Telangana CM Revanth Reddy seeks faster approvals for semiconductor projects
Ashwini Vaishnaw
to fast-track approvals for semiconductor projects proposed in Telangana.
During a meeting with the Union minister at Rail Bhavan on Thursday, the CM, accompanied by IT minister D Sridhar Babu and water resources minister Uttam Kumar Reddy, highlighted Telangana's robust infrastructure innovation-friendly ecosystem and world-class research and development (R&D) centres.
He said these strengths make Telangana an ideal location for the proposed Advanced System in Package Technologies (ASIP) project and the Micro LED Display Fab project by Crystal Matrix. In the meeting, Revanth reiterated Telangana's request for the establishment of a Hi-Tech Electronics Park at Mucherla in Ranga Reddy district under the EMC 2.0 scheme. He also sought approval for a new electronic manufacturing park near the Regional Ring Road.
The union minister responded positively to both requests.
You Can Also Check:
Hyderabad AQI
|
Weather in Hyderabad
|
Bank Holidays in Hyderabad
|
Public Holidays in Hyderabad
'Regional Ring Rail'
To enhance railway connectivity in Telangana, the chief minister urged Vaishnaw, who also holds the Railways portfolio, to approve new projects in the state. He pitched a 'Regional Ring Rail' project, which would run parallel to the Hyderabad Regional Ring Road.
The Railway Board has already granted cleared the final location survey for the 8,000 crore project, which aims to improve connections between rural and urban areas and reduce traffic congestion at major stations in Hyderabad.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Own a Freehold Property in Dubai — 10-Year Visa Included
Binghatti Developers FZE
Read More
Undo
The CM explained that the Regional Ring Rail project would alleviate rural poverty and create employment opportunities in urban areas. He also sought a railway link from Hyderabad Dry Port to Bandar Port, emphasising its potential to enhance exports of pharmaceuticals, electronic equipment, and food processing products.
He also requested the establishment of the Kazipet railway division to improve railway operations in Telangana, ensuring passenger safety and faster services.
Further, he appealed for approval of several new railway lines to support connectivity, industrial development, and agricultural trade, especially in underdeveloped regions.
The proposed routes include Vikarabad-Krishna (122 km, estimated cost 2,677 crore), Kalwakurthy-Macherla (100 km, estimated cost 2,000 crore), Dornakal-Gadwal (296 km, estimated cost 6,512 crore), and Dornakal-Miryalguda (97 km, estimated cost 2,184 crore), all of which would be funded entirely by the Railways.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
22 minutes ago
- The Hindu
Farmer groups to step up campaign against FTA with U.S.
A general body meeting of the Samyukta Kisan Morcha (SKM) held in New Delhi on Sunday (July 20, 2025) has warned the Union government against going ahead with the proposed trade agreement with the United States. The SKM said, in a statement on Monday (July 21, 2025), that the general body has also called for nationwide protests against the deal as it could act against the interests of farmers. The SKM will observe August 13 as 'Corporations Quit India Day' and said it seriously apprehends that the Narendra Modi government is surrendering to the diktats of the 'U.S. Imperialism' to sign the free trade agreement (FTA). The SKM said such an agreement could lead to opening up of agriculture, dairy and food markets and that will hurt the interests of the people. 'The FTA is supposed to come into effect by August 1, 2025. August 9 is the 83rd anniversary of the Quit India Day movement against British colonialism. To protest the BJP-led NDA government's moves to accept USA's pressures and increase imports of food and dairy items, including Genetically Modified foods and penetration of multinational corporations in food markets, SKM will issue a mass warning through these mass protests,' the statement said. 'Peasants will raise the slogan 'Corporations Quit India' on August 13 by organising tractor/ motor vehicle parades and protest demonstrations and burn effigies of the US President Donald Trump and Prime Minister Narendra Modi,' the statement added. The meeting congratulated the leadership of the united trade union movement for the strike action on July 9. 'This was the 22nd general strike since the invention of neo-liberal policies and its success has filled confidence to all the democratic sections in the society that the entire working people are ready to fight back the anti-people policies of the ruling classes,' the statement said.
Time of India
31 minutes ago
- Time of India
‘Not going to rush': Ahead of Trump's tariff deadline, US Treasury Secretary Scott Bessent shares update; says ‘more concerned about…'
The US will not fast-track trade deals simply to meet deadlines, Treasury Secretary Scott Bessent has said, signalling that the Trump administration remains focused on securing high-quality agreements even as a key tariff deadline approaches. In an interview with CNBC, Bessent stated, 'The Trump administration is more concerned with the quality of trade agreements rather than their timing. We're not going to rush for the sake of doing deals.' The remarks come ahead of the August 1 deadline, when tariffs on several US trade partners could kick in if talks fail to yield progress, according to an ET report. While describing the ongoing negotiations as 'moving along,' Bessent warned that failure to reach agreements could escalate trade tensions. 'If we boomerang on August 1 tariffs, higher tariffs could put more pressure on countries,' he said. Allies under pressure as US sticks to its terms Bessent pointed to growing engagement from the European Union, noting, 'They've become more engaged,' and said he expects Brussels may aim to speed up negotiations. 'I imagine they would want to negotiate faster,' he added. On Japan, Bessent clarified that Washington's focus remains firmly on securing the best outcomes for the US, not adapting to domestic political calendars in partner countries. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo 'Our priorities are not internal government but best deals for U.S.,' he said. Despite the approaching deadline, Bessent expressed confidence in the ongoing discussions. 'Trade is in a good place,' he said. Russia tariffs tied to political goals Touching on Russia, Bessent acknowledged that tariff measures can go beyond trade. 'Tariffs can be a means to political ends,' he said, referring to current conversations around sanctions. He also hinted at a possible joint strategy with allies, saying, 'Would urge Europe to follow us if we implement secondary tariffs,' without naming affected sectors or timelines. China discussions may restart, focus on overcapacity and oil On China, Bessent said talks could resume 'in the near future,' but flagged overcapacity as the primary concern. 'The elephant in the room with China is overcapacity,' he said, mentioning steel and solar as key pressure points. He also pointed to two new areas of concern that may enter future negotiations—Beijing's trade ties with Russia and its stance on Iranian oil. 'Could start talking about Iranian oil,' Bessent said, while adding that the US 'could discuss [China's] trade with Russia' as part of broader diplomatic talks. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
35 minutes ago
- Time of India
Serena vs. Venus Williams: Who Is Richer in 2025?
Image via Instagram/ Venus Williams When it comes to the Williams sisters, their dominance on the tennis court is legendary—but who holds the crown in wealth? Serena and Venus Williams aren't just record‑breaking athletes; they're powerful entrepreneurs and savvy investors. Serena's 23 Grand Slam titles, combined with her booming business ventures post‑retirement, have propelled her net worth into the hundreds of millions. Meanwhile, Venus, a seven‑time Grand Slam champion, has built a solid wealth base through prize money, brand deals, and her EleVen fashion and design ventures. This article dives into the financial journeys of both sisters, breaking down their respective individual net worth, earnings, endorsements, and asset portfolios, revealing not just how much they've earned—but how they've leveraged their fame into lasting financial empires. 1. Net Worth Comparisons Serena Williams Net Worth 2025 From Grand Slams to Grand Fortune: Serena Williams Net Worth 2025! Serena's net worth is estimated between $300 million to $350 million in 2025. Forbes lists her at $350 million, while Celebrity Net Worth reports $300 million. The Sun also notes her post‑retirement business empire is worth $340 million. Whereas, Venus's estimated net worth is around $95 million in 2025. Financial sources attribute this to her tennis earnings, endorsements, and entrepreneurial profit. Overall, Serena's fortune significantly surpasses Venus's—by a margin of over $200 million. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ready for a Glow-Up? [Get Your Reading Now] Undo Glow-Up Packages from $15 [Sign Up] Undo Affect Your Future Now! (Book Today) Undo 2. Career Earnings: Prize Money Comparisons When it comes to sheer dominance on the court, Serena Williams has not only broken records but rewritten the history books in women's tennis—and her staggering prize money reflects this unparalleled success. Serena has raked in approximately $94.8 million in career prize money, making her the highest-earning female athlete in tennis history. Notably, she became the first woman ever to cross the $90 million milestone in prize earnings: a feat unmatched by her peers. Venus Williams, though trailing behind her younger sister, has carved out an incredibly successful career in her own right. With a career prize purse of approximately $42.6 million ( Venus remains one of the top ten female earners in WTA history. In summary, while Venus's impressive earnings cement her as a tennis great, Serena's extraordinary winnings, often setting new records season after season, firmly secure her spot as the wealthier champion when it comes to prize money. 3. Endorsements & Sponsorships of the Williams sisters Serena has long-term endorsement contracts with Nike (a $40 million deal in 2004), Gatorade, Beats by Dre, Wilson, Gucci, and more. At her career peak, she earned up to $20 million annually from sponsors. Venus has earned approximately $30 million from endorsements with Nike, Wilson, Gatorade, Porsche and other brands . Her deals give her steady annual earnings in the $6–7 million range. Both built reputations as brand ambassadors, but Serena's multi-decade dominance has allowed her to command significantly larger sponsorships. 4. Business Ventures & Investments of Serena and Venus Williams Since launching Serena Ventures in 2017, Serena has backed over 85 companies, with 14 unicorns—private firms valued over $1 billion . She also founded S by Serena fashion line, a jewelry collection, Wyn Beauty (2024), Nine Two Six Productions, and holds minority stakes in the Miami Dolphins, Angel City FC, Toronto WNBA club, Los Angeles Golf Club, and UFC. All these diversify her income beyond prize money and enhance her net worth. Venus founded her EleVen athletic fashion line in 2007, generating about $10 million annually. She also founded V Starr Interiors, invested in companies like Human Co., Quit Genius, Ellevest, and Ghostbed. Like Serena, Venus is a minority owner of the Miami Dolphins. While both are entrepreneurs, Serena's ventures are larger in scale, but Venus maintains solid, diversified investments that further boost her wealth. 5. Assets Comparison between Serena and Venus Williams: Real Estate & Luxury Serena's assets include luxury homes in Palm Beach Gardens (Florida), Paris, Bel Air, and Beverly Hills. She previously owned a $6.7 million Beverly Hills mansion, which she sold later and has an extensive luxury-car collection, including an Aston Martin Vanquish (approximately $300k). Venus owns a $12 million beachfront estate in Palm Beach, a $4.5 million Hamptons home, and a $2.2 million residence in St. Louis. These properties reflect both strategic investment and personal heritage. Both sisters own high-value real estate and luxury assets, yet Serena's global property holdings and iconic car collection place her slightly ahead. Serena and Venus Williams are emblematic not only of tennis brilliance but of entrepreneurial excellence. Serena's dominance on court earned her record‑breaking prize money, while her post‑retirement ventures, from venture capital to entertainment, have elevated her net worth to $300–350 million. Venus, with $95 million, stands tall thanks to consistent earnings, her EleVen line, and savvy investments. Though Serena's financial empire towers in size, Venus's wealth is built on a well‑diversified foundation rooted in her passions. In the wealth race, Serena leads, but both sisters exemplify power, ambition, and business acumen—further proving that their legacy extends far beyond tennis trophies. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
