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Construction & Infrastructure News

Scrapping of export duty on iron ore

February 2016

The mines ministry has recommended scrapping of export duty on iron ore to bolster miners...

Mines Ministry, Iron Ore, Finance Ministry

PEs, NBFCs Going for Tier-II Properties owing to infrastructure and affordability

February 2016

Tier-II and not-so-glamorous locations in and around bigger cities are starting to see interest from private equity funds and non-banking finance com...

NBFCs, Infrastructure, Xander Finance, Prateek Group, Real estate, MG Housing

Mining Equipment Sector Ablaze

February 2016

India's national Budget 2016 is scheduled on February 29, 2016. Industry is rife with guesstimates, speculations, recommendations to the Finance Mini...

National Budget 2016, Finance Ministry, Make in India, Infrastructure Projects, Mining Equipment, Building Synergy, Crawler Dozers, Excavation Equipment, Excavators

MNRE to approach FinMin to raise Rs.10,000 crore via tax free bonds

February 2016

Ahead of the Budget, the Ministry of New and Renewable Energy is planning to approach Finance Ministry to seek its permission for raising Rs.10,000 c...

Budget, Ministry of New and Renewable Energy, Finance Ministry

India and ADB sign $80 million loan agreement

February 2016

The Asian Development Bank (ADB) and the Government of India signed an $80 million loan agreement to continue improving infrastructure in two North E...

Asian Development Bank, Infrastructure, North Eastern State Capital cities, North Eastern Region Capital Cities Development Investment Programme, Raj Kumar, Ministry of Finance, Government of India, Teresa Kho

FinMin to release Rs.32,000 cr for IR

February 2016

In some relief to the railways, the finance ministry has restored support to IR from general exchequer to the tune of Rs.32,000 crore for the current...

Railways, GBS, Finance ministry

Govt may increase Rs.70k-cr planned capital infusion for PSBs

February 2016

The Finance Ministry is considering infusing more than the announced Rs.70,000 crore in public sector banks to help strengthen their balancesheets.ยด...

Finance Ministry, Balancesheets, Public sector banks, Arun Jaitley, Budget 2016-17, PSB

200 SEZs likely to be exempt from 18.5percentage MAT

February 2016

Enterprises operating from over 200 Special Economic Zones (SEZs) in the country are likely to be exempted from the minimum alternative tax (MAT) of ...

Special Economic Zones, Union commerce ministry, Finance ministry, GDP
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