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Fin Min clarifies infra definition

Fin Min clarifies infra definition

Infrastructure will soon have a wider and uniform definition that will encompass some aspects of education and health as well, ensuring asset creation across a number of sectors by making them eligible for various incentives. A panel of secretaries of various ministries is expected to clear the finance ministry's proposal.

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China bank to fund Indian infra

China bank to fund Indian infra

Just as the world’s largest bank in terms of profit, market capitali­sation, and customer deposits ve­ntured into India last month with plans to fund the infra­structure sector, the Indian gov­ernment also gave its nod to Indian com­panies to raise loans up to $1 billion in Chinese yuan.

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The L-Factor

The L-Factor

It is as though news of the slow growth of 7.7 per cent-the slowest in six quarters-as reported for the quarter ending June, as against a healthy 8.8 per cent in the same period last year, was anticipated with resignation.

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Clean initiatives

Clean initiatives

When Elizabeth Littlefield was appointed by President Obama as the 10th President and CEO of Overseas Private Investment Corporation (OPIC), little was known about her role in providing the much needed support to the clean energy projects in India.

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KSIDC, Gail to develop gas infra

KSIDC, Gail to develop gas infra

The Kerala State Industrial Development Corporation (KSIDC) inked a pact with GAIL Gas for setting up gas-based infrastructure projects worth Rs 1,000 crore in the state.