The country has laid a firm foundation for growth through infrastructure development, a manufacturing push and the easing of business. Now, boosting research, judicial capacity and workforce diversity could pave our path to prosperity.
India Business News: National Highways Authority of India (NHAI) is exploring a new technology for roads that can self-heal, potentially reducing accidents and fatalities
India is revolutionizing its toll collection with a new satellite-based system, promising efficiency and convenience. By tracking vehicle movement via GPS, toll charges are calculated based on distance traveled, reducing congestion and enhancing revenue generation for road infrastructure.
The toll charges are raised typically every year on the first day of April. - Good News For Road Users, No Hike In Toll Tax Rates For Next Two Months; Here's Why
The National Highways Authority of India (NHAI) spent a record ₹2,07,000 crore on national highway construction in 2023-24, marking a 20% increase from previous years. The construction of highways reached 6,644 km, a 53% increase from the previous year. NHAI's monetization receipts reached ₹40,314 crore in FY 2023-24, 70% higher than the previous year.
The ‘One Vehicle, One FASTag rule is implemented to discourage using single FASTag for several vehicles or linking multiple FASTags to one vehicle. - One Vehicle, One FASTag Effective From Monday, How It Will Affect You And Where To Get It From Explained
Paytm introduces new FASTag recharge feature on its app to provide convenience amidst regulatory scrutiny. Users can recharge existing FASTags and purchase new ones from HDFC Bank through the app.