INFRA

aid at each stage of production or service delivery can be availed in the succeeding stages of value addition. This makes GST fundamentally a tax only on value addition at each stage.
This means that the end consumer will thusThe switch-over to the GST regime is undoubtedly one of the biggest tax reforms in post-independence India.  From July 1 2017, GST effectively cuts through a confounding Gordian knot of taxation complexity in the country. In other words, it replaces the multiple taxes levied by the central and state governments and will become subsumed of all the indirect taxes, including central excise duty, commercial tax, octroi tax/charges, Value-Added Tax (VAT) and service tax.

It is Prime Minister Narendra Modi's firm belief that Railways can give Gati and Pragati to the nation. We are driven by his vision to make Indian Railways the growth engine of our country. As I look back at the financial year gone by, I can say that we had many success and few misses. I am satisfied but not content. Innovative policies which we introduced have started giving dividends resulting in increase in both passenger and freight traffic. 

Retail rents for the most expensive locations in shopping centres remained relatively stable in 1Q17, with the aggregate Asia Pacific retail rental index edging up by 0.4% q-o-q. Of the 18 featured markets, almost all markets – including most sub-markets of Indian cities – recorded flat rents. Marginal appreciation of 0.5-1.5% q-o-q was recorded in select sub-markets of Delhi-NCR and Mumbai.
Of the four Indian cities featured in the APAC study, three – Mumbai, Delhi and Bengaluru – figure among the top-15 markets while Chennai sits outside of the top-15. Rentals of prime south areas were considered for both Mumbai and Delhi while prime city rents were taken into account for both Bengaluru and Chennai.

New Delhi:With the inauguration of first phase of the 13-km metro service by Prime Minister NarendraModi, the Kochi Metro has rolled on with many unique features.
Kochi Metro has been built at a cost of Rs 5,181-crore and as compared to other metro services in the country like Delhi, Chennai and Mumbai, which took 50, 56 and 76 months respectively for the completion of their first phase, Kochi metro has been commissioned in a record time of 45 months only.

Over the last few decades, India has undergone rapid industrialization - predominantly in the manufacturing ‘clusters’, most of which thrive in and around the metropolitan cities of the country. Some of the prime movers for this rapid growth have been the steady increase in per capita income propelling urbanization, and the accurate perception of India as a hub for cost-effective manufacturing.