Within the construction equipment industry, innovation is the crucial cornerstone Significance of construction equipment (CE) cannot be overstated, as it drives efficiency, precision, and safety across projects of all magnitudes. Within the construction equipment industry, innovation is the crucial cornerstone for tackling evolving challenges and achieving sustainability objectives, says Shalabh Chaturvedi, Managing Director – India &...
Challenges such as limited connectivity and infrastructure hinder its development in NER The North-Eastern Region (NER) of India has great economic potential. It has large deposits of oil, natural gas, coal, and limestone, and a sizable proportion of land under cultivation for agro-horticulture products, tea, bamboo, and rubber. The region shares its border with the...
The Macroeconomic and Monetary Developments 2014-15 update is released by Reserve Bank of India along with its first bi-monthly monetary policy statement for 2014-15. As per the macroeconomic update, the industrial growth is stagnating. The Index of Industrial Production (IIP) showed no increase during April-January 2013-14, compared with 1.0 per cent growth in the corresponding period of the previous year. This stagnation in growth over two years reflects subdued investment and consumption dema
The Nikhil Gandhi-promoted Gujarat Pipavav Port on October 22 reported an over five-fold growth in post tax profit at Rs 44.1 crore for the third quarter ended September 30. The company had recorded a net profit of Rs 8.2 crore in the corresponding July-September period last year.
In the first six months of the current financial year, Paradip Port Trust (PPT) has handled 34.12 million tonne of cargo. The handled cargo output is more from 25.63 million tonne in the corresponding period of the previous year, registering a growth of 33.13 per cent.
Corporate investments, which stood at Rs 263,400 crore in 2012-13, may fall in the current financial year, Reserve Bank of India (RBI) said in its monthly bulletin for September. The capital expenditure intentions of the companies in private and joint business sectors were captured in the repo
In the first five months of 2013-14, the New Mangalore Port (NMPT) recorded a growth of 12.25 per cent in cargo handling. The port handled 15.76 million tonne of cargo from April-August as against 14.04 million tonne in the corresponding period of the previous fiscal (2012-13). Crude oil and coal contributed to the growth in port's cargo handled during the period, said the port's Chairman P Tamilvanan.
Citing a study, Reserve Bank India (RBI) said it cannot pursue a policy of higher inflation tolerance as the means to lower real rates because beyond a threshold, the negative impact of inflation on growth outweighs its positive impact. Although the study points to empirical evidence that lower real interest rates can stimulate growth and investment, it does not recommend a policy of higher infla