Infrastructure
In a proposal to ease the increasing traffic congestion on Delhi roads, the Delhi government has plans underway to widen a number of single-carriageway flyovers and convert them into two-carriageway flyovers. The proposal for the widening of single-carriageway flyovers into two-carriageway flyovers includes the flyovers at Moti Nagar and Punjabi Bagh – both of which [...] Continue Reading »
No longer is the Indian real estate sector an unorganised one, thanks to the investments from foreign players and Indian corporate houses. Rapid urbanisation, increasing levels of income and opening up of the sector to FDI have resulted in phenomenal growth of the Indian market. The multiplier effect of the real estate sector is what [...] Continue Reading »
In a recently-released report, rating agency CARE Ratings has revealed that the improved price of cement will likely bring about a notable improvement in the profitability of domestic cement manufacturers in the current fiscal year, owing to higher realisation. CARE said in its report that despite the fact that “monsoon impact” may cause a partial [...] Continue Reading »
The new CEO’s are looking happy with the announcement in this year’s union Budget while they plan to make an increment in their investments. The survey conducted by industry chamber FCCI, revealed the aforesaid last week. The union budget is thus being taken very positively in the industrial sector. The survey said that the CEO’s [...] Continue Reading »
The recently launched ICT Academy of Kerala (ICTAK) is looking for appropriate space in Technopark to set up its facility. ICTAK has been launched chiefly with the objective of equipping gradates with the requisite skills and knowledge to meet the requirements of the IT/ITeS industry. With regard to the space being scouted by ICTAK in [...] Continue Reading »
The Union Budget of 2014 maintained the government’s commitment to fiscal consolidation by sticking to a fiscal deficit target of 4.1 percent of the gross domestic product or GDP. The current year’s target does not only express the commitment to fiscal prudence but also shows the road map to reach the fiscal deficit of 3 [...] Continue Reading »
Presenting the Budget 2014-15 on Thursday, Union Finance Minister Arun Jaitley announced a number of steps which will fast-track infrastructure projects being developed via public-private partnership (PPP) process. Giving infrastructure in PPP a notable push in the Budget, Jaitley drew attention to the fact that PPP has effectively delivered iconic infrastructure – including highways, ports [...] Continue Reading »
It is a very good news for the job seekers as nearly 1,800 new companies were set up in India in May. Most of them were set up in Uttar Pradesh and kudos to the ministry led by Akhilesh Yadav for this positive move. However the figure is way lower than 10,546 new companies that [...] Continue Reading »
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 »
In an announcement made in Chandigarh on June 25, Krishan Pal Gurjar – Minister of State for Surface Transport, Highways and Shipping – said that the new Central government has plans underway to fast-track the construction work on five major road projects in Punjab and Haryana. The five projects to be put on fast track [...] Continue Reading »
