Nitin Gadkari lays foundation for road projects, inaugurates two
He was accompanied by Chief Minister N Chandrababu Naidu and others.
"In any country and kingdom, four things are very important for development--water, power, transportation and communication. You will get prosperity from roads," said Gadkari, addressing the public meeting convened for the foundation laying an inauguration programme.
The two major road projects which he dedicated to the country include the upgradation of Madanapalle - Pileru stretch of NH 71 into a modern four-lane corridor. This 56 km highway was built at a cost of Rs 1,994 crore
The second major project was the upgradation of a 31 km stretch from Kurnool on NH 340C to Mandlem at a cost of Rs 858 crore.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
10 minutes ago
- Hans India
Minister Seethakka launches development works in Chevella
Telangana State Panchayat Raj Minister Seethakka and Telangana Government Chief Whip Dr. Patnam Mahender Reddy visited Mudimyala in Chevella Mandal to inaugurate significant infrastructure projects. During their visit, the Ministers launched the Malkapuram-Mudimyala BT road works, which are backed by funding of Rs. 3 crore 35 lakhs, provided under the auspices of local MLA Kale Yadayya. Additionally, they unveiled CC road projects in Chevella with a sanctioned amount of Rs. 1 crore 30 lakhs. In his remarks, Mahender Reddy highlighted the government's commitment to local development, revealing that Rs. 571 crore has been allocated for 1,583 new works in the Panchayat Raj Rangareddy Division. To date, 1,176 of these projects have been completed, with Rs. 132 crore already disbursed. Furthermore, he announced that Rs. 25 crore 10 lakhs have been earmarked for nine projects in the Chevella Division, underscoring the ongoing efforts to enhance infrastructure in the region.
Hindustan Times
10 minutes ago
- Hindustan Times
LIC AAO, AE 2025 registration begins for 841 vacancies, link to apply
LIC Recruitment 2025: Life Insurance Corporation of India (LIC) has started the application process for Assistant Administrative Officer (AAO) and Assistant Engineer (AE) recruitment, 2025. Eligible candidates can apply for this recruitment drive using the link given on the LIC website, LIC AAO, AE 2025 registration begins for 841 vacancies (REUTERS Photo) The direct link is given below as well. This recruitment drive will fill up 841 posts in the organisation. Also read: IB Security Assistant/ Executive Recruitment 2025: Registration process for 4900+ posts ends on August 17, apply now LIC Recruitment 2025: Vacancy details 1. Assistant Engineers: 81 vacancies 2. Assistant Administrative Officer (AAO) Specialist: 410 vacancies 3. Assistant Administrative Officer (AAO-Generalist): 350 vacancies. LIC AAO, AE recruitment 2025: Direct link to apply The application deadline is September 8, 2025. Read below for eligibility, selection process and other details. TO check post-wise eligibility criteria, age limit and other details, candidates can read the official notifications using this link. The application fee for this LIC AAO and AE recruitment drive is ₹85 plus transaction charges and GST for SC/ST/ PwBD candidates. For all other candidates, the application fee is Rs. 700 plus transaction charges and GST. Also read: Central Railway Apprentice Recruitment 2025: Apply for 2418 posts at direct link here LIC AAO, AE 2025: Selection process The selection process for LIC Assistant Administrative Officers comprises a three-tiered process – a preliminary exam, followed by a mains Exam, interview and subsequent pre-recruitment medical examination. The marks obtained in the Preliminary Examination (Phase-I) will not be considered for preparing the final merit list. The final merit list will be prepared on the basis of the marks obtained in the main examination and interview. For further details, candidates can check the official website of LIC India.
News18
18 minutes ago
- News18
SBI Hikes Home Loan Rates By 25 Bps: EMIs To Get Costlier For New Borrowers, Check New Rates
Last Updated: SBI Home Loan Rate Hike: SBI has revised home loan interest rates effective August 1, 2025. This impacts borrowers with higher EMIs. SBI Home Loan Interest Rate Hike: The State Bank of India (SBI) has revised its home and home-related loan interest rates effective from August 1, 2025. As per the report of Economic Times, regular home loans (term loans) will now be available in the range of 7.50% to 8.70%. The bank has raised the upper band of interest rates by 25 basis points. Earlier, SBI's home loan interest rates ranged between 7.50% and 8.45%, but now they stand between 7.50% and 8.70%. This means the lower limit remains unchanged, while the upper limit has been increased. New rates are effective from 1st August 2025. SBI's home loan rate hike came on the heels of RBI's decision to keep the repo rate unchanged at 5.55 per cent in the latest MPC meeting in August. The Max gain overdraft facility will attract interest rates ranging from 7.75% to 8.95%. Top-up loans have become relatively costlier, with rates between 8.00% and 10.75%, and overdraft top-up loans fixed at 8.25% to 9.45%. Loan against property (P-LAP) now comes at 9.20% to 10.75%, whereas reverse mortgage loans are fixed at 10.55%. SBI has also kept the YONO Insta Home Top-Up Loan at 8.35%. The bank has clarified that all home loan rates remain linked to the External Benchmark Lending Rate (EBLR), which currently stands at 8.15%. How SBI's Hike May Impact Borrowers SBI's decision to raise the upper limit of home loan interest rates from 8.45% to 8.70% will directly impact borrowers opting for loans at the higher end of the band. While the lower limit remains unchanged at 7.50%, those whose credit profile or loan category places them near the upper slab will now face slightly higher EMIs and overall repayment burden. Even though the hike is just 25 basis points, the effect over long tenures can be significant. For example, on a Rs 30 lakh loan with a 20-year tenure, the EMI at 8.45% was about Rs 25,830. At the new rate of 8.70%, the EMI rises to Rs 26,278 — a difference of around Rs 450 every month. Over the loan's lifetime, this translates into an additional outgo of more than Rs 1 lakh. Borrowers with larger loans, say Rs 50 lakh or above, will see the impact magnified further. This makes homeownership costlier, especially for new buyers stretching their budgets. A borrower takes a home loan of Rs 30 lakh for 20 years. About the Author Business Desk A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover More view comments First Published: News business » banking-finance SBI Hikes Home Loan Rates By 25 Bps: EMIs To Get Costlier For New Borrowers, Check New Rates Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
