Infrastructure

Wednesday, Apr 17, 2024 | Last Update : 12:46 AM IST

Union Finance Minister Nirmala Sitharaman. (PTI Photo)

Rs 3 lakh crore collateral-free automatic loan for businesses, MSMEs: Sitharaman

To provide stressed MSMEs with equity support, the government will facilitate the provision of Rs. 20,000 crore as subordinate debt

13 May 2020 5:33 PM

An Indian stockbroker gestures as he watches the Bombay Stock Exchange (BSE) index on a trading terminal in Mumbai, on March 9, 2020. Global stock markets and oil prices plunged Monday after a squabble among crude producers jolted investors who already were on edge about the surging costs of a virus outbreak. India's Sensex retreated 6.2 per cent to 35,255.73. (AP)

The current global crisis is an opportunity for India

The crash in crude oil prices is a blessing for the country

10 Mar 2020 10:55 PM

‘Technology use can bolster NMR rides’

Twenty new locomotives are necessarily, needed, while 12 are in action, the rest be as spares.

11 Feb 2020 2:30 AM

The Union Budget 2020-21 implies a modest degree of slippage from previous targets to consolidate public finances, it said.

Fitch says Budget light on new structural reforms

Fitch projected that the government debt will remain close to 70 per cent of GDP throughout the period to 2021-22.

05 Feb 2020 12:06 PM

Union Minister for Road Transport and Highways Nitin Gadkari.

No dearth of money, plan to spend Rs 5 lakh cr on infra: Gadkari

In the last five years, NItin Gadkari have awarded contracts worth Rs 17 lakh crore.

20 Jan 2020 12:47 PM

In its report, the BCG has also said that the construction of Amaravati as a 'megacity' would require Rs 1 lakh crore to build its core infrastructure, a substantial portion of which will be needed to be funded by debt. (Photo: ANI)

Andhra: Boston Consulting Group suggests decentralized development of all regions

The BCG in its report has recommended dividing the government departments into 6 regions.

04 Jan 2020 1:01 PM

A set of officers are looking into the pipeline of projects that can be readied so that once the fund is ready, it could be front-loaded on these projects, Finance Minister Nirmala Sitharaman said at a business summit in Mumbai. (Photo: File)

Centre to invest Rs 100 lakh crore in new infra projects to boost economy

PM Narendra Modi has taken various measures since 2014 to boost economic growth, including cutting the corporate tax.

01 Dec 2019 3:32 PM

The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.

Core sector output shrinks 5.8 per cent in October

Output of eight core infrastructure industries had contracted by 5.1 per cent in September, the lowest in the decade.

29 Nov 2019 5:32 PM

India is on a steady path to becoming a five trillion dollar economy, with emphasis on ease of doing business as well as ease of living, said Union Minister Dharmendra Pradhan. (Photo: File)

Steel consumption in India set for quantum jump: Pradhan

Steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government policies.

06 Nov 2019 2:37 PM

During the April-September period, the growth of core industries fell to 1.3 per cent against 5.5 per cent in the year-ago period.

Core sector output shrinks by 5.2 per cent in September

The eight core sectors had expanded by 4.3 per cent in September 2018.

31 Oct 2019 5:30 PM

Oil minister Dharmendra Pradhan said energy is integral to achieving the target of early doubling the size of Indian economy to USD 5 trillion by 2024. (Photo: File)

USD 60 billion investment coming in gas infrastructure: Pradhan

Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil Minister.

13 Oct 2019 6:25 PM

Finance Minister Nirmala Sitharaman also said that the government's capital expenditure was on track and Budget estimates would be met. (Photo: File | ANI)

Govt looks to push infra spending, has cleared MSME dues: FM Sitharaman

Government should not sit on over due payments, Sitharaman said, adding the money should go to people who have been waiting for it.

27 Sep 2019 6:48 PM

Accoording to the policy, all EVs--two, three and four-wheelers, buses and light commercial vehicles, will be given 100 per cent Motor Vehicle Tax exemption till the end of the year 2022, the press release said. (Representational Image)

TN govt unveils electric vehicle policy with slew of sops

Tamil Nadu Electric Vehicle Policy 2019 has been prepared to promote manufacturing of electric vehicles, an official release said.

16 Sep 2019 8:04 PM

There wont be any personal interaction between the taxpayer and the tax officer. This step aims to eliminate corruption in the tax department, said Union minister Anurag Thakur. (Photo: File)

'Faceless tax assessment to eliminate corruption in tax dept': Anurag Thakur

Infrastructure investment of Rs 100 lakh crore will be needed for achieving USD 5 trillion GDP, said Union minister Anurag Thakur.

12 Sep 2019 5:54 PM

The task force will identify technically feasible and financially/ economically viable infrastructure projects that can be initiated in 2019-20. (Representional Image)

FinMin sets up task force to identify infra projects for Rs 100 lakh cr investment

The task force will draw up a 'National Infrastructure Pipeline' of Rs 100 lakh crore, the finance ministry said.

07 Sep 2019 2:05 PM

Housing finance companies would get up to Rs 30,000 crore with a view to revive the real estate sector.

Govt announces raft of measures to boost economy; more steps on anvil

The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.

24 Aug 2019 12:03 PM

FM Nirmala Sitharaman said the government's focus will be on setting up of infrastructure for development of ancillaries/components, including batteries for exports.

Govt unveils measures to support auto sector, boost demand

BS-IV vehicles purchased up to March 2020 will remain operational for entire period of registration, FM Nirmala Sitharaman said.

23 Aug 2019 8:17 PM

Finance Minister Nirmala Sitharaman had already held consultations with various stakeholders, including industry, banks, homebuyers, real estate players and capital market participants, to firm up steps that could be taken to deal with problems being faced by them. (Representational image)

FinMin mulls stress fund for infra sector: Housing Secretary Mishra

As my information, the discussion for stress fund is on in the Finance Ministry, said Housing Secretary Durga Shanker Mishra.

19 Aug 2019 6:55 PM

Modi says will invest Rs 100 lakh cr in infra, USD 5 trn economy target achievable

India was ranked 142nd among 190 nations when the Narendra Modi's government took office in 2014.

15 Aug 2019 9:27 AM

The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 7.8 per cent in June last year.

Eight core sectors growth slows down to 0.2 pc in June

During April-June, the eight sectors grew by 3.5 pc compared to 5.5 pc in the same period last year.

31 Jul 2019 6:07 PM

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