443 infra projects hit by cost overrun of ₹4.92 lakh crore in Feb

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As many as 443 infrastructure projects, each entailing an investment of ₹150 crore or above, were hit by a cost overrun of more than ₹4.92 lakh crore in February 2024, an official report stated. According to the Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth ₹150 crore and above, out of … Read more

Railways to upgrade Kavach to LTE; formal rollout likely in 12-15 months

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Indian Railways has deployed Kavach, the indigenous train collision avoidance system, on 1,465 route kms primarily across the South Central Railway division. The Railways would soon float tenders, around May or June, to upgrade existing and upcoming installations to LTE (long term evolution) technology making the entire system 4G or 5G-enabled and operable.  The formal … Read more

Parts of Vancouver Aquatic Centre closed after concrete chunk falls from ceiling – BC

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Portions of the Vancouver Aquatic Centre were closed to the public on Friday, after a chunk of concrete roughly the size of a deck of playing cards fell from the ceiling. In a statement, the city said the incident happened as a result of work being done to the exterior of the building, which dislodged … Read more

Indian hospitality and tourism aim to generate 58.2 m jobs by 2033, seek govt support for industry status

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The hospitality and tourism sectors in India are anticipated to generate a substantial 58.2 million jobs by 2033, according to insights shared during the sixth HAI 2024 Conclave. Industry leader said that it was important to have government support in granting industry and infrastructure status to harness the full employment potential. The Hotels’ Association of … Read more