The South Central Railway (SCR) has announced the cancellation of 78 trains and rerouting of 36 others due to ongoing third-line construction between Kazipet and Balharshah sections. The cancellations and diversions, which will remain in effect until July 7, are attributed to preparatory and commissioning works for the third line between Asifabad and Rechni stations in the Secunderabad division.
The UAE has achieved global recognition for its exceptional infrastructure, ranking highly in the Travel and Tourism Development Index 2024. This remarkable achievement reflects the country’s strategic vision and leadership, which prioritize innovation and excellence. The UAE’s top-notch road quality, efficient port services, and user-friendly public transport system greatly enhance the experiences of tourists and travelers. These advancements also instill confidence among investors, attracting foreign investment and stimulating tourism sector development.
Shares of Rail Vikas Nigam Limited (RVNL) witnessed a significant surge of 15% on May 21st, 2024, driven by a major contract win worth ₹148 crore from South Eastern Railway. The company’s shares hit a new all-time high of ₹345.90 on the National Stock Exchange (NSE), marking a remarkable ascent of nearly 200% over the past year. This surge reflects RVNL’s strong financial performance and the positive outlook for its infrastructure development projects.
Ethiopian Airlines has invested 50 million USD to expand and renovate the Domestic Terminal at Addis Ababa Bole International Airport. The expansion has increased the terminal’s built-up area to 25,750 m2, significantly enhancing its capacity. The new terminal features advanced airport systems and amenities, including four contact gates, 10 remote departure gates, 22 check-in counters with an automated baggage screening system, self-check-in kiosks, a modern security screening system, and a premier passengers’ lounge. The transformation is part of Ethiopian Airlines’ commitment to modernizing aviation facilities and improving air transport services within Ethiopia.
Union Minister Hardeep Singh Puri highlighted the rapid development of urban metro transport in India, emphasizing that the country is set to have the world’s second-largest urban metro system within the next two and a half years. With 945 kilometers of metro system currently operational and another 1,000 kilometers under construction, India is poised to make significant strides in urban transportation.
The average housing prices across India’s top eight cities witnessed a significant 10% annual increase in the first quarter of 2024 (Q1 2024). This surge in prices is attributed to robust residential demand, especially in the premium and luxury housing segments, as buyers seek stability in the lending ecosystem and invest in emerging micro-markets benefiting from infrastructure projects.
The Maldivian government on Monday, May 13th, expressed gratitude to India for its vital budgetary support, terming it a testament to the longstanding friendship between the two nations. This development comes shortly after Maldivian Foreign Minister Moosa Zameer visited India and met with External Affairs Minister S Jaishankar, indicating a positive shift in relations. India provided a budget support of USD 50 million to the Maldives, which is intended for infrastructural and community development projects. The Maldives expressed appreciation for India’s ongoing assistance, emphasizing its value in promoting mutual benefit and prosperity.
Egypt is making strides at the Arabian Travel Market (ATM 2024) in Dubai, showcasing a series of ambitious tourism projects and initiatives designed to boost its presence on the global travel stage. With a focus on diversification and innovation, Egypt aims to attract an increasing number of international visitors, particularly from the Gulf Cooperation Council (GCC) countries, with the United Arab Emirates leading the pack.
The Samastipur Lok Sabha constituency in Bihar, scheduled to vote on May 13th, is facing a lack of employment opportunities and industrial decline. Key demands of the voters include the revival of closed industries, job creation, and infrastructure development. The constituency is also lacking adequate infrastructure, with traffic congestion and waterlogging during monsoon season being major issues.
Prime Minister Narendra Modi launched a scathing attack on the Congress government in Karnataka during an election rally in Bagalkot. Modi accused the Siddaramaiah-led government of rampant corruption and mismanagement, alleging that it had turned Bengaluru, the tech hub, into a ‘tanker hub’ by running a water tanker mafia.
