AKSI Aerospace Partners with FIXAR for Drone Manufacturing

BMC Begins North Phase of Coastal Road Project in Goregaon

The Brihanmumbai Municipal Corporation (BMC) has initiated construction on the second phase of the Coastal Road Project, focusing on a 1.2-kilometre stretch in Goregaon that lies outside the Coastal Regulation Zone (CRZ) boundaries. Officials confirmed that this segment marks the beginning of foundation work under Package B of the project, which spans 1.66 kilometres between Bangur Nagar and Mindspace in Malad.On Wednesday, Additional Municipal Commissioner (Projects) Abhijit Bangar conducted a site inspection in Goregaon to review the ongoing work. He directed officials to strictly ensure tha..

Centre Sanctions Rs 42.24 Bn for 316 Rural Roads in J&K

The Union Ministry of Rural Development has approved funding of Rs 42.24 billion for the construction of 316 rural roads across 19 districts in Jammu and Kashmir under Phase 4 of the Pradhan Mantri Gram Sadak Yojana (PMGSY-4). The total length of the proposed road network is 1,781 kilometres.According to official sources, Rajouri district received the highest allocation, with 41 road projects sanctioned at a cost of Rs 5.88 billion. These projects span several locations, including Manjakot, Darhal, Kalakot, Dhangri, Nowshera, and Budhal.Poonch district was reported to follow closely, with 40 r..

Capex by CPSEs, NHAI, and Railways Rises 15% in Q1

Central public sector enterprises (CPSEs), along with key government agencies such as Indian Railways and the National Highways Authority of India (NHAI), reported a 15% increase in capital expenditure (capex) during the first quarter of the current financial year.Officials indicated that in Q1 of FY26, these entities collectively spent ₹1.67 lakh crore, which accounts for 21.34% of their full-year capex target. In comparison, the same period in the previous year saw a capex of ₹1.46 lakh crore, representing 18.5% of the annual goal. Entities with annual capex targets of Rs 1 billion or mo..