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NHAI’s New AI-powered Digital Platform: The National Highways Authority of India (NHAI) has released its second sustainability report, highlighting how the use of Artificial Intelligence (AI) has significantly improved its operations. NHAI has launched an AI-powered digital platform called Data Lake 3.0, which compiles all project-related information in one place and helps in faster decision-making….
New Delhi: To ensure smooth tolling operations and strengthen reporting of ‘Loose FASTags’, the NHAI on Friday said it has further streamlined its policy for the toll collecting agencies and concessionaires to immediately report and blacklist ‘loose FASTags’ — also commonly called “tag-in-hand”. In view of upcoming initiatives like the Annual Pass System and Multi-Lane…
New Delhi3 minutes ago Copy link Those driving bike-scooters will not have to pay any kind of toll tax on the highway. Some media reports were claiming that from July 15, those who run two-wheelers on the National Highway would also have to pay tax. The government has described these reports as fake. Union Minister…
New Delhi: The FASTag ecosystem has immense potential, not just for tolling, but as a foundation for seamless digital travel experiences across the country, said Nitin Gadkari, Union Minister for Road Transport and Highways. According to the minister, through collaboration with fintechs and other stakeholders, “we aim to expand the utility of FASTag into a…
No news Business Business News Update; Share Market, Gold, Silver At All time High, Fastag New Delhi49 minutes ago Copy link Yesterday’s big news was related to fastag. The government has announced that now an annual pass option for fastag will also be available. It will cost Rs 3,000. From August 15, it will start…
FASTag Annual Toll Pass Price And Validity: The Ministry of Road Transport and Highways (MoRTH) is likely to introduce annual and lifetime toll passes for private vehicle owners, aiming to make highway travel more seamless and cost-effective. According to media reports, these new toll passes would be integrated into the existing FASTag system. It’s important…
Curated By: Shobhit Gupta Last Updated: September 10, 2024, 17:18 IST The GNSS will be based on a navigation satellite system. (File image) Under the new notification, called as National Highways Fee (Determination of Rates and Collection) Amendment Rules, 2024, toll fees will only be charged on the actual distance travelled if the distance exceeds…
The advanced FASTag design enhances vehicle identification and toll collection efficiency aimed at reducing travel time. (Representative image) SBI FASTag: Know how will commuters benefit from the new FASTag design The State Bank of India (SBI) has introduced a new design for its FASTag, which promises to cut commuter travel time and correct any sort…
New Delhi: The State Bank of India has introduced a new FASTag design which is aimed at addressing the misuse of smaller vehicle tags on larger vehicles to avoid higher toll charges. This updated FASTag is specifically designed for Vehicle Class-4 (VC-04) which encompasses cars, jeeps and vans, as reported by Economic Times. The new…
New Delhi9 minutes ago copy link On Thursday (22 August), the Reserve Bank of India has included Fastag and National Common Mobility Card (NCMC) in the e-mandate framework. Under this, as soon as the amount in these two payment instruments falls below the prescribed limit, money will be deducted from the customer’s account and added…