GST rate reduction from 28 per cent to 18 per cent has provided a breather to the construction equipment industry. Although 15 per cent of items would still be at 28 per cent, the major grouse has been addressed. That said, as many as 42,710 units were sold between January and September this year, against […]
Data suggests that demonetisation has hit the pace of announcement of new investment proposals during the quarter-ended December 2016 The Union Budget has set the tone for 2017 by accelerating the growth agenda. The allocation for infrastructure at Rs 3.96 lakh crore, over Rs 3.49 lakh crore last year, will fuel the sector. Of the […]
The ´leap´ of the year turned out to be more of a ´hop, skip and jump´. Cautiousness prevailed as FM Arun Jaitley reined in the fiscal deficit to 3.5 per cent of GDP and stood his ground. The month began with the ´Make in India´ extravaganza which helped the state administration revisit the MOUs signed […]