Union Finance Minister P Chidambaram said on July 31 that gold imports into India were lower in June and July when compared to the same period last year. India is hoping to contain gold imports well below 845 tonne that were shipped last year, Chidambaram said, a week after the central bank restricted imports further, by tying imports to exports volumes. India imported a record of 162 tonne of gold in May, triggering a series of measures to contain imports and a ballooning current account defici
Tag: India
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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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Improving land use for better transport
The single-agency approach to city development, coupled with disincentivising unplanned growth, has been adopted internationally. In India, the ball often gets tossed between the two leading heads-the mayor and the municipal commissioner.
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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,
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Reduce subsidies in transport
Our urban transport systems are lacking mainly due to inefficient management and improper enforcement of the traffic rules and regulations, says Tanmoy Mukherjee, Director, Statutory Planning Unit, Kolkata Metropolitan Development Authority (KMDA),