[ad_1] The backlash against Goyal’s remarks was swift and predictable. Startup founders, enablers and watchers joined camps either defending or criticising the progress of India’s entrepreneurial ambition and effort. But beyond the discourse on the internet, Goyal’s remarks pointed to an uncomfortable truth: builders in India have long struggled to turn foundational science into scalable…
[ad_1] New Delhi: For India’s dreams to pump up growth with a heavy dose of infrastructure spending, the latest data on highway building provides a tough reality check. Highway building in FY25 lagged previous year’s levels while new project awards remained virtually unchanged, latest data for the period up to February showed. While construction was…
[ad_1] New Delhi: Commerce and Industry Minister Piyush Goyal on Sunday urged the construction industry to reduce import reliance, embrace sustainable practices, and focus on earthquake-resistant and modular infrastructure. In his address  to the inaugural session of Vibrant Buildcon 2025, organized by CAPEXIL in New Delhi, Goyal emphasized that sectors like housing, infrastructure, real estate,…
[ad_1] In this fully valued market, the traditional risk-return expectations from equities appear constrained, making diversification into debt and alternative spaces increasingly compelling. A disciplined, principle-based approach can help investors optimize their portfolios by shifting focus to other asset classes and strategies, such as fixed income, structured credit, infrastructure, and absolute return alternatives. Focus on…
[ad_1] Most stories were about companies supplying either goods or services to a government or a quasi-government entity, maybe for highways, railways, power, defence or something of that kind. This was not surprising, as for the last few years, India’s economy has been running on a single engine of government expenditure. So naturally a lot…
[ad_1] Madhya Pradesh is set to showcase its investor-friendly policies and infrastructure at Global Investors Summit (GIS) 2025, with prime minister Narendra Modi inaugurating the event. The summit, scheduled for 24-25 February in Bhopal, is expected to draw over 20,000 investors, industrialists, and dignitaries from India and abroad, chief minister Mohan Yadav told Mint on Wednesday. Representatives…
[ad_1] In 2023, the finance ministry formed the committee led by the late economist Bibek Debroy to assess infrastructure parameters and develop a financing framework. The panel conducted extensive stakeholder consultations before finalizing its recommendations, one of the two people cited above said on the condition of anonymity. The committee has already submitted the first…
[ad_1] The recent Union budget has raised the annual income threshold above which income tax kicks in to â‚ą12 lakh under the new tax regime. While this move aims to bolster middle-class spending and stimulate economic growth, it also narrows the tax base as a side-effect, placing an even greater fiscal burden on a small…
[ad_1] India is set to launch the Chandrayaan-4 mission in 2027, marking a significant step in the nation’s space exploration efforts. The mission aims to collect samples from the Moon and return them to Earth, Science and Technology Minister Jitendra Singh has confirmed. The ambitious project will require at least two launches of the heavylift…
[ad_1] Depending on whom you ask, India’s government is either being bold in raising the effective threshold for paying tax by 1.7 times. Or it’s a tacit admission that consumption taxes are so high that even people making five times the average adult wage are struggling to fork out income taxes. As I wrote in…
