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While DGCA reasoned that the slow pace was due to a "lean tourist period", sector watchers say it is a "self-inflicted" pain for the industry → Read More
Existing licence owners would be given option to get their licences replaced with new ones → Read More
Sources said that Airports Authority of India (AAI) has been barred from participating in the bidding process → Read More
The Authority is yet decide the quantum of additional funds as detailed project reports for all the highway projects to be taken up this year are still underway → Read More
Sources said that government is looking at a “cooling off period” and the deal might not go through till December. → Read More
A proposal to withdraw monetary incentives on purchase of private electric cars was also part of the “non-fiscal” recommendations → Read More
The worth of the projects bid out last year stands at Rs 6,000 crore while the ministry expects to bid projects worth at least Rs one lakh crore by December this year → Read More
These tax rates will come into existence after Motor Vehicles (amendment) Bill 2016 is passed by the Rajya Sabha → Read More
Centre’s unforeseen U-turn on bringing a separate policy for electric fleet in India could be based on economics of cost and price as government feels the segment is nothing but “uncertain” → Read More
The policy for electric vehicles is expected to be drafted in consultation with union ministry of petroleum and natural gas and union ministry of heavy industries and public enterprises. → Read More
Moneycontrol caught up with union minister of Road Transport and Highways, Shipping and Water resources, River development and Ganga rejuvenation to talk about infrastructure developments in the country, road map for 2018 and push towards waterways as a means of transportation → Read More
The project will be implemented on experimental basis, the timeframe for which is yet to be decided → Read More
Suggesting a smooth roll-out, joint secretary for transport hinted at pushing EVs through high mileage vehicles, manufacturing more of electric two-wheelers and then gradually shifting towards four-wheelers → Read More
Sources from the government said that the government has received an investment of a little over Rs two lakh crore this fiscal under various projects of Sagarmala → Read More
The union minister had earlier expressed his 'dissatisfaction' over slow progress of highway award by NHAI and had set a target of 10,000 km for FY18. He now wishes to double the target by the end of March 2018 → Read More
India’s presentation at IMO focused on the 7,500 kilometer long coastline, 12 major and over 200 minor ports, 111 national waterways, among others. → Read More
Highways will be graded for safety, ease of driving and maintenance; toll plazas will be graded on the basis of revenue collection and driver’s experience at the plaza; and highway developers will be graded for timeliness and quality of construction → Read More
If the procedure gets approval, India may soon have its own ‘E-landing card’ which would act as a substitute of passports for all passengers travelling via sea route. The card would contain all the details of the passengers, possibly biometric data as well → Read More
The organisation is planning four divisions, each for Expressways, Highways, International projects and Wayside amenities to reform the ‘board structure’ in line with IPO → Read More
An official said that issues related to existing policies and government’s stand on shipbuilding would be discussed with all the stakeholders → Read More