August core sector growth slows to 2.6%
The output of eight core industries slowed down to 2.6 percent in August as against 5.9 percent in the same month last year.
Sep 30, 2015, 17:24 PM IST
7% GDP growth not enough: FM Jaitley
Finance Minister Arun Jaitley on Friday said 7 percent growth rate recorded in the first quarter of current fiscal "is not just enough", though many thought it was a fair growth rate.
Sep 18, 2015, 18:29 PM IST
Active private participation in housing need of the hour: Naidu
Inviting investments from private players in housing sector, government on Wednesday said they can play a key role in achieving the goal of 'housing for all' by 2022.
Sep 16, 2015, 14:14 PM IST
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.
Sep 08, 2015, 23:24 PM IST
Infra sector growth slows to 3-month low of 1.1% in July
Infrastructure sector growth slowed to 3-month low of 1.1 in July as output of crude oil, natural gas and steel contracted, making a case for a further rate cut by the Reserve Bank.
Aug 31, 2015, 19:24 PM IST
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.
Aug 07, 2015, 16:39 PM IST
IRB infra arm ties up Rs 1,400 cr for NHAI project
IRB Infrastructure Developers Ltd Tuesday said its subsidiary has tied up Rs 1,400 crore funds to execute a project awarded by National Highway Authority of India.
Jul 28, 2015, 14:30 PM IST
First-time home buyers? Avoid these places
Property consultant JLL India has advised home buyers to avoid certain locations, including Noida Extension, in Delhi-NCR real estate market due to delays in projects delivery, oversupply, speculation and lack of infrastructure.
Jul 22, 2015, 21:07 PM IST
Govt intervention key to sustain growth: India Ratings
India Ratings Monday retained its 7.7 percent growth forecast for this year but called for continuous government interventions to fill the deficits in physical and social infrastructure spaces for long-term higher growth.
Jul 13, 2015, 20:08 PM IST
Sinha pledges required capital support for public sector banks
The government on Wednesday said it's currently examining the funds requirement of public sector banks over the next 3 years and promised required capital support as part of a comprehensive package to strengthen them.
Jul 01, 2015, 12:01 PM IST
Rate cuts, structural reforms, infra push aiding growth: Sinha
The 75 basis points rate cut by the Reserve Bank since January will help boost growth along with structural reforms and thrust on infrastructure investments by the government, Union Minister of State for Finance Jayant Sinha said Thursday.
Jun 25, 2015, 21:48 PM IST
PM Modi concerned over passport delivery, delay in infra projects
Prime Minister Narendra Modi Wednesday voiced concern over inefficient delivery of passports as also the delay in vital infrastructure projects and directed the departments concerned to address these issues.
Jun 24, 2015, 21:21 PM IST
Brazil unveils $64 bn infrastructure plan to spur growth
Brazil announced a $64-billion infrastructure spending package on Tuesday, hoping to revive its flagging economy with investment in highways, railroads, ports and airports.
Jun 09, 2015, 21:09 PM IST
RBI allows banks to invests in infra bonds of other lenders
In a bid to boost infrastructure development, the Reserve Bank Monday allowed banks to invest in long term infra bonds of other lenders.
Jun 01, 2015, 22:16 PM IST
ADB to finance $6 billion in Pakistan infrastructure projects
The Asian Development Bank on Tuesday approved a $6 billion loan to help build up Pakistan`s dilapidated power network and other key infrastructure, Islamabad said.
May 12, 2015, 19:33 PM IST
IVRCL shares jump 9%; co bags Rs 3,624 cr project
Shares of infrastructure firm IVRCL Monday gained over 9 percent as the company bagged a project worth 2.196 billion Saudi Arabian riyal (approximately Rs 3,624 crore) to construct residential complexes in Saudi Arabia.
May 11, 2015, 22:13 PM IST
GMR Infrastructure promoters pledge 19.13% stake
GMR Infrastructure Tuesday said three of its promoters have pledged 19.13 percent stake in the firm in a series of transactions in the last week of April.
May 05, 2015, 23:16 PM IST
L&T Infra Finance to raise Rs 300 cr via debentures
L&T Infrastructure Finance Company Monday said it plans to raise Rs 300 crore through debentures.
May 04, 2015, 19:01 PM IST
IDFC Q4 net up 48.17% to Rs 382.21 cr
Infrastructure finance company IDFC Thursday reported a 48.17 percent jump in consolidated net profit at Rs 382.21 crore for the fourth quarter ended March 31, 2015.
Apr 30, 2015, 21:45 PM IST
12th Plan's Pvt Investment in Infra will not materialise: Govt
The erstwhile Planning Commission was targeting USD one trillion investment (about Rs 63 lakh crore at today's price) in infrastructure sector during the 12th Five Plan. But at that time the exchange rate was Rs 44 for a US dollar.
Apr 30, 2015, 19:03 PM IST
