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infrastructure projects of different ministries, including roads and railways, worth Rs 15.89 lakh crore have been recommended for approval under the PM GatiShakti initiative so far, a top government official said on Wednesday. These projects have been recommended by the Network Planning Group (NPG) constituted under the PM GatiShakti initiative launched on October 13, 2021. «So far, 228 projects have been assessed under the initiative worth Rs 1,588,919 lakh crore,» Additional Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), Rajeev Singh Thakur told reporters here. There are several benefits of using the PM GatiShakti system, including significant cuts in time and cost for planning these infrastructure projects.

At ages 57 and 52, Leo* and Siobahn would like to semi-retire when they each turn 60, but they will be carrying a significant mortgage well into retirement – something to be avoided at all costs, according to many of the financial planning guides Leo has read. Is this really such a bad thing — especially since their $2.6 million forever B.C. home has a separate, two-bedroom income-generating suite?

Driving in the snow isn’t enjoyable for many people

Check out the best air purifiers with HEPA filters:There’s plenty of research backing up how effective air purifiers are. Air purifiers operate by actively pulling indoor air into the device using a fan mechanism. Once inside, the air passes through one or more specialised filters designed to capture and trap various pollutants.

Subscribe to enjoy similar stories. Recently, there have been news reports in India hinting at the possibility of a new Pay Commission. The basis of these stories is a memorandum submitted by the staff side of the National Council of the Joint Consultative Machinery to the new cabinet secretary and finance secretary, requesting the prompt establishment of the 8th Pay Commission, the rationale for this demand being that it has been 10 years since the last one.

Indian stock market for the last one year or so. The mutual funds that have been following the value investing strategy have offered handsome returns in the last year. However, fund houses that had been following the growth strategy have suffered. If you swear by value investing principles, you may invest in value funds to take care of your long term needs. If you are new to value investing, you should acquaint yourself with this style of investing and its merits and demerits. A value investor tries to choose stocks that are available at cheaper valuations. These investors employ various ratios and methodology to identify such stocks. Essentially, they look for stocks that are available at a discount to their real or intrinsic value. Simply put, it means the market hasn't discovered the true potential of these stocks and they are available at a discount. Also Read | Best focused mutual funds to invest in November 2024

A congressional panel has recommended that the U.S. toughen its trade relationship with Beijing

Compared to other Organization for Economic Co-operation and Development countries, Canada relies more on personal taxation revenues, which generally account for about 50 per cent of overall government revenues — that’s a big number — though it varies annually.

Figuring out what to do with a small business when an owner is ready to retire can be difficult, but it’s best to have a plan well in advance of making a big change

In a report published on Monday (18 November), the financial watchdog said migration to the T+1 settlement should take place by an «optimal date» of 11 October 2027, while urging a «coordinated approach» across Europe to achieve this timeline. The regulator said it considered the industry to need at least 31 months to prepare and make the necessary investments and adapt processes, as well as the urgency to address the «misalignment» with international capital markets. IA urges UK, EU and Swiss regulators to align T+1 settlement rollout timeline ESMA said the operationalisation of T...

Honasa Consumer, the parent company of Mamaearth, extended losses for the second consecutive session, falling 34% over two days to their 52-week low of Rs 242.60 on the BSE, after the company’s Q2 results disappointed the Street. Mamaearth shares fell by 18% in Tuesday's session, following a 20% decline in yesterday's trade.

Axis Securities has a buy call on Ambuja Cements with a target price of Rs 601. The current market price of Ambuja Cements is Rs 548.55. Ambuja Cements, incorporated in 1981, is a Large Cap company with a market cap of Rs 134708.22 crore, operating in the Cement sector. Ambuja Cements' key products/revenue segments include Cement, Other Operating Revenue and Scrap for the year ending 31-Dec-2021.

thematic funds in the said period. SBI Automotive Opportunities Fund, the only auto sector based fund, lost the most at around 12.42% in the last one month. Consumption theme based funds lost 9.18% in the same period.

Finance Commission is open to considering alternate index for devolution of funds to states with regard to natural calamities and state-specific issues, Chairman of the 16th Finance Commission Arvind Panagariya said here on Monday. The problems arising due to natural disasters were beginning to get more and more acute, he said and pointed out that the 15th Finance Commission has recommended partial devolution of funds. «The Commission is very much open to looking at alternate ways of measuring disaster relief, provided we can do it across all the states. The index has to be transparent and acceptable,» Panagariya told reporters after a long session with the Tamil Nadu government earlier in the day. Apart from Tamil Nadu, states like Himachal Pradesh which the Finance Commission had consulted, put forth a similar view. «Let me look into it if any particular type of disaster is not included,» the Chairman said.

Subscribe to enjoy similar stories. For many, winter is not a season they look forward to as it brings a host of health challenges.

NTPC Green Energy is set to open for public subscription tomorrow, November 19, and will close on November 22. Ahead of the issue, the grey market premium (GMP) for NTPC Green Energy shares is around Rs 1-2, indicating a 1% premium over the issue price.

ELSS funds or tax-saving funds have turned Rs 10,000 monthly SIP to more than Rs 1 crore in the last 25 years. Only these seven ELSS funds have completed 25 years of existence in the market. SBI Long Term Equity Fund, the oldest ELSS fund, turned Rs 10,000 monthly SIP to Rs 5.66 crore in the last 25 years. The scheme gave an XIRR of 19.43% in the same period.

mutual funds. Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market. Flexi cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven years. As said earlier, these schemes have the freedom to invest anywhere depending on the view of the fund manager. For example, he or she might invest more in large cap stocks. Or in a bull market she might invest more in mid cap or small cap stocks. Investors should be extremely careful about this aspect. Investors should make sure that they are choosing a scheme that is in line with their risk appetite. For example, some flexi cap schemes may be more conservative than others. It is for you to identify the one that suits your temperament.

Hong Kong stocks are cheap but may miss out on the benefits of China's efforts to support its economy, analysts at Goldman Sachs said, while downgrading their recommendation on the market. «Although valuations are not demanding, Hong Kong does not offer much economic or earnings growth,» Goldman analysts said in an Asia-Pacific portfolio strategy note published on Sunday, which recommended an underweight allocation to Hong Kong.

Indigo Airlines issued a travel advisory for passengers owing to fog conditions in the national capital on Sunday. In a post on X, the airlines recommended passengers to allow extra travel time and check flight status before starting their journey. «Fog is currently affecting visibility in Delhi, which may result in slow-moving traffic and delays in flight schedules. We recommend allowing extra travel time and checking flight status before starting your journey. Safe travels!» the post mentioned.

Subscribe to enjoy similar stories. India stands out as a compelling growth and transformation story, largely driven by infrastructure, with GDP growth projected at 6.5% or higher in 2024 and 2025—one of the highest growth rates of any peer economy in the world, said Stefan Hofer, managing director and chief investment strategist at LGT Bank Asia. “So, we want to buy that growth." Though, “the natural caution is the valuation," he warned.