Scores of new airports have been built around the country but many are yet to open because airlines do not see sufficient demand as ticket prices are too high for the majority Indians
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
The success of Anil Ambani's ambitious defence plan will depend partly on whether he can persuade government officials and international partners that he can build sophisticated equipment and partly on whether the PM can get India's notoriously slow procurement process to work, say Paritosh Bansal, Sanjeev Miglani and Promit Mukherjee.
While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity
Indebted Air India, which last made an annual profit in 2007, has seen its market share shrink in recent years.
Even if some of those projects remain on paper, the potential for manufacturers and engineering firms is too big to ignore
'We need to look beyond the current approach'.
Suresh Prabhu said the freight business was 'struggling'.
A proposed 24 percent hike in the salaries of 2.6 million employees and pensioners, will land the railways with a wage bill of about $4.7 billion.
The contract would give a big boost to India's $150 billion nuclear power programme, and a broader push to curb greenhouse gas emissions.
This would make India the world's second-biggest nuclear energy market after China
Micromax will invest Rs 300 crore on constructing new factories
India is trying to push a national goods and services tax (GST) through parliament that would replace a myriad of state sales taxes and shake-up government revenue.
GE, Alstom land $5.6 billion deals to supply Indian Railways
Air India is in a better state now than it was when Lohani's predecessor took over in 2011, four years after a merger with state-run carrier Indian Airlines.
Politicians appeal to key groups of voters like farmers or the poor by keeping prices low and ignoring theft, prompting scepticism about whether states will agree to any package that forces tariff hikes.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes
Modi's party also wants to regulate property markets and tie investor money to specific projects to stop developers diverting cash elsewhere.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances