Infrastructure Sector, Finance Sector Updates | Indian Economy Updates | India Economic News

Indian Economy Latest Updates :

April 2008 Infrastructure Sector Latest Updates:

• Tata's Nano model for apparel may see $ 3bn take rural roads - (19/4/2008)
• Greaves Cotton inks deal with German co - (19/4/2008)
• Arunachal Pradesh set to have world-class infrastructure - (17/4/2008)
• Trucking sector may attract Rs 2 tn investments by 2010 - (17/4/2008)
• Policy on greenfield airports soon: Patel - (17/4/2008)
• 3i beats target to raise $1.2 bn for India Infrastructure Fund - (17/4/2008)
• Korean cos keen to set up hub in Haryana - (16/4/2008)
• World's 2nd discovery park to come up in India - (15/4/2008)
• MMTC to set up chain of warehouses, gems, jewellery SEZ - (14/4/2008)
• GVK may spin off energy business into separate co - (14/4/2008)
• India-Oman plan JV for core projects - (14/4/2008)
• Indus to buy Rs 206 crore equity in Uppal SEZs - (14/4/2008)
• Govt expects exports from SEZs to touch Rs 125,000 cr in FY'09 - (11/4/2008)
• J & K govt spends Rs 15 crore on road upgradation project - (11/4/2008)
• Govt to set up regulator for construction industry - (10/4/2008)
• Delhi govt approves 3-level grade separator on NH-4 - (8/4/2008)
• Mantri, IL&FS to develop IT SEZ at Nagpur - (7/4/2008)
• No takers for Rs 4,000-cr government aid
• Nagaland signs 2 pacts with Korean co
• Core sector grows by 8.7% in February
• Chopper Class: Govt plans airports for helicopters
• Green tilt in energy balance
• Nagarjuna, Maytas Infra to develop Karnataka airports
• IVRCL bags orders worth Rs 484 cr
• India set to sign transport project agreement with Myanmar

Indian Economy - Finance Updates April 2008 :

• PE deals fall apart in M&A Street
• MBGB exceeds Rs 2 cr business per employee target: CMD
• Azad takes up sop exemption issue with PM
• CRR hike would put upward pressure on interest rates: PHDCCI
• Punjab, Haryana project Rs 650 cr loss due to CST cut
• J&K to sanction Rs 207 lakh subsidies to 32 industrial units
• FDI outflow doubles to $18 bn during Apr-Dec
• Home, retail loan rates likely to rise following CRR hike
• Bankers to wait till RBI policy before taking call on rates
• RBI hikes CRR by 0.5 per cent to control inflation
• India's FY-08 indirect tax receipts at Rs 2.79 tn
• FIIs cut exposure in Indian equity markets
• US Eximbank approves $2.2 billion program for India
• I&B ministry gets Rs 1,910 crore for the current fiscal
• A repo rate hike by RBI likely, says BoI chief
• Fertiliser subsidy bill to rise to Rs 1 lakh crore: Paswan
• Haryana collects Rs 10,000 crore as taxes last fiscal
• Banks in a spot as govt sits on crop-loan interest subsidies
• Capital goods sector earnings may slowdown in Q4: Analysts
• Banks board slow coach as credit growth slips to 24% in 2007-08
• Coal India pays Rs 1,705.42 cr dividend to govt
• Direct tax collections surpass target in West Bengal region
• Overseas borrowings drop to less than $1 bn in February - (9/4/2008)
• NABARD Focus paper estimate credit flow of Rs.37,546 crores - (8/4/2008)
• Finance Ministry approves new Rs 50,000 cr APDRP scheme - (8/4/2008)
• Foreign fund restrictions to boomerang: Raghuram panel
• Grant Rs 5,000 cr for setting up SEZs in JK: Assocham
• CRR hike may leave banks with little to lend
• 10 lakh backward class families benefit from NBCFDC loans
• JPMorgan's John Coyle joins Permira
• Indian investors get more room to diversify abroad
• WB, ADB may lend directly to urban bodies
• India raises overseas investment limit for funds
• 'India needs $500 nn investment to sustain growth'
• Centre releases Rs 65 cr to revive lakes in J&K
• Refund claims may rise on derivatives losses
• 'India important source of FDI in US'
• Microcredit raises hopes for farm widows
• Retail sector may get service tax relief
• BJP seeks Rs 1,000 cr relief package from Centre
• CST phaseout to miss deadline
• Repo rate, CRR hike on cards
• DA announced for Punjab employees