Page 32 - Infrastructure

Odisha investing over Rs 2,500 crore in building sports infrastructure

The senior officers' conference, which was inaugurated by the Chief Minister on Tuesday, concluded on Wednesday

World's next debt disaster seen brewing in Indonesia's builder binge

The struggles are already reminding some analysts and investors of the high-profile debt debacles in China and South Korea last year, which were centered on the nations' developers

Essar group eyes forays into clean energy, infrastructure, IT solutions

The Essar Group plans to rearrange its priorities to focus on four major verticals like energy, infrastructure and logistics, technology and retail, as well as metals and mining

India rated among top 5 accreditation systems in world: GQII Index

India has been placed at the fifth position out of 184 countries in terms of its accreditation system, according to the recently released Global Quality Infrastructure Index (GQII) 2021. The GQII ranks 184 economies on the basis of their quality infrastructure (QI). India's overall QI system ranking continues to be tenth. According to the index, India was ranked 21st in terms of metrology and ninth in standardisation. The report was released in December 2022. "We are proud that India is rated among the top five accrediting systems in the world...We anticipate that India will pave the way for more collaborations aimed at creating resilient systems of high-quality infrastructure," the Quality Council of India (QCI) said in a tweet. The report said geographically, the top 25 are mainly located in Europe, North America, and Asia-Pacific, with some exceptions, such as India (10th), Brazil (13th), Australia (14th), and Turkey (16th). While QCI is the national body for accreditation, B

Large Budget allocation to infrastructure makes theme attractive

While infra funds can offer good returns over long term, returns tend to swing wildly from one year to next

Why the govt shouldn't just privatise factories but infrastructure too

India should consider a reverse Build Operate Transfer (BOT) model wherein the government finances a project on the EPC basis, and then when it's ready, it auctions it off to the private sector

From AI to digital infrastructure, making high-tech work for India

The Budget's thrust on AI, 5G and data embassies promises to usher in a wider, data-driven digital infrastructure

Changing tracks

Investment in Indian Railways must be backed by reforms

Capex push, tax rationalisation: Brokerages give a thumbs-up to Budget 2023

Our equity strategists view the budget as positive for infrastructure and capex-sensitive sectors, says Goldman Sachs

A growth-oriented Budget, says NSE MD & CEO Ashishkumar Chauhan

"The Budget would support growth and the Indian consumption story, and keep us in good stead, given headwinds in China and developed markets and until the rest of the world eases"

Tourism ministry to soon release criteria for developing 50 destinations

Focus on infrastructure development, capacity creation and promotion: Tourism secretary

RC Bhargava to Sanjiv Puri: BS jury welcomes focus on digital infra, growth

Private sector investments will be further facilitated by continued emphasis on infrastructure development and a higher provision for capital expenditure, said R C Bhargava, Chairman, Maruti Suzuki

Crowding in private investment: Pain points & what's on offer in Budget

Attempts at raising capital for infra spending through the national monetisation framework have not been as successful as was hoped. The government raised more money than targeted in 2021-22

Budget 2023-24: India Inc to gain from Rs 10-trillion infra push

CEOs expect big orders from govt as private capex picks up in tandem

Domestic cyclicals key gainers from the infra push in the Budget

Street is bearish on exporters while there is a mixed opinion on the consumption basket

Union Budget 2023: Capital expenditure to be hiked by 33% to Rs 10 trillion

Budget 2023: PAN cards will be used as a common identifier for all government schemes, the FM said in her Budget speech

From capex to taxation, four things to look out for in Union Budget 2023

This is the last full budget before the 2024 Lok Sabha elections, and will be tabled amidst a global slowdown and unprecedented geopolitical uncertainty

Infrastructure finance company REC profit rises 5% in Q3 on lower expenses

India's state-owned infrastructure finance company REC Ltd on Monday reported a 5.1% rise in third-quarter profit, as it cut down its total expenses

Budget 2023: FHRAI pitches for infrastructure status to hospitality sector

The hospitality sector needs to be accorded infrastructure status by the Centre to help it avail long-term funds under the RBI infrastructure lending norm criteria, according to Federation of Hotel & Restaurant Associations of India. In its pre-Budget demand, the Federation of Hotel & Restaurant Associations of India (FHRAI) said although industry status has been accorded to tourism and hospitality by many state governments, the incentives and privileges associated with an industry have not been conferred to the sector. "The industry needs infrastructure status to be accorded by Government of India to enable the hospitality sector avail long-term funds under the RBI Infrastructure lending norm criteria," FHRAI Secretary General Jaison Chacko said in a statement. This will enhance quality accommodation supply and therefore, stimulate higher global and domestic travel demand, he added. Chacko further said tourism and hospitality should be placed on the concurrent list of the ...

Gogoro, Belrise Industries to set up battery swapping infra in Maharashtra

Taiwanese electric mobility solutions provider Gogoro Inc on Tuesday said it along with Belrise Industries has inked a pact with the Maharashtra government to set up battery-swapping infrastructure