largely been completed by the Maharashtra Maritime Board, the proposal for the second phase is under review after the government sought revisions. Once completed, the expanded harbour will increase operational capacity and provide several new facilities for the fishing community.Read more
07 Aug 2026
Three employees sustained injuries after a section of ceiling plaster collapsed inside the Brihanmumbai Electric Supply and Transport (BEST) undertaking's Majas bus depot in Mumbai. The incident occurred while maintenance work was underway at the facility, prompting authorities to rush the injured workers to hospital for treatment. Following the accident, BEST officials initiated an inspection of the affected structure and began assessing the condition of the depot. The incident has renewed concerns over the maintenance and structural safety of ageing public infrastructure across Mumbai.Read more
07 Aug 2026
Police in Maharashtra have arrested three individuals for allegedly attempting to extort INR 8.5 crore from a real estate developer in Thane district. According to investigators, the accused repeatedly threatened the builder and demanded money over multiple attempts before law enforcement intervened. Acting on the developer's complaint, police launched an investigation, gathered evidence and apprehended the suspects. The case is being investigated under provisions related to extortion, criminal intimidation and other relevant offences, with authorities probing whether additional individuals were involved.Read more
07 Aug 2026
The Dharavi Redevelopment Project (DRP) has secured the clearance of more than 2,200 residential units in Sector 6, paving the way for demolition activities in Meghwadi, one of the first clusters to undergo redevelopment. Demolition is part of the redevelopment of the 35-acre railway land parcel in Matunga, where rehabilitation buildings are planned for eligible residents under the project. Residents who have vacated have either shifted to transit accommodation or opted for monthly rental assistance, while discussions continue with those yet to relocate. Authorities said the clearance marks a significant milestone in the implementation of the Adani-led Dharavi redevelopment, although relocation efforts continue in other parts of Sector 6.Read more
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