Railways Achieves Record Capex in 9 Months

01 Feb 2024 CW Team

Indian Railways has achieved a remarkable feat by recording the highest capital expenditure (capex) in the first nine months of the current fiscal year. The article explores the significance of this achievement, detailing the scale of investment and the impact on railway infrastructure development.

The report provides insights into the specific areas where the capital expenditure has been allocated, shedding light on the projects and initiatives driving this record achievement. As the backbone of transportation in India, the increased capex reflects a commitment to enhancing railway infrastructure, efficiency, and passenger experience.

Stakeholders in the transportation and infrastructure sectors gain valuable information about the scale of investment and the strategic focus of Indian Railways in driving capital projects. The article serves as a testament to the government's dedication to modernizing and expanding the railway network to meet the growing demands of the nation.

As the record capex sets a benchmark for railway investment, the report highlights the positive impact on job creation, economic growth, and the overall improvement of railway services. The achievement positions Indian Railways as a key player in the ongoing development and transformation of the country's transportation infrastructure.

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..