Amid the Reserve Bank of India's (RBI) tightening norms, overseas investment by Indian companies declined sharply to $1.94 billion in August. The RBI has clamped norms for outbound investments by the domestic firms to contain rupee slide. A month ago in July, the Indian firms had invested $ 3.24 billion in their various entities overseas.
Tag: August
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Paradip port handles 21% more cargo in Aug
During the last August, Paradip Port Trust (PPT) handled 5.91 million tonne (mt) cargo of imports and exports, compared with 4.88 mt handled in the same month last year, registering a growth of 21.07 per cent. The August figure is also 13.29 per cent higher than the target fixed for the month. During the month, 2.42 mt cargo was exported and 3.49 mt was imported through the port.
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SPML Infra secures new orders worth Rs. 1802.10 crores
SPML Infra Ltd., India's leading infrastructure development company has won new orders worth Rs. 1802.10 Crores from South Bihar Power Distribution Company Ltd. (SBPDCL), Bihar and Public Health Engineering Department (PHED) of Rajasthan.
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Going global means balancing your markets
Trade to Western Europe has come down drastically and increased substantially to the US, Africa and Asia, says David Rasquinha, Executive Director, Exim Bank.
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Urban transport: Curbing mobility
As urban commute continues to be more nightmarish with each passing day, the factors are too obvious, but what can our newer cities learn from the chaos that bad planning has wrought upon India's largest cities? Instead of reducing distances and commuters, attempts have been on increasing them.
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We are decades behind in employing mixed land use
We should have the backup city plan where we can really bring everything close to public transport. Samir Sharma, Associate Vice President, Transport Planning Group, Delhi Integrated Multi-Modal Transit System (DIMTS),
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Lessons from JNNURM
By its very definition, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), launched seven years ago, vowed to rejuvenate our cities. In the process, funds were allocated segment-wise-water supply, transport augmentation, facilities for the poor,
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What lies beneath…
Indian tunnelling has gained sufficient experience in tunnelling, and as new infrastructure projects in rail, metro rail, water and hydro electric projects promise momentum underground, technology and management will be critical,
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Tunnelling: The big bore
Compared with other countries like China, India has just taken baby steps. But as cities burst at the seams, more hydro projects are sanctioned in the north east and challenging rail projects are underway,
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Sometimes, it’s good for India Inc to be India Outbound
Vietnam is the latest entrant in the PPP marketplace, thanks largely to World Bank's guidance. Kamran M Khan, Programme Director at Global Infrastructure Finance Centre of Excellence at World Bank-Singapore Urban Hub,