PowerGrid to electrify 761-km rail track at Rs 889 crore
NEW DELHI (INDIA): Power Grid Corporation will electrify 761 km of rail lines in the country at a cost of Rs 888.96 crore as part of Indian Railways’ plan to… Read more »
Daily Archives: November 3, 2016
Developer to pay highest price for land in Hong Kong this year
By Joy Leung and Venus Wu A little-known developer will pay HK$8.8 billion ($1.13 billion) for a plot of residential land in Hong Kong, almost double market forecasts, as the… Read more »
GST rates finalised, panel fixes slabs at 5%, 12%, 18% and 28%
NEW DELHI (INDIA): A 4-tier GST tax structure of 5, 12, 18 and 28 per cent, with lower rates for essential items and the highest for luxury and de-merits goods… Read more »
UK Q3 housebuilding plans show no impact of Brexit vote
By Adela Suliman LONDON: British housebuilders have not scaled back construction plans in the three months since the country voted to leave the European Union, data showed on Thursday, despite… Read more »
Vancouver October home sales slide in wake of foreign buyer tax
By Catherine Ngai VANCOUVER: Vancouver home sales, which have been hit by a tax on foreign buyers, fell for a third consecutive month in October, dropping nearly 40 percent from… Read more »
Prime Minister of India to lay foundation stone of Mopa airport in Goa
PANAJI (INDIA): Prime Minister of India Narendra Modi will visit Goa on November 13 to lay the foundation stone of Mopa international airport in the northern part of the state…. Read more »
Madras High Court directs Chennai Metropolitan Development Authority to inspect alleged unauthorised construction
CHENNAI (INDIA): Pulling up Chennai Metropolitan Development Authority (CMDA) over another case of illegal construction, the Madras High Court has directed the civic body to inspect the alleged unauthorised construction… Read more »
Cement makers in North India likely to post better profits
NEW DELHI (INDIA): An uptick in demand in north India followed by strong pricing discipline resulted in a rebound in cement prices to Rs 305-345 per cent bag in the… Read more »