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Infrastructure sector News

31 Jan 2022

Budget 2022: What are Infrastructure sector experts expecting from this year's Budget?

The union budget 2022-23 is just round the corner. Let's hear what the experts from the Infrastructure industry have to say about it

21 Jan 2022

Budget Growth Booster: What will the budget of 2022 hold for the infrastructure sector?

What will the budget of 2022 hold for the infrastructure sector and what are the expectations of those in this sector?

India manufacturing

18 Jun 2019

Manufacturing, Infra to add 58,200 jobs in Apr-Sept FY20

According to TeamLease Services biannual 'Employment Outlook' report for April-September FY20, these industries will witness a 2 percent increase in net employment.

06 Apr 2017

RBI permits banks to invest in REITs and InvITs

The Reserve Bank on Thursday allowed banks to invest in Real Estate Investment Trust (REITs) and Infrastructure Investment Trusts (InvITs), a move that will help revive the cash-starved infrastructure sector.

infrastructure sector

30 Nov 2016

Infra sector growth jumps to 6-month high of 6.6% in October

Infrastructure sector recorded a growth rate of 6.6 percent in October -- the highest in last six months -- on the back of impressive performance by steel and refinery products.

Cabinet Committee on Economic Affairs

24 Aug 2016

Govt gives green signal to nine rail infrastructure projects worth Rs 24,000 cr

The CCEA chaired by Prime Minister Narendra Modi have given green signal the massive line expansion programme that involves track construction of a total length of 1937.38 km at an estimated cost of Rs 24,374.86 crore.

infrastructure sector

18 Nov 2015

Govt to compensate infra developers for project delays

The government on Wednesday unveiled two key policy initiatives to revive the infrastructure sector, which include compensating developers in case of delays in highway projects and empowering the ministry concerned to okay projects with civil construction cost of up to Rs 1,000 crore.

Finance Ministry

23 Oct 2015

Govt to discuss infra bottlenecks, PPP with stakeholders on Monday

The Finance Ministry has called a meeting on Monday to discuss with stakeholders various regulatory and financing issues facing the infrastructure sector in the country.

Infra sector growth

31 Aug 2015

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.

cogency approach

24 Jul 2015

Govt formulating Regulatory Reform Law

To bring in a cogency of approach across various sectors in infrastructure, the government is formulating a Regulatory Reform Law, Parliament was informed on Friday.

15 May 2015

Gammon India Jan-Mar quarter net loss at Rs 74 crore

Shares of the company closed at Rs 19.90 apiece on BSE, up 0.51% from previous close.

17 Apr 2015

Finance Ministry to meet PSU banks on Apr 28 to review stalled projects

Concerned over rising bad loans in the infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks on April 28 to chalk out a roadmap for clearing bottlenecks that hamper implementation of large projects.

06 Apr 2015

JLL India to provide consultancy services in infra sector

Property consultant JLL India on Monday said it has formed a separate vertical to provide services to the infrastructure sector.

Government amendments

31 Mar 2015

Govt amends norms for financial support to PPP in infra

Government on Tuesday approved amendments to the Public Private Partnerships (PPP) guidelines to enhance financial support to projects in infrastructure sector.

infrastructure sector

17 Feb 2015

Brokers' body suggests dedicated fund for infrastructure projects

In order to help mobilise money from the capital market for infrastructure sector, brokers' grouping ANMI has said the government should set up a dedicated fund for such projects and provide tax incentives on investments.

09 Feb 2015

Quickly resolve issues to speed up pace of infra projects: PM Modi

The meeting was told that no power plant today faces shortage of coal as issues regarding the fuel supply to the plants have been resolved.

public spending

19 Jan 2015

Govt to boost public spending on infrastructure: FM

The government estimates the country needs to spend $800 billion on infrastructure to grow 7 percent per annum.

04 Dec 2014

295 infra projects delayed; cost overrun at over Rs 1 lakh cr

As many as 295 infrastructure sector projects worth Rs 150 crore or more are delayed with total cost overrun of Rs 1,01,436 crore, Parliament was informed Thursday.

21 Aug 2014

Narendra Modi to review performance of infrastructure sector next month

Prime Minister Narendra Modi will review the performance of key infrastructure sectors, including coal and power, in achieving targets at a meeting early next month.

11 Aug 2014

June factory output rises for third consecutive month, inflation still high

Factory output in June likely rose 5.4 percent from a year earlier, faster than the 4.7 percent growth in May, according to a poll of 27 economists.

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