This Union Budget came against the backdrop of a raft of reforms, economic slowdown and fiscal stress. While the Budget proposals will incrementally contribute to economic expansion with its de facto elements of stimulus, the pace of growth will largely be due to factors outside the Budget.
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
Government to fund green energy conversion of state-run refineries
Powergrid will issue bonds to raise up to Rs 9 billion
Domestic aluminum players need to invest to meet net0 target
Ahmedabad leads the way in solar energy use with 34,794 users
MAY 2023: Subansiri Lower hydroelectric project
Govt floats tender to procure gas-based plants
US federal agency funds methane capture project India
Govt successfully bids out 29 coal blocks for commercial mining
Power Grid Corporation board to raise Rs 900 cr via bonds
Rs. 6 trillion Master Stroke
Impact of demonetisation on infrastructure
Land transportation was a cash-driven sector as it is a very fragmented and unorganised sector. Transition to a Â´plastic economyÂ´ would obviously remove hidden costs. This is a cultural change.
The warehousing sector is going to experience a sea change in its structure
With the total warehousing space requirement in the countryÂ´s top seven markets expected to grow from 621 mn sq ft in 2016 to 839 mn sq ft by 2020, the warehousing sector has shown tremendous traction in the past couple of years. Further, investment in warehousing can provide an opportunity of realising returns in the range of 10-24 per cent per annum.
Pushing for growth
The potential is enormous when you look from a macro perspective. In India only about 20 per cent of organisations look at warehousing services from a supply chain point of view, whereas globally the average is over 60 per cent.
Dr. Samantak Das’s reaction on RBI’s decision to hike repo rate
RBI has once again shown its stance towards curbing inflationary pressures. By doing so, there is a substantial compromise being made towards the country's GDP growth.
Quote on RBI’s Credit Policy: CRR and repo rates slashed by 0.25%
Finally, we have the rate cut (start of the series of cuts that hopefully will follow over several quarters, influenced by the overall inflation situation and the economy's need to perk up growth rates) which coupled with the lower CRR should provide great relief to Real Estate industry reeling for quite some time now under the burden of huge debts on one side and poor cash flows caused by slowdown in sales.