Gift City to Deepen India’s Integration with Global Finance
This week, following twenty-two years of servicing international investors and representing more than half of the offshore interest in the Indian equity index, the Singapore Stock Exchange Nifty (SGX Nifty) moved to the Gujarat International Finance Technology City (GIFT) International Financial Services Centre (IFSC) in its new avatar, the GIPT Nifty. Under this arrangement, […]
Carbon’s social cost is upto three times higher than estimated
‘Carbon’s social cost is up to three times higher than estimated – but a carbon tax doesn’t address climate justice at all’ Billy Pizer is a research professor of public policy at Duke University and a former senior economist for the environment at the White House Council of Economic Advisers. Speaking to Srijana Mitra […]
Yearning playgrounds ‘Capital of Sports’
10,000 players in the city, but no facilities; annual fees range from 15 to 30 thousand in private centers. The expansion of the city doubled in 40 years, but the ground is still 8 to 10, according to the population of 35 to 40. Indore, the capital of sports, is yearning for sports […]
REAL ESTATE FIRMS STUCK IN INSOLVENCY
Real Estate Firms Stuck in Insolvency Courts have a Slower Resolution Rate’ Over a fifth of insolvency cases are from the real estate sector, but only 13% have approved plans: Study New Delhi: Real estate comprises a significant portion-more of a fifth-of filed insolvency cases, although approved resolution plans total only 13%, a […]
‘India’s Seeing a Consumption Boom’
Demographics and the government’s infrastructure push are working in the country’s favour: P&G India CEO Mumbai: Procter & Gamble (P&G) said India’s demographics and increasing work force, along with the pace of the government’s physical infrastructure thrust, have driven consumption over the past few years. The company said a confluence of a few […]
Intel to Sell Bengaluru Office and Lease it Back
Tech giant looks to monetise assets; deal likely at over Rs 450 cr Bengaluru: US technology giant Intel has decided to sell its 250,000-square-foot office space on the Old Airport Road in Bengaluru as part of efforts to monetise its real estate assets. The deal, expected to exceed ₹450 crore, is anticipated to […]
Transport complex in new loha mandi
As soon as the shops are found, there will be relief from the traffic jam in the central area New Loha Mandi: 50 shops ready, but transporters upset due to lack of allotment More than 50 shops (transport complex) built for transporters in New Loha Mandi adjacent to Niranjanpur on Dewas Naka have […]
INDORE METRO TRIAL RUN UPDATE
4 months left for the the metro train trial run 50 percent of work of the stations on the Super Priority Corridor is completed, 30 percent work of the depot is left, and coaches will reach 345 The trial run of the Metro train on the 5.9 km Super Priority Corridor between Gandhi […]
Country’s second largest ring road will be built in Indore
Will connect five national highways: proposal ready, now talk about funding The country’s second-largest ring road will be built in Indore with six thousand crores. The National Highways Authority of India (NHAI) has prepared a proposal for a new ring road to overcome the city’s traffic problem. The estimated cost of this project, […]
MALLS WORRIED OVER THINNING FOOTBALLS AT MULTIPLEXES
Operators, looking at reducing spaces for theatres as revenues drop; Multiplexes holding back on expansion due to ‘box office volatility’ ➤ New Delhi: Mall operators are concerned over faltering revenue from cinemas with some even considering reducing space given to theatres in their upcoming projects. ➤ PVR Inox has recently said in the fourth-quarter investor […]
