Pune Metro: Swargate-Katraj Extension Work To Begin

20 Jan 2025 CW Team

Nearly four months after Prime Minister Narendra Modi laid the foundation stone for the Pune Metro’s Swargate-Katraj extension, construction work is yet to commence. The Pune Metro authority is in the final stages of selecting an agency to undertake the project, which includes constructing 5.463 km of twin tunnels and four underground stations, according to Indian Express. Approved in 2021 at an estimated cost of Rs 29.45 billion, the Swargate-Katraj extension initially included three stations—Market Yard, Padmavati, and Katraj. However, following public demand, a fourth station at Balajinagar was recently added, with approval from the civic body. “The work of the underground Metro rail route and four stations from Swargate to Katraj will be executed by one agency. It will soon be finalized, and construction will begin at the site,” stated Hemant Sonawane, Executive Director of Pune Metro

Infrastructure Urban

08 Sep 2025

RBI to Withdraw Rs 1.5 Trillion via 8-Day VRRR Auction

The Reserve Bank of India (RBI) has announced an eight-day Variable Rate Reverse Repo (VRRR) auction to be held on Thursday, with the objective of withdrawing Rs 1.5 trillion from the banking system. This move comes amid a significant liquidity surplus, which stood at Rs 3.03 trillion as of Tuesday, according to the central bank’s latest data.VRRR operations are a key liquidity management tool used by the RBI to absorb excess cash from the financial system and align short-term interest rates with the policy repo rate. By conducting such auctions, the RBI aims to maintain monetary stability a..

India Must Curb Imports to Shield Aluminium Sector: ALEMAI

The Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to revise import duties, review free trade agreements (FTAs), and implement policies that encourage domestic consumption in order to mitigate the impact of increased US tariffs on aluminium imports.Speaking at the curtain raiser event of ALUMEX India 2025, India’s first dedicated aluminium extrusion exhibition, ALEMAI President Jitendra Chopra stated that although the industry has an installed capacity of three million tonnes per annum, only 1.2 million tonnes are currently utilised. In contrast, imp..

Push Renewed for Ganjam Greenfield Airport Project

The long-standing demand for a Greenfield Airport in Ganjam district, Odisha, has regained momentum as local residents and leaders renew calls for swift action from both the state and central governments. Despite prolonged discussions over the years, a final decision on a suitable location is yet to be taken.The urgency intensified after the central government identified land for a greenfield airport just 30 km away, at Baruva in neighbouring Andhra Pradesh. In response, Odisha’s Transport Minister has urged authorities to establish a similar facility at Subani village, located close to the ..