UP Tables Rs 245 Billion Supplementary Budget for FY26
NHAI gets SEBI nod for Raajmarg Infra InvIT
The National Highways Authority of India (NHAI) has received approval from the Securities and Exchange Board of India for its sponsored Raajmarg Infra Investment Trust (RIIT) to operate as a public Infrastructure Investment Trust (InvIT), marking a key milestone in its asset monetisation programme.The public InvIT is aimed at unlocking value from national highway assets while creating a long-term investment instrument targeted primarily at retail and domestic investors. NHAI said the move would broaden public participation in India’s highway infrastructure growth story and support sustainabl..
Great Nicobar Airport to Boost Defence and Tourism
The government has begun work on a new airport at the southernmost tip of India on Great Nicobar Island, a move expected to significantly strengthen India’s defence preparedness while accelerating tourism-led development in the region, according to official documents accessed by ANI. The proposed airport will enable operations of larger military aircraft and sharply cut response times for defence forces in the Indian Ocean Region, a critical consideration for national security. The nearest major airport, Veer Savarkar International Airport in Port Blair, is located more than 500 kilometres ..
Navi Mumbai Airport Opens for Commercial Operations
After decades of planning, the greenfield Navi Mumbai International Airport (NMIA) is set to commence commercial operations from Thursday, a milestone expected to cut travel time, boost tourism and attract large-scale investment across the Mumbai Metropolitan Region. The City and Industrial Development Corporation (CIDCO), the implementing agency for the project, said the airport will handle 30 air traffic movements, including arrivals and departures, on its first day of operations. The launch is expected to significantly ease congestion at the existing Mumbai international airport while esta..

