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Hike in material prices, GST jacks up new Parliament building cost, LS told
The New Indian Express Kannur
|February 07, 2025
THE construction of the new Parliament building and Vice-President Enclave saw cost escalation due to rising prices of essential materials like steel and cement, and hike in wages and GST rates, the Lok Sabha was informed on Thursday.
According to the ministry of housing and urban affairs, expenditures also increased because additional security provisions were made and changes in design of the buildings brought in considering the location in a seismic zone.
Responding to details sought about the timeline for the completion of the Central Vista Redevelopment Project, Union Minister of State for Housing and Urban Affairs Tokhan Sahu said that the construction of Common Central Secretariat (CCS) 1, 2 and 3 is expected to be completed by May.
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The New Indian Express Kannur
SC rejects creditor's plea against Aakash rights issue
THE Supreme Court on Monday dismissed an appeal filed by US-based lender GLAS Trust Company LLC, a creditor of Think & Learn Pvt Ltd, parent company of BYJU’s, against the rights issue proposed by Aakash Educational Services Limited (AESL), clearing the way for the capital raise that will reduce Byju’s holding in the company from 25.75% to about 5%.
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November 04, 2025
The New Indian Express Kannur
Chief secys say sorry for not filing compliance report in stray dog case
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1 min
November 04, 2025
The New Indian Express Kannur
K Vijaya Kumar appointed as CEO of IIMS
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1 min
November 04, 2025
The New Indian Express Kannur
Zubeen murdered, chargesheet by Dec 17, says Himanta
ASSAM Chief Minister Himanta Biswa Sarma said that Zubeen Garg's death was not accidental but a case of murder on Monday. “I won't call it an accident but murder.
1 min
November 04, 2025
The New Indian Express Kannur
Tejashwi, Tej Pratap fight it out as rift in Lalu family widens
RJD chief Lalu Prasad's estranged son and former minister Tej Pratap Yadav on Monday hit back at his younger brother Tejashwi Prasad Yadav following the latter's remark that \"party is his parent\".
1 mins
November 04, 2025
The New Indian Express Kannur
₹1L cr fund to boost pvt investment in research
PRIME Minister Narendra Modi on Monday launched a ₹1 lakh crore Research, Development and Innovation Scheme for high-risk and high-impact projects, marking a significant shift in India's research sector.
2 mins
November 04, 2025
The New Indian Express Kannur
City Union Bank profit up 15% at ₹329 cr on interest income, better asset quality
KUMBAKONAM.based private lender City Union Bank on Monday reported 15% rise in net profit from ₹285 crore in Q2FY25 to ₹329 crore Q2FY26, driven by an increase in interest income and better asset quality.
1 min
November 04, 2025
The New Indian Express Kannur
'Jungle Raj a slur used by those who fear losing power'
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5 mins
November 04, 2025
The New Indian Express Kannur
India plans to bring eight cheetahs from Botswana
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1 min
November 04, 2025
The New Indian Express Kannur
Rybakina rallies to beat Swiatek in WTA Finals
ELENA Rybakina recorded an impressive 3-6, 6-1, 6-0 victory over second-seeded Iga Swiatek in round-robin play at the WTA Finals in Riyadh on Monday.
1 min
November 04, 2025
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