As we head towards the final quarter of a very difficult 2021, there are some silver linings. If I were to point out some of the events on the policy-making front, I would unflinchingly select three events – Air India privatization, efforts towards the listing of Life Insurance Corporation (LIC) and the national monetization policy. … Read more
The development programme will be taking place in two phases and the first phase will be focussing on infrastructure (Photo: IE) Greater Noida will soon have three more smart villages, officials revealed in the statement on Monday. The authority will be issuing tenders soon for its development. A total number of 14 villages in greater … Read more
A strong economic growth rebound is expected on the back of rapid vaccinations, a recovering monsoon boosting agricultural output, thrust on infrastructure investments by the government, and growth in export, Niti Aayog Vice-Chairman Rajiv Kumar has said. Kumar further said that as per consensus estimates, despite downward revision in the GDP growth projections, India is … Read more
NEW DELHI: A study of the Reserve Bank of India’s (RBI) latest bank lending survey shows after the decline in demand for loans in April-June on account of the second wave of the Covid pandemic, banks see a recovery in loan demand this quarter, Nomura Global Markets Research said in a report. “…Banks expect loan … Read more
The team now hopes to employ the system in different cities to understand the model’s large-scale efficacy. (Picture courtesy: Indian Express) As cities and towns embark on a rapid development drive at the expense of their precious green cover, researchers from Hyderabad’s Indian Institute of Information Technology (IIIT) have developed a method that would enable … Read more
The government has expanded the definition of infrastructure to include exhibition-cum-convention centres. A finance ministry notification said convention and exhibition centres had been included in the harmonised master list of infrastructure sub-sectors under the social and commercial infrastructure sub-sector. To qualify under the category, projects will require a minimum built-up floor area of 100,000 square … Read more
MUMBAI: “We are very excited about the future,” SN Subrahmanyan, Chief Executive Officer of Larsen & Toubro, declared with a level of certainty that may be hard to find at a time when most of the country has been shrouded in the gloom unleashed by a severe second wave of the Covid-19 pandemic. At the … Read more
2020 has taught India and the world that a well-functioning healthcare system and healthy population are critical to the economic and social well-being of a country. Building a strong infrastructure with institutionalised planning capability, efficient implementation, centre-state dialogue and cooperation between private and public institutions are essential components to achieve this goal. Scaling up the … Read more
India and its Southern neighbour Maldives on Saturday signed five agreements that would boost infrastructure in the island nation. The pacts that were signed on Saturday during Foreign Minister S Jaishankar’s visit are- Amendatory Agreement to repurpose an older EXIM Bank of India Line of Credit of USD 25 million for Road Devt; Letter of … Read more
Rohit Kapoor, CEO – India & South Asia, OYO Indian Union Budget 2021-22: Economic recovery on track! The country’s tourism and hospitality industry had pinned great expectations on Budget 2021. While no specific relief or proposals have been immediately announced, there are several reasons to look at the futuristic impact that can definitely boost the … Read more