Infrastructure Development
3 min read
28

Swiggy surges 17% on Dalal Street debut

November 14, 2024
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Swiggy surges 17% on Dalal Street debut MUMBAI: Swiggy’s stock closed 17% higher on Wednesday — its first day of trading — even as the sensex dived nearly 1,000 points. The food delivery company’s stock, which was sold at Rs 390 during the IPO, opened the day at Rs 412

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Infrastructure Development
4 min read
21

ICAI to seek review of NFRA move on audit standards

November 13, 2024
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NEW DELHI: The Institute of Chartered Accountants of India (ICAI) is going to move the ministry of corporate affairs for a review of the National Financial Reporting Authority’s decision to amend Standards of Audit (SA) 600 and SA 299, arguing it is not feasible to ‘blindly adopt’ global standards in

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Infrastructure Development
3 min read
21

Sebi plans to raise angel funding cap to Rs 25 crore from Rs 10 crore

November 13, 2024
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BENGALURU: Markets regulator Sebi on Wednesday sought public consultation on reducing the minimum investment threshold for angel investments from Rs 25 lakh to Rs 10 lakh, whilst raising the maximum limit from Rs 10 crore to Rs 25 crore. The document welcomes public feedback on its proposals until Nov 28,

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Infrastructure Development
4 min read
14

76% of tax collected from those earning over Rs 50 lakh

November 13, 2024
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NEW DELHI: Tax burden on individuals earning less than Rs 20 lakh a year, broadly described as middle class, has come down during the 10 years of Prime Minister Narendra Modi-led govt, while there has been a substantial increase in taxes paid by those having annual income above Rs 50

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Infrastructure Development
3 min read
22

G20 trade curbs up in 2023-24: WTO

November 13, 2024
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NEW DELHI: There has been an increase in the trade restrictive measures introduced by G20 members during mid-Oct 2023 to mid-Oct 2024, a WTO report said. It said that during the review period, G20 economies introduced 91 new trade-restrictive and 141 trade-facilitating measures on goods, mostly imports. Source link

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Infrastructure Development
3 min read
21

Maruti drives in ‘next generation’ Dzire at Rs 6.8 lakh

November 13, 2024
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NEW DLEHI: Maruti Suzuki has introduced the next-gen version of its compact sedan Dzire, priced between Rs 6.8 lakh and Rs 10.1 lakh (ex-showroom Delhi). The company said that it sold nearly 1.7 lakh units of the model last fiscal, and has retailed about 75,000 units so far in FY25.

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Infrastructure Development
4 min read
17

US consumer prices rise as expected in October

November 13, 2024
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WASHINGTON: US consumer prices increased as expected in October, and progress towards low inflation has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year. The consumer price index rose 0.2% for the fourth straight month, the Labor Department’s Bureau of Labor Statistics

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Infrastructure Development
5 min read
43

How Venture Studios Can Revolutionise Urban Planning and Development in India, ET Infra

November 13, 2024
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As India grows, our cities are expanding rapidly. Urban planners, policymakers, and governments face the unique problem of balancing rapid urbanisation with sustainability. India’s population is said to grow over the next three decades, putting immense pressure on our infrastructure, housing, and the environment. However, it is impossible to build

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Infrastructure Development
7 min read
75

Bloodbath on D-street: Investors lose Rs 13 lakh crore in last 2 days- Top reasons why market is falling

November 13, 2024
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Stock market today: The Indian stock market witnessed a bloodbath on Wednesday, with the BSE Sensex closing at its lowest in over four months. In the last two days, the BSE 30 fell by 1,805.2 points, marking a 2.27 percent decrease.Both India equity benchmark indices Sensex and Nifty dropped by

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Infrastructure Development
5 min read
67

‘Congratulations Donald Trump’: Gautam Adani says his group will invest $10 billion in US energy, infra projects

November 13, 2024
0

NEW DELHI: Indian industrialist and Adani Group Chairman Gautam Adani congratulated President-elect Donald Trump on Wednesday and announced a $10 billion investment commitment in US energy security and infrastructure projects.Sharing a post on X, Adani said: “Congratulations to Donald Trump. As the partnership between India and the United States deepens,

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