Jharkhand’s new airport at Deoghar becomes operational

15 Jul 2022 CW Team

Prime Minister Narendra Modi on Tuesday inaugurated Jharkhand's Deoghar airport alongside Chief Minister Hemant Soren and Civil Aviation Minister Jyotiraditya Scindia. This is the second international airport in the state, with the first one in capital Ranchi.

As part of the ceremony, the Prime Minister flagged off a domestic flight - an IndiGo service to Kolkata. Addressing the gathering, Modi said, "We had dreamt of Deoghar airport for a long time; it is being fulfilled now."

Scindia said the airport would be linked to Ranchi, Patna and Delhi in the days to come.

The foundation stone of the airport was laid by Prime Minister Modi in May 2018. The airport is spread over 657 acres and was constructed at a cost of Rs 4 billion. It will improve connectivity to Baba Baidyanath Dham, an important religious destination. The airport is equipped to handle over five lakh passengers annually. It has a 2,500-metre-long runway that can handle Airbus A320 planes.

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..