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    NATIONAL HIGHWAY PROJECTS

    CII summit puts spotlight on Naidu's importance as key NDA ally, Centre's show of strength

    The CII Partnership Summit is scheduled for November 12-13 in Visakhapatnam, featuring key Union ministers and the Vice-President of India. This event aims to solidify N Chandrababu Naidu's role as a crucial ally of the NDA. Naidu will deliver the keynote address while discussions will focus on various economic issues. Ministerial participation will showcase potential investment opportunities in Andhra Pradesh.

    Ashoka Buildcon shares rally 14% after securing Rs 866 crore NHAI contract for Vadodara-Mumbai Expressway

    Ashoka Buildcon's shares surged after securing a significant NHAI contract for the Vadodara-Mumbai Expressway. The company will complete the construction work on the Karvad-Jujuwa section with an 18-month execution timeline. The contract is valued at Rs 865.90 crore, excluding GST, with a 10-year defect liability period. Additionally, the firm's Q2 profit and total income both increased slightly compared to the previous year.

    Stocks in news: Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance

    Indian markets are set to resume trading after the Diwali holiday, with investors tracking key stocks such as Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance amid Q2 earnings and corporate developments. Nifty faces immediate resistance at 25,150–25,200.

    California replaced a fish-blocking pipe on Fort Goff Creek with a bridge in 2014; later monitoring found 64 Chinook salmon nests upstream

    In California, the removal of the culvert on Fort Goff Creek has significantly enhanced fish passage, particularly for salmon. Completed in 2014, a new bridge now connects fish to breeding grounds that were previously inaccessible. Biologists found 64 nests of Chinook salmon in this newly opened habitat, highlighting the importance of addressing culverts nationwide to improve aquatic ecosystems and connectivity.

    Congress questions Rijiju's 'silence' on proposed Siang dam, slams Gao for supporting project

    Congress criticized Union minister Kiren Rijiju for remaining silent on the Siang Upper Multipurpose Project issues. The project has caused anxiety among the indigenous Adi community regarding displacement and environmental concerns. BJP MP Tapir Gao's support for the dam is questioned as it overlooks local grievances. Congress demands Rijiju clarify his stance and ensure public consultation before moving forward.

    Nepal PM seeks $2B package ahead of visit

    Nepal is preparing to request a $2 billion economic package from India during Prime Minister Balen Shah's upcoming visit. The package includes $1 billion in credit for infrastructure projects and $1 billion in grants for highway upgrades and post-flood reconstruction. Additionally, Nepal will advocate for new air routes between the two countries during the visit.

    The Economic Times
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