The Mumbai-based fund, backed by the government alongside global investors, is capitalizing on a big funding gap in the urban infra sector
Ajay Seth said the overall growth for the year should be in the order of 7%, as forecast by IMF as well as RBI.
Smooth implementation of the first Rs 10,000 crore will determine the fate of the Rs 6 trillion monetisation plan. Hence, achieving the first-year target of Rs 0.8 trillion is very important to build confidence in the market
Earlier on June 4, the FM Nirmala Sitharaman held a virtual meeting with senior government officials to discuss the infrastructure roadmap ahead. In the meeting, Sitharaman had discussed on the issues of capital expenditure plans of ministries and their Central Public Sector Enterprises (CPSEs).
For the government's courage to pay off, lessons need to be learnt from the failure of earlier DFIs
A concerted effort among centre, states and the private sector is required to get the infrastructure wagon back on the rails
Noting that more than 70 per cent of the population will move to urban areas by 2040, Ashish Kumar Singh, the Public Works Department‘s (PWD‘s) principal secretary, said that “This will require investment to R
Supply shortages and infrastructure investment plans announced by both China and the US will keep metals on a firm footing at least in the medium term feels Annalisa Jeffries of Platts.
As Prime Minister, Modi courts the Middle East to raise India's global profile and make it an attractive option for international investors
Michael Kurtz of Nomura expects infrastructure investment to be hiked to 2.5% of GDP in the Budget and for it to come through pruning of subsidies and more asset sales. He expects a very strong Budget with focus on reforms.
British private equity group 3i Group Plc said on Monday its head of Asia operations Anil Ahuja and a senior India executive will be leaving the company and named Samir Palod as head of the India team.
While India continues to be one of the fastest growing economies, this pace of development is unlikely to continue unless it is supported by an equally robust development of its infrastructure.
US President Barack Obama is preparing a detailed deficit-cutting plan that goes beyond the USD 1.5 trillion target a congressional committee is aiming for, White House officials said on Wednesday.
Private sector ports have emerged as the most preferred India Infrastructure investment in recent times, says a report by Standard Chartered. StanChart recently initiated coverage on Mundra Ports SEZ with an outperform rating and a price target of Rs 201 per share.
The government's infrastructure investment target of USD 1 trillion is all fine, but the industry is divided on just how this money should be raised.