Infrastructure Development
2 min read
44

Enhancement to the Scheme for ‘Special Assistance to the States for Capital Investment’ anticipated, ET Infra

January 27, 2025
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NEW DELHI: For the upcoming Union Budget for 2025-26 (Apr-Mar), states will keenly watch if the Ministry of Finance will continue with the 50-year interest free loan for capital expenditure to states. “While states have commenced development activities under the proposed scheme, the benefits of such investments are associated with

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Infrastructure Development
10 min read
47

DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley

January 27, 2025
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Good morning on this action-packed Monday. Mark this week on your “History of Artificial Intelligence Timeline”: The creation of DeepSeek, the Chinese A.I. sensation that we told you about last week, is shaking the technology industry to its core. The super-efficient, open-source software is raising questions about the valuations of

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Infrastructure Development
3 min read
36

Leadership changes spark concerns over smart city project’s quality and transparency, ET Infra

January 27, 2025
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The abrupt transfer within Hubballi-Dharwad Municipal Corporation (HDMC) has created uncertainty amongst officials regarding the handover of smart city project developments. The situation is particularly complex as Rudresh Gali, who served as managing director of Hubballi-Dharwad Smart City Limited (HDSCL), is set to replace Ishwar Ullagaddi as HDMC commissioner. According

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Infrastructure Development
2 min read
44

Doug Emhoff to Return to Corporate Law

January 27, 2025
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The latest guessing game in Washington is where former Vice President Kamala Harris and her husband, Douglas Emhoff, might go next. Half of that question has been answered. Starting Monday, Mr. Emhoff will become a partner at the corporate law firm Willkie Farr & Gallagher, splitting his time between Los

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Infrastructure Development
3 min read
38

Sridhar Vembu steps down as Zoho Corp CEO to focus on AI research

January 27, 2025
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CHENNAI: Sridhar Vembu has stepped down as the chief executive of Zoho Corp to focus more on the research and development of artificial intelligence products. Vembu would take up a new role as the chief scientist, he said in a X post on Monday. Zoho co-founder Shailesh Kumar Davey has

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Infrastructure Development
3 min read
41

Stocks Markets Fall Sharply as Investors Worry About China’s AI Advances

January 27, 2025
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Stock markets fell sharply on Monday, dragged down by fears that advances in artificial intelligence by Chinese upstarts could threaten the moneymaking power of American technology giants. The Chinese A.I. company DeepSeek has made waves by matching the capabilities of cutting-edge chatbots while using a fraction of the specialized computer

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Infrastructure Development
7 min read
23

Budget 2025 income tax expectations: Simplify personal tax compliance and enhance transparency

January 27, 2025
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Budget 2025 income tax expectations: AIS Form should comprehensively capture the entire break-up of salary income. (AI image) By Parizad SirwallaBudget 2025 income tax expectations: With the advent of digitization, the Income Tax Department has made significant progress in simplifying tax related processes. It is widely expected that the 2025

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Infrastructure Development
3 min read
16

In China, Government Data on Drugs Blocked From Public After Backlash

January 27, 2025
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When a group of prominent Chinese doctors publicly raised worries last week about the quality of domestic drugs, China’s government sent officials to investigate. But now data about the drugs that appeared on a government website as recently as Friday is no longer publicly available. A social media post from

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Infrastructure Development
4 min read
17

‘Biggest stock market crash coming…’: Robert Kiyosaki, author of Rich Dad Poor Dad makes big prediction

January 27, 2025
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His 2013 publication, “Rich Dad’s Prophecy,” previously cautioned about an unprecedented market collapse. (AI image) Biggest stock market crash coming? The author of “Rich Dad Poor Dad,” Robert Kiyosaki, has made a striking prediction about the stock market’s future. In a post on X (formerly Twitter) he shared that February

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Infrastructure Development
9 min read
12

Asheville’s Restaurants Hit Reset After Hurricane Helene

January 27, 2025
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Earlier this month, Drew Wallace started paying the cooks, bussers and the rest of the 20 or so employees of his restaurant the Bull and Beggar, in Asheville, N.C., for the first time since two feet of river water flooded its dining room in September. “It’s a really victorious feeling,”

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