Across the globe, most of the bullet train and high-speed train projects are shelved as they lead to long-term liability for the state governments by setting aside a considerable subsidy bill to sustain the capital invested.
For an airline that loses around Rs 14 crore a day, Jet Airways faces an uphill task to raise capital and skirt insolvency proceedings.
Here's a roundup of key updates in the commodities market.
A separate USD 92.18 million line of credit (LOC) has been given to Tanzania to finance rehabilitation and water supply improvement in Zanzibar.
The loan would help the TMC government complete projects in around 3,500 villages, quite a few of which lie in the tribal Jangalmahal districts of Purulia, Bankura and West Midnapore, he added. The minister, however, refused to comment on whether the loan appeal to World Bank had been lined up keeping in mind next year's Assembly elections.
The capital will be invested in start-ups by way of providing equity, quasi equity, soft loans and other risk capital.
The Karnataka government has sanctioned a special incentive package for the third phase expansion and upgradation project of Mangalore Refineries and Petrochemicals Ltd (MRPL), the company said on Wednesday.