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Smart City Phase-I to be complete in 18 months
The first phase of Kerala’s mega IT infrastructure project, Smart City in Kochi, will be completed in 18 months, said chief minister Oommen Chandy. Addressing a press conference here on Thursday, he said that the implementation of the project will not be delayed and it will be commissioned within the time schedule fixed earlier with the state government and TECOM of Dubai, the overseas partner

India's economic growth dips to 9-year low of 5.3 percent (Roundup)
India's economic growth slumped to 5.3 percent in the January-March quarter, the slowest in nine years, dragged by contraction in the manufacturing sector due to high cost of borrowings, official data showed Thursday.

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Government appoints panel to review oil firm contracts
The government Thursday set up a panel headed by C. Rangarajan, chairman of the prime minister's economic advisory council, to review production sharing contracts in the oil and gas sector.

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All mega projects are on course: Chandy

Thiruvananthapuram: Kerala Chief Minister Oommen Chandy Thursday refuted media reports that mega development projects in the state are getting delayed, saying these are progressing as per schedule.

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Manmohan Singh appoints Committee to review PSCs in hydrocarbon exploration

The Prime Minister, Dr. Manmohan Singh, has appointed a Committee under the chairmanship of Dr. C. Rangarajan to look into the design of future Production Sharing Contracts (PSCs) in hydrocarbon

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Coal blocks for infrastructure projects get GoM nod

In a major relief to Anil Ambani-led Reliance Power, Aditya Birla Group and Essar Power, a 12-member ministerial panel on coal on Wednesday recommended environmental clearance for two coal blocks

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