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.

China May industrial output up 6.1% on-year: Government

Last Updated: Thursday, June 11, 2015, 13:34

Industrial output, which measures output at factories, workshops and mines, rose 6.1 percent year-on-year in May, the National Bureau of Statistics said in a statement.

Australia considers joining Asian Infra Investment Bank

Last Updated: Friday, March 13, 2015, 13:58

Australia will consider joining the Asian Infrastructure Investment Bank (AIIB), Treasurer of Australia Joe Hockey said on Friday, a day after Britain applied to join the China-proposed bank as a founding member.

Investment in infrastructure to go up by Rs 70,000 cr, separate Fund to be set up

Last Updated: Saturday, February 28, 2015, 16:45

Finance Minister Arun Jaitley has proposed an increase in investment in infrastructure by Rs 70,000 crore in the year 2015-16 over the year 2014-15 from the Centre’s funds and resources of CPSEs.

'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.

'India could miss projected infra investment'

Last Updated: Saturday, March 30, 2013, 22:37

Of the projected Rs 56.32 lakh crore investment during the 12th Plan period, about Rs.29 lakh crore is likely to be invested by the government and the rest by the private sector.

CII asks Govt to announce package for MSME in Budget

Last Updated: Wednesday, January 23, 2013, 18:55

Industry body CII on Wednesday asked the government to announce a package, including creation of different funds, in the forthcoming Budget for Micro, Small and Medium Enterprises (MSMEs) to boost growth potential of the sector.

Budget needs to focus on promoting infra investment: CII

Last Updated: Sunday, January 20, 2013, 11:25

Industry body CII has sought urgent steps in the forthcoming Budget to make the infrastructure sector viable and capable of attracting capital.

Budget needs to focus on promoting infra investment: CII

Last Updated: Sunday, January 20, 2013, 11:22

Industry body CII has sought urgent steps in the forthcoming Budget to make the infrastructure sector viable and capable of attracting capital.

Infra investment may fall short by 5% in 11th Plan

Last Updated: Tuesday, October 18, 2011, 22:27

Investment in the infrastructure sector is likely to fall short by five percent of the target of Rs 20,56,150 crore for the 11th Five Year Plan ending March 2012, according to the Plan panel's projections.

India offers huge infra investment opportunities: Pranab

Last Updated: Friday, September 23, 2011, 00:30

Reiterating commitment towards policy reforms, Finance Minister Pranab Mukherjee has said the country offers huge scope for US firms to participate in its USD 1 trillion infrastructure development plan.