The Indian economy has been on a high- growth trajectory during the past three to four years, notwithstanding structural shocks such as the implementation of the goods and services tax and demonetisation causing a blip […]
The pick-up in construction activity across the country has been aided by various reforms and initiatives taken by the government in the past two to three years. A slew of measures ranging from removal of […]
The infrastructure sector has been the government’s biggest focus area for several years now. This can be especially seen from the huge budget allocation of Rs 5.97 trillion for the year 2018-19. The increased impetus […]
The construction industry and its value chain and ancillaries depend heavily on infrastructure activity for growth. The sector is also the largest employment generator outside of agriculture. The past two years have seen improvements in […]
With acceleration in infrastructure activity in the past two to three years, the construction sector, after a long period of slowdown, has benefited a great deal. As a result, the profitability of some construction companies […]
The Indian economy has shown strong growth in the past five years with GDP growth at current prices crossing 8 per cent on a regular basis since 2013-14. The construction sector’s gross value added (GVA) […]
The infrastructure sector is a key driver for the Indian economy and is largely responsible for propelling the country’s overall development. The government is focused on initiating policies to ensure the creation of world-class infrastructure. […]
The Directorate General of Civil Aviation has granted a licence to Steel Authority of India Limited for operating flights from Rourkela airport in Odisha under the RCS. The licence has been granted after the Ministry […]
The Kerala government has formed an SPV – Thiruvananthapuram International Airport Limited – to take over the operations and management of the airport, which has recently been approved for privatisation. Thiruvananthapuram airport is among five […]
The central government and the MoCA have laid foundation stone for the development of a new civil enclave at the existing Darbhanga airport in Bihar. A new terminal building will be built on 15,000 square […]
The Punjab government has entered into an MoU with the Airports Authority of India (AAI) to develop a new civilian international air terminal at the Halwara air force station near Ludhiana. The airport will be […]
Jet Airways has signed a code-share agreement with Saudi-based airline Flynas to operate flights in their respective territories, effective December 11, 2018. As part of the agreement, Jet Airways will place its marketing code “9W” […]
The Oil and Natural Gas Corporation plans to drill 200 development wells in Sivasagar district of Assam. Of these 200 wells, 70 will be drilled in the Geleki field with average depths ranging from 2,200 […]
Cairn India Limited plans to augment the production capacity of its RJ-ON-90/1 block in Barmer in Rajasthan. The production capacity is to be increased to 400,000 barrels of oil per day and 750 million standard […]
The refinery-cum-petrochemicals project at Ratnagiri in Maharashtra is likely to be delayed by three years. Initially, the project was planned to be commissioned by 2022, but now the commissioning date is expected to be pushed […]
The foundation stone for the development of the Paradip-Hyderabad product pipeline (PHPL) and the Bokaro-Angul section of the Jagdishpur-Haldia and Bokaro-Dhamra Gas Pipeline (JHBDPL) project was laid on December 24, 2018. The 1,212 km long […]
Petronet LNG Limited has planned the capacity expansion of its Dahej liquefied natural gas (LNG) terminal in Gujarat from 15 million tonnes per annum (mtpa) to 20 mtpa. The project is expected to entail an […]
IOCL is planning to invest Rs 6 billion-Rs 7 billion for augmenting its liquefied petroleum gas (LPG) production facility and LPG storage facility across northeast India. This is in response to an increase in LPG […]
The Ministry of Petroleum and Natural Gas (MoPNG) has released the notice inviting offer and the model revenue sharing contract for Open Acreage Licensing Policy (OALP), Bid Round II. Under this round, 14 exploration and […]
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