Page 6 - Infrastructure

DFI alone not panacea for infra finance issues: Sebi member Barua

He also rued that banks are accessing capital markets only for their core or Tier-II capital requirements, and need to access the markets more for raising resources for project finance.

Joe Biden wants spending to boost economy, but GOP to block vote

President Joe Biden said his infrastructure and families agenda must be passed to sustain economic momentum of his first six months in office

Top headlines: Govt may get 30% more from asset sale, Q1 GDP growth at 22%

Business Standard brings you the top headlines on Friday

Centre likely to receive 30% more from infrastructure asset sale

Final list may be sent to ministries by month-end

Google expands India cloud services with new infrastructure in Delhi-NCR

Google is ramping up cloud infrastructure in India with the second cluster of data centers in and around capital New Delhi to meet increasing customer demands in a key growth market

Brookfield Infrastructure, Digital Realty form JV for data centres

The venture will expand Brookfield Infra's global data portfolio of $23 billion in assets across data transmission, distribution and storage, and 139,000 telecom wireless towers India

Where are India's smart cities? The fate of the mission hangs in balance

An analysis reveals that just about a fourth of the funds allocated for smart cities have been spent, even though nearly half of the projects have been completed

130 countries agree to Biden-backed 15% global minimum tax for companies

The deal calls for a global minimum tax of at least 15%, a key element pushed by Biden as he seeks to raise more revenue for his infrastructure and clean energy plans

Four years of GST

Some distance covered but there is scope for a huge improvement

Joe Biden taking $973 bn bipartisan infrastructure deal on the road

US President will look to sell voters on the economic benefits of the $973 billion infrastructure package while in Wisconsin on Tuesday, hoping to boost the bipartisan agreement

Asian shares up as US infrastructure bill lifts S&P to a record high

SHANGHAI (Reuters) - Asian shares rose on Friday, tracking gains on Wall Street overnight that lifted the Nasdaq and the S&P 500 indexes to record highs after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.

Joe Biden agrees to $1.2 trillion bipartisan infrastructure deal

US President Joe Biden announced that he and Vice President Kamala Harris have agreed to a bipartisan infrastructure deal after a group of senators had a massive breakthrough in negotiations

Bipartisan senators reach tentative framework on infrastructure deal

A bipartisan group of senators reached a tentative framework on an infrastructure deal Wednesday ahead of a crucial meeting with President Joe Biden at the White House

GMR Infra Q4 loss lowers to Rs 725 crore; gross revenue at Rs 2,321 Cr

Diversified conglomerate GMR Infrastucture has posted a consolidated loss of Rs 725 crore for the January to March quarter as compared to a loss of Rs 1,127 crore in the year-ago period

Senators eye $579 billion in new infrastructure spending, $1 trillion plan

A bipartisan group of senators is eyeing an infrastructure deal with $579 billion in new spending as negotiators try to strike a nearly $1 trillion deal on Biden's top priority

Biden rejects new Republican offer, to continue infra talks next week

US President Joe Biden on Friday rejected a new Republican infrastructure counteroffer, but will continue talks with Republicans next week

FM asks ministries to front-load capex, ensure clearance of MSMEs' dues

Nirmala Sitharaman, during a virtual review meeting, emphasised that enhanced capex will play a critical role in revitalising the post-pandemic economy

Outright economic boom is missing from the Joe Biden revival budget

Economic growth is strong in 2021 and 2022 - but strong enough only to return the economy to its pre-pandemic trend line, not to surge above the trajectory it was on throughout the 2010s

While House encouraged by Senate Republicans' infrastructure counter-offer

White House Press Secretary Jen Psaki said it was encouraging to see Senate Republicans' $928-billion infrastructure counter-offer, while noting that major concerns remained

NHRC asks Union health ministry, Delhi govt to act on treatment deficit

The Commission has sought Action Taken Reports from the health secretary and Government of NCT of Delhi over the death of a toddler due to the alleged denial of proper treatment