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Finance Minister to meet India Inc and bankers to discuss over stalled projects

Finance Minister P Chidambaram would meet India Inc leaders and bankers here to kick start stalled projects. Many chief executives say projects are stalled due to issues related to land... Full Story

Debts of infrastructure under PPP mode to be Treated as Secured Lending

On 18th March 2013, Reserve Bank of India (RBI) has eased the norms for treating bank loans as secured finance... Full Story

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MoEF relaxes Environmental Clearance for Projects Requiring Forest Land

The guidelines issued by the Ministry of Environment and Forests (MoEF) provide that in case a project involves forest land,... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

MNRE amends viability gap funding guidelines
The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the implementation of the viability gap funding (VGF) program for solar photovoltaic... Full Story
Environment impact assessment (EIA) not necessary for realty projects : MoEF
Hence forth realty projects need not submit environment impact assessment (EIA) reports. As per new directives, the realty projects will be scrutinized only on the basis... Full Story
CIDCO propose to create a new township for person affected by Navi Mumbai airport project
Maharashtra Govt is propose to create a new township spread over 500 acres (200 hectares) that would be owned by project affected persons (PAPs) of... Full Story
Governement to extend infra status to Hospitality sector
The Government is considering extending the “infrastructure status” to all hotel projects with capital expenditure of Rs 250 crore and above. The move will provide... Full Story
Cabinet Committee on Investment (CCI) meetings to hold twice a month.
The government may soon review the timelines given to public sector undertakings (PSUs) for investing surplus cash. The capital expenditure plans of PSUs for the... Full Story
Sops for NIMZs units
government today issued norms for setting up of National Investment and Manufacturing Zones (NIMZs) with host of benefits, including exemption from capital gains tax. There will... Full Story
Govt to decide on compensating PPP project hit by clearances
The government has decided to compensate road projects under public-private partnership (PPP) model which are hit by delay in approvals from the government. The issue was... Full Story
National Housing Bank appeal RBI a hike in ECB
The National Housing Bank (NHB) is planning to appeal the RBI seeking a hike in external commercial borrowings (ECB) limit for low-cost housing which is... Full Story