Govt says 448 infra projects hit by cost overrun of ₹5.55 lakh cr in Oct-Dec

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As many as 448 infrastructure projects, each entailing an investment of ₹150 crore or above, were hit by cost overrun of more than ₹5.55 lakh crore during December quarter 2023, an official report stated. The Quarterly Project Implementation Status Report (QPISR) on Central Sector Projects (costing ₹150 crore and above) for the third quarter of … Read more

4th tranche of critical mineral auction likely post polls; Mixed response for 1st tranche

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Seven critical mineral blocks, that were put out for auction in the first round, have either not got bidders or have got less than three qualified bidders. These blocks will again be put up for the auctions in the fourth tranche, due later this year; following a tweak in some rules including putting in place … Read more