infrastructure sector

New Delhi, April 1 The cement industry is expected to grow by 7-8 per cent in the current fiscal year, supported by sustained demand from the housing and infrastructure sectors, a report by rating agency ICRA said.However, profitability will remain under pressure due to rising input costs and...

New Delhi, March 31 Asset reconstruction companies (ARCs) are likely to see a rise of 700 basis points in the cumulative recovery rate of security receipts (SRs) in the upcoming fiscal, bringing the total to about 90 percent, according to a report.Healthy performance and the resolution of...

New Delhi, March 24 Jindal Steel announced on Tuesday that it has doubled the steel-making capacity of its Angul facility to 12 million tonnes per annum.With this expansion, Angul has become one of the largest single-location steel plants in India, taking Jindal Steel's overall capacity to...

New Delhi, March 20 Production growth in eight core infrastructure sectors slowed to a three-month low of 2.3 per cent in February due to a contraction in the output of crude oil, natural gas, and refinery products.According to government data, these eight sectors expanded by 3.4 per cent in...

New Delhi, March 2 Finance Minister Nirmala Sitharaman met with Zou Jiayi, the newly appointed President of the Asian Infrastructure Investment Bank (AIIB), on Monday, and emphasized the need to increase investments in member countries.Both leaders discussed strengthening the India-AIIB...

Union Finance Minister Nirmala Sitharaman met with the new President of the Asian Infrastructure Investment Bank (AIIB), Zou Jiayi, in New Delhi today. During the meeting, both sides discussed strengthening the partnership between India and AIIB. In a social media post, the Ministry of Finance...