Govt invests Rs 4.85 lakh crore in big infra projects

Last Updated: Friday, August 7, 2015, 16:39

Government has invested Rs 4.85 lakh crore in big infrastructure projects, costing over Rs 150 crore, as of June 1 in the current fiscal.

Cabinet approves Rs 20,000-crore infra investment fund

Last Updated: Wednesday, July 29, 2015, 21:38

The Union Cabinet on Wednesday approved creation of a Rs 20,000-crore National Investment and Infrastructure Fund (NIIF), a sort of sovereign fund, for development of infrastructure projects, including the stalled ones.

50 nations, including India, sign agreement on China-led AIIB

Last Updated: Monday, June 29, 2015, 12:29

The 60-article agreement specified each member's share as well as governance structure and policy-making mechanism of the bank, which is designed to finance infrastructure in Asia.

PM Modi concerned over passport delivery, delay in infra projects

Last Updated: Wednesday, June 24, 2015, 21:21

Prime Minister Narendra Modi Wednesday voiced concern over inefficient delivery of passports as also the delay in vital infrastructure projects and directed the departments concerned to address these issues.

Land required for Railway infrastructure projects: Prabhu

Last Updated: Saturday, June 6, 2015, 16:48

"Whether for a sea port, airport or for the Railways, land is required. We need land for development of Railway infrastructure and for capacity expansion. But, getting land is becoming an important issue, which needs to be resolved by the Centre and the states jointly," he said at a news conference here.

FIIs/FPIs can invest up to 49% in Gammon Infra Projects: RBI

Last Updated: Wednesday, May 27, 2015, 18:23

The Reserve Bank on Wednesday said FIIs and foreign portfolio investors (FPI) can now invest up to 49 percent in Gammon Infrastructure Projects Ltd.

Japan unveils $110 billion plan to fund Asia infrastructure, eye on AIIB

Last Updated: Thursday, May 21, 2015, 17:08

Japan unveiled a plan on Thursday to provide $110 billion in aid for Asian infrastructure projects, as China prepares to launch a new institutional lender that is seen as encroaching on the regional financial clout of Tokyo and its ally Washington.

ADB to finance $6 billion in Pakistan infrastructure projects

Last Updated: Tuesday, May 12, 2015, 19:33

The Asian Development Bank on Tuesday approved a $6 billion loan to help build up Pakistan`s dilapidated power network and other key infrastructure, Islamabad said.

Urbanising India best bet for Chinese steel

Last Updated: Tuesday, May 5, 2015, 11:00

Urban dwellers will double to more than 800 million by 2050, a scale of mass urbanisation only seen before in China.

PM pushes for expediting projects in irrigation, affordable housing, toilets

Last Updated: Saturday, May 2, 2015, 23:44

He reviewed the status of stalled projects in the infrastructure sector and was apprised of the steps being taken to enhance infrastructure creation in accordance with his vision for the 75th year of India's Independence, a PMO statement said.

PM Modi takes stock of progress of infra projects

Last Updated: Saturday, May 2, 2015, 22:00

The meeting also took stock of the progress in rural infrastructure, power, coal, renewable energy and petroleum and natural gas.

224 central projects see cost overrun of over Rs 2 lakh crore

Last Updated: Wednesday, April 29, 2015, 15:41

As many as 224 central sector infrastructure projects in sectors like road, rail and power were showing cost overrun of over Rs 2 lakh crore till December-end, Parliament was informed on Wednesday .