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  Govt unveils Rs 6 lakh crore National Monetisation Pipeline

  Business | August 24, 2021 7:13 IST

  ​The government on Monday announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets. Projects have been identified across sectors, with roads, railways and power being the top segments.

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  God forbid, if there is third wave, we are medical infrastructure wise well prepared: Sitharaman

  India | July 01, 2021 23:27 IST

  No one wishes a third wave but on the infrastructure, medical infrastructure, I think we have given that kind of attention, says Finance Minister Nirmala Sitharaman.

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  This UK fintech firm plans to invest Rs 1,000 crore in India, create 1000 jobs

  Business | June 29, 2021 19:59 IST

  The UK-based business financial platform — Tide — looks to contribute to the Indian economy as a key ally in its growth story. It will create 1,000 jobs and invest £100m (Rs. 1000 crore) in India over the next 5 years.

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  India will be on faster growth path fuelled by infra: Nitin Gadkari

  India | April 23, 2021 22:23 IST

  Addressing a virtual event organised by industry body ASSOCHAM, Gadkari further said to achieve the GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion over these years on infrastructure.

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  India's infrastructure to be no less than US, Europe in 5 years: Nitin Gadkari

  India | March 25, 2021 22:17 IST

  A new India is in the making with infrastructure which will be no less than that in the US and Europe in five years, and a solid foundation has already been laid with over Rs 17 lakh crore worth of projects in the last five-year period, Union Minister Nitin Gadkari said on Thursday.

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  Hong Kong to invest $12.9 billion annually on infrastructure projects

  World | February 14, 2021 14:44 IST

  The Hong Kong government will invest over HK$100 billion ($12.9 billion) annually in infrastructure projects during the next several years, Financial Secretary Paul Chan said on Sunday.

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  Union Budget 2021: Real estate sector keen on infrastructure status, tax incentives for home buyers

  Business | January 31, 2021 9:07 IST

  The real estate sector, which took a hard hit due to COVID-19, is pinning hopes on the union budget to be presented on Monday for easing regulatory norms and for steps that will help in the completion of pending projects and the sale of build-up houses. 

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  US financial body to invest USD 54 mn in India to support critical infrastructure projects

  World | December 23, 2020 10:57 IST

  The DFC said it will invest USD 54 million in equity for the National Investment and Infrastructure Fund (NIIF) in India to support the development of critical infrastructure projects. The financing is part of NIIF’s final round of fund-raising for the fund.

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  Odisha Chief Minister announces steps for healthcare infrastructures in 6 districts

  India | December 07, 2019 18:48 IST

  According to the announcement, six patient welfare committees of district headquarters hospitals in Sambalpur, Deogarh, Angul, Kendrapara, Sonepur, and Santh Bhima Bhoi Medical College of Bolangir will get an assistance of Rs 15 lakh each from the Chief Minister's Relief Fund.

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  RBI may cut interest rates again to support growth

  Business | December 01, 2019 14:43 IST

  RBI has cut interest rates on every single occasion the multi-member monetary policy committee (MPC) has met since Shaktikanta Das took over as the Governor of RBI in last December.

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  OYO to expand footprint in Bihar, create 700 new jobs

  Business | October 25, 2019 16:51 IST

  "We have all the 6 brands from the OYO portfolio in Bihar currently - OYO Rooms, OYO Townhouse, SilverKey, Collection O, Capital O, Palette Resorts. In the coming year, we aim to strengthen these partnerships and support the states vision while continuously creating and delivering outstanding opportunities for business growth, fostering all- round socio-economic development for the State and its people", he added.

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  India to spend USD 1.4 trillion on infrastructure in next five years

  India | October 19, 2019 23:48 IST

  As part of its goal to become a USD 5 trillion economy by 2024, India plans to spend USD 1.4 trillion on its infrastructure in the next five years, Union Finance Minister Nirmala Sitharaman said on Saturday.

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  Economic Survey 2019: India must spend USD 200 bn on infrastructure annually; harnessing pvt investment a challenge

  Budget | July 04, 2019 16:22 IST

  India needs to almost double its annual spending on infrastructure at USD 200 billion and the real challenge lies in harnessing private investment, said the Economic Survey 2018-19 tabled in Parliament on Thursday.

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  IL&FS asks bourses to avoid coercive actions over quarterly results

  India | June 26, 2019 17:45 IST

  The company in a regulatory filing said it will be "challenging" for the management to prepare the financial statements owing to the proposed divestment and restructuring of its group companies, among other reasons.

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  Need infrastructure, but can't deforest our way to prosperity: Jairam Ramesh

  India | December 06, 2018 16:34 IST

  Ramesh claimed that eight per cent deaths during 2000-2015 were due to pollution-related ailments, but did not comment on the current pollution crisis in Delhi and the measures taken by the government to combat the effect. 

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  Infrastructure sector growth dips to 10-month low of 3.6% in May

  Business | July 02, 2018 19:16 IST

  During April-May this fiscal, the eight core industries recorded a growth of 4.1 per cent as against 3.3 per cent in the same period last year. ​

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  India Union Budget 2018: Road, infrastructure cess on fuel proposed

  Budget | February 01, 2018 19:41 IST

  The basic excise duty on unbranded petrol was slashed by Rs 2 from Rs 6.48 per litre and on branded petrol from Rs 7.66 per litre.

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  Core sector growth hits 6-month high of 5.2% in September

  Business | October 31, 2017 23:06 IST

  Eight core sectors grew to a six-month high of 5.2 per cent in September, helped by a robust performance in coal, natural gas and refinery segments, official data showed on Tuesday.

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  Good prospects for India to achieve over 8 pc growth in 2-3 years: Niti Aayog

  August 24, 2017 19:48 IST

  India has good prospects of achieving over 8 per cent growth within 2-3 years, Niti Aayog said on Thursday, while suggesting a host of reforms to ensure prosperity for all the 125 crore citizens

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  Upcoming budget to focus on higher spending to boost economy, says Arun Jaitley

  Politics | December 17, 2016 22:30 IST

  Finance Minister Arun Jaitley today said that infrastructure investment needs a booster and his next Budget in February will concentrate on empowering more open and also private spending to help financial development. Speaking at ET