Finally, bringing some relief to the Centre the core infrastructure industries have rebounded in the month of April. The surge in infrastructure output from 2.5 per cent in March to 4.2 per cent in April indicates an uptick in the economy.
Tag: India
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Water incentives
Dr Smita Misra, Lead Water and Sanitation Specialist, South Asia Sustainable Development Unit, World Bank tells Garima Pant how empowerment of Panchayati Raj institutions and Urban Local Bodies can ensure better water and sanitation management programmes in the country.
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We will soon set up a Project Development Company in Africa
The formation of PDCs will look at large projects that will be built across two to three countries in Africa. Yaduvendra Mathur, Chairman and Managing Director, Export Import Bank of India,
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Fundamentals revisited
Most banks have shown resilience, preventing further deterioration in asset quality in the fourth quarter. The same quarter also proved to be healthy in terms of recovery for most PSU banks
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Bank Guarantees: Encashment and remedies on encashment
Bank guarantees are an integral part of a contract, but these have been encashed under dubious circumstances in a number of cases. Prachi Manekar examines the legal recourse available to aggrieved parties.
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Coal demand falls
Global coal prices and demand have fallen, as coal is being replaced by other sources of energy. It is replaced by shale gas in the US and is likely to lose out to renewable energy in China. In India, the new government is keen to accelerate mining to unlock indigenous coal reserves of 200 billion metric tonnes.
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IL&FS Group’s foray into port & logistics: Fujairah and Dighi
IL&FS Group has had a long association with the infrastructure sector specifically in the promotion and development of greenfield projects. The Group's maritime division IL&FS Maritime Infrastructure Company Ltd (IMICL)
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L&T breaks new ground in offshore engineering and construction
India's heavy and growing dependence on imported energy is putting financial strain on the economy. More than half of India's $191 billion trade deficit in the financial year 2012-13 was due to oil imports,
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Volvo Trucks President becomes a stuntman
Claes Nilsson is President of Volvo Trucks and he does not hesitate to stand on a truck dangling more than 20 metres up in the air as he stars in a film where Volvo's new construction truck is put to the test.
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The Go-Getter
Arun Chandran, Managing Director - SynergiZ Global Services Private Limited & Project Director -(Parsons Brinckerhoff)- L&T Hyderabad Metro Rail, has over 17 years of management and engineering experience in design, installation, testing and commissioning of major infrastructure projects in varied sectors like aviation