Chinese firms are looking to invest in India´s infrastructure projects, a senior government official said.
Category: ECONOMY & POLICY
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Institutional Framework for Sagarmala Project
As per the approved institutional framework of Sagarmala Programme, National Sagarmala Apex Committee (NSAC)
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550-acre proj to redevelop area around Delhi´s CP
New Delhi City Centre (NDCC) is a 550-acre ´area-based development project´ under which the area around Connaught Place
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Expertise Aplenty
IDFC Bank´s Board announced the appointment of Rajan Anandan, Vice-President and Managing Director of Google South East Asia and India, as Independent Director of the Bank.
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Extensive Experience
ABB India Ltd has appointed Sanjeev Sharma as Managing Director with effect from January 1, 2016, to continue the path of next level of growth across utilities, industries and infrastructure in the country.
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Opportunities Galore
The Pradhan Mantri Awas Yojana (PMAY) or Housing for All by 2022, launched on the 25th of June 2015, is a highly ambitious programme. As the name suggests, the programme aims to provide a house to every Indian by 2022, i.e., in the next seven years.
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SunEdison sells 425-MW projs for $231 mn
SunEdison Inc and TerraForm Global Inc have entered into an agreement for the former to sell the latter a series of projects located in India for $231 million. The projects have a generating capacity of 425 megawatts (MW).
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Govt eases bilateral aid norms to spur investments
In a decision whose significance will play out over time, the Modi government made it easier for India to accept bilateral aid from foreign countries, hoping it would attract investment in infrastructure and boost the ´Make in India´ project. India will now accept assistance from countries other than the five on the official list
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Incentives given to exporters to help boost shipments: Nirmala
A host of incentives including extension of 3 per cent interest subsidy will help in boosting exports, which are in negative zone since December last year, Commerce and Industry Minister Nirmala Sitharaman said.
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FM Arun Jaitley asks PSU banks to remove NPA blotch
Finance Minister Arun Jaitley has asked state-run banks to clean-up their balance sheets of non-performing assets, saying the government was willing to take the necessary policy corrective measures to help them.