BUSINESS
India to Invest Over Rs 143 Lakh Crore in Urban Infrastructure by 2030, Boosting Land Prices
Rapid infrastructure development driven by nodal authorities is fuelling the growth of satellite townships across the country, said the Colliers report. Most of this spend would be focused on urban clusters, driving significant activity in infrastructure-led urban development.
India Achieves Remarkable 67% Growth in Total Exports Over the Last Decade
India's share in world merchandise exports also improved from 1.66 per cent to 1.81 per cent, with the country advancing in rankings from 20th to 17th position, Union Minister of Commerce and Industry, Piyush Goyal, responded to a Parliamentary query.
Mobikwik IPO Set to Launch on Dec 11 with Price Band of Rs 265-279 Per Share
The company has cut down its IPO size for the third time since it announced listing plans three years ago from Rs 1,900 crore to Rs 572 crore.
Assam's Barak Valley Hotels to Refuse Accommodation to Bangladesh Nationals Until Hindu Attacks Cease
The three districts of Cachar, Sribhumi (earlier Karimganj) and Hailakandi make up the Barak Valley, sharing a 129-km-long border with Bangladesh's Sylhet region.
Indian Stock Market Retains Optimism as RBI Adopts More Pragmatic Stance
FIIs returning to India in expectation of a dovish monetary policy by the Reserve Bank of India (RBI) also supported the sentiment.
JP Morgan: Liquidity of Adani Bond Portfolio Remains Stable Post US Market Turmoil
In a note, JP Morgan gave OW rating on three bonds of Adani Ports and Special Economic Zone (APSEZ) and one of Adani Electricity Mumbai Ltd (AEML), a subsidiary of Adani Energy Solutions.
RBI Revises GDP Growth Forecast Downward to 6.6%
He said the decision was taken because the growth in real GDP in the second quarter of this year turned out to be much lower than what was expected at 5.4 per cent.
Jaishankar: Indian Businesses Should Diversify Supply Chains Beyond China
He said there had been "some progress" from the recent resolution of the issues in the remaining friction points along the LAC in eastern Ladakh. But there is a need for further discussions, he said, speaking at an industry chamber Assocham.
Putin Highlights Profitability of Investments in India, Announces Russia's Plan for Manufacturing Site
Speaking at the 15th VTB Investment Forum in Moscow on Wednesday, he also mentioned that new Russian brands are replacing Western brands who have left the market saying that local Russian manufacturers are doing very well in sectors such as consumer goods, IT, high-tech and agriculture.
S&P Global Forecasts 3% Global Economic Growth in 2025
"With easing inflation, resilient labour markets, and sturdy consumer spending bolstering economic activity in most developed markets, we expect steady growth next year," S&P Global said.
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