Projects

The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed further reduction in GST rates, calling it a big boost for the Indian real estate sector as it will help propel the demand in housing.

Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation Nitin Gadkari has inaugurated and laid foundation stone for projects worth Rs.5,894 crore at Chandi Ghat in Haridwar on 22 Feb 2019.

Tenders have been issued for 2,998 projects of worth Rs.115,027 crore for India’s 100 Smart Cities, all of which now have Special Purpose Vehicles in place, said the Ministry of Housing and Urban Affairs.

A report on 'Cybersecurity in Smart Cities', has suggested a five-point action plan to enable smart cities to keep pace with the cybersecurity needs and build a cyber-resilient and trusted environment across the entire value chain.

The Prime Minister, Narendra Modi, said technology is bridging the gap between the haves and have-nots in India while the Government looks forward to a US$10 trillion economy.

Hindustan Aeronautics Ltd (HAL) has signed an MoU with Central Public Works Department (CPWD) for the execution of the stage 2 works of infrastructure development works at its Green Field Helicopter factory in Tumakuru.

The negotiations to upgrade Comprehensive Economic Partnership Agreement have been fast-tracked to achieve the bilateral trade target of US$50 billion by 2030, Prime Minister Narendra Modi told 'India-ROK Business Symposium' during his visit to Seoul.

Saab Aerostructures has awarded a contract to its joint venture in India to manufacture the structural assembly for the Over Wing Doors (OWD) on the Airbus A321neo program.

Commerce and Industry Minister, Suresh Prabhu, has expressed the hope that the ASEAN member nations and India will collectively work in a determined manner to ensure early conclusion of a Regional Comprehensive Economic Partnership (RCEP) agreement.

Petroleum and Natural Gas Minister Dharmendra Pradhan has given details of reforms in Exploration and Licensing Policy for Enhancing Domestic Exploration and Production of Oil and Gas.