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'Indian economy to grow 7.7% in 2016-17'

'Indian economy to grow 7.7% in 2016-17'

Rating agency ICRA on Monday projected Indian economic growth to improve to 7.7 percent in next fiscal, led by domestic consumption demand on the back of implementation of 7th Pay Commission and OROP recommendations.

'Indian economy to grow 7.7% in 2016-17'

'Indian economy to grow 7.7% in 2016-17'

Rating agency ICRA on Monday projected Indian economic growth to improve to 7.7 percent in next fiscal, led by domestic consumption demand on the back of implementation of 7th Pay Commission and OROP recommendations.

Cabinet note on implementing GoM suggestions on coal mining

Acute coal shortage in the country is affecting various sectors, including power.

CCI nod not leading to spurt in investments, says Montek

CCI has so far cleared projects worth over Rs 6 lakh crore.

CoalMin floats another CCI note for completion of 3 rail lines

Coal Ministry has floated another note for the Cabinet Committee on Investment so as to ensure timely completion of three critical rail links for evacuating coal from the mines of state-owned CIL.

Projects worth Rs 34,647 cr put on fast track

The government has put on the fast track projects worth Rs 34,647 crore in petroleum and natural gas and power sectors by approving a number of them and giving directions for urgent clearances to the rest.

Posco begins boundary wall construction

The company requires 4004 acre to set up the 12 mtpa steel plant at an investment of Rs 51,000 crore.

CCI clears 5 delayed projects worth Rs 7,947 crore

"The CCI on December 9 approved five delayed projects involving an investment of Rs 7,947 crore," Oil Minister M Veerappa Moily told reporters here.

CCI to take up Rs 35,000 crore stalled power projects

Power Ministry has sought CCI intervention on NHPC's Dibang project and Reliance Power's Tilaiya project.

CCI reviews progress on infrastructure projects

The Cabinet Committee on Investment Tuesday reviewed the progress on infrastructure projects worth about Rs 1.6 lakh crore and discussed ways to overcome hurdles that are delaying them.

CCI to consider 7 projects worth about Rs 1.6 lakh cr on Sept 17

Seeking to push investment and growth, the Cabinet Committee on Investment (CCI) headed by the Prime Minister is likely to consider seven stalled mega infrastructure projects, envisaging investment of around Rs 1.6 lakh crore, on September 17.

CCI clears Rs 1.83 lakh crore projects in Infrastructure

The projects cleared across various infrastructure sectors include 18 in the power sector, entailing Rs 83,773 crore investment besides 18 others in sectors like Road, Railways, Petroleum and Natural Gas.

CCI for speeding up clearances of 36 infra projects

The Cabinet Committee on Investment has decided to ask ministries concerned to clear expeditiously as many as 36 infrastructure projects stuck due to delay in sanctions, sources said.

CCI clears 171 projects worth Rs 1.69 lakh crore

The government has set up the CCI with headed by Prime Minister Manmohan Singh as the chairman to expedite decisions on approvals or clearances for implementation of projects, he said.

CCI may review progress of three rail projects on Wednesday

The Cabinet Committee on Investment (CCI) may review tomorrow the progress of three rail projects which are critical for transporting coal from CIL mines located in Odisha, Jharkhand and Chhattisgarh.

Cairn said KG block operationally infeasible

Weeks after Cabinet Committee on Investment eased defence ministry's 'No-Go' restriction on oil blocks, Cairn India has told the Oil Ministry that a large part of its KG basin block has become operationally infeasible because of new limitations imposed.

CIL to supply coal to pre-2009 power projs on domestic prices

"The Cabinet Committee on Investment (CCI) on April 22 decided that CIL will continue to supply domestic coal at 90 per cent of the annual contracted quantity (ACQ) for pre-2009 projects," official sources said.

CCI approves 13 power projects worth Rs 33,000 cr

Of the 20 projects reviewed by the newly appointed Cabinet Committee on Investment (CCI), 13 projects involving investment of about Rs 33,000 crore have been cleared, an official statement said.

CCI clears 25 oil blocks with $4.61 billion investment

After clearing five "No-Go" areas for oil and gas exploration, the Cabinet Committee on Investment (CCI) Monday eased stringent conditions imposed by Defence Ministry on another 25 blocks, freeing USD 4.61 billion investments.

Problems of many projects to be resolved in 5-6 weeks: Montek

Planning Commission Deputy Chairman Montek Singh Ahluwalia Monday expressed the hope that problems related to mega projects - stuck due to regulatory clearances - will be resolved within 5-6 weeks.