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Construction & Infrastructure News

Recovery from demonetisation is a foregone conclusion

December 2016

There is definitely going be a short-term impact of demonetisation on the industry. The November 2016 sales of two-wheelers, four-wheelers and the au...

MURLI SHANKAR SAMBASIVAN, Association of Indian Forging Industry, Super Auto Forge, Demonetisation, EMI, Automatic correction, Real estate prices, GST, Central Sales tax, Service Tax, Octroi, Aadhaar Cards, Arun Jaitley, Metro projects, Defence

Carpet Bombing vs Surgical Strikes

December 2016

Some have called it a surgical strike on black money while the Supreme Court labelled it ´carpet bombing´. Yes, we are talking demonetisation, the to...

Black money, Supreme Court, Income-Tax Dept data, Raison dOtre, Indian Statistical Institute, GDP growth, Construction industry, Capex-heavy, Infra

Steel sector contributes 2% to GDP in 2015-16

December 2016

The Indian steel sector´s contribution to overall Gross Domestic Product of the country was nearly 2 per cent during 2015-16....

Indian steel sector, Gross Domestic Product, Gross Non Performing Assets, Reserve Bank of India, Infrastructure projects, Steel, GDP

Indian Railways in partnership with Impact India Foundation

December 2016

Indian Railways, in partnership with Impact India Foundation, will augment two additional coaches for cancer & family health Services to the Lifeline...

Indian Railways, Impact India Foundation, Cancer, Family health Services, Lifeline Express, Suresh Prabhu, Hospital Train, JP Nadda, Dr Jitendra Singh

Shipping ministry to procure LNG vessels

December 2016

The ministry of shipping has signed a memorandum of understanding with the Inland Waterways Authority of India (IWAI) and Petronet LNG Ltd at the Mar...

Ministry of shipping, IWAI, Petronet LNG Ltd, Maritime India Summit, Oil and Natural Gas Corp. Ltd, Indian Oil Corp. Ltd, Bharat Petroleum Corp. Ltd, GAIL India Ltd

India Approves New Shipping Act

December 2016

The Merchant Shipping Bill 2016 has been approved by the Indian Cabinet following much deliberation....

Merchant Shipping Bill 2016, Indian Cabinet, Shipping Industry

Better profits for North cement makers

December 2016

According to the rating agency ICRA, an uptick in demand in north India followed by strong pricing discipline, resulted in a rebound in cement prices...

ICRA, Cement MAnufactures, North Indian

Assam and Railways join hands for Rs.5,000 cr project

December 2016

Indian Railways have announced a Rs 5,000 crore. JV project with the Assam Government for the construction of four elevated railway tracks between Ka...

Indian Railways, JV project, Construction, Limited Height Subways
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