Banking & Finance

Work starts of World Trade Centre   Vice President at Foundation Stone laying with Minister Puri. Adoption of holistic approach to urbanisation for upscaling urban infrastructure is underway, said Hardeep Singh Puri, Minister of State for Housing and Urban Affairs....

Work progresses on housing schemes The Ministry of Housing and Urban Affairs said 1,333 projects worth Rs.50,626 crores have been completed or are under implementation/tendering as part of the Smart City Mission (SCM). Overall projects worth Rs.2,03,979 crores have been...

Cabinet sanctions Rs.1,029.49 Cr for Phase I   The Cabinet Committee on Economic Affairs has approved the Freight Village, an Integrated Multi Modal Logistics Hub (IMLH), at Nangal Chaudhary in Haryana. Located on 886.78 acres of land, it is to...

More residential developments likely along new route The Delhi Metro corridor is being extended by 6.675 km from Noida City Centre to Sector-62 of Noida in Uttar Pradesh, boosting transportation network and residential developments along the route. The Union Cabinet...

Surbana Jurong to do Pune masterplan Singapore and Maharashtra has agreed to jointly work on the masterplan and undertake urban infrastructure developments in the Pune Metropolitan Region (PMR) and collaborate in the development of the Pune Airport. A series of...

Biofuels policy based on ethanol approved   The Union Cabinet has approved National Policy on Biofuels 2018 with likely funding schemes for bio refineries and setting up of supply chain mechanism. The policy promotes use of ethanol produced from agricultural...

Task force works on coal cost control A task force has worked out mechanism to reduce landed price of coal, leading to savings in cost of power generated and reduce transportation cost. The Inter-Ministerial Task Force (IMTF) said savings achieved...

NER's rich in water resources Prof. Sachin Chaturvedi, Director General, Research and Information System for Developing Countries (RIS) has recommended a think-tank on the North Eastern Region (NER) at the Central Government level. “There were several important recommendations discussed in...

Manufacturer in talks with Indian businesses The UK-based MPE is working on increasing its services in the Indian defence sector. It has currently established network through Bronze Distribution Partner for India, Strongfield Technologies Limited (info@strongfieldtech.com). "We are in discussions with a...

Alumina production target at 2.1 million tons National Aluminium Company Limited (NALCO) has set a challenging capital expenditure (CAPEX) target of Rs.1,100 crore for the year 2018-19 with projects like the one million tonne 5th stream of refinery. Its other...