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Construction sector News

Occupational accidents

20 Nov 2017

48,000 die yearly due to occupational accidents in India: Study

India has a workforce of 465 million Workplace deaths are 20 times higher than Britain 38 workplace fatalities take place daily in India

Real estate industry

10 Nov 2015

New FDI norms to boost affordable housing segment

It also eased the rules for foreign investors to exit and repatriate their investments.

Real estate industry

10 Nov 2015

Govt eases FDI norms for realty sector

With real estate industry facing huge slowdown for last 2-3 years, the government on Tuesday relaxed foreign direct investment (FDI) norms in construction sector by removing two major conditions related to minimum built up area as well as capital requirement.

21 Apr 2015

Construction sector may revive with easing of project funding

"The construction sector is likely to get a major boost from the government's focus on development of infrastructure in India," ICRA Senior VP Rohit Inamdar said in a statement.

18 Mar 2015

Huge skill gap exists in construction sector: Govt

Government Wednesday said there is a significant skills gap in the country's construction sector and steps are being taken to tackle the issue.

FDI construction

13 Mar 2015

Government says $5mn FDI in construction must come in 6 months of nod

Government on Friday said foreign companies investing in the construction sector will have to bring in a minimum of USD 5 million within six months of the date of approval of the building plan.

24 Feb 2015

Spain`s economy to grow by 2.4% in 2015: PM

Prime Minister Mariano Rajoy predicted Tuesday that Spain`s economy, the eurozone`s fourth largest, could grow by 2.4 percent in 2015, raising the previous 2.0 percent forecast.

30 Oct 2014

FDI in real estate may double after easing of rules: NAREDCO

Foreign direct investment (FDI) in the real estate sector could jump over two-fold in the next one year with easing of FDI rules in the construction sector, realtors' body NAREDCO said today.

FDI in construction

28 Oct 2014

Govt to take call on FDI relaxation for construction tomorrow

The move was aimed at attracting more foreign investment in construction and real estate sector.

16 Sep 2014

Infra, construction sector growth may remain stressed in FY15

Growth of infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may constrain the ability of some corporates to access credit, India Ratings and Research, a Fitch Group company, said in a report Tuesday.

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