In a significant show of confidence, BlackRock, the world’s largest asset management firm, has emerged as the biggest investor in the Adani Group’s $750 million private bond issuance, taking on approximately one-third of the allocation. The investment, made through a private placement with a 3–5 year tenure, marks BlackRock’s debut in India's infrastructure-focused private bond space. Sources with direct knowledge revealed that BlackRock’s participation in th

Faced with the challenge of limited future water sources and rapid population growth, the city of Austin is ramping up its efforts in water reuse, conservation, and underground storage as part of an ambitious long-term strategy to meet demand for decades to come. At a recent infrastructure summit hosted by the Austin Chamber of Commerce, water planners and city leaders outlined Austin's evolving strategy, which centers on extending the lifespan of its current water resources through smart

NetApp, a global leader in intelligent data infrastructure, has been honored with the prestigious 2025 Google Cloud Infrastructure Modernization Partner of the Year for Storage award. This recognition highlights NetApp’s pivotal role in transforming data management in the cloud through innovative storage solutions, and its deep collaboration with Google Cloud to meet the evolving needs of enterprises adopting artificial intelligence (AI) and modern workloads. The award recognizes NetApp

Washington, D.C. — The U.S. Department of Energy (DOE) has announced a sweeping plan to power the future of artificial intelligence by identifying 16 federal sites for the rapid development of energy infrastructure. With nuclear and renewable sources in focus, these locations are poised to support the surging energy requirements of large-scale AI systems.Described by U.S. Energy Secretary Chris Wright as “the next Manhattan Project,” the initiative signals a

Amazon Web Services, the cloud computing arm of Amazon, is set to invest approximately $8.2 billion in Maharashtra over the next few years, according to the Ministry of Electronics and Information Technology. IT Minister Ashwini Vaishnaw stated that the investment would play a key role in job creation while strengthening India’s cloud computing infrastructure. The investment is expected to be rolled out between 2029 and 2030.AWS is also planning to introduce its own graphics processing

The Andhra Pradesh government, led by Chief Minister Chandrababu Naidu, has presented a record-breaking budget for the financial year 2025-26. With an overall outlay of ₹3.22 lakh crore, this is the first time in the state's history that the budget has surpassed the ₹3 lakh crore mark. Finance Minister Payyavula Keshav introduced the budget in the Andhra Pradesh assembly, outlining major allocations aimed at boosting welfare programs, infrastructure, agriculture, and social developmen

Amravati, the capital of Andhra Pradesh, is set to make cricketing history with the construction of the largest cricket stadium in India, which will surpass the current record-holder, the Narendra Modi Stadium in Ahmedabad. The Andhra Cricket Association (ACA) has announced that the new stadium will have a seating capacity of over 1.32 lakh spectators, making it the largest in the country. The ACA president, Kesineni Sivanth, revealed that the state government has been asked to allo

On Monday, Telangana Chief Minister A. Revanth Reddy inaugurated the Aramghar-Nehru Zoological Park flyover, the second-longest flyover in Hyderabad, which spans four kilometers and has been constructed at a cost of Rs 800 crore. This six-lane bi-directional flyover is expected to significantly alleviate the traffic congestion on the busy Hyderabad-Bangalore national highway, especially in the Aramghar and Nehru Zoological Park areas. The Chief Minister also named the flyover after former Pri

On Friday, Prime Minister Narendra Modi will inaugurate a series of transformative development projects in New Delhi. The initiatives include the opening of 1,675 newly constructed flats for residents of Jhuggi Jhopri (JJ) clusters under the slum rehabilitation program, aimed at providing better living conditions with modern amenities. In addition, PM Modi will lay the foundation stone for a new Veer Savarkar College at Roshanpura, Najafgarh, which will offer state-of-the-art facilities for h

India has made substantial progress in its infrastructure development in 2024, with multiple major projects completed and new ones lined up for the coming years. The government’s commitment of Rs 11 lakh crore in capital expenditure this fiscal year, alongside strategic initiatives like the National Infrastructure Pipeline and PM GatiShakti National Master Plan, has fueled this growth. Key Infrastructure Projects in 2024:

China has officially approved the construction of what is set to be the world's largest hydropower dam, located on the Yarlung Zangbo River in Tibet. This ambitious project, which will span the lower reaches of the river, is expected to generate 300 billion kilowatt-hours of electricity annually, far surpassing the Three Gorges Dam's output of 88.2 billion kWh. The new dam is also seen as a significant step toward China’s goals of carbon peaking and carbon neutrality, alongside

The World Bank has approved a substantial USD 800 million loan for the Amaravati Integrated Urban Development Program, which will support the development of Andhra Pradesh's greenfield capital city, Amaravati. The loan, approved by the Board of Executive Directors of the World Bank, aims to establish Amaravati as a sustainable, climate-resilient urban center that will create economic opportunities and improve the lives of its residents. The project is set to focus on building the city as

The New Pamban Bridge, inaugurated by Railway Minister Ashwini Vaishnaw, is a groundbreaking feat of modern engineering, representing India’s first vertical lift railway sea bridge. This bridge, located in Rameswaram, Tamil Nadu, replaces the century-old Pamban Rail Bridge, which had been in operation since 1914. The old bridge was decommissioned in December 2022 due to corrosion, paving the way for this state-of-the-art structure. Stretching 2 kilometers, the new Pamban Bridg

The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and

Andhra Pradesh's road infrastructure has long been a point of contention, particularly during YS Jagan's administration, which faced widespread criticism for neglecting the state’s deteriorating road conditions. Despite public outcry and even criticism from visiting celebrities, Jagan and his ministers defended their record, leaving citizens frustrated with unsafe and poorly maintained roadways. This neglect contributed to a significant backlash in the 2024 general elections, wh