Union Minister for Civil Aviation Ajit Singh said on March 17 that airline industry is witnessing a revival. Addressing the 11th Routes Asia Conference in Mumbai, Singh said various policy measures taken by the government have begun to yield results and hoped that the general aviation business will emerge as a key driver of regional connectivity and economic development.
Union Minister of Steel, Beni Prasad Verma ruled out any question of revival or restructuring of loss making plants or units of Steel Authority of India (SAIL). He argued that although some plants or units of SAIL have reported losses, SAIL on the whole is making net profit and hence there is no case for revival or restr
As the Union government has recently taken policy initiative and the Reserve Bank of India (RBI) reduced interest rate, there are early signs of revival in the infrastructure sector, says the Indian Construction Equipment Manufacturers' Association.