Prime Minister Flags Off Delhi-Faridabad Metro Extension

06 Apr 2026 CW Team

Prime Minister Narendra Modi has flagged off the Delhi-Faridabad Metro extension that links Badarpur in the national capital with Escorts Mujesar in Faridabad, improving travel between the capital and the industrial hub in Haryana. The extension is expected to serve around zero point two million (mn) commuters daily and to ease congestion on road corridors. Authorities expect the new stretch to relieve pressure on bus and road services and to offer more reliable journey times. The opening marks a further step in regional connectivity within the National Capital Region.

The project cost is nearly Rs 25 billion (bn). The Haryana government bore Rs 15.57 bn, the central government contributed Rs 5.37 bn and the Delhi Metro provided Rs 4 bn. The funding package enabled completion of the corridor within planned timelines and allowed authorities to focus on safety and systems testing.

The nine stations on the section are Sarai, NHPC Chowk, Mewala Maharajpur, Sector 28, Badkal Mor, Old Faridabad, Neelam Chowk Ajronda, Bata Chowk and Escorts Mujesar. All stations are elevated and located on either side of the Delhi-Mathura Road, National Highway two. The stations have been designed to integrate with feeder services and to improve interchange with existing transport links. The corridor forms a link in the wider metro network serving adjacent towns and easing intra?city travel.

A Haryana government spokesperson said the nine?station corridor was 95 per cent indigenously built and that it would provide a safe, affordable, quick, comfortable, reliable, environment?friendly and sustainable transport facility. Haryana Chief Minister Manohar Lal Khattar expressed gratitude to the Prime Minister and indicated that the Prime Minister would announce approval for a metro link between Gurgaon and Faridabad. Officials described the development as likely to raise the city's connectivity and to support economic activity and urban development.

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..