Union government plans to reintroduce import duty on crude oil in the forthcoming union budget in order to increase its tax collection and thereby reduce fiscal deficit. However, the adverse impact of such a move would be that it would raise the price of oil and could leave the government with a higher subsidy bill if pump prices are not r
Tag: inflation
Post
Post
Rangarajan expects inflation to ease to 6%
Prime MinisterÂ’s Economic Advisory Council Chairman C Rangarajan expressed hope that inflation would ease to six per cent by the end of the next financial year. Although the increase in fuel prices and train fares could prevent headline inflation from moderating in the near term, in the long-run he expects inflation to trend down
Post
Rebuilding Faith
Why does it take the Prime Minister to get his hands dirty each time there is an operational problem in infrastructure? We hope this was one of the many questions Dr Manmohan Singh asked himself before taking on his favourite role—as Finance Minister.
Post
Rebuilding Faith
Why does it take the Prime Minister to get his hands dirty each time there is an operational problem in infrastructure? We hope this was one of the many questions Dr Manmohan Singh asked himself before taking on his favourite role—as Finance Minister.
Post
Rebuilding Faith
Why does it take the Prime Minister to get his hands dirty each time there is an operational problem in infrastructure? We hope this was one of the many questions Dr Manmohan Singh asked himself before taking on his favourite role—as Finance Minister.
Post
Infrascape 2012 | Urban Infra: Needed A reformed JNNURM
Implementation of reforms still lacks pace under the scheme. Inflation and reduction in induÂstrial output have deceÂlerated infrastructure reforms. Only about 70 per cent of projects have been allotted against the target.
Post
Infra firms feel the heat of interest cost
High interest costs could take a toll on the overall profitability of infrastructure companies. High interest rates and some other problems connected with land acquisition and inflation levels add to the troubles.
Post
Rail freight rate hike
The Railways' decision for a more than 15 per cent across-the-board hike in freight rates hit hard on the industry at the time of high inflation.
Post
EPC industry discusses labour, regulatory, technical and legal issues
Resource crunch including skilled and unskilled labour was identified as one of the biggest stumbling blocks before a potentially booming EPC industry. The 12th Five Year Plan offers Rs 17.08 lakh crore of construction opportunity. And even as interÂnationalisation knocks on India's doors,
Post
Treading the slippery path
Efficiency enhancement through pricing and non-pricing methods is the need of the hour in meeting our energy adequacy. With India's energy efficiency estimated to be the fifth lowest in the world, there is a tremÂendous scope to improve efficiency. DependÂence on oil imports is expected to rise.