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Budget 2014

Rail Budget 2014-15 lists some technological solutions for ‘safety’

Rail Budget 2014-15 lists some technological solutions for ‘safety’
With ‘safety’ being one of the major concerns for the Indian Railways, the latest Rail Budget 2014-15 has enlisted some technological solutions for dealing with the issue. The safety-related technological solutions put forth in the latest rail Budget were recently announced by Railway Minister Sadananda Gowda. Acknowledging the fact that “safety of passengers is of [...] Continue Reading »

The real estate sector puts forth its pre-budget demands

The real estate sector puts forth its pre-budget demands
The forthcoming Indian Budget 2014 to be presented by the Finance Minister Arun Jaitley has a lot of expectations from all the strata of the society. The realty sector is a critical sector of our economy and it has been struggling under high mounting debts and lowered demand. Since it has a multiplier effect on [...] Continue Reading »

Mumbai-Ahmedabad bullet train likely to get a push in 2014 Railway Budget

Mumbai-Ahmedabad bullet train likely to get a push in 2014 Railway Budget
Railway officials in Mumbai are hopeful that Prime Minister Narendra Modi’s new government will give a push to the first Mumbai-Ahmedabad high-speed train proposal in the 2014 Railway Budget — the first rail budget of the Modi government. The projections voiced by the Mumbai Railway officials about an expected push to the Mumbai-Ahmedabad bullet train [...] Continue Reading »

Realty Sector Expects relaxation from Budget 2014

Realty Sector Expects relaxation from Budget 2014
After the new government was formed at the centre, the real estate stakeholders had high hopes about the changes the government will implement in their favour. With the first Union Budget being presented by the new Government on July 10th, a lot of expectations are in the air. Real estate players are expecting clarity on [...] Continue Reading »

Infrastructure boost in the North-eastern states: Key point for the budget

Infrastructure boost in the North-eastern states: Key point for the budget
There are many tasks in front of the BJP government which were left in a mess by the previous government and they have to fix it now. Fixing the central treasury is one of them. The government’s fiscal consolidation moves have to be very tactful to avoid any adverse effect to any of the stakeholders. [...] Continue Reading »

Charge of the REITs- Budget 2014 promises

Charge of the REITs- Budget 2014 promises
Units are offered to the public by the Real Estate Investment Trust (REIT), which means REITs in retrospect would be catalysts that help raise funds from sources such as investors. It would be these investors or angels that would bring about real estate promising to dole out funds and the same would then be distributed [...] Continue Reading »

Housing for all by 2022 : Naidu

Housing for all by 2022 : Naidu
BJP’s manifesto clearly charted out the housing for all agenda by 2022. Urban Development and Housing Minister Venkaiah Naidu mentioned in New Delhi that this is a top priority of the government, which is exploring all financial models, to go ahead with the ambitious scheme. Modi has invited the states and Union Territories ministers to [...] Continue Reading »

Change in investor preferences post Modi-government ascent

Change in investor preferences post Modi-government ascent
In a change in market sentiment post the Modi-government’s coming to power, investors are preferring to go for real estate, compared to stocks and gold, according to a survey. This is a significant departure from investor sentiments during earlier regimes. 67 percent of respondents in the survey were keen on investing in real estate, compared [...] Continue Reading »

L&T exceeds FY14 earnings estimates; sets healthy targets for FY15

L&T exceeds FY14 earnings estimates; sets healthy targets for FY15
In its recently-released financial report for FY 14, bigwig engineering firm Larsen & Toubro (L&T) has posted earnings figures which have surpassed estimates; and has also set healthy growth targets for FY15. The healthy growth targets which L&T has set for 2014-15 underscore an optimistic outlook projected by the company because of the hope that [...] Continue Reading »

40 percent of 2013-14 budget used- MMRDA to answer

40 percent of 2013-14 budget used- MMRDA to answer
Mumbai is on a roll and with many big-ticket transport infrastructure projects almost complete, the landscape and skyline of the city is yet to change once again. There are in the pipe-line, many new infrastructural and road transportation projects to come up, which would speed up the movement and mobility of the city, however, the [...] Continue Reading »



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