Infrastructure Development
6 min read
505

E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.

January 27, 2025
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Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher

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Infrastructure Development
2 min read
475

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
460

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
480

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
452

Arvind SmartSpaces inks pact to jointly develop 440-acre industrial park in Ahmedabad region, ET Infra

January 27, 2025
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Realty developer Arvind SmartSpaces has inked an agreement to develop an industrial park spread over around 440 acres in Ahmedabad with a total top-line potential of Rs 1,350 crore. The land parcel is located on NH47, Bavla-Bagodara Road and the project is signed under joint development model with 70.5% revenue

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Infrastructure Development
3 min read
457

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
466

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
67

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
54

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
48

‘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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