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Stimulus From Public-Private Partnership (PPP)
Projects
16th May 2009
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- PPP projects in the fields of
roads, real estate, power, ports and transport etc. expected to provide a $40
billion (Rs. 2,000-billion) stimulus for the Indian economy.
- Ongoing PPP projects valued at
$26.7 billion (Rs. 1,336 billion).
- Top five infrastructure sectors -
roads, real-estate, power, ports and transport – are estimated to contribute
more than 83% of the total outlay.
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No Slowdown For The Indian Railways
16th Apr 2009
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- During April 2008 - February 2009,
Indian Railways’ total earnings reached to $14.4 billion (Rs.71,765.77 crore)
with an increase of more than 12% from $12.8 billion (Rs.64067.52) crore
during the same period a year ago.
- The total goods earnings have gone
up to $9.8 billion (Rs.48800.85) crore with an increase of 12.75% from $8.7
billion (Rs.43,283.39 crore).
- Total passenger revenue rose 11% to
$4.0 billion (Rs.19,906.81 crore) as compared to $3.6 billion (Rs.17,934.08)
crore during the same period previous year.
- Number of passengers during April
2008 - February 2009 was reported at 6,485 million, up 6.32% from 6,099.25
million in the same period last year.
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Indian
Steel Market Bucks The Global Downtrend
16th Apr 2009
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- Steel output in India increased by 2.8% to 4.74
million tonnes in February 2009 compared with 4.61 million tonnes in the same
month last year.
- In comparison, the global steel output has
dropped by 22% at 84 million tonnes in February 2009.
- Steel Authority of India Ltd (SAIL), Tata Steel,
Jindal South West (JSW)
group and Essar Steel,
the four leading steel producing companies of India, have resumed normal
production with full capacity. These companies had reduced their output by up
to 40% in October 2008 due to lower demand.
- SAIL, the largest steel producer in India, has
posted 9% growth in its sales to 1.17 million tonnes from a year ago.
- Tata Steel has posted a 47% increase
in its sales in India in February 2009 compared with the same month last year.
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Highlights From The Interim Budget
2009-10
26th Feb 2009
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- A healthy 7.1% rate of Gross Domestic Product (GDP) growth expected in
2008-09, making India the second fastest growing economy in the world.
- The Government of India accorded approval for 37 infrastructure
projects worth $14.4 billion (Rs.70000 crore) from August 2008 to
January 2009 alone.
- Under the Public Private Partnership (PPP) mode, 54 Central Sector
infrastructure projects with a total project cost of $14 billion
(Rs.67700 crore) have been given in-principle or final approval by the
PPP Appraisal Committee in 2008-09.
- 23 projects amounting to $5.75 (Rs.27900 crore) have been approved for
viability gap funding in 2008-09.
- During 2007-08, India received a record $32.4 billion of foreign
direct investment (FDI).
- Inward FDI flows during April-November 2008 were $23.3 billion,
representing a growth of 45% over the same period in 2007, despite the
global financial crisis. The annual growth rate, however, will be
lower because the latest figures show a slowdown.
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Indian Industry Facts and Trends
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Automobile
| Biotech | Information
Technology | Infrastructure | Media
| Pharmaceuticals | Real
Estate | Retail | Telecom
| General |
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