Infrastructure Spending
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"Indian Roads Will Be Similar To That Of America In 2 Years": Minister Nitin Gadkari
Union Minister Nitin Gadkari asserted on Monday that Indian road infrastructure will be comparable to America's in another two years, backing his argument that his government has ramped up spending on roads and highways over the past decade.
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India Well-Positioned To Deal With Negative Effects Of US Tariffs: Moody's
India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.
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'Rs 14 Crore To Masood Azhar...': Rajnath Singh's Warning On Pak Terror Plans
Defence Minister Rajnath Singh offered a stark warning Friday about Pakistan's plans to "spend tax collected from its citizens... to give Rs 14 crore to Masood Azhar", designated an 'international terrorist' by the UN.
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Germany's Spending "Bazooka" For Military, Infra Passes Final Hurdle
Germany's upper house of parliament on Friday gave the final seal of approval to a massive spending package to build up the military and overhaul infrastructure.
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India to Cap Investment in EV Charging for Tariff Relief as Tesla Entry Looms, Document Shows
India's EV policy will restrict them from using funds spent on charging infrastructure for such relief. But the policy will mandate that automakers can count only five percent of their total EV investment as coming from creation of charging infrastructure, even if they spend much more on the power network, according to government document.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
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All About Sean Duffy, Donald Trump's 2nd Cabinet Pick From Fox News
Donald Trump has nominated Fox Business host Sean Duffy to be the next Transportation Secretary. The former congressman will replace Pete Buttigieg in January to oversee a huge federal portfolio of infrastructure spending and transit regulations.
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Trump Picks Sean Duffy, Former Congressman, As Transportation Secretary
Donald Trump on Monday nominated former congressman Sean Duffy to be transportation secretary and oversee a huge federal portfolio of infrastructure spending and transit regulations.
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Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
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Government Approves $1.3 Billion Incentive Scheme for Electric Vehicles
India has approved a scheme to spend Rs. 109 billion ($1.3 billion) on incentives for the adoption of electric vehicles. Adoption of EVs is still low in India, but is on the rise as the government promotes clean energy, offering companies incentives to build vehicles and parts in the country.
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"Diluted, Undermined": Shashi Tharoor vs Jay Panda On Jobs Plan In Budget
Job creation as the focus of this year's budget and the Centre's much publicised spends on infrastructure became the two key issues over which Congress's Shashi Tharoor and the BJP's Jay Panda butted heads this evening.
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PM Modi Likely To Focus On Infrastructure, Avoid Big Spend In Budget: Analysts
Prime Minister Narendra Modi is expected to buck a trend of spending big on new welfare programmes in a budget before a general election to instead focus on infrastructure to keep the economy humming while narrowing the budget gap.
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India To Spend Rs 143 Lakh Crore On Infrastructure Till 2030: Report
India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today.
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U.S. To Spend More Than $3 Billion On EV Battery Manufacturing - Report
The funds will be allocated by the Department of Energy from the $1 trillion infrastructure bill President Joe Biden signed last year.
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"Indian Roads Will Be Similar To That Of America In 2 Years": Minister Nitin Gadkari
Union Minister Nitin Gadkari asserted on Monday that Indian road infrastructure will be comparable to America's in another two years, backing his argument that his government has ramped up spending on roads and highways over the past decade.
-
India Well-Positioned To Deal With Negative Effects Of US Tariffs: Moody's
India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.
-
'Rs 14 Crore To Masood Azhar...': Rajnath Singh's Warning On Pak Terror Plans
Defence Minister Rajnath Singh offered a stark warning Friday about Pakistan's plans to "spend tax collected from its citizens... to give Rs 14 crore to Masood Azhar", designated an 'international terrorist' by the UN.
-
Germany's Spending "Bazooka" For Military, Infra Passes Final Hurdle
Germany's upper house of parliament on Friday gave the final seal of approval to a massive spending package to build up the military and overhaul infrastructure.
-
India to Cap Investment in EV Charging for Tariff Relief as Tesla Entry Looms, Document Shows
India's EV policy will restrict them from using funds spent on charging infrastructure for such relief. But the policy will mandate that automakers can count only five percent of their total EV investment as coming from creation of charging infrastructure, even if they spend much more on the power network, according to government document.
-
Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
-
OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
-
All About Sean Duffy, Donald Trump's 2nd Cabinet Pick From Fox News
Donald Trump has nominated Fox Business host Sean Duffy to be the next Transportation Secretary. The former congressman will replace Pete Buttigieg in January to oversee a huge federal portfolio of infrastructure spending and transit regulations.
-
Trump Picks Sean Duffy, Former Congressman, As Transportation Secretary
Donald Trump on Monday nominated former congressman Sean Duffy to be transportation secretary and oversee a huge federal portfolio of infrastructure spending and transit regulations.
-
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
-
Government Approves $1.3 Billion Incentive Scheme for Electric Vehicles
India has approved a scheme to spend Rs. 109 billion ($1.3 billion) on incentives for the adoption of electric vehicles. Adoption of EVs is still low in India, but is on the rise as the government promotes clean energy, offering companies incentives to build vehicles and parts in the country.
-
"Diluted, Undermined": Shashi Tharoor vs Jay Panda On Jobs Plan In Budget
Job creation as the focus of this year's budget and the Centre's much publicised spends on infrastructure became the two key issues over which Congress's Shashi Tharoor and the BJP's Jay Panda butted heads this evening.
-
PM Modi Likely To Focus On Infrastructure, Avoid Big Spend In Budget: Analysts
Prime Minister Narendra Modi is expected to buck a trend of spending big on new welfare programmes in a budget before a general election to instead focus on infrastructure to keep the economy humming while narrowing the budget gap.
-
India To Spend Rs 143 Lakh Crore On Infrastructure Till 2030: Report
India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today.
-
U.S. To Spend More Than $3 Billion On EV Battery Manufacturing - Report
The funds will be allocated by the Department of Energy from the $1 trillion infrastructure bill President Joe Biden signed last year.
