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25 Feb
00:00

India infrastructure revival seen unlikely before late 2016

Indian government measures to address risks in the infrastructure sector could gradually rebuild dwindling investor interest in projects that consume steel, says India Ratings & Research (Ind-Ra). Remaining shortcomings however mean a substantial change is unlikely to occur before September 2016. Authorities have taken positive steps by addressing fuel-related risks through the re-auction of coal blocks and facilitating approvals and clearances. However …
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