Feb 1, 2018

India to spend $94 billion on infrastructure, targeting airports

Image: Hindustan Times / Getty Images

India's Finance Minister Arun Jaitley revealed plans to increase airport capacity fivefold as part of a 20% hike in infrastructure spending, bringing the expected total to 6 trillion rupees ($94 billion) for the year starting April 1, reports Bloomberg.

Why it matters: In addition to improving major metropolitan airports, the program will work to connect 56 unserved airports and 31 helipads, allowing low-income Indians to fly for the first time. Just 80 of the country's 486 existing airports are in regular commercial use.

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Syria's darkest chapter

Family room without a family, in Idlib. Photo: Muhammed Said/Anadolu Agency via Getty Images

The worst humanitarian crisis of Syriaโ€™s brutal civil war is colliding today with what could be the warโ€™s most dangerous geopolitical showdown, after at least 29 Turkish troops were killed in an airstrike.

The big picture: The fighting is taking place in Idlib in northwest Syria, where a ferocious Syrian and Russian offensive has displaced 1 million civilians and infuriated Turkey, which borders the region.

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Fear of coronavirus pandemic escalates

Photo: Abdulgani Basheer/AFP/Getty Images

In the blink of an eye, we've entered a new phase on the coronavirus.

The big picture: Italy, Iran and South Korea are at "decisive" points in their responses, the World Health Organization said on Thursday.

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