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Natural calamities in Asia, Pacific threat to infra: ADB

Natural calamities in Asia, Pacific threat to infra: ADB

Asia and Pacific countries, including India, Sri Lanka and Bangladesh, need to thwart challenges posed by natural calamities that have been taking toll on their infrastructure, ADB has said.

UP CM Yogi Adityanath approves draft of new industrial policy

Yogi Adityanath had gone through the key points of the 'UP Industrial Investment and Employment Promotion Policy-2017' yesterday.

DeMo effect: 12.54 lakh PoS terminals added in Jan-March quarter

DeMo effect: 12.54 lakh PoS terminals added in Jan-March quarter

The Finance Ministry on Wednesday said as many as 12.54 lakh Point of Sale (PoS) terminals were added in January-March this year, giving a boost to government's efforts to promote digital transactions after demonetisation.

PM Modi reviews performance of key infrastructure sectors

PM Modi reviews performance of key infrastructure sectors

Prime Minister Narendra Modi on Monday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing.

 

Indians can enter Russia's far east without visa: Dmitry Medvedev

Citizens of India are eligible to visit Russia`s far east without visas, Russian Prime Minister Dmitry Medvedev has said.

PM Narendra Modi's power-packed weekend consists of diplomacy, spirituality and technology

A busy yet highly industrious weekend awaits Prime Minister Narendra Modi, who has a smorgasbord of activities on his plate ranging from infrastructure, justice and diplomacy to spirituality and technology.

NITI Aayog to lend support in development of 10 big infra projects

NITI Aayog will prepare a list of 10 big infrastructure projects that can be developed under the public private partnership (PPP) mode.

Mutual funds can now invest in REITs, InvITs: Sebi

Mutual funds can now invest in REITs, InvITs: Sebi

To make real estate and infrastructure investment trusts more attractive for investors, regulator Sebi has notified norms allowing mutual funds to invest their money in such entities.

India's core infrastructure sector growth rises to 4.9% in November

India's core infrastructure sector growth rises to 4.9% in November

Infrastructure sector recorded a growth rate of 4.9 percent in November on the back of impressive performance by steel, electricity and coal products.

India needs $1 trillion for housing, infra projects: Report

India needs $1 trillion for housing, infra projects: Report

India will require investments of USD 1 trillion over the next 5-7 years to meet demand from infrastructure and housing with banks, private equity and NBFCs likely to be main sources of funds, says a report.

India's infrastructure deficit still very large: Arun Jaitley

India's infrastructure deficit still very large: Arun Jaitley

Stressing the need for investment to pick up in the infrastructure sector, Finance Minister Arun Jaitley here on Tuesday said the deficit in the sector was still "very large".

Simplex Infra gets shareholders' nod to raise Rs 200 crore

Engineering firm Simplex Infrastructures Ltd on Thursday said it has received shareholders' nod to raise up to Rs 200 crore by issuing non-convertible debentures on private placement basis.

India's Q1 GDP growth slows to 6-quarter low of 7.1%; July infra dips to 3.2%

India's Q1 GDP growth slows to 6-quarter low of 7.1%; July infra dips to 3.2%

GDP growth slowed mainly due to subdued performance of mining, construction and farm sectors. The economy had expanded at 7.5 percent in the April-June quarter of last financial year, 2015-16.

India's progress incomplete without infra expansion: PM Modi

India's progress incomplete without infra expansion: PM Modi

India's progress is incomplete without rapid expansion and upgradation of basic infrastructure, Prime Minister Narendra Modi said Tuesday while underlining that his government's efforts are characterised by speed and scale to usher in "an era of historic growth".

101 infra projects see Rs 1.29 lakh crore in cost overruns

101 infra projects see Rs 1.29 lakh crore in cost overruns

As many as 101 infrastructure projects sized Rs 1,000-crore and above have reported a cost overrun of Rs 1.29 lakh crore, as per official data.

Good news for Delhites! Modi govt sanctions Rs 658 crore for 5 big projects - Know details

Good news for Delhites! Modi govt sanctions Rs 658 crore for 5 big projects - Know details

The projects are aimed at unclogging the key stretches of the national capital.

India to seek US cooperation for modernising infrastructure

India to seek US cooperation for modernising infrastructure

India will seek innovative technologies from the US for modernising the country's infrastructure during Union Minister Nitin Gadkari's meetings with top American officials and corporate leaders to attract billions of dollars in FDI in the crucial sector.

Railways will invest $140 bn in infrastructure in 5 years: Suresh Prabhu

Railways will invest $140 bn in infrastructure in 5 years: Suresh Prabhu

"Indian Railways will invest $140 billion in the next five years. We have invested Rs 94,000 crore and additionally we have decided to issue contract of Rs 40,000 crore for locomotives," Prabhu said at an event organised by MCC Chamber of Commerce and Industry.

Govt suffers Rs 1.6 lakh crore loss as 238 infra projects delayed

Govt suffers Rs 1.6 lakh crore loss as 238 infra projects delayed

Project cost of as many as 238 infrastructure projects, monitored by the Statistics Ministry, have overshot by Rs 1.6 lakh crore from their original estimates due to delays on account land acquisition forest clearances and other reasons, official data showed.

Core sector expands to a 16-month high of 6.4% in March

Core sector expands to a 16-month high of 6.4% in March

On the back of high production rate of fertilizer, cement, petroleum and electricity, the eight core sector industries grew by 6.4 percent in the month of March.