India invites Australian investors to tap opportunities in infrastructure sector
NEW DELHI: Insdia’s Finance Minister Nirmala Sitharaman on Thursday invited Australian investors to tap opportunities in India’s infrastructure sector which needs funding to the tune of Rs 111 lakh crore over five years. Australia is an important partner of India as a strong liberal democracy with shared diaspora and bilateral trade and investment. The bilateral […]
Budget 2021-22 reactions from Real estate and infrastructure sectors
NEW DELHI: The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis. Laying a vision for AatmaNirbhar Bharat, she said this is an expression of 130 […]
Real estate and infrastructure sectors get boost from Budget 2021
NEW DELHI: The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis. Laying a vision for AatmaNirbhar Bharat, she said this is an expression of 130 […]
Prioritise spending, boost infrastructure, sell PSUs: Raghuram Rajan on Budget
NEW DELHI: Former Reserve Bank of India (RBI) Governor Raghuram Rajan says the government should take advantage of the peaks in the Indian equity markets right now and sell stakes in PSUs while prioritising spending to get the economy back on track. The upcoming Budget for the fiscal year beginning April 1 should look to […]
Infrastructure sector activity declines 43% in FY20 following March lockdown: Report
NEW DELHI: Infrastructure sector activity witnessed a decline of 43 per cent in FY20, following financial troubles at the national road builder NHAI and the massive contraction in March due to the lockdown, according to a report. The problem was more pronounced in the final quarter of the year, as the government contracts came to […]