Infrastructure Development
7 min read
91

Budget 2025 expectations: Two critical areas FM Nirmala Sitharaman should focus on

January 27, 2025
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Budget 2025 expectations: If India were a Formula 1 team, alarm bells would already be ringing. (AI image) By Bikash Narayan MishraBudget 2025 expectations: If India were a Formula 1 team, alarm bells would already be ringing. The track ahead is challenging, rival teams are growing more unpredictable, and it’s

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Infrastructure Development
4 min read
117

Odisha set for an industrial revolution, golden period for infra development: Majhi, ET Infra

January 27, 2025
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Odisha Chief Minister Mohan Charan Majhi on Sunday said the state is set for an industrial revolution and a golden period for infrastructure development. Majhi said the ‘double engine’ government will ensure ‘double development’ of the state. “I firmly believe that with the joint efforts of the Central government and

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Infrastructure Development
4 min read
83

Stock market today: BSE Sensex crashes over 500 points; Nifty50 below 23,000

January 27, 2025
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The upcoming week is crucial for both the equity markets and the economy, as the Union Budget is set to be presented on February 1. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade today. While BSE Sensex dipped over 500 points,

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Infrastructure Development
4 min read
92

PM Modi, President Subianto discuss enhancing economic ties, energy security, digital infra development, ET Infra

January 27, 2025
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NEW DELHI: India and Indonesia have focused on enhancing economic cooperation through various mechanisms, such as the upcoming meetings of the Working Group on Trade and Investment (WGTI) and the Biennial Trade Ministers’ Forum (BMTF), with a view to addressing existing trade barriers. Prime Minister Narendra Modi and Indonesian President

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Infrastructure Development
3 min read
63

Governor Jishnu Dev Varma, ET Infra

January 27, 2025
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The Telangana government is embarking on an ambitious vision for the future, including development of a Future City which aims to position the state as a global hub for technology and innovation, Governor Jishnu Dev Varma said on Sunday. In his Republic Day address here, he said the government also

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Infrastructure Development
4 min read
104

Policybazaar parent to invest Rs 860 crore for 25% in PB Health

January 27, 2025
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MUMBAI: PB Fintech, the parent company of Policybazaar, will invest around Rs 860 crore for a 25% stake in PB Healthcare, which will set up hospitals with a capacity of 1,000 beds in the first year to provide captive services to buyers of policies with managed healthcare. The objective of

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Infrastructure Development
3 min read
73

Equity MF inflows more than double to nearly Rs 4L crore in 2024

January 27, 2025
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NEW DELHI: Equity mutual funds witnessed a remarkable surge in inflows to nearly Rs 4 lakh crore in 2024, more than double the amount recorded in the preceding year, reflecting strong investor confidence and a continued shift towards long-term investing, particularly through Systematic Investment Plans (SIPs).Despite the strong performance in

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Infrastructure Development
4 min read
64

Falling Rs, rising US bond yields fuel FPI exodus, Rs 64k crore taken out in Jan

January 27, 2025
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NEW DELHI: The exodus of Foreign Portfolio Investors (FPIs) from the Indian equity markets continues unabated, as they have withdrawn Rs 64,156 crore ($7.44 billion) so far this month, driven by the depreciation of the rupee, a rise in US bond yields, and expectations of a tepid earnings season.This comes

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Infrastructure Development
3 min read
94

Auto exports rise 19% on demand revival in emerging markets: Siam

January 27, 2025
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New Delhi: Automobile exports from India rose 19% year-on-year in 2024 led by a robust dispatch of two-wheelers, passenger vehicles and commercial vehicles, according to Siam data. Overall shipments rose to 50,98,810 units last year, up 19% from 42,85,809 units exported in 2023. “Last year saw revival in demand for

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Infrastructure Development
4 min read
68

Govt proposes hike in tax rebate on new vehicles for buyers scrapping old ones

January 27, 2025
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NEW DELHI: In a move to persuade people to scrap their BS-I and BS-II vehicles, and those which are older than these, the road transport ministry has proposed to hike the motor vehicle tax rebate by up to 50% on purchase of new automobiles for buyers submitting the scrapping certificate

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