India's GDP growth likely to be 7.7% this fiscal: Citigroup
Gradual fiscal recovery is likely to push the GDP growth numbers of the country to 7.7 percent in this financial year, says a Citigroup report.
Apr 18, 2016, 15:36 PM IST
Government to soon roll out Rs 8-lakh crore railway infrastructure plan
Plagued with a long spell of underinvestment, Indian Railway is firming up a plan for infrastructure development with an ambitious target of pumping in more than Rs 8 lakh crore over the next four years.
Apr 10, 2016, 16:44 PM IST
RBI relax norms for firms to raise foreign funds for infra
The Reserve Bank Tuesday relaxed overseas borrowings norms to help companies raise funds for infrastructure projects in the country.
Mar 30, 2016, 21:45 PM IST
GVK power to divest 33% in BIAL to Fairfax for Rs 2,149 crore
GVK Power and Infrastructure today said it will divest 33 percent stake in Bangalore International Airport Ltd (BIAL) to Fairfax India Holdings Corporation for Rs 2,149 crore.
Mar 28, 2016, 13:46 PM IST
Infra outlay at Rs 2.21 lakh crore, proactive steps to boost growth
Allocating a major share to infrastructure that includes Rs 2.21 lakh crore outlay, Finance Minister Arun Jaitley today said enhanced allocations coupled with reforms and steps will remove obstacles impeding the sector's growth.
Feb 29, 2016, 15:09 PM IST
Infrastructure 'sine qua non' for robust growth: Survey
Terming infrastructure as "sine qua non" for achieving robust growth, the Economic Survey 2015-16 said government has accorded top priority to the sector and has undertaken a slew of steps to augment it.
Feb 26, 2016, 18:08 PM IST
Ind-Ra maintains negative outlook on Infra for FY17
India Ratings has maintained a negative outlook for infrastructure sector for the next fiscal as it sees a high concentration of poorly performing assets.
Feb 15, 2016, 16:10 PM IST
'Govt can breach fiscal deficit target to fund infrastructure'
The fiscal consolidation roadmap laid out by Jaitley had estimated fiscal deficit to come down to 3.9 percent in current fiscal and further to 3.5 percent next fiscal.
Feb 12, 2016, 22:00 PM IST
Arun Jaitley invites UAE to invest in NIIF
Seeking investments from the UAE, Finance Minister Arun Jaitley Wednesday said investors from the Gulf region could participate in India's maiden sovereign wealth fund NIIF, which has been set up to fund infrastructure projects.
Feb 10, 2016, 21:37 PM IST
India needs $1 trillion for new roads, ports, airports: Nitin Gadkari
Gadkari said his ministry is working on a target of 30 km of new roads per day by March 31 besides working towards achieving an ambitious target of 100 km a day.
Jan 31, 2016, 18:16 PM IST
PM Modi lays foundation stone of Delhi-Meerut Expressway project-Part 2
Prime Minister Narendra Modi laid the foundation stone of the ambitious Delhi-Meerut Expressway project.
Dec 31, 2015, 19:51 PM IST
PM Modi lays foundation stone of Delhi-Meerut Expressway project
Prime Minister Narendra Modi laid the foundation stone of the ambitious Delhi-Meerut Expressway project.
Dec 31, 2015, 19:36 PM IST
GMR Infra pulled up for over $1 billion fund raising report
Stock Exchanges Monday pulled up GMR Infrastructure over reports that it plans to raise funds by selling part of its assets in airports and energy business, even as the company denied the reports.
Dec 07, 2015, 23:19 PM IST
Govt approves Rs 3,120 cr for infra boost in 102 AMRUT cities
Government Thursday approved an investment of Rs 3,120 cr for boosting urban infrastructure in in 102 cities across five states, including enhancing water supply, sewerage network, non-motorised transportation system and availability of public spaces.
Nov 26, 2015, 23:00 PM IST
Govt eases norms for bilateral aid to promote Make in India
Government Wednesday eased the norms for bilateral Official Development Assistance (ODA) to enable the country access assistance from other countries, a move which will promote 'Make in India' campaign by obtaining new technology and boost infrastructure.
Nov 18, 2015, 22:34 PM IST
Huawei want to help India to build ICT for smart cities
China's Huawei Technologies wants to play an important role in helping India build Information and Communications Technology (ICT) infrastructure for the development of smart cities, a senior company executive said Thursday.
Nov 12, 2015, 17:44 PM IST
Infra development top priority; Rs 4L-crore stuck projects rolled: PM Modi
Narendra said projects worth Rs 32,000 crore have been sanctioned for the state.
Nov 05, 2015, 18:39 PM IST
India-Norway Joint Commission meeting tomorrow
The meeting will be co-chaired by External Affairs Minister Sushma Swaraj and her Norwegian counterpart Borge Brende.
Nov 01, 2015, 16:48 PM IST
Govt to address regulatory, financial issues in infra sector: Shaktikanta Das
The government Monday assured industry stakeholders of resolving regulatory and financing issues to expedite infrastructure projects, including those being promoted under the PPP mode.
Oct 26, 2015, 18:19 PM IST
India's core sectors growth slows to 2.6% in August
Coal, cement and electricity output slowed down to 0.4 percent, 5.4 percent and 5.6 percent respectively during the last month as compared to 13.2 percent, 10 percent and 12.9 percent.
Sep 30, 2015, 19:09 PM IST
