The first trainset of the country’s first Regional Rapid Transit System (RRTS) was handed over to the National Capital Region Transport Corporation on Saturday for the 82.5-km Delhi-Ghaziabad-Meerut RRTS Phase 1.

Designed by global mobility provider Alstom at its engineering centre in Hyderabad and manufactured in Savli, Gujarat, India’s first semi high-speed regional train can move passengers at 180 kmph and will cut travel time between Delhi and Meerut by 40%. The aerodynamic trains are designed to offer top-class comfort and safety for a premium passenger experience for commuters and are energy efficient.

The Centre on Friday expanded the Sagarmala programme, a maritime equivalent to Golden Quadrilateral for highways, by adding 735 new projects worth a little over Rs 1 trillion. With this, a total of 1,537 projects worth Rs 6.5 trillion are to be developed under the programme, that aims at reducing logistics costs for both domestic and export-import cargo.

Of the new projects approved by an inter-ministerial committee, 567 projects entailing investments of Rs 58,700 crore are for coastal area development to bridge the gaps in infrastructure at the coastal areas. The remaining 168 projects worth Rs 41,300 crore are primarily for improving connectivity.

Talking to media after the meeting, the minister for ports shipping and waterways Sarbananda Sonowal said the decision to enhance the number was taken at the request of the states.

On April 27, 2022, Sanjiv Kapoor, the newly-appointed CEO of Jet Airways, confirmed on Twitter that VT-SXE is indeed the aircraft that will be deployed for proving flight to regain Air Operating Permit (AOP). This afternoon, VT-SXE took to the skies for a flight over Hyderabad. The aircraft had been grounded since December last year at the GMR MRO at Hyderabad. The aircraft is then headed to Delhi where it will do its proving flights.

As the flight took off today, the airline in its new avatar is a step closer to creating history. No airline in India has been able to restart operations after the suspension of operations. This also comes in the backdrop of the Insolvency and Bankruptcy Code (IBC) law which was enacted in 2016 and subsequent proceedings at the National Company Law Tribunal (NCLT).

A continued momentum in the goods and services tax (GST) receipts from July 2021 onwards yielded an average mop-up of Rs 1.23 trillion in FY22, up 29% on year. Officials reckon that monthly GST revenues may average at Rs 1.35 trillion in FY23.

In aggregate, all states reported 17.5% growth in GST revenues in nine months during July 2021-April 2022 (excluding January, for which granular data is not available), with some reporting much higher growth. Buoyant GST collections would mitigate the revenue shock to states from the expiry of the compensation mechanism in July this year.

Elon Musk has lined up a new chief executive for Twitter, citing an unnamed source news agencies said, a week after buying the social media business for a record $44 billion. This raises questions about current CEO Parag Agrawal's future at the company.

On numerous occasions, Musk has expressed his dissatisfaction with Twitter's management, including in a securities filing on April 14th.

Agrawal, who was designated Twitter's CEO in November, is anticipated to continue in his position until the firm is sold. Other top executives may be laid off after the acquisition is completed, according to rumours.