METRO CITIES
Radhika Gupta trades car for 'fabulous metro' amid Delhi's heavy rain: Photos from Edelweiss CEO's day out
Radhika Gupta, CEO of Edelweiss Mutual Fund, shared her experience navigating Delhi's heavy rainfall on social media. She opted for the metro when her car got stuck in waterlogged streets, enjoying local cuisine and maintaining a positive outlook despite the challenges. Her post garnered praise for resilience amidst adversity, reflecting widespread disruptions including flight cancellations and infrastructure damage.
MMRDA inks Rs 850-crore urban infra financing pact with German development bank KfW
The funds procured from KfW and MMRDA's resources will be primarily allocated towards various sustainable development projects within and around the Mumbai Metropolitan Region. These initiatives include the development of green corridors, solid waste management systems, recycling and reuse facilities, and the promotion of renewable energy solutions to address environmental concerns and enhancing the quality of life for residents in the bustling metropolitan area.
Delhi-NCR rain: Heavy rains in the capital city, roads flooded, Delhi metro updates
Before the monsoon declaration, Delhi-NCR faced heavy rain. The Safdarjung Observatory recorded 154 mm of rain. A roof collapse at Terminal 1 led to a temperature drop to 35.4 °C, disrupting flight departures.
Consumer spending peaks in non-metro Indian cities: Visa
Visa, a global digital payments provider, revealed on Thursday that non-metro cities in India such as Dharamshala, Mullanpur, and Vishakapatnam are emerging as the biggest daily spenders. This insight comes from Visa Consulting and Analytics' consumer spending trends for the 2024 summer cricket season. Notably, there has been an overall increase in online transactions across all segments, with food and grocery delivery apps showing a 23% surge in usage.
Mumbai Metro 3 to be completed by end of December 2024
The first phase of Mumbai Metro 3, will run between SEEPZ (Santacruz Electronics Export Processing Zone) and Bandra Kurla Complex. The project will be completed by the end of December 2024 which was initially scheduled to be completed by September 2024.
Greater Noida residents to get direct Metro connectivity to Delhi airport and railway station; UP govt approves Aqua line extension
The Aqua Line Metro extension project, upon receiving central government approval, will bring substantial benefits to the region by reducing transportation costs and improving connectivity. The project's collaboration between various authorities highlights a collective effort to enhance public transportation infrastructure and meet the growing demand for efficient commuting options.
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Budget 2024 HRA Exemption: Will Bengaluru, Hyderabad, other non-metro cities be included in 50% HRA tax exemption list?
Budget 2024 HRA Exemption: Many employers offer an HRA as part of their employees' compensation. If an employee receiving HRA is paying rent for their accommodation, they can claim a tax exemption on the HRA. Currently, a rented house in Delhi, Mumbai, Kolkata, and Chennai qualifies for a 50% exemption from HRA, while those located in other places come under the 40% bracket.
Mumbai's first underground metro to launch in July; All you need know about it
Mumbai's first underground metro line, launching in July, will span 33.5 km and include 27 stations, primarily underground. The Delhi Metro Rail Corporation (DMRC) will manage operations. The metro will operate from 6:30 am to 11:00 pm, with trains every few minutes, reaching speeds of 90 km per hour. This project, covering a total of 56 km, aims to significantly reduce the city's traffic congestion. The second phase is anticipated to complete within eight months.
Route Mobile enables WhatsApp ticketing for Nagpur, Hyderabad, Pune metro services
Route Mobile has partnered with Billeasy E Solutions to offer WhatsApp-based metro rail ticketing services in Nagpur, Hyderabad, and Pune, expanding to four Indian cities including Delhi. Users can chat with the metro's WhatsApp account, select stations, purchase tickets, and receive QR codes. Route Mobile's shares rose 13.59% to Rs 1,737 on the BSE.
Delhi metro station to have three interchanges as green line expands
New Delhi Metro station to become a triple interchange facility with Green Line expansion from Inderlok to Indraprastha, enhancing connectivity for commuters from Bahadurgarh and west Delhi.
Bihar cabinet gives nod to metro projects in four more cities
Bihar Chief Minister Nitish Kumar's cabinet approved metro projects in Patna, Muzaffarpur, Gaya, Darbhanga, and Bhagalpur, sharing costs between the central and state governments and financial institutions. The first phase of Patna Metro, with five operational stations by March 2025, will have both elevated and underground tracks. The cabinet also authorised conducting recruitment exams in two phases if there are a large number of candidates and approved opening sports clubs in all panchayats.
Delhi Metro Yellow line passengers take note: Services will be affected for two days. Here are all the details
Delhi Metro's Yellow Line Phase-IV undergoes construction, prompting revised train timings on Sunday and Monday. Key changes include altered departure times and service suspensions between Samaypur Badli and Jahangirpuri. DMRC ensures minimal disruption, emphasizing passenger convenience during engineering challenges. Night-time closures are scheduled strategically, aiming to conclude before regular operations resume. Commuters advised to check DMRC updates for the latest information.
Narela to benefit from new metro extension linking Delhi, UP, Haryana
The Union Finance Ministry has approved the 26-km Rithala-Narela-Kundli Delhi Metro corridor, awaiting final Cabinet approval. This Rs 6,231 crore project will enhance connectivity among Uttar Pradesh, Delhi, and Haryana, transforming the Narela sub-city. Funding is shared between the central and state governments, with significant contributions from the DDA and loans. The corridor, with 21 stations, will be a boon for Narela and Rohini sub-cities, improving access to key institutions and promoting regional development. Completion is expected in four years, with daily ridership projected to grow significantly by 2055.
Centre approves proposal for construction of Rithala-Narela-Kundli metro corridor
The Centre has cleared a Ministry of Housing and Urban Affairs-DDA proposal for the construction of the Rithala-Narela-Kundli metro corridor, a Raj Niwas statement said on Saturday. Delhi Lieutenant Governor V K Saxena had taken up the construction of this metro corridor with the Centre on various occasions, it said.
PM GatiShakti: 3 infra projects worth Rs 6,000 cr evaluated
The MoR project pertains to Gudur-Renigunta Third Rail Line in Andhra Pradesh for the construction of a third rail line between Gudur and Renigunta stations in Andhra Pradesh’s Tirupati district involves an 83.17 km line aimed at enhancing the capacity of the existing double line.
UPSC exam: Delhi Metro Phase-III services to start at 6 am on June 16
The Delhi Metro Rail Corporation (DMRC) has announced that train services on Phase-III sections will be available from 6 am on Sunday in view of the upcoming UPSC examination. Metro train services on Phase-III sections, which usually begin at 8 am on Sundays, will begin at 6 am on June 16, Anuj Dayal, the DMRC's principal executive director (corporate communication), said on Friday.
Hiring in tier-2 cities showing consistent growth: foundit
Tier-2 cities in India have seen consistent growth in hiring compared to metropolitan areas, with cities like Kochi, Coimbatore, and Jaipur emerging as key hiring locations. The overall hiring index shifted to 295 in May 2024, with an 11% increase in hiring compared to the previous year. Tier-2 cities are becoming increasingly attractive hubs for businesses seeking expansion opportunities and tapping into diverse talent pools for sustainable growth.
NDA performs strongly in metros while INDIA bloc dominates rural areas
NDA shows strength in metro cities like Delhi, Bangalore, and Pune in Lok Sabha elections. Mumbai region defies trend. INDIA bloc excels in rural areas, while BJP dominates in Delhi and Bangalore.
Air India ties up with Delhi Metro, DIAL to facilitate check-in for international passengers
Air India on Tuesday said it has partnered with Delhi Metro and Delhi airport to facilitate check-in for international air passengers at two metro stations in Delhi. The check-in and baggage drop facility at the Delhi airport allows passengers to check in their baggage at the metro station, giving the outstation travellers the option to explore the city baggage-free.
ET Analysis: Indian hospital chains report revenue growth & expansion plans amidst regulatory concerns
Leading hospital chains in India have reported improved average revenue per operating bed (ARPOB) and profitability in the latest quarter, driven by better payer mix and cost control measures. Expansion plans are underway, with a focus on markets like Bengaluru and Mumbai, through asset-light models. Adjacent businesses such as diagnostics, virtual care, and digital healthcare platforms are also seeing growth. However, regulatory proposals to rationalize rates may pose risks to sector valuations.
Malaysia Airlines bets big on Indian non-metro cities
Malaysia Airlines is facing challenges in expanding its operations in India due to a shortage of flying rights. The airline has exhausted its rights to Indian metros and is now planning to increase frequency from Amritsar to seven flights per week from August. The airline has also started flights from Trivandrum and Ahmedabad.
Mumbai Metro Aqua Line 3: BKC to Aarey Phase 1 operations set to start from July. Check route map and stations
Mumbai Metro Line 3 Phase I operations on the Aarey to Bandra-Kurla Complex route are set to begin in July. The Mumbai Metro Rail Corporation Limited (MMRCL) expects to start phase I operations of Mumbai Metro Line 3 on this route by then. Necessary dry runs have been completed, with some assessments and approvals pending. The Metro agency is ready to operate over 260 services with its fleet of 19 trains.
On poll eve, EC appeals to Delhi-NCR voters to break trend of urban apathy
The Election Commission has urged urban voters in urban centres to break the trend of urban apathy and attend the sixth phase of Lok Sabha elections. The Commission has previously noted that Mumbai, Thane, Nashik, and Lucknow have shown apathy towards voting and has called for high turnout in these cities. The Commission has assembled metro commissioners to develop strategies to combat urban and youth apathy, which occurs when young voters and those living in metros fail to attend polling stations on election day.
Lok Sabha polls: Delhi Metro to commence operations at 4:00 am on May 25
On May 25th, the Delhi Metro will start operating at 4:00 am across all lines to facilitate staff deployed for Lok Sabha election duty, as announced by the DMRC. Trains will run every 30 minutes until 6:00 am, after which regular services will resume throughout the day. Typically, the Delhi Metro runs from around 5:00 am to 11:30 pm, varying slightly across different lines and stations. Delhi, with 1.51 crore eligible voters, including 81.63 lakh men, 69.37 lakh women, and 1,215 individuals from the third gender, is heading to the polls.
Anand Mahindra shares video explaining why Indore is India's cleanest city
Mahindra Group chairman Anand Mahindra highlights Indore's seventh consecutive win as India's cleanest city. His tweet emphasizes the city's commitment to cleanliness, resonating with its recent accolades, including the best 'National Smart City' award. Despite ongoing development projects like the metro, Indore maintains its cleanliness standards, promising improved quality of life for its citizens. The metro's upcoming launch signifies a leap in transportation, symbolizing Indore's progress and sustainability.
Small cities home to big dream jobs: Hiring scene in tier 2, 3 cities gets busy
Job opportunities are growing across sectors in tier 2 and 3 cities, and professionals are eager to join, recruiters and firms said. Escalating living costs and infrastructural challenges in metros are prompting executives to move to smaller cities. Companies, on their part, are drawn by cheaper land costs, lower salaries and easy talent availability, besides rising disposable incomes in these cities.
Free bus rides for women: PM lacks info on Metro finances, says Dy CM Shivakumar
The Dy CM was questioning the PM's assessment of metro finances. The PM, in a recent interview, had questioned the freebies that potentially create a crisis of funds for a state government. The governments, he said, would build metro networks in a city, but later promise free bus rides in the same city to win elections. This meant taking away 50% of passengers.
Non-Metro cities see a big growth in credit demand: Report
Kanpur and Barabanki emerge as top cities for credit demand, beyond metros. BT100 cities dominate two-wheeler and auto loans, with public banks leading in auto and home loans. Festival spending boosts lending across various regions.
India’s monthly hiring rises 3% in March: Foundit
Hiring in India rose 3% sequentially in March, but fell 4% year-on-year, reflecting global economic uncertainties. White-collar gig hiring surged 184% year-on-year, led by the IT sector, which accounted for 46% of gig jobs. Metro cities like Delhi, Bengaluru, and Mumbai spearheaded gig employment, offering cost-effective solutions and flexibility.
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