India Ratings Revises outlook for Infrastructure to 'stable' for FY22

Despite the doom and gloom beginning mid-March 2020, most sub-verticals of the infra sector have shown resilience and are above pre-covid levels, India Ratings and Research said.

Govt’s infra push to benefit construction sector first and capital goods later

Companies such as Dilip Buildcon and KNR Constructions see sizeable order inflows while capital goods companies expect a more gradual recovery

Focus on infrastructure spending in Budget 2021 expected to boost petrochemicals demand: Govt

Increased spending on infrastructure development in sectors like agriculture, healthcare and automobiles will result in increased demand for petrochemicals, according to an official statement.

Spending on infra creates instant jobs, says Nirmala Sitharaman: Report

Sitharaman also said that the priority for the government was to bring a budget that would supplement the stimulus.

RUDRABHISHEK Standalone December 2020 Net Sales at Rs 19.52 crore, up 44.98% Y-o-Y

Upgraded New Delhi Railway Station in the works: here is what we can expect

Total cost for the flagship project is estimated at Rs 6,500 crore and is expected to be completed in around four years on a Design-Build-Finance-Operate-Transfer (DBFOT) model

Exclusive | New Development Finance Institution to be 100% owned by govt

“Right now it will be a government-owned DFI. It will be through legislation, which will also enable the setting up of private DFIs. There will be a provision that if in the later stages, the DFI wants to diversify its equity, it will be able to do that," Economic Affairs Secretary Tarun Bajaj told Moneycontrol.

Likhitha Standalone December 2020 Net Sales at Rs 58.37 crore, up 49.15% Y-o-Y

Interview | New ‘bad bank’ will take in at least Rs 2 lakh crore of NPAs: Chief Economic Advisor Krishnamurthy Subramanian

In an interview with Moneycontrol, Krishnamurthy Subramanian also said the measures taken by the Modi government to deal with the latest economic crisis are less inflationary than interventions by previous governments, and that some 100 crore people may be vaccinated for free.

Likhitha Standalone December 2020 Net Sales at Rs 58.37 crore, up 49.15% Y-o-Y

Budget 2021 brings infra sector back in focus; bet on these 20 stocks to reap the gains

In her Union Budget 2021 speech, Finance Minister Nirmala Sitharaman announced a National Bank for Financing Development (NaBFID) to help in the process of infrastructure financing in the country.

Noida Metro to introduce Fast Trains on Aqua Line during peak hours

The average run time of the Aqua Line from Sector 51 Metro Station in Noida to Depot Station in Greater Noida and vice versa is 45 minutes 43 seconds (one way), which will be reduced to 36 minutes 40 seconds, thereby saving around 9 minutes of travel time for the Aqua Line commuters.

Thrust on infrastructure will boost growth, generate jobs: US chamber of commerce on India's budget

The finance minister has done a remarkable job in presenting a growth-focussed budget during the unprecedented COVID-19 pandemic-hit circumstances, president of the USA India Chamber of Commerce Karun Rishi said, adding that the budget is transparent and has rationalised the off-balance-sheet borrowings and headlined fiscal deficit numbers.

Budget 2021: Words that featured prominently in FM Nirmala Sitharaman's speech

Tax, infrastructure and health are some of the prominent words that featured the most in FM Nirmala Sitharaman's Budget speech this year.

Interview | Right time to bet on long-term growth through infra investment: Sanjeev Sanyal

Hours after Finance Minister Nirmala Sitharaman’s Union Budget 2021 speech, Principal Economic Advisor Sanjeev Sanyal, one of the architects of the Budget, spoke exclusively to Moneycontrol.

Push for infrastructure to benefit construction and engineering space

Policy continuity and proper implementation are crucial for the Budget 2021 measures to succeed

Budget 2021 | Reviving ailing economy through infrastructure sector?

Nirmala Sitharaman’s investment push for the sector will yield results only with timely and effective implementation. The efficiency and effectiveness of these investments will be closely watched

Union Budget 2021 | We spent big on infra and attended to healthcare sector, says FM Sitharaman in the post-Budget presser

Nirmala Sitharaman claimed that the government has decided to give a "greater impetus" to the economy through the Union Budget.

Budget 2021 | Metro light and metro neo to be launched for Tier 2 cities: FM Nirmala Sitharaman

Finance Minister allocated Rs 14,788 crore in the Union Budget 2021-22 for the expansion of the Bengaluru Metro, while the Chennai Metro Phase 2 will be built at a cost of almost Rs 62,000 crore.

Union Budget 2021: Government increases allocation to infra projects; L&T, KNR Constructions, Sadbhav Engineering may benefit

The move announced in Union Budget 2021 is expected to be positive for companies like L&T, KNR Constructions, Sadbhav Engineering, Ashoka Buildcon, PNC Infratech and JMC Projects.

Economic Survey 2021: Significant improvement in access to housing for lowest-income group

Since 2014-15, construction of approximately 1.94 crore rural houses have been completed, out of which 1.22 crore houses have been constructed under the revamped scheme of PMAY-Gramin

Budget 2021: Accord infrastructure status to real estate sector

The government can consider extending the harbor limit to 20 per cent for next three to four years.

Budget 2021 | Govt likely to increase allocation for infra projects; L&T, KNR Constructions, Sadbhav Engineering to benefit

There are expectations that railways will get higher allocation as the COVID-19 pandemic dealt a severe blow to the sector's revenue in the current financial year.

Long road for Tesla in India with infrastructure, supply chain woes

India's fledgling electric vehicle (EV) market accounted for only 5,000 out of a total 2.4 million cars sold in the country last year. A lack of local production of components and batteries, negligible charging infrastructure and the high cost of EVs mean there have been few takers in the price-conscious market.

Apar Industries Q3 PAT seen up 47.3% YoY to Rs. 54 cr: Yash Securities

Net Sales are expected to decrease by 4.7 percent Y-o-Y (up 18.2 percent Q-o-Q) to Rs. 1,749.8 crore, according to Yash Securities.