Projects

India Inc continues to remain under pressure Based on the consumption and industrial trends, a large number of sectors have been reporting a gradual recovery to the pre-COVID levels, according to a report by ICRA Ltd. Many sectors have recovered...

InvIT offers investment opportunities In a path-breaking reform, the Cabinet Committee on Economic Affairs (CCEA) has approved monetisation of POWERGRID assets worth more than Rs.70,000 crore through an Infrastructure Investment Trust (InvIT) model. This is the first time any PSU...

Renewable energy for every village Technology holds the key to scale up the use of solar energy and the technological achievements have already brought about a significant reduction in the price of solar power, Prime Minister Narendra Modi has told...

Neem-coated urea plants due for completion by 2021 The Indian Government has approved a grant of Interest-Free Loan of Rs.1,257.82 crore to Hindustan Urvarak & Rasayan Limited (HURL) to start commercial production of neem coated urea at Gorakhpur, Barauni and...

Project to introduce high-level RRTS technologies The Asian Development Bank (ADB) has signed a US$500 million loan, the first tranche of a total US$1 billion facility, to build a modern, high-speed 82-kilometer Delhi-Meerut Regional Rapid Transit System (RRTS) corridor that...

Technological maturity demonstrated The Defence Research and Development Organisation (DRDO) has demonstrated the hypersonic air-breathing scramjet technology with the flight test of Hypersonic Technology Demonstration Vehicle (HSTDV) at 1103 hours on 7 Sept 2020 from Dr APJ Abdul Kalam Launch...

Goyal tackles the land issue A Dashboard is being created to monitor km by km progress of the Dedicated Freight Corridor (DFC) of Indian Railways with constant weekly monitoring and meetings with stakeholders that have led to the acquisition of...

Project to develop reliable, resilient and safe roads The World Bank has signed a US$82 million loan for the implementation of the Himachal Pradesh State Roads Transformation Project for improving the condition, safety, resilience, and engineering standards of the state...

India is creating a unique digital model The continued regulatory reforms in bond markets ensure improved ease of access for investors, Prime Minister Narendra Modi has told American investors on 3 Sept 2020. There are tax exemptions to ‘Sovereign Wealth...

Silver lining during festivities! Restrictions on manufacturing, industrial, construction and consumption activities for the major part of Q1 FY2021 due to the imposition of nationwide lockdown primarily hurt the financial performance of the Indian Corporate sector. This assessment was given...