PM Modi launches Rs 680 bn development projects in Odisha

05 Feb 2024 CW Team

Prime Minister Narendra Modi revealed development projects valued at more than Rs 680 billion in Odisha. These projects aimed to enhance the energy sector, encompassing natural gas, coal, and power generation, alongside significant initiatives in the road, railway, and higher education sectors.

During the event, PM Modi toured the IIM Sambalpur model and observed a photo exhibition. In his address to the gathering, he emphasized the significance of the occasion for Odisha's development journey, citing the launch of projects exceeding Rs 680 billion in education, railway, roads, electricity, and petroleum sectors.

PM Modi expressed his satisfaction in announcing the government's decision to confer the Bharat Ratna upon the former Deputy Prime Minister of India, Lal Krishna Advani. He praised Advani's remarkable contributions during his tenure as Deputy Prime Minister, Home Minister, and Information and Broadcasting Minister of India, as well as his decades of experience as a distinguished parliamentarian.

The Prime Minister highlighted that the development projects would benefit people across all sections of Odisha and create numerous employment opportunities for the state's youth.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..