Infrastructure

Infrastructure development a national priority: Sinha

Sinha said what the world has learnt in the last few years was reverse public-private-partnership

Apr 25, 2015, 20:59 PM IST

RBI chief says banks too exposed to infrastructure

The Reserve Bank of India (RBI) chief said on Thursday the country`s push to build infrastructure should not come at the expense of financial stability, adding banks already had too much exposure to the sector.

Apr 02, 2015, 14:59 PM IST

FM Jaitley promises to step up public funding to boost infrastructure

Finance Minister Arun Jaitley also pitched for a low interest rate regime and defended the land acquisition bill saying it would benefit the rural India by promoting industrial activity in non-urban centres.

Mar 25, 2015, 18:47 PM IST

Vertex offloads 14.4% stake in GVK Power to promoter entities

GVK Power and Infrastructure Ltd today said Vertex Projects Ltd, part of promoter group, has offloaded 14.44 percent share in the company to other promoter entities.

Mar 23, 2015, 19:21 PM IST

224 infra projects see cost overruns of Rs 2.11 lakh crore

Delay in implementation of 224 central sector infrastructure projects resulted in cost overruns to the tune of Rs 2.11 lakh crore, government said today while assuring that efforts were on to ensure their timely completion.

Mar 18, 2015, 16:47 PM IST

IRB Infra ties up finance of Rs 1,756 cr to fund road project

IRB Infrastructure Developers on Tuesday said it has tied up finances of Rs 1,756 crore to fund a project with a total cost of Rs 3,177 crore.

Mar 17, 2015, 17:49 PM IST

Qatar $200-bln spending spree on track despite oil price drop

Qatar will stick to its USD 200-billion (190 billion-euro) infrastructure spending splurge, the energy-rich Gulf state`s premier vowed on Sunday, despite the fall in global oil prices.

Mar 15, 2015, 22:07 PM IST

India in pacts to develop infrastructure in Mauritius, Seychelles

Prime Minister Narendra Modi has secured agreements to develop islands in Mauritius and Seychelles in an early success for his drive to wrest back influence in the Indian Ocean from China.

Mar 12, 2015, 17:27 PM IST

States should use additional funds for infrastructure: PM Modi

Prime Minister Narendra Modi on Wednesday suggested that additional funds and resources at the disposal of states should be directed primarily towards nation building, an official release here said.

Mar 04, 2015, 20:32 PM IST

India needs sustained GDP growth of 9-10 percent, says Arun Jaitley

India`s economy needs to reach an annual growth rate of 9 percent to 10 percent and then sustain that activity "many, many more years than 10 years" in order to improve infrastructure and bring down rampant poverty, Finance Minister Arun Jaitley said on Monday.

Mar 03, 2015, 04:54 AM IST

Govt to raise funds via infra bonds for railways, roads

The government has proposed to raise funds for railways, roads and irrigation sectors by issuing tax-free infrastructure bonds.

Feb 28, 2015, 22:41 PM IST

Those opposing new Land Bill are against rural infra: FM

Dismissing charges of new Land Bill of the BJP-led NDA government being "anti-farmer", Finance Minister Arun Jaitley Saturday alleged those who are opposing it are against rural infrastructure creation.

Feb 28, 2015, 21:29 PM IST

Investment in infrastructure to go up by Rs 70,000 cr, separate Fund to be set up

Finance Minister Arun Jaitley has proposed an increase in investment in infrastructure by Rs 70,000 crore in the year 2015-16 over the year 2014-15 from the Centre’s funds and resources of CPSEs.

Feb 28, 2015, 16:45 PM IST

India to unveil budget under pressure to deliver reforms

Prime Minister Narendra Modi`s right-wing government will unveil its first full budget on Saturday, a day after announcing the time was ripe for long-awaited reforms to kickstart the economy.

Feb 28, 2015, 04:21 AM IST

Steel demand in India to grow in single digit: Moody's

Steel demand in India will grow in single digit in 2015 buoyed by government's infrastructure spending, rating agency Moody's Investor Services said Wednesday.

Feb 25, 2015, 19:23 PM IST

Rising US dollar strengthening real estate market in Dubai

Rising US dollar combined with world class infrastructure and high quality of life are strengthening real estate market in Dubai which is competing with other global cities such as Paris and London, according to a report.

Feb 24, 2015, 13:52 PM IST

Coal India to spend Rs 12,000 crore in FY16 for capex, infra

State-owned Coal India (CIL) on Friday said it is gearing up to invest about Rs 6,000 crore towards capital expenditure in the next fiscal and an equal amount on augmenting other infrastructure, including rail connectivity.

Feb 20, 2015, 23:20 PM IST

Odisha budget focuses on infra, education and farming

The Odisha government today presented Rs 84,487.77-crore budget for 2015-16 that focuses on infrastructure, education and agriculture.

Feb 16, 2015, 21:34 PM IST

GVK Power's Q3 Net loss at Rs 209.12 crore

GVK Power and Infrastructure Ltd Friday said its consolidated net loss for the quarter to December widened to Rs 209.12 crore, hit by fuel supply issues and higher interest costs.

Feb 13, 2015, 21:04 PM IST

No unfair effort will be made by govt to collect taxes: FM

Ahead of the Budget, Finance Minister Arun Jaitley on Friday hinted at more spending cuts and rationalising expenditure.

Feb 06, 2015, 11:08 AM IST