Did you know that 26 million groundwater pumps are used for irrigation in India? Although there is a mix of electric, diesel and solar pumps (a current upsurge), the most popular pump is diesel.
Category: Uncategorized
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MP to invest Rs.3,000 crore to develop 27 industrial parks
The Madhya Pradesh government plans to develop 27 new industrial parks for sectors like textiles, infotech tourism, and food processing among others at an investment of Rs 3,000 crore in a phased manner over the next five years.
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Petrobras, ONGC strike gas in Brazil
Brazil´s state-run oil company Petroleo Brasileiro SA (Petrobras) discovered natural gas in a well being drilled to help measure the potential of a giant Brazilian offshore find.
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Still sailing
Inland water transport is an idea whose time has come. For too long it has been the step-child of planners and policy makers in the transport field.With the current government leaving the ghost of UPA II behind, the recent decision to implement ´Jal Marg Vikas´ by 2020 would enable movement of large cruise vessels through the year up to Allahabad.
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Renewed Focus
The new government has announced a number of measures for the growth of the renewable energy sector, which has already been growing at a healthy annual rate of around 22 per cent.
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Infra Gets A Leg-up
The Finance Minister emphasised on the need to revive growth in the manufacturing sector. While allocating Rs 10,000 crore for start-up MSMEs, the Government has shown its commitment for financing this sector as it accounts for a big chunk of industrial output and employment.
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Opportunities galore at bright Istanbul
Rapid pace of urbanisation has made Istanbul a land of opportunities for Siemens that is playing a key role in various growth sectors. Hopping across continents is a daily affair for the people of Istanbul, be it for work or leisure
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Clearing the logjam
India needs funds for its infrastructure projects, but banks are overexposed to this sector. Miguel Gutiérrez explores some remedies.
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IOC to raise $900 million overseas debt
Indian Oil Corporation will raise $1.65 billion debt in overseas market in the current financial year. The company will raise $900 million through external commercial borrowings to replace short-term costlier loan while another $750 million will be raised over the financial year, its Director Finance, PK Goyal said.
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Bucking the trend
The period 2013-14 was a time of consolidation for the infrastructure sector. With the markets looking up, many infrastructure stocks have also had a good run. But do the fundamentals justify the euphoria surrounding these scrips?