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NHAI speeds up Delhi-Saharanpur NH project

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NHAI speeds up Delhi-Saharanpur NH project

Construction work on the NH-709B, a six-lane project running through various areas of East and Northeast Delhi and involving an investment of Rs 1,375.56 million, will begin soon.

The 155 km-long corridors will start from the Akshardham temple in Delhi and end at Saharanpur in Uttar Pradesh.

The highway will reduce travel time in UP districts and facilitate traffic flow in areas of northeast Delhi such as Pushta Road, New Usmanpur, Sonia Vihar Extension, Khajuri Khas, West Karawal Nagar, and Bhajanpura.

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The project has already been awarded and is scheduled for completion in 2023 after new tenders were called last month.

There are also plans to build an AIIMS-like hospital in this area so that people can reduce travel time and take advantage of the facilities.

New corridors are planned around Noida Link Road and Marginal Bund Road (Pushta Road) in Delhi and Baghpat Road in UP.

In fact, Pushta Road in northeast Delhi is one of the most congested corridors in the capital, connecting Delhi with the Uttar Pradesh border and the Eastern Peripheral Expressway (EPE).

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The corridor has a large number of unauthorized colonies and slum clusters on both sides of the road, as there is a large influx of vehicles, causing heavy and regular traffic jams.

The portion in Delhi – Akshardham-Gita Colony-Shastri Park-Khajuri Khas-Delhi-UP border – is 14.75 km long and comprises a 7 km elevated section.

News Source: NBM&CW

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Equipped to thwart cyber attacks: Banks, insurance firms to Sitharaman

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Equipped to thwart cyber attacks: Banks, insurance firms to Sitharaman

Sitharaman gave banks instructions to keep offering smooth services to customers, even in isolated locations, in cooperation with authorities and security firms as needed. Finance Minister Nirmala Sitharaman received assurances from Indian banks and insurance companies on Friday that they are prepared to stop any cyberattacks by Pakistani outfitted DDoS.

Distributed denial-of-service) systems. “Mock drills covering cybersecurity and disaster recovery scenarios at the highest levels have been held to ensure institutional readiness,” they informed her at a Friday meeting. According to the financial institutions (FIs), they are alert and actively monitoring phishing efforts. In order to guarantee prompt claim payouts.

Continuous customer service, Sitharaman instructed banks to keep offering smooth services to consumers, especially in distant places, in cooperation with regulators and security agencies New Delhi, May 10, 2025 — In a reassuring development for the financial sector, Finance Minister Nirmala Sitharaman on Friday said that banks and insurance companies in India fully.

Speaking at a cybersecurity summit organized by the Ministry of Finance in collaboration with the Reserve Bank of India (RBI) and IRDAI, Sitharaman stated that both public and private sector financial institutions have significantly ramped up their cyber preparedness equipped to counter cyber threats and have strengthened their digital security infrastructure safeguard.

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Rising Digital Transactions, Rising Risk

The Finance Minister’s remarks come in the wake of a growing number of cyber threats targeting the banking and insurance sectors, especially as India witnesses a steep rise in digital transactions. According to official data, digital payments in India grew over 76% year-on-year in FY 2024-25, driven by UPI, mobile banking, and digital policy purchases.

With this surge, the risks associated with data breaches, phishing, ransomware, and unauthorized access have also grown exponentially. Sitharaman emphasized the need for constant vigilance and investment in advanced cybersecurity technologies “Representatives from leading banks and insurance companies have assured the ministry that robust systems.

Institutional Safeguards in Place

The Finance Minister highlighted that both the RBI and IRDAI have issued detailed guidelines on cybersecurity protocols. Regular audits, simulation drills, and incident response mechanisms are now mandatory across institutions “Financial institutions cannot afford to be complacent. Cyber threats are evolving, and our preparedness must stay ahead of that curve.

“Banks are operating with 24×7 Security Operations Centers (SOCs), and insurance companies are also mandated to deploy advanced firewalls and data protection policies,” she noted ” she said real-time monitoring, and preventive frameworks are in place to detect, resist, and respond to cyber attacks,” Sitharaman said customers and operations Sitharaman also.

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Consumer Awareness Key

The minister also urged banks and insurers to invest in customer education. “A large number of cyber frauds happen due to lack of awareness. Institutions must proactively inform and empower users to identify and avoid suspicious links, calls, or messages,” she added mentioned that the government is working closely with the Indian Computer Emergency Response Team (CERT-In) to ensure real-time threat intelligence sharing and coordinated.

As digital finance continues to evolve, Sitharaman reaffirmed the government’s commitment to creating a secure and resilient financial ecosystem for all stakeholders response strategies Finance Minister Nirmala Sitharaman said banks and insurance companies have assured the government of their readiness to counter cyber threats. At a recent cybersecurity summit.

Financial institutions confirmed the implementation of advanced security systems, 24×7 monitoring, and compliance with RBI and IRDAI guidelines. Sitharaman emphasized the need for ongoing vigilance, customer And collaboration with CERT-In to ensure a secure digital financial ecosystem amid rising cyber risks of advanced securit Sitharaman emphasized the need for constant vigilance and investment in advanced.

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