New Delhi, Jan 29 (IANS) The UK India Business Council (UKIBC) on Thursday called for a simplified tax regime through exemptions on capital tax gains from foreign portfolio investors FPIs and other investor-friendly reforms from Union Budget 2026-27.The business advisory body also called for strengthening the GIFT City proposition as a globally competitive financial services hub, simplified GST compliance, incentives and support for the telecom sector.It urged the government “to provide increase…
Latest Infrastructure Development News & Updates
New Delhi, Jan 22 (IANS) The government will likely unveil Budget 2026 with roughly Rs 53.5 trillion worth of total expenditure, a capital expenditure growth of about 15 per cent and a fiscal deficit target of 4.2 per cent, a report projected on Thursday.The report from investment management firm OmniScience Capital said that tax revenues are projected to grow about 10 per cent year‑on‑year in FY27 on a nominal GDP growth assumption of around 9 per cent.Non‑tax receipts are also expected t…
Guwahati, Jan 22 (IANS) Chief Minister Himanta Biswa Sarma on Thursday said that Assam is not only defined by its glorious past but is steadily shaping new milestones, as he highlighted the state’s entry into oil production following the discovery of crude in the Namrup-Borhat block.In a post on X, Chief Minister Sarma said that in 2025, Assam became the first state to be engaged in oil production with the discovery in the Namrup-Borhat block, marking a significant moment in the state’s economic…
Manali, Jan 20 (IANS) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday inaugurated the Manali Winter Carnival — 2026 in the tourist resort Manali in Kullu district.Marking the occasion, the Chief Minister flagged off nearly 300 colourful tableaux highlighting the development activities of various departments.During the event, the Chief Minister announced the development of a riverfront project in Manali at a cost of Rs 250 crore to promote tourism. He also announced the constru…
Davos, Jan 19 (IANS) The Mumbai Metropolitan Region Development Authority (MMRDA) Commissioner Sanjay Mukherjee-led team on Monday, at the World Economic Forum (WEF) summit, held a strategic meeting with Paul Dyson, CEO of Crossrail International, a UK-based specialist advisory practice supporting major transport infrastructure programmes around the world.The discussions reaffirmed collaboration and explored opportunities for knowledge-sharing and capacity building in metro and urban transport.A…
New Delhi, Jan 9 (IANS) The Indian economy is in good shape with an expected growth of 7.5 per cent or higher in the current financial year and jobs are being created at a fast pace, so the Budget for 2026-27 must keep up the “focus on jobs, jobs, and jobs”, business leader and former Infosys board member TV Mohandas Pai said.In an interaction with IANS, Pai pointed out that 1.2 to 1.4 crore new people are joining EPFO, paying money with Aadhaar. “Don’t believe all these leftist JNU people who s…
Guwahati, Jan 9 (IANS) The Assam government has intensified efforts to position the state as one of India’s most industry-friendly destinations, banking on large-scale investments, policy reforms and flagship initiatives such as the ‘Advantage Assam’ programme to drive economic growth and employment generation.Under the leadership of Chief Minister Himanta Biswa Sarma, the state has rolled out a series of measures aimed at improving the ease of doing business, strengthening infrastructure and …
Guwahati, Jan 7 (IANS) In an attempt to control flood and erosion in Assam’s Dhakuakhana, Chief Minister Himanta Biswa Sarma during his visit to Lakhimpur district on Wednesday, laid the foundation stones for four projects worth Rs 272.21 crore. The projects also include promotion of heritage and championing the cause of public welfare. It may be noted that as a long-term measure to address the chronic flood and erosion problems in Dhakuakhana, the Chief Minister laid the foundation stone for …
New Delhi, Jan 6 (IANS) The government on Tuesday announced a major push to boost infrastructure development through public-private partnerships, with the PPP project pipeline covering 852 projects across central infrastructure ministries and states and Union Territories at a combined cost of over Rs 17 lakh crore.In line with the announcement made in the Union Budget 2025-26, the Department of Economic Affairs under the Ministry of Finance has created a three-year Public-Private Partnership pro…
Kolkata, Dec 30 (IANS) Union Home Minister Amit Shah has assured the Matua community that the voting rights of individuals who have submitted applications for citizenship under the Citizenship (Amendment) Act will be preserved. While speaking to the media in Kolkata, he confirmed that community members who have applied for citizenship will retain their voting rights.“The people from the Matua community have nothing to worry about. Every refugee who has come to India will be treated as a citize…