Q4: Net profit: RITES sees a marginal fall of 1.59 %

Bengaluru-Chennai Expressway: 72km Karnataka Stretch Completed

The National Highways Authority of India (NHAI) has completed the 72-km stretch of the Bengaluru-Chennai Expressway that falls within Karnataka. The project, which faced delays due to local objections over the relocation of the Guddamma Temple at Jinnagara, has now moved past its final hurdle. After over two years of negotiations with villagers and the state government, NHAI successfully shifted the temple and constructed the remaining 500-meter section of the road. Despite the construction being completed, NHAI has yet to announce when motorists will be allowed to use the new road. The expres..

NHAI Officials Inspect NH 181 Ghat Section

Officials from the environment wing of the National Highways Authority of India (NHAI) inspected the ghat section of NH 181 between Kallar and Ooty on Monday, following a directive from the Madras High Court. The inspection was carried out in connection with a case concerning vertical cuttings made by the National Highways-Tamil Nadu state wing on the uphill side of the ghat road. The chief general manager of the NHAI's environmental wing, a respondent in the case, led the inspection of the 38-km stretch. During the visit, officials discovered multiple instances of illegal rock quarrying, wher..

Developing nations push for climate finance, seek $1 trillion annually

At the 29th Conference of the Parties (COP29) in Baku, India has called for a robust climate finance framework with an annual target of $1 trillion from developed nations to address the diverse climate needs of developing countries. A report, “Road to Baku: The New Collective Quantified Goal on Climate Finance,” highlights India's push for climate financing aligned with each country’s Nationally Determined Contributions (NDCs) and National Adaptation Plans (NAPs). India and other Global South nations have stressed that public funding, grants, and concessional loans are essential for eq..