This announcement will widen the base of investors, especially mid-sized financial institutions.
The banks argue since the scale of credits is unforeseen, they will have to bear an unknown cost of servicing these accounts.
A few weeks ago, when Road Transport & Highways Minister Nitin Gadkari launched an electronic toll-collection system on the Delhi-Mumbai highway, television channels reported live from toll plazas showing vehicles with radio frequency identification (RFID) tags in dedicated lanes that did not have to stop for paying cash.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
Need for consent of affected families and social-impact assessment could go.
Though some operators offer the facility of tag lanes, such tags can only be used at designated points.
Will be given choice of govt and privately funded modes to put highway projects that didn't get bids under PPP model.
Gurgaon and Mumbai, the richest cities in Haryana and Maharashtra, respectively, have always been the preferred markets for investors. Most parts of these cities are beyond the reach for those looking for affordable homes.
There is continued shift by passengers from rail to other modes of travel, thanks to improvement in road connectivity and the shrinking differential in high-end rail and low-end air travel.
The new system will entail a periodic revision in the price of subsidised LPG cylinders so that the subsidy remains fixed.
For the June quarter, sales for DLF were down 25 per cent at Rs 1,725 crore (Rs 17.25 billion) over the same quarter a year earlier.
During the first half of 2014 (a slow phase), Godrej Properties notched Rs 1,900 crore (Rs 19 billion) of sales, almost equivalent to what was recorded in all of 2013.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
With sentiment up, launch of new projects revives, though much dissent on whether this is a real return of a positive market
Lack of clarity on the overhaul of the subsidy-sharing mechanism by upstream companies.
Brotin Banerjee, managing director and chief executive officer, talks to Business Standard on how the e-commerce space has broken down the barriers between a buyer and a seller.
The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs).
Consumer durables and electronics companies are putting the final touches to their festive period plans.
The seasons in 2012 and 2013 went by with hardly any property launches, mainly due to an economic slowdown and a need to clear the backlog
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