Latest News on Infrastructure Sector
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Infrastructure Sector - Total results - 10
Apr 11, 2019
BJP manifesto is like a good dream, easy to sell; but does the govt have the money to implement promises?The BJP manifesto promises a whole host of things (like the Congress manifesto) without really bothering to explain, where is the money to implement the promised things going to come from.
Apr 05, 2019
Govt close to meeting fiscal deficit target of 3.4%; some numbers are still to come, says SC GargThe government in the interim Budget in February revised upward the fiscal deficit target to 3.4 percent from 3.3 percent of GDP
Mar 21, 2019
At 10.8%, growth in infra credit is back to FY15 levels; economy is riding on the back of govt spendingIts not just infrastructure loans, overall lending to industry too has shown a reviving trend after staying in the negative for two consecutive years.
Jan 04, 2019
Investments in December quarter dive to more than a decade low on concerns of bad debt, 2019 general electionThe plunge in the investments is mainly attributed to concerns of rising bad debt and policy confusion ahead of the general elections in 2019.
Dec 02, 2018
SBI to auction three non-performing loan accounts on 13 December. seek recovery of dues worth Rs 2,110 croreSBI said the interested banks/asset reconstruction companies (ARCs)/non-banking financial companies (NBFCs) or financial institutions (FIs) can conduct due diligence of these assets with immediate effect, after submitting expression of interest and executing a non-disclosure agreement with the bank.
Nov 30, 2018
SBI Chairman Rajnish Kumar blames adverse policies for missing private capital in infrastructureThe SBI chief did not mention RBI in his speech nor did he name the policy changes which have hampered the private sector play in infrastructure.
Oct 31, 2018
India will need $4.5 trillion till 2040 for infrastructure development: Niti Aayog CEO Amitabh KantKant said that there is an urgent need to restructure entire existing public-private partnership (PPP) framework as there are delays in the completion of infrastructure projects due to disputes
Feb 28, 2018
Eight core infrastructure sector grows at 6.7% in January; cement, refinery output zoomThe eight core sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had grew by 4.2 percent in December and 7.4 percent in November this financial year.
Jun 02, 2017
GMR Group plans to offload road, power, airport assets to pare its Rs 20,000 cr debtThe group has already sold part of its power transmission business and lenders converted part of their debt into equity in two of GMR's power plants last year
Oct 30, 2015
India, Africa on same page for bolstering investment, opening up new marketsBoth sides have also agreed cooperating in the infrastructure areas, including maritime connectivity, road and railway construction