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First-time home buyers? Avoid these places

Last Updated: Wednesday, July 22, 2015, 21:07

Property consultant JLL India has advised home buyers to avoid certain locations, including Noida Extension, in Delhi-NCR real estate market due to delays in projects delivery, oversupply, speculation and lack of infrastructure.

Govt spending to help boost credit growth: HDFC Bank

Last Updated: Tuesday, July 21, 2015, 19:35

HDFC Bank on Tuesday said the recent rate cuts by the Reserve Bank coupled with the government's efforts to kickstart infrastructure investments, will help drive the sagging credit growth in the industry.

RInfra to seek operational subsidy to keep metro fares low

Last Updated: Monday, July 20, 2015, 17:13

Reliance Infrastructure-led Mumbai Metro One Monday said it will seek metro operational subsidy from the state government to keep the fares lower, even as the fare fixation committee has recommended its revision in the range of Rs 10 to Rs 110 for the over 11-km-long corridor.

Punj Lloyd shortlisted for Zu 23 air defence gun upgrade

Last Updated: Friday, July 17, 2015, 15:34

Infrastructure major Punj Lloyd has been shortlisted by the Defence Ministry for upgrading the Zu 23 air defence gun.

Centre, states discuss ways to boost exports

Last Updated: Wednesday, July 15, 2015, 17:13

The Commerce Ministry on Wednesday asked states to expedite infrastructure development process and formulate a trade policy in order to boost exports.

Reliance Industrial Infra reports Rs 4.44 cr Q1 net profit

Last Updated: Wednesday, July 15, 2015, 11:48

Reliance Industrial Infrastructure Ltd (RIIL) has reported a net profit of Rs 4.44 crore for the first quarter of this fiscal, down 20.8 percent from the year-ago level.

Govt intervention key to sustain growth: India Ratings

Last Updated: Monday, July 13, 2015, 20:08

India Ratings Monday retained its 7.7 percent growth forecast for this year but called for continuous government interventions to fill the deficits in physical and social infrastructure spaces for long-term higher growth.

Centre aims to build 30 km NH every day: Nitin Gadkari

Last Updated: Friday, July 10, 2015, 19:58

He said his ministry had already set a target to spend Rs 5 lakh crore in road infrastructure and Rs one lakh crore in inland water projects within five years.

IRB Infrastructure bags Rs 2,650-cr contract from NHAI

Last Updated: Tuesday, July 7, 2015, 16:19

The cost of the project is estimated at Rs 2,650 crore with construction period of 910 days and the concession period for the same is 24 years.

China nominates Jin Liqun as AIIB president

Last Updated: Monday, July 6, 2015, 18:39

China Monday named a former finance minister as its choice to head the Beijing-backed Asian Infrastructure Investment Bank (AIIB) which is being seen as a rival to the US and Europe-dominated banking institutions.

AIIB will not negatively impact BRICS Development Bank: China

Last Updated: Wednesday, July 1, 2015, 17:48

The bank will complement existing multilateral banks connectivity in the region.

China parliament ratifies BRICS Bank agreement

Last Updated: Wednesday, July 1, 2015, 14:06

China`s largely rubber-stamp parliament ratified an agreement with the world`s largest emerging nations on Wednesday to create a new development bank, state news agency Xinhua reported.