Construction Sector

Coronavirus Outbreak: Pandemic to hit investments up to 30% in construction-related projects, says KPMG

Construction-related GVA and employment are expected to reduce between 15 to 34% and 11 to 25% respectively when compared to pre-crisis projections for FY21, it said on Friday.

Sell unsold units at 'no-profit-no-loss' to save interest, boost liquidity: Nitin Gadkari to real estate developers

Union Minister Nitin Gadkari on Wednesday exhorted real estate players to sell unsold housing units, even at no-profit-no-loss, to boost their liquidity condition and save interest cost on loans

GDP falls to 5%: April-June data comes as a shocker; it is time govt bid adieu to fiscal deficit obsession

Looking closely at the GDP figures, the big disappointment is the manufacturing sector

Lok Sabha Speaker Om Birla calls for strengthening real estate sector to spur economic growth

Lok Sabha Speaker Om Birla on Monday asked real estate developers to deliver apartments to homebuyers on time without compromising on the quality, while stressing on the need to strengthen the sector for faster economic growth and employment generation

GDP growth rate is disappointing; RBI can lower rates further, but it is unlikely to push investment

When the growth numbers for 2016-17 and 2017-18 were scaled up under difficult times like demonetisation and GST, it was hard to reconcile the numbers with the underlying conditions in the market.

Construction segment stable due to strong orders, infra pipeline; land acquisition delays pose risk to transportation sector: Report

In the railways segment, the station redevelopment and the recently announced bullet train project is expected to provide significant opportunities to the construction companies, the agency said.

Positive growth in steel sector, trend to continue with improving economic activities across the world: Tata Steel

Tata Steel Ltd CEO and Managing Director TV Narendran hailed the initiatives taken by the state and the Union government for the betterment of the steel sector

Narendra Modi govt needs targeted policy actions to address unemployment problem: India Rating’s Devendra Pant

Lack of jobs has been a worrying factor for Narendra Modi government since it took over at the Centre in May, 2014

Racold to tie up with Flipkart, expand to tier II and III towns to offset disruptions in construction sector

On its tie-up with Flipkart, official says details being worked out and shortly, Racold products will be available on e-commerce site

Budget advancement has boosted govt capex by 58% but effect stays subdued on weak private investment

Unless the corporates get the confidence to invest more, do not expect a major revival on the ground