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Feb 25, 2021 06:04 PM IST Despite the doom and gloom beginning mid-March 2020, most sub-verticals of the infra sector have shown resilience and are above pre-covid levels, India Ratings and Research said.
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Feb 17, 2021 09:51 AM IST Companies such as Dilip Buildcon and KNR Constructions see sizeable order inflows while capital goods companies expect a more gradual recovery
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Feb 16, 2021 07:56 PM IST Increased spending on infrastructure development in sectors like agriculture, healthcare and automobiles will result in increased demand for petrochemicals, according to an official statement.
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Feb 12, 2021 01:13 PM IST Sitharaman also said that the priority for the government was to bring a budget that would supplement the stimulus.
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Feb 11, 2021 12:00 PM IST -
Feb 08, 2021 03:56 PM IST Total cost for the flagship project is estimated at Rs 6,500 crore and is expected to be completed in around four years on a Design-Build-Finance-Operate-Transfer (DBFOT) model
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Feb 05, 2021 06:27 PM IST “Right now it will be a government-owned DFI. It will be through legislation, which will also enable the setting up of private DFIs. There will be a provision that if in the later stages, the DFI wants to diversify its equity, it will be able to do that," Economic Affairs Secretary Tarun Bajaj told Moneycontrol.
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Feb 05, 2021 09:22 AM IST -
Feb 04, 2021 06:37 PM IST In an interview with Moneycontrol, Krishnamurthy Subramanian also said the measures taken by the Modi government to deal with the latest economic crisis are less inflationary than interventions by previous governments, and that some 100 crore people may be vaccinated for free.
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Feb 04, 2021 01:55 PM IST -
Feb 04, 2021 10:32 AM IST In her Union Budget 2021 speech, Finance Minister Nirmala Sitharaman announced a National Bank for Financing Development (NaBFID) to help in the process of infrastructure financing in the country.
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Feb 02, 2021 08:03 PM IST The average run time of the Aqua Line from Sector 51 Metro Station in Noida to Depot Station in Greater Noida and vice versa is 45 minutes 43 seconds (one way), which will be reduced to 36 minutes 40 seconds, thereby saving around 9 minutes of travel time for the Aqua Line commuters.
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Feb 02, 2021 12:02 PM IST The finance minister has done a remarkable job in presenting a growth-focussed budget during the unprecedented COVID-19 pandemic-hit circumstances, president of the USA India Chamber of Commerce Karun Rishi said, adding that the budget is transparent and has rationalised the off-balance-sheet borrowings and headlined fiscal deficit numbers.
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Feb 01, 2021 08:48 PM IST Tax, infrastructure and health are some of the prominent words that featured the most in FM Nirmala Sitharaman's Budget speech this year.
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Feb 01, 2021 08:24 PM IST Hours after Finance Minister Nirmala Sitharaman’s Union Budget 2021 speech, Principal Economic Advisor Sanjeev Sanyal, one of the architects of the Budget, spoke exclusively to Moneycontrol.
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Feb 01, 2021 08:00 PM IST Policy continuity and proper implementation are crucial for the Budget 2021 measures to succeed
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Feb 01, 2021 07:05 PM IST Nirmala Sitharaman’s investment push for the sector will yield results only with timely and effective implementation. The efficiency and effectiveness of these investments will be closely watched
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Feb 01, 2021 05:14 PM IST Nirmala Sitharaman claimed that the government has decided to give a "greater impetus" to the economy through the Union Budget.
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Feb 01, 2021 01:06 PM IST Finance Minister allocated Rs 14,788 crore in the Union Budget 2021-22 for the expansion of the Bengaluru Metro, while the Chennai Metro Phase 2 will be built at a cost of almost Rs 62,000 crore.
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Feb 01, 2021 12:17 PM IST The move announced in Union Budget 2021 is expected to be positive for companies like L&T, KNR Constructions, Sadbhav Engineering, Ashoka Buildcon, PNC Infratech and JMC Projects.
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Jan 29, 2021 03:33 PM IST Since 2014-15, construction of approximately 1.94 crore rural houses have been completed, out of which 1.22 crore houses have been constructed under the revamped scheme of PMAY-Gramin
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Jan 28, 2021 01:15 PM IST The government can consider extending the harbor limit to 20 per cent for next three to four years.
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Jan 28, 2021 10:47 AM IST There are expectations that railways will get higher allocation as the COVID-19 pandemic dealt a severe blow to the sector's revenue in the current financial year.
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Jan 22, 2021 03:43 PM IST India's fledgling electric vehicle (EV) market accounted for only 5,000 out of a total 2.4 million cars sold in the country last year. A lack of local production of components and batteries, negligible charging infrastructure and the high cost of EVs mean there have been few takers in the price-conscious market.
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Jan 22, 2021 01:46 PM IST Net Sales are expected to decrease by 4.7 percent Y-o-Y (up 18.2 percent Q-o-Q) to Rs. 1,749.8 crore, according to Yash Securities.