It has become almost fashionable to decry the role of the public sector in developing the nation, in the times of liberalisation and reform that we live in. But IndiaĂ´s public sector, though saddled with a few ageing behemoths
FlashNews:
Air India to Move Operations to JFKâs New Terminal 6 in 2028
Indofast Energy-Hala Mobility Alliance to Deploy 40,000 EVs by 2027
AIâNative Cybersecurity: The New Shield for a Hyperconnected World
NHAI Expands Rajmargyatra App with Digital Local Pass and MargMitra Help Centre
PM Modi to Inaugurate Alluri Sitarama Raju International Airport at Bhogapuram on August 1
RITES and MECON Forge Partnership to Pursue New Infrastructure Opportunities
Tata Power Wins SECI Award for 324 MW Supply from Bhivpuri Pumped Hydro Project
Prime Minister Modi Dedicates 75 Redeveloped Amrit Bharat Stations Across India
Indiaâs Private Spacetech Ambitions Reach Orbit After Skyrootâs Successful Launch
Strait of Hormuz Conflict Stalls Persian Gulf LNG Exports, S&P Global Says
Indiaâs Rail Modernisation Shields Network from Fuel Shock, Modi Says
GAIL Signs MoU with KABIL to Boost Critical Minerals Collaboration
Indiaâs First Private Orbital Rocket Vikramâ1 Set for July 18 Test Flight
NHAI Engages Consultants to Strengthen InvITâLed Highway O&M
Porbandar Shipbuilding Cluster, Vadinar Repair Facility Get Government Nod
AM/NS India and SVNIT Launch Programme to Build IndustryâReady Talent in Surat
Naidu FastâTracks Dholera International Airport Operationalisation
KEC International Secures First Data Centre Line Order in âš1.18 Billion Wins
Railway Minister Vaishnaw Unveils Eight New Freight Reforms
State marketing cos for flexible deals
PSU refiners, who account for about two-thirds of the countryĂ´s oil processing capacity, are seeking more flexibility in import contracts
Rail Vikas Nigam to hold 10% in new ports infra entity
Government-owned Rail Vikas Nigam Ltd (RVNL) is to take 10 per cent equity in the new public sector unit (PSU) to be formed to enhance port connectivity through the railways.
Stocks & Barrels
ItĂ´s raining good news for the Indian economy. Credit Suisse has said that India will witness the fastest dollar nominal growth in 2015. And falling oil prices are proving to be a major windfall for the country.
Exim Bank gets Rs.650-crore
Exim Bank has received Rs 650 crore in capital infusion so far this fiscal from government and expects to get a similar sum in second half.
Distribution Reforms: Coming out of the shadows
Accountability and minimum interference can help the power sector in the country to undergo reform.Although power has always been an area of focus, the ever-widening gap between supply and demand throws light on the endemic problems in the Indian power sector.
Distribution Reforms: Coming out of the shadows
Accountability and minimum interference can help the power sector in the country to undergo reform.Although power has always been an area of focus, the ever-widening gap between supply and demand throws light on the endemic problems in the Indian power sector.
èBond market will see a face-lift in the near termè
In an exclusive interview, Rajiv Lall, Chairman, IDFC says that the infrastructure sector is a complex industry and infra funding is an even more complex activity. I agree that that these alternate modes of finance are needed to see some momentum but modes such as infrastructure
New SPV to develop last-mile port connectivity
The Shipping Ministry is looking at setting up a special purpose vehicle (SPV) for all major ports to provide last-mile rail connectivity.
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



