India will bump up spending on the modernisation of its railways in the upcoming federal budget while marginally increasing allocations to road building, two government sources said.

The Centre has allocated ₹3,450 crore in 2023-24 to improve public infrastructure in the most LWE-affected districts across eight states. Additionally, ₹100 crore was spent on hiring helicopters for ...

In a strategic move to enhance economic growth and address execution challenges, India plans to significantly increase its budget allocation for railway modernization in the upcoming fiscal year. The ...