Infrastructure
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S&P upgrades India's ratings: What led to this upgrade and what are different types of ratings?
Business | May 30, 2024, 06:31 PM ISTS&P Global Ratings has upgraded India's credit rating outlook from stable to positive, citing policy stability, deepening economic reforms, and high infrastructure investment as crucial drivers of sustained long-term growth. The sovereign rating remains at 'BBB-', the lowest investment grade.
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Indian economy to grow at 7.5 per cent in 2024, projects World Bank
Business | Apr 03, 2024, 12:20 PM ISTOverall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka, the World Bank said in its latest South Asia Development Update.
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FBI warns Chinese hackers targeting US infrastructure after major cyberspying operation disrupted
World | Feb 01, 2024, 02:31 PM ISTUS officials on Wednesday said they disrupted a sweeping Chinese cyber-spying operation that targeted critical American infrastructure entities to be used against America in a geopolitical crisis. The US has long warned against Chinese state-sponsored hacking, but Beijing rebuffs these claims.
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Bihar business summit: Govt signs MoUs with eight firms for investment of Rs 554.4 crore
India | Dec 13, 2023, 09:27 PM ISTRepresentatives from 16 countries including the US, Taiwan, Japan and Germany, are attending the summit, which aims to project the state as an attractive global investment destination.
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Adani Group's Mundra Port plays vital role in India's progress, continues success in connectivity
Business | Oct 06, 2023, 03:33 PM ISTMundra has emerged as a shining example of a city with a port-driven economy in India. The port's operations have facilitated trade and commerce, driving economic growth not just in Kutch but also in the larger national context.
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India's foreign exchange reserves fall $2.33 billion to $590.70 billion
Business | Sep 29, 2023, 05:52 PM ISTIndia's foreign exchange reserves dropped by USD 2.335 billion to USD 590.702 billion for the week ended on September 22, 2023, the Reserve Bank of India said.
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Infrastructure major gets Letter of Intent for new infra project in Gujarat
Business | Sep 21, 2023, 12:06 AM ISTNotably, in the Budget 2023–24, the government emphasised the need for increased spending in the infrastructure sector.
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Rajnath Singh to launch Arunachal's Nechiphu Tunnel, other key infrastructure projects tomorrow
India | Sep 11, 2023, 12:10 PM ISTAt a ceremony organised by the Border Roads Organisation at Devak Bridge on Bishnah-Kaulpur-Phulpur Road in Jammu & Kashmir, the Defence Minister will inaugurate 22 Roads, 63 Bridges, Nechiphu Tunnel in Arunachal Pradesh, two airfields in West Bengal.
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G20 Summit 2023: World Bank lauds transformative impact of digital public infrastructure in India
World | Sep 08, 2023, 05:44 PM ISTThe G20 Global Partnership for Financial Inclusion document by World Bank said that India has done in six years what otherwise would have taken five decades.
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India, US, Saudi Arabia discuss infrastructure deal involving railroads and ports: Sources
World | Sep 08, 2023, 09:27 AM ISTAccording to sources privy to the development, the deal could reconfigure trade between the Gulf and South Asia, linking Middle Eastern countries by railways and connecting to India by port.
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Stock market: Small cap metal stock posts robust earnings in Q1 as steel demand bounces back
Business | Aug 12, 2023, 10:40 AM ISTAccording to an exchange filing, the quarterly net profit came stood at Rs 8.02 crore. It had posted a net profit on consolidated basis at Rs 4.48 crore, according to an exchange filing by the company.
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Eight key infrastructure sectors growth healthy but slower from last year
Business | Aug 01, 2023, 12:34 AM ISTThe output growth of the eight sectors slowed down to 5.8 per cent in April-June 2023-24 against 13.9 per cent in the year-ago period.
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IMF report hails India's digital infrastructure as a model for other nations to follow
Business | Apr 07, 2023, 02:28 PM ISTThe IMF applauds India's digital infrastructure and highlights a building block approach and innovation-fostering practices as a model for other nations experiencing a digital transformation.
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Output of 8 core industries rises by 7.4 per cent in December 2022: Govt data
Business | Jan 31, 2023, 07:04 PM ISTThe eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
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Govt schools to get new infrastructure: Himanta Biswa Sarma
India | Oct 30, 2022, 06:00 PM ISTSarma said that more than 4,000 schools will be covered under the initiative.
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Modi Govt 8 years: How Brand India gained its rightful place globally over past 8 years
India | May 29, 2022, 11:19 AM ISTPM Modi began with his foreign visits to meet counterparts, discuss what India wants and can give, like all prime ministers but with one difference, his unique style of making a personal relation with them.
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Modi govt 8 years: How PM developed urban infrastructure with swanky expressways, railways, airports
India | May 26, 2022, 02:11 PM ISTThe pace of development both on approval of projects and execution has been impressive unlike situation during previous governments when projects were merely passed on paper but less execution on the ground.
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China enhancing infrastructure near Arunachal border, says Army
India | May 16, 2022, 08:47 PM ISTGeneral Officer Commanding-in Chief of the Eastern command, Lt Gen R P Kalita, however, said the Indian side is also continuously upgrading its infrastructure and capabilities to deal with any situation which may arise along the border.
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Budget 2022: Businesses welcome Modi govt's futuristic vision, digital-first India
Business | Feb 03, 2022, 03:48 PM ISTIntroduction of digital currency, investments in the construction of roads, railways, airports, ports, 400 new Vande Bharat trains, rural housing, and no change in income-tax slabs were among key announcements. Let's take a look at what different businesses have to say post-budget announcement.
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Union Minister Nitin Gadkari explains strategic importance of Char Dham roads | Exclusive
India | Nov 09, 2021, 11:35 PM IST"The problem is there is China which has fully developed its infrastructure, so tomorrow if we have to transport big trucks, machinery then it would need at least 10-metre wide roads otherwise we wouldn't be able to do it," Union Minister Nitin Gadkari said.