OECD asks India to ease regulatory burden for economic growth

Last Updated: Monday, February 9, 2015, 23:01

While acknowledging that barriers to FDI have been reduced by India in various sectors, the Paris-based think tank said that more needs to be done for efficient allocation of capital.

Finance Ministry mulling hiking lock-in period for PPF account

Last Updated: Wednesday, February 4, 2015, 18:14

The Finance Ministry is considering a proposal to raise the minimum lock-in period for withdrawal from PPF account from six to eight years to attract longer term funds for infrastructure development.

NHIDCL to work on Rs 34,300 cr projects in first tranche: Gadkari

Last Updated: Wednesday, January 28, 2015, 15:01

He said NHICL, on the lines of NHAI, will expedite projects mainly in North Eastern regions and strategic areas like in parts sharing international borders to boost economic activities besides job creations.

New Asian bank to be operational by year-end

Last Updated: Friday, January 2, 2015, 19:52

The Asian Infrastructure Development Bank (AIDB) is expected to go into operation before the end of 2015, according to China`s ministry of finance.

China may have spent $409 bn on infrastructure development

Last Updated: Monday, December 29, 2014, 15:22

China's investment on development of roads, railways, airports and waterways is expected to hit USD 409 billion by the end of the year as the Communist Nation continues to rely on the sector to sustain growth.

Uttar Pradesh clears ropeways construction at religious spots

Last Updated: Wednesday, December 11, 2013, 09:20

The Uttar Pradesh government has given a green signal for the construction of ropeways in Barsana, Mirzapur and Chitrakoot- all religious places and known to attract thousands of devotees each year, an official said.

Govt pushes crores to develop 8 towns around Bangalore

Last Updated: Monday, September 2, 2013, 15:07

The Karnataka government is drawing up a Rs 2,100 crore project with loan assistance from Asian Development Bank, to develop and upgrade eight city clusters around Bangalore.

Cabinet nod for continuation of JNNURM till March 2014

Last Updated: Thursday, January 17, 2013, 18:47

The government on Thursday decided on continuing the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to sanction new projects till March next year.

Maharashtra mulls scheme for `minority` panchayats

Last Updated: Tuesday, January 15, 2013, 10:26

The Maharashtra government plans to extend its infrastructure development scheme in minority dominated civic bodies to gram panchayats.

SEBI imposes Rs 20 lakh fine on entity in IPO fraud case

Last Updated: Thursday, December 20, 2012, 21:31

Capital market regulator SEBI has imposed a penalty of Rs 20 lakh on one Biren Kantilal Shah for his alleged fraudulent trade practices in IPOs of Suzlon Energy and Infrastructure Development Finance Co Ltd (IDFC) in 2005.

L&T Infra signs Rs 100-cr MoU with software firm SenSen

Last Updated: Monday, October 29, 2012, 19:51

Larsen & Toubro Infrastructure Development Projects Ltd (L&T IDPL) Monday signed a memorandum of understanding (MoU) worth Rs 100 crore with Australian software firm SenSen Networks.