Building Materials

Union Budget 2021: Govt should introduce framework for fiscal consolidation of infra firms

The infrastructure sector has been one of the most impacted due to the pandemic and companies have come under considerable financial stress.

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF

IMF’s chief economist Gita Gopinath said more public infrastructure spending is needed and that the Government of India has expressed its intention to do so

Union Budget 2021: Centre may address inverted duty structure for steel products to boost manufacturing, say sources

Inverted duty structure impacts the domestic industry as manufacturers have to pay more for raw material in terms of duty, while the finished product lands at lower duty and cost

Union Budget 2021: Focus must be on creating demand, encouraging infrastructure spending, says India Inc survey

India Inc expects the government to continue with its policy focus on strengthening the manufacturing ecosystem, promoting research and development, and incentivising futuristic technologies

Japanese Sumitomo Forestry picks up 26% stake in Spacewood

Sumitomo Forestry's wholly-owned subsidiary Sumitomo Forestry Crest to invest Rs 30 crore for setting up a new manufacturing facility for production of prehung doors