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Sustainability & innovation key drivers for infra development
Larsen & Toubro Secures Contract from Defence Ministry
The Ministry of Defence, Government of India, has awarded a significant contract to Larsen & Toubro (L&T) for supplying K9 Vajra-T Artillery Platforms to the Indian Army. As per the company's project classification, the contract is valued between Rs 50 billion and Rs 100 billion. The K9 Vajra-T, a 155 mm, 52-calibre tracked self-propelled artillery platform, is an adaptation of the globally renowned South Korean K9 Thunder howitzer. It has been co-developed by L&T and Hanwha Aerospace to meet the Indian Army's specific operational needs across diverse terrains, including deserts, plains, and..
Delhi-NCR Housing Market sees 25% Sales Growth
The Delhi-NCR property market has maintained its momentum during the December quarter, with housing sales and new supply estimated to grow by 25 per cent and 59 per cent, respectively, as reported by PropEquity. Data from the real estate analytics firm suggests that housing sales in Delhi-NCR are likely to rise to 12,915 units during the October-December period of this year, compared to 10,354 units in the corresponding period of the previous year. New supply in the region is expected to increase significantly, reaching 11,223 units, a 59 per cent rise from 7,072 units in the year-ago quarter..
Minister Keshav urges Centre's Support for River-linking in Andhra Pradesh
Finance Minister Payyavula Keshav has called on the Central Government to prioritize river-linking projects in Andhra Pradesh in the upcoming Union Budget 2025-26. During a meeting in Rajasthan chaired by Union Finance Minister Nirmala Sitharaman, as part of the Union Budget preparation process, Keshav highlighted that approximately 2,000 TMC of Godavari floodwater flows into the sea annually. In contrast, he pointed out that the Rayalaseema region suffers from low and erratic rainfall, making it prone to perennial drought. Keshav explained that the Andhra Pradesh government has proposed lin..
