Cabinet Committee On Investment

Cabinet, Cabinet Committee on Economic Affairs, Cabinet Committee on Investment and Cabinet Committee on Security will meet today evening. Report suggested that the CCEA may clear divestment of government‘s 5 percent stake in ONGC (up 1.65 percent) via offer for sale (OFS) and may approve coal supply linkages to power plants.

New govt needs to revive investments, boost growth: Montek

Ahluwalia said, "...new government must take on the fact that large infrastructure projects in critical areas have got stuck. "We have started a mechanism that can work. I would hope that the new government will recognise that this is a very crucial area."

Poor economy derails Plan Comm's 8% growth target

During the first year of the 12th Plan, India's economy grew by only 5 percent, the slowest in a decade.In the first half (April-September) of the current fiscal FY2013-14, the economy grew by just 4.6 percent.

CCI clears 5 delayed projects worth Rs 7,947 crore

"The CCI on December 9 approved five delayed projects involving an investment of Rs 7,947 crore," Oil Minister M Veerappa Moily told reporters here.

India's GDP on Friday - here's what to expect

While the government set up the Cabinet Committee on Investment (CCI) to fast track clearances for large projects in January this year, approvals have yet to translate into actual activity on the ground.

Mkt in consolidation phase, next 3-6 months tough: Envision

Nilesh Shah, MD and CEO of Envision says that the India may be on the cusp of another growth cycle if reforms are taken and investment cycle is kickstarted.

CCI reviews impeding projects cleared in previous meetings

The Cabinet Committee on Investment on Tuesday analysed the progress projects that were taken up in the previous meetings. The meetings, chaired by PM Manmohan Singh, also reviewed issues impeding the seven big infrastructure projects spread across petroleum, power and steel sectors.

CCI to consider 7 projs worth Rs 1.6 lakh cr on Sept 17

Seeking to push investment and growth, the Cabinet Committee on Investment headed by the Prime Minister is likely to consider seven stalled mega infrastructure projects, envisaging investment of around Rs 1.6 lakh crore, on September 17.

Corporate investment may dip in FY 2014: RBI

The central bank did not put a number to the likely investment intentions by companies this year. Corporate investments in the last fiscal stood at Rs 2,63,400 crore.

Around Rs 40,000 cr stuck due to delay in allocation of gas

There are about 8,000 MW gas-based power plants underconstruction and the gas linkage to such projects have not been granted due to shortage of gas.

FICCI submits list of delayed projects to CCI

Concerned over delays in more than 50 projects involving investment of Rs 2.89 lakh crore, Ficci (Federation of Indian Chambers of Commerce and Industry) on Thursday said it has forwarded the list of these projects to the Cabinet Committee on Investment (CCI), as early approvals will stimulate growth.

FinMin pitches for ratings upgrade for economy with Fitch

The Finance Ministry today made a strong case for rating upgrade of Indian economy by global agency Fitch on the back of increasing investments, declining import of gold and government's commitment to fiscal prudence.

CCI to hopefully clear few oil projects in 2 weeks: Montek

Planning Commission Deputy Chairman Montek Singh Ahluwalia today expressed the hope that the Cabinet Committee on Investment will clear some oil exploration projects in the next two weeks.

Is RIL's Rs 1 lakh cr capex for core biz ready to take off?

Reliance Industries (RIL) is expected to invest around Rs 1,00,000 crore in its various business verticals in the next five years of which 85 percent would be in its core oil and gas and petchem businesses, state media reports.

Cabinet investment panel meets; nod for NTPC power project

CNBC-TV18‘s Rituparna Bhuyan reports that the Cabinet committee on investment met for the second time and gave the go-ahead for NTPC's North Karanpura power project

India to approve oil, gas projects in flat 30 days:Sharma

Allaying fears of delay in clearances, India today promised foreign investors that it will approve oil and gas projects "in 30 days flat" as it invited Gulf businesses to take advantage of investment opportunities in the country.

First CCI meet: No breakthrough in oil, gas blocks issue

The first meeting of the newly formed Cabinet Committee on Investment today failed to break the logjam over defence clearances to oil and gas activities in 39 offshore areas, including Reliance Industries' producing KG-D6 fields.

Cabinet Committee on Investment meeting on Jan 30

The first ever meeting of Cabinet Committee on Investment is likely to take place on January 30. It seems that the committee may discuss clearances for exploration & production in New Exploration Licensing Policy (NELP) blocks, reports CNBC-TV18 quoting sources.

'Panel on investment will help attract more investments'

Industry said setting up of Cabinet Committee on Investment to fast-track infrastructure projects will send a positive signal to investors and help in attracting more investments.

Cab nod for panel to clear mega proj, renames NIB as CCI

The Union Cabinet cleared the proposal to set up Cabinet Committee on Investment to expedite approvals to projects of Rs 1,000 crore or above, in an attempt to fire up the economy.

Infra boost: Cabinet clears Cabinet Committee on Investment

The Cabinet Committee on Investment, (formerly called National Investment Board) has has been cleared by the Cabinet today.

NIB deferred, experts keep guessing: Feedback Infra

The cabinet has decided to defer the decision to clear the Cabinet Committee on Investment. This committee was earlier called the National Investment Board (NIB).

Govt to rechristen NIB on Dec 6 to revive growth

In an exclusive, CNBC-TV18's Aakansha Sethi, quoting sources, reports that a decision to replace the National Investment Board (NIB) with the Cabinet committee on investment, will be taken on December 6.