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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".

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.

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.

Slump in oil, commodity prices to help India build infra: CEA

Slump in oil, steel and cement prices presents India with an opportunity to build infrastructure at lower costs as well as shore up public and private spending, Chief Economic Advisor Arvind Subramanian said.

India will give better returns on investments: FM

India will give better returns on investments: FM

Asserting that India would give better returns on investments than many other countries, Finance Minister Arun Jaitley today said foreign investments can provide great additional resources for infrastructure and other sectors.

Execution, capital issues persist in infra sector: BofA-ML

Noting that infrastructure is witnessing a gradual revival, a BofA-ML report said the sector is still faced with challenges in terms of working capital requirements and execution issues.

Govt invests Rs 4.85 lakh crore in big infra projects

Government has invested Rs 4.85 lakh crore in big infrastructure projects, costing over Rs 150 crore, as of June 1 in the current fiscal.

ADB to increase India lending to $12 bn by 2018

ADB to increase India lending to $12 bn by 2018

Asian Development Bank president Takehiko Nakao on Tuesday said the bank is looking to increase exposure in India, especially in infrastructure, skill development and urban services, and proposes to increase lending to the country by almost half to $12 billion by 2018.

Hyundai Motor Group plans expansion in infra sector in India

Hyundai Motor Group Tuesday expressed its desire to expand its business into sectors like construction and railways in India, where it is currently the largest exporter of cars.

PM chairs connectivity-related infrastructure sectors meeting

Prime Minister Narendra Modi on Thursday said all efforts should be made to translate global interest and positive policy interventions in the railways sector for the benefit of the country.

224 central projects see cost overrun of over Rs 2 lakh crore

As many as 224 central sector infrastructure projects in sectors like road, rail and power were showing cost overrun of over Rs 2 lakh crore till December-end, Parliament was informed on Wednesday .

PM Modi promises reforms 'at top speed'

Prime Minister Narendra Modi today promised reforms "at top speed" with positive regulatory framework, tax stability and boost to infrastructure to help take the economy to USD 20 trillion from USD 2 trillion.

Rs 3 lakh crore for building power infrastructure: Minister

An amount of Rs 3 lakh crore would be invested in building infrastructure for transmission and distribution of power in the country, Union Power Minister Piyush Goyal today said.

PM Narendra Modi to review progress of infra sectors today

In order to push infrastructure development in the country, Modi had asked his ministers to electronically monitor the progress of projects.

Prime Minister to review progress of infra sectors on Nov 5

Prime Minister Narendra Modi will review the progress of infrastructure sectors including roads, railways and power in the presence of senior officials of concerned ministries on November 5.

India offers $250 bn investment opportunity in infrastructure

India needs $250 billion in next 20 years for basic urban infrastructure and this offers huge investment opportunities to international investors, said country`s Urban Development Minister M. Venkaiah Naidu.

GMR plans Rs.750 crore airport city in Hyderabad

Infrastructure major GMR Group propose to develop airport city at Hyderabad airport with world-class facilities at a cost of Rs.750 crore.

India Inc most optimistic among Asian corporates: Survey

Despite a fall in overall business sentiment across Asia after the slowdown in China and Singapore, India Inc is still riding high on optimism with a latest survey showing it topping the optimism chart.

Infra, construction sector growth may remain stressed in FY15

Growth of infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may constrain the ability of some corporates to access credit, India Ratings and Research, a Fitch Group company, said in a report Tuesday.

Confidence has returned, time for action: India Inc

Industry is particularly pleased with the initiatives on infrastructure and the promise of making the environment business-friendly.