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Featured News
Seven poll-bound states including UP, Gujarat, Punjab on road to get 25% of NHs
Nearly a quarter of national highways will be built in seven states facing elections. These states will also receive almost twenty percent of total projects awarded this year. Highway projects signal development pace and priority approvals are expected soon. The ministry has set targets for awarding and constructing national highways this fiscal year. This focus aims to boost infrastructure development and influence state election outcomes.
NaBFID gets nod to raise ₹20,000 cr via Zero-coupon bonds
NaBFID will issue zero-coupon bonds valued at twenty thousand crore rupees. This move supports the institution's long-term capital mobilization for infrastructure projects. Investors will receive the full redemption amount after a ten-year maturity period. The Central Board of Direct Taxes approved the necessary tax framework for this issuance. NaBFID can issue these bonds until March thirty-first, twenty twenty-eight.
