INFRASTRUCTURE

  • India needs to become competitive in infrastructure, tax policy: Arun Jaitley March 21, 2015

    Gurgaon: Advocating easing of entry barriers for global corporations, Finance Minister Arun Jaitley on Saturday said that India needs to become globally competitive from infrastructure to taxation. In his convocation address at the Management Development Institute (MDI) here he underlined the need for relaxing norms for...
  • Passenger vehicle sales would be seen up 6-8 per cent in fiscal 2016 March 11, 2015

    New Delhi: Faster growth and improved consumer sentiment should boost sales of passenger cars and utility vehicles in India by 6 to 8 per cent in the year starting in April, the country's auto industry body said on Tuesday. The improved sales outlook for utility vehicles, cars, buses and trucks comes...
  • 'Infrastructure is not sexy' - John Oliver talks about infrastructure maintenance March 3, 2015

    Like every episode of 'Last Week Tonight', in this episode too, we see John Oliver take a topic, dig out obscure statistics and mock the system. It is the best possible combination of humour and information.Infrastructure is something that is of such a level of importance that no one thinks...
  • Those opposing new Land Bill are against rural infrastructure: Arun Jaitley March 1, 2015

    New Delhi: Dismissing charges of new Land Bill of the BJP-led NDA government being "anti-farmer", Finance Minister Arun Jaitley on Saturday alleged those who are opposing it are against rural infrastructure creation. He said in fact it was the 2013 Land Bill that was "anti-farmer". "According to me, if there is anything...
  • Budget focuses on road network on borders with China, Pakistan February 28, 2015

    New Delhi: NDA government has in its infrastructure development initiatives focused on connecting with all weather roads along borders with nearly 100 per cent increase in allocation for construction of roads along Sino-India and Indo-Pak boundaries. Keeping in mind the facilitation of troops along the 4,056-km Sino-India border stretching from 'Karakoram...
  • Budget 2015: Jaitley announces several new schemes to boost economy, create jobs February 28, 2015

    New Delhi: The Union Finance Minister Arun Jaitley has announced several new schemes and initiatives. In his very exhaustive Budget speech, Jaitley mentioned many new projects to boost the economy and create new jobs. Here's a list of Arun Jaitley's new initiatives: - IIMs in J&K and Andhra Pradesh - AIIMS in Punjab...
  • Budget Yatra: Youth should be provided with infrastructure, says experts February 27, 2015

    Ahead of Union Budget experts feel that the budget should be a platform to provide infrastructure to the youth. ...
  • Union Budget 2015 should focus on manufacturing: Experts February 27, 2015

    "Union Budget 2015 should focus on manufacturing and should spend money on infrastructure. The Budget must stick to the Fiscal Deficit target," say experts. ...
  • Mumbai locals await infrastructural upgrade in overcrowded suburban railway network February 25, 2015

    12 people are said to die everyday on Mumbai's suburban railway network which is severely overloaded. With no upgrade in infrastructure, rampant corruption, it is to be seen what can Railway Minister Suresh Prabhu can do to improve the situation. ...
  • 'If I were FM, I would allocate more budget for sports' February 21, 2015

    Karishma Asoodani, a second year student of mass communication in St Fransis college in Hyderabad, wants steps to be taken to improve sports facilities. She feels that schools and colleges do not have amenities and facilities to encourage students in sports. Karishma says, "I would allocate more budget in education,...
  • Railway finances in 'deep trouble': Suresh Prabhu January 17, 2015

    New Delhi: Railway finances are in "deep trouble", according to Railway Minister Suresh Prabhu who observed that the government behemoth has been caught in a "vicious circle" of poor investments compromising its services. Pitching for increased investment into the Railways, he said the Pension Fund could be one of the possible...
  • Why 2015 will be defining year for India January 16, 2015

    New Delhi: If there were an annual prize for the "World's Most Hopeful Economy," it would likely go to India. After years of disappointing returns, the world's largest democracy rediscovered vigor in 2014. Stocks rose by a third; foreign investment grew by a quarter; the economy at one stage expanded...
  • PM Modi woos investors at Vibrant Gujarat summit, says India offers demand, democracy, demography January 11, 2015

    Gandhinagar: Prime Minister Narendra Modi on Sunday wooed investors from across the world by presenting his government as business-friendly and portraying India as the idle place for an investment. He said, "India offers you 3Ds - democracy, demography and demand and it will not be found anywhere else in the...
  • Mumbai Metro launches online top-up facility for commuters December 25, 2014

    Mumbai: Mumbai Metro One has launched an online top-up facility for smart cards whereby commuters can recharge their cards through internet-enabled mobile phones and computers. "The company has launched the top-up facility of CSC and the online recharge services will be available to smart card...
  • Karnataka government to develop infrastructure to boost tourism December 25, 2014

    Bengaluru: The Karnataka government is setting up a special purpose vehicle (SPV) to develop infrastructure at tourist destinations across the state under the public-private partnership (PPP), a senior official said on Wednesday. "The state cabinet on Tuesday approved the proposal of the tourism department to set up the SPV for tourism...
  • Railway fares likely to go up early next year December 14, 2014

    New Delhi: The next Rail Budget to be presented early next year could contain a proposal for raising fares to pass on the burden of rising power cost to passengers. The fuel adjustment component-linked tariff revision due in December will be effected in the Rail Budget in February and there...
  • RBI eases rules for low-cost home loans November 27, 2014

    Mumbai: The Reserve Bank of India (RBI) has eased norms to fund low-cost housing by permitting banks to extend loans against long-term infrastructure bonds. The RBI however barred lenders from providing loans against long-term infrastructure bonds issued by other banks. "Further, such loans should be subject to a ceiling, say, 10 lakh...
  • Jharkhand Assembly elections: We expect better infrastructure in Ranchi, say IIM students November 20, 2014

    Ranchi: Ahead of the Jharkhand Assembly elections, CNN-IBN spoke to some IIM students who voiced the need for a change and talked about the problems prevalent in Ranchi. An IIM Ranchi student lamented the lack of infrastructure in the Jharkhand capital. "When I came to Ranchi, the infrastructure was not like...
  • Delhi Metro is among six Indian projects in World Report in Infrastructure November 17, 2014

    New Delhi: Delhi Metro is one of the six Indian projects to feature in the prestigious 'Infrastructure 100: World Markets Report' compiled by the reputed international accounting firm KPMG. In this year's Infrastructure 100, a global panel of independent industry experts has identified 100 of the "world's most inspirational and innovative...
  • Xi Jinping calls for accelerated efforts to construct Silk Road Belt November 6, 2014

    Beijing: Buoyed by the successful launch of Asian Infrastructure Investment Bank in which India along with 20 other countries joined, Chinese President Xi Jinping called for accelerating efforts to construct Silk Road Economic Belt, saying that the two are complementary. "China will accelerate the construction of the Silk Road Economic...
  • Japan offers to assist India on Intelligent Transport System October 30, 2014

    New Delhi: Japan has offered to assist India in developing Intelligent Transport Systems (ITS) in urban areas of the country. The two countries identified new areas of cooperation in urban development sector at the end of a day-long meeting of India-Japan Joint Working Group, that concluded late. Japan's Ministry of...
  • Mumbai has been neglected enough, we want change now: HDFC chairman October 15, 2014

    HDFC chairman Deepak Parekh said that Mumbai had been neglected for many years and it was high time for change. "Infrastructure, transport, poor housing, increase in slums, governance are the biggest issues in Maharashtra," said Parekh. ...
  • Jammu and Kashmir floods: Army hospital saving lives as health infrastructure crumbles September 20, 2014

    Srinagar: At a time when almost the entire healthcare infrastructure in Srinagar city has been rendered ineffective by the devastating floods, the Army's 92 Base Hospital has saved the lives of more than 300 people including 35 newborns. The army doctors without caring about their own houses and families affected by...
  • Infrastructure, construction sector growth may remain stressed in FY15 September 16, 2014

    Mumbai: Growth of infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may constrain the ability of some corporates to access credit, India Ratings and Research, a Fitch Group company, said in a report on Tuesday. Sectors such an...
  • Infrastructure damage in J&K floods could touch Rs 6,000 crore: State government September 14, 2014

    Srinagar: Jammu and Kashmir has suffered massive damage to its public infrastructure due to the worst floods it has faced in more than a century and officials say that the state would need at least Rs 5,000 crore to rebuild the same. Even a conservative estimate of the damage to public...
  • Narendra Modi to review performance of infrastructure sector this week September 7, 2014

    New Delhi: Prime Minister Narendra Modi will hold a meeting on Wednesday to review the performance of key infrastructure sectors, including coal and power. "Prime Minister will hold meeting on September 10 to review the progress in achieving the target for key infrastructure sectors like coal and power," said a source. The...
  • IndoJapan ties scale new heights as Modi, Abe sign key agreements on bullet trains, Varanasi revamp September 1, 2014

    Tokyo: Japan and India, Asia's second and third largest economies signed five major agreements during Prime Minister Narendra Modi's visit to the east Asian nation. A deal on bringing Japan's high speed bullet trains to India signed between the 'two most important democracies of the world' remained one of the...
  • After Digital India & Jan Dhan, govt to focus on rural infrastructure August 31, 2014

    New Delhi: After launching schemes to boost financial inclusion and reduce digital divide, the government is all set to begin work on developing rural infrastructure in the country in a bid to spur growth and perk up investments. The government is making a "realistic assessment" of how many rural infrastructure projects...
  • British government planning on an enormous investment in India, says UK Deputy PM Nick Clegg August 27, 2014

    New Delhi: British Deputy Prime Minister Nick Clegg has hinted that the UK government is planning on making an enormous investment in India, especially in the areas of infrastructure and defence. In an exclusive interview to Network18, Clegg, who is in India for a 3day trade mission, has also...
  • Chavan, Modi in war of words over Maharashtra infrastructure August 16, 2014

    Solapur: Prime Minister Narendra Modi on Saturday inaugurated the PuneSolapur National Highway in Maharashtra. Modi also took the opportunity to attack Chief Minister Prithviraj Chavan, who had earlier in the day, taken a snipe at the PM, saying that Maharashtra was the number one state in manufacturing and Special Economic...