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infrastructure sector
INFRASTRUCTURE SECTOR NEWS
Key infra sector growth slows down to 4-month low of 8.1 pc in September
October 31, 2023 6:54 pm
The growth rate in the output of refinery products, fertiliser, cement and electricity during the month under review has decelerated, while it was negative in the case of crude oil.
Key infrastructure sectors grow 8 per cent in July
September 01, 2023 1:13 am
The output growth of the eight sectors was also lower in April-July of FY24 (6.4 per cent) when compared with the year-ago period (11.5 per cent).
We consider infra as driving force of economy: PM
March 05, 2023 7:07 am
“Infrastructure development is the driving force of the country's economy...Now we have to improve our speed and move in top gear,” he said.
Infra sector credit growth of banks slows sharply in Jan ’23
March 05, 2023 6:17 am
Growth in outstanding bank credit to the road sector also declined to 8.7 per cent at Rs 2.84 lakh crore from 25.9 per cent growth (Rs 2.61 lakh crore) a year ago, RBI data shows.
Insurers’ entry in surety bond biz for infra projects proposed
October 20, 2020 12:40 am
In 2016, the Department of Financial Services had written to Irdai to explore the possibility of introducing surety bonds in favour of the Central Board of Indirect Taxes and Customs (CBIC) to facilitate trade by substituting bank guarantees.
Private investment still a concern, IL&FS issue could worsen situation: Vipin Sondhi, MD and CEO of JCB India
October 01, 2018 2:11 am
Vipin Sondhi, MD and CEO of JCB India said that while private investment has stayed away despite public spending, the IL&FS issue can potentially delay it further.
Eight infrastructure sectors post 4.7 per cent growth in April
June 01, 2018 1:34 am
Coal, natural gas, refinery products and cement grew by 16 per cent, 7 .4 per cent, 2.7 per cent, and 16 .6 per cent in April this year, respectively.
2016 expectations: Pharma, infrastructure to pick up pace
January 15, 2016 1:28 am
As per a prominent investor, the market has seen a correction in 2015 and is expected to gain in 2016.
FM Arun Jaitley meets investors to clear confusion over Land Bill
October 22, 2015 12:58 am
The finance minister interpreted the Land bill, 2013 for the investors who have not started putting money into the markets over the confusion arising out of the government’s retreat on the NDA’s Land Bill.
Sectors under stress: Ambition high, but funds fall short
September 16, 2015 8:53 am
While stalled projects have added to the woes of infrastructure sector, the decline in the financial health of corporate houses executing these projects has further weakened their ability to borrow more from banks.
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