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Business

Delhi infrastructure mission: Centre approves Rs 24,000-crore plan to decongest Delhi; Tunnel to link Mahipalpur to Vasant Kunj

Delhi chief minister Rekha Gupta on Sunday introduced that the Centre had given a inexperienced sign to infrastructure initiatives value Rs 24,000 crore, aimed toward easing site visitors congestion and decreasing air pollution within the capital and its surrounding areas. Among the important thing developments is a five-kilometre tunnel connecting Shiv Murti–Mahipalpur on the Dwarka

Business

Maharashtra, Karnataka account for 51% of FDI in India in FY25: Government

Image used for representational functions. | Photo Credit: Getty Images/iStockphoto Maharashtra and Karnataka accounted for 51% of the overseas direct funding (FDI) inflows into the nation over the past monetary yr 2024-25, in response to the newest information of the Department for Promotion of Industry and Internal Trade (DPIIT). Maharashtra attracted most overseas inflows at

Business

Bank of Baroda, HDFC Bank reduce lending rate by up to 50 bps, 10 bps

Private sector HDFC Bank decreased its marginal price of funds-based lending charges (MCLR) by 10 foundation factors throughout tenure. File. | Photo Credit: Reuters State-owned Bank of Baroda (BoB) on Sunday mentioned it has lower its benchmark lending rate linked to repo rate by 50 foundation factors in keeping with the rate discount by the

Business

Stock market next week: Global developments, inflation information, and FII flow to drive market sentiments: Analysts

NEW DELHI: Market sentiment this week can be formed by international developments, key inflation information, and international investor exercise. Investors may even preserve a detailed watch on monsoon progress and updates on worldwide commerce talks, in accordance to market consultants.“Going forward, market participants will focus on key macroeconomic data for further cues. High-frequency indicators such

Business

What is India’s latest approach to localising EV manufacturing?

Image for illustration solely | Photo Credit: The Hindu The story thus far More than a 12 months because it was introduced, the Ministry of Heavy Industries Monday notified pointers of the Scheme to Promote Manufacturing of Electric Passenger Cars in India. The scheme reduces present duties on import of autos for abroad producers from

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