The Union Cabinet has approved enhanced financial powers for POWERGRID, raising its permissible equity investment limit from ₹5,000 crore to ₹7,500 crore per subsidiary. The decision is expected to accelerate India’s power transmission expansion and strengthen renewable energy evacuation infrastructure. The approval was granted by the Cabinet Committee on Economic…
Tag: #InfrastructureGrowth
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Cabinet Clears ₹1 Lakh Crore Urban Challenge Fund
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the launch of the Urban Challenge Fund (UCF) with a Central Assistance of ₹1 lakh crore, marking a major shift in India’s urban development strategy towards market-driven growth and reform-based financing. Announced as part of the Union Budget 2025–26…
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Advantage Vidarbha 2026 Day 2 Seals ₹10,880 Cr MoUs, 6,000 Jobs
Day 2 of Advantage Vidarbha 2026 – Khasdar Audyogik Mahotsav marked a defining moment for the Vidarbha region, as three landmark Memorandums of Understanding (MoUs) were signed in Nagpur, unlocking investments worth over ₹10,880 crore and paving the way for more than 6,000 new employment opportunities. Envisioned by Union Minister…
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Paradip Port Sets Record with 14.44 MMT Cargo in January 2026
Paradip Port Authority (PPA) has commenced 2026 on a strong note by achieving its highest-ever cargo handling for the month of January. The Odisha-based major port handled 14.44 million metric tonnes (MMT) of cargo during the month, surpassing its previous January record of 14.32 MMT set in 2024. This milestone…
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PM Modi Meets Energy CEOs, Highlights $100 Billion Investment Scope
Prime Minister Narendra Modi on Tuesday held a high-level interaction with chief executives of leading global and Indian energy companies, underlining India’s growing importance in the global energy ecosystem and highlighting investment opportunities worth nearly USD 100 billion in exploration and production. The meeting took place at Lok Kalyan Marg…
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Steel Prices Rise Again After Import Curbs Boost Demand
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…
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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,…