The US president had in past expressed dismay with the $2.3 trillion package that Congress passed Monday, which includes $900 billion in coronavirus relief and $1.4 trillion to fund the government until October, conflating the two bills and saying the spending goals were misguided.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
About railways sector, the Survey said that it is facing stiff competition from other modes of transportation and the government is initiating various transformative measures to keep railways on track.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
The thrust will be on improving connectivity in economic corridors and remote and border areas with a view to hike trade and enable faster movement of cargo.
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And with prices low, the equilibrium real exchange rate will also be low, that is to say depreciated.
We have brought about a slew of reforms that would help improve governance and also facilitate industrial growth, Rajasthan Chief Minister Vasundhara Raje tells Sahil Makkar.
From a dismal Airport Service Quality ranking of 101 in 2006, it topped the list in 2016.
Any such acquisition, if at all, should only be in exceptional cases
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
Big challenge to garner sizeable additional resources.
The US presidential election slated to be held in November appears to have tightened as a series of latest national polls projected that Republican Donald Trump has gained some ground in the last week against Hillary Clinton of the Democratic Party.
'We still need a certain number of large public sector banks for financial inclusion and stability purposes.'
Congress leader Sachin Pilot, who was recently appointed the Rajasthan Pradesh Congress Committee chief, says people are disenchanted with the Vasundhara Raje government.
A 20-member delegation of leading industrialists, including Harsh Neotia, Sanjay Budhia, Sanjay Agarwal and Utsav Parekh, are also accompanying her on the trip.
All FIPB records will now be digitised; old and unnecessary files will be weeded out
The ministry has also decided to offer station for redevelopment by inviting open bids from companies.
The Reserve Bank on Monday eased norms for structuring of existing long-term project loans to infrastructure and core industries, to revive stalled plans and help banks tide over mounting bad loans.
Road Transport Minister Nitin Gadkari known for promoting innovative ideas in transportation, created a stir some time back when he pitched for 100 per cent electric mobility by 2030. In an interview with Megha Manchanda & Jyoti Mukul, he talks about the Central Road and Infrastructure Fund (CRIF) and electric vehicles.
Congress campaign seeking to paint the ruling party as anti-poor and anti-farmer seems to have unnerved the BJP, feels T N Ninan.
China would be an influential player in the bank
Has the rail ministry taken care to draw up a transparent framework?
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The estimated market borrowing by these two companies during current fiscal were pegged at Rs 13,800 crore (Rs 138 billion) from markets, as per the interim Railway Budget for 2014-15 tabled in February.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
According to a senior government official, the plan is to do "collective bargaining" for certain medical devices and implants by assuring a bulk requirement to the manufacturers. "The requirement for these devices runs into millions. We assure them that the requirement is going to be in bulk. In return, they should offer us better rates," he said.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Around Rs 2 trillion will flow in over the next five years for development of urban areas across India.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
Modi linked cleanliness to tourism and global interest in India and stressed that world-class levels of hygiene and sanitation are required in the top 50 tourist destinations to bring about a 'paradigm shift' in the global perception about the country.
100 smart cities to become a reality as Cabinet approves the project, earmarks Rs 100 trillion for the purpose.
'There is merit in appointing people with ability and energy, then leaving them to do the job.' 'The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan.
'No private project will take off at such high interest rates'
'If some measures are implemented quickly, they can help revive growth.'
Kerala chief minister will inaugurate CIAL's green initiative.
India should not miss the opportunity to develop high-speed railway.
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
The idea of modernising railway stations under a PPP arrangement was aired several years ago by the then railway minister, Lalu Prasad, who visualised attracting Rs 15,000 crore (Rs 150 billion) investment in 22 stations.
Counting has begun for the election which will be the second democratic transition of power in the nation's 70-year history.
The macroeconomic environment has changed dramatically for the better.
NHAI to pay only Rs 175-200 cr as it takes over from concessionaire
