Latest Phase 1 News & Updates

New Delhi, April 8 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Rs 13,037.66 crore Jaipur Metro Phase-2 project, a transformative 41 km long North–South corridor from Prahladpura to Todi Mod, comprising 36 stations across the city.The project will be implemented by Rajasthan Metro Rail Corporation Limited (RMRCL), a 50:50 joint venture of the Centre and the Rajasthan government.The Phase-2 corridor will provide seamless connectivity to major acti…

Mumbai, Dec 24 (IANS) The Reserve Bank of India (RBI) announced on Wednesday that it has postponed the implementation of Phase 2 of the faster cheque clearance framework by banks, which was scheduled to begin from January 3, 2026. “Implementation of phase 2 is being postponed until further notice, to allow more time to banks to streamline their processes,” according to the RBI statement.Phase 1 of the system, which was implemented earlier this year, will continue to operate as usual.The RBI …