Major ports handled 326.38 million tonnes (mt) of cargo traffic during the first six months (April-September) of the current fiscal year (2017-18), registering a growth of 3.24 per cent. The growth was supported by an […]
The road sector has gone through a phase of course correction with the evolution of a wide variety of implementation models. These models and their variants were introduced to cope with the financial and structural […]
The Ujwal Discom Assurance Yojana (UDAY) was launched by the government in 2015 with the aim of providing a permanent solution to the problem of deteriorating discom finances. About 86 per cent of the scheduled […]
In a move that could have serious implications on the ongoing consolidation saga in the Indian telecom sector, Reliance Communications (RCOM) has called off its merger with Aircel, citing inordinate delays caused by legal and […]
The Power Finance Corporation (PFC) has extended loans totalling Rs 13.29 billion to Uttaranchal Jal Vidyut Nigam Limited (UJVNL) and Power Transmission Corporation of Uttarakhand Limited (PTCUL). Of the total amount, Rs 3.09 billion has […]
The central government has agreed to sanction Rs 20 billion for the construction of a 418 km national highway connecting East Godavari district and Vizianagaram. The national highway will begin from Rajamahendravaram in East Godavari […]
A merger of the existing 11 government-owned oil companies was proposed by the Ministry of Finance in Union Budget 2017-18. In the budget speech, the ministry proposed the creation of an integrated public sector oil […]
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