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No unfair effort will be made by govt to collect taxes: FM

Last Updated: Friday, February 6, 2015, 11:08

Ahead of the Budget, Finance Minister Arun Jaitley on Friday hinted at more spending cuts and rationalising expenditure.

PM Modi promises reforms 'at top speed'

Last Updated: Friday, January 16, 2015, 23:12

Prime Minister Narendra Modi today promised reforms "at top speed" with positive regulatory framework, tax stability and boost to infrastructure to help take the economy to USD 20 trillion from USD 2 trillion.

Rs 3 lakh crore for building power infrastructure: Minister

Last Updated: Saturday, January 10, 2015, 22:41

An amount of Rs 3 lakh crore would be invested in building infrastructure for transmission and distribution of power in the country, Union Power Minister Piyush Goyal today said.

Infrastructure gets huge face-lift in last nine years: UPA

Last Updated: Friday, January 3, 2014, 12:16

The infrastructure sector received a huge face-lift in the last nine years with improvement in road and railway networks, power generation and teledensity, among others, says the UPA government's report card.

Banks, infra need Rs 10.4 lakh cr bond funding in 5 yrs: Crisil

Last Updated: Thursday, November 28, 2013, 18:39

Banks and infrastructure sectors will require Rs 10.4 trillion (or Rs 10.4 lakh crore) from the bond market over the next 5 years, Crisil said in a report.

Fin Min for relaxation of norms for loans to infra sector

Last Updated: Sunday, November 24, 2013, 16:28

The Finance Ministry has favoured relaxation of lending rules for infrastructure projects so as to expedite them.

SBI chief seeks new financial products to fund infra sector

Last Updated: Sunday, November 24, 2013, 15:53

With lenders experiencing stress on their infra loan books, the head of country's largest bank SBI has called for a need to introduce new products to finance the long-gestation projects, including refinancing the loans every five years.

Infra cos pay over $1 bn in finance, interest costs in H1

Last Updated: Sunday, November 24, 2013, 13:44

India's major 10 infrastructure companies have together paid out more than USD 1 billion towards finance and interest costs during the first half of fiscal, resulting in huge dents in margins in some cases.

'Cut imports, revive infra investment to restore growth'

Last Updated: Sunday, November 24, 2013, 13:32

Slashing imports, augmenting exports and reviving investment in key infrastructure sectors by offering them tax breaks will help turnaround the economy and bring growth to over 7 percent, an Assocham panel has said.

Govt to firm up plans for Infrastructure Trust Fund soon

Last Updated: Tuesday, November 19, 2013, 21:26

The Finance Ministry is firming up plans for a new Infrastructure Trust Fund aimed at accelerating the flow of long-term investments in various projects.

ADB to provide $10 bn assistance to India over 5 years

Last Updated: Wednesday, November 6, 2013, 15:29

Multilateral lending agency Asian Development Bank (ADB) will provide loan of USD 2 billion annually for five years till 2017 to India to create jobs, enhance investment reforms, and improve infrastructure.

Core sector grows by 8% in Sept, highest in 11 months

Last Updated: Thursday, October 31, 2013, 18:15

Reflecting pick up in industrial activity, the core sector industries recorded 8 percent growth in September, highest in the past 11 months.