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L&T Secures Track Works Contract for Mumbai-Ahmedabad Bullet Train in Maharashtra

L&T Secures Track Works Contract for Mumbai-Ahmedabad Bullet Train in Maharashtra

With this award, all three track construction packages for the Mumbai-Ahmedabad bullet train corridor have now been secured by Indian companies, marking a major boost to domestic expertise in high-speed rail infrastructure. The National High Speed Rail Corporation Ltd (NHSRCL) has signed a contract with Larsen & Toubro Ltd for the design, supply, construction, testing,...

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Infrastructure, business-friendly policies keep Gujarat ahead in exports

Infrastructure, business-friendly policies keep Gujarat ahead in exports

Gujarat, widely acknowledged as the most business-friendly state in India, figures among the top five states that account for 69 per cent of the countryÂ’s total export earnings. It is also among two states, the other being Maharashtra, that together account for more than 46 per cent of the merchandise consignments from the country.

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Most complex tax regime by far

Most complex tax regime by far

The macroeconomic aspects of GST haven´t been taken into account. If the government says that it will collect more revenue, then that means that prices will have to rise because it´s an indirect tax. If prices rise, then industrial output would tend to stagnate or decline.