Mumbai: Indian steel prices have increased for the second time in January as domestic producers capitalised on import restrictions, reviving construction demand and tight market inventories. Domestic steelmakers have raised prices twice within a span of two weeks in January, following the Centre’s decision to impose a safeguard duty on…
Tag: #InfrastructureGrowth
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PM Modi Shares Article on Assam’s 11-Year Transformation
Prime Minister Shri Narendra Modi on Friday shared an article that draws attention to the significant transformation Assam has undergone over the last 11 years, particularly in the areas of peace, cultural revival and infrastructure development. The Prime Minister amplified the article through the official PMO India handle on social…
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NMIA Handles 1 Lakh Passengers in 19 Days
The Adani Group-backed Navi Mumbai International Airport (NMIA) has reached a significant operational milestone by handling over one lakh passengers within just 19 days of starting commercial flight services. The achievement underlines the strong travel demand in the Mumbai Metropolitan Region and signals a promising future for India’s newest greenfield…
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Indian Railways Powers Toward Full Electrification
Indian Railways is on the brink of a historic milestone under its Mission 100% Electrification, having electrified nearly its entire rail network. As of November 2025, about 99.2% of the country’s Broad Gauge routes have been electrified, positioning India among the world’s most advanced railway systems in terms of electric…
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Union Budget 2026 Likely on Feb 1 Despite Sunday Debate
The Union Budget 2026 is increasingly likely to be presented on Sunday, February 1, despite the date coinciding with a weekend. Government sources, industry signals, and parliamentary precedent all suggest continuity with the post-2017 budget calendar, even as formal confirmation awaits the official notification of the Budget Session. Since 2017,…
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SAIL Records Strong Sales Growth During April–November 2025
Steel Authority of India Limited (SAIL), the country’s largest steel producer, has reported a strong and resilient sales performance during the April–November 2025 period, underlining its market leadership and customer-centric approach. Despite global price pressures and uncertain trade conditions, the Maharatna PSU achieved cumulative sales of 12.7 million tonnes, marking…
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SMFCL OKs ₹25,000 Cr Borrowing to Boost Maritime Growth
Sagarmala Finance Corporation Limited (SMFCL), a Mini-Ratna CPSE under the Ministry of Ports, Shipping and Waterways, has approved an overall borrowing limit of ₹25,000 crore to finance an ambitious pipeline of maritime infrastructure projects, with ₹8,000 crore earmarked for the current financial year. Borrowing blueprint to unlock maritime investment The…
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Premadasa, NITI Aayog Discuss India–Sri Lanka Ties
Senior Sri Lankan leader Sajith Premadasa, Leader of Opposition in Sri Lanka, led a delegation to NITI Aayog in New Delhi on November 5, 2025. The meeting with NITI Aayog Vice Chairman Suman K. Bery focused on deepening bilateral cooperation, sharing India’s policy experience, and exploring collaborative opportunities in infrastructure…