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Bio Diesel Summit

Hosted by ICEMA, the Bio Diesel Summit, which was held virtually on January 24-25, 2022, stressed on substituting diesel with alternative fuels.

India may lose second largest stainless steel producer spot to Indonesia in CY2021: ISSDA

Massive capacity build-up by Chinese stainless-steel companies in Indonesia to become operational this year | Surplus production may be targeted at Indian markets

All about vehicle scrappage policy!

CARE Ratings scrutinises the vehicle scrappage policy, which was unveiled by Road Minister Nitin Gadkar in the Lok Sabha recently.

Towards better Mining

The measures announced by the government for mining industry are expected to have a positive impact in the coming years.

LiuGong, UOB ink strategic pact for Southeast Asia

LiuGong has successfully signed a Memorandum of Understanding (MoU) with the United Overseas Bank for partnership in machinery financing in Southeast Asia.

Crushers & Screens| High on Demand

With infrastructure and construction sector on fast-track, especially road sector, aggregate processing has become essential to support the construction activities with a matching pace.

A Constructive Budget

The construction equipment segment in India has something to cheer about from the Budget measures such as more fund allocation to rural roads and highways construction, and announcement of infrastructure status to affordable housing.

Budget Reaction | Schwing Stetter

There are many positives in this year?s Budget. Sufficient thrust has been given for the sectors across Transport, Infra-structure development including rail road, highways, PMGS program etc. Reduction in the holding period for long term capital gain from 3 years to 2 years and advancing the base year for calculating the indexation for cost of acquisition from 1981 to 2001 are most welcome and could provide a boost to the real estate sector.

Budget Reaction | House of Hiranandani

I would term it as a reform-oriented budget where the expenditure was well directed towards economic growth and development, especially in the rural areas. It also reflected the government?s concern and priority to improve the investment climate with a view to stimulate growth. The massive push for improvement in infrastructure including record capital expenditure for roads, railways will indirectly benefit the real estate sector in the long run.

MSRDC withdraws toll rebate to Thane locals

In Thane area, the order on rebate on toll given to local residents by the Maharashtra State Road Development Corporation (MSRDC) is said to have overturned. The order had granted toll concessions to people living near toll booths. The MSRDC officials were under pressure from toll contractors, it is said. The reversal, which happened within a few weeks after an executive engineer issued the order on rebate, is a blatant violation of a government resolution (GR) issued in 2009 granting the toll c

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