Modi government's move to fix creaky infrastructure

THE ECONOMIC TIMES Sat, Feb 06, 2016 | 03:07 PM IST Weekly Platter Newsletter

NIIF: Modi government's move to fix India's creaky infrastructure India needs over $1 tn over the next 5 years to fix its creaky infra. A substantial part of this has to be in form of equity, a gap that NIIF is looking to fill. read more Make in India effect: Manufacturing PMI at a 4-month high on strong demand At 51.1 in January, up from 49.1 in December, the seasonally adjusted Nikkei India Manufacturing Purchasing Managers' Index (PMI) moved back above the 50 mark denoting expansion. India too democratic, but PM Narendra Modi forcing things to be done: Nassim Nicholas Taleb at ET GBS "There is an effort. He has shown results but he should be interested in the ethics of the process. That's got to be central."

Editor's Pick Rent your rooftop and get solar power at a cheaper rate Commercial buildings, malls and others are the target for these operators who would set up solar rooftops for free and sell you power at rates that are cheaper than the local utilities. Oil may rally to $50 raising demand for raw materials Schroders says the oil price could rally almost two-thirds in a few months as a slump to a 12-year low means producers will have to cut output. World Bank expert Parameshwaran Iyer appointed to lead Swachh Bharat mission The government has appointed World Bank's water and sanitation specialist, Parameshwaran Iyer, as the new Secretary of the Drinking Water and Sanitation Department. Budget 2016: Swiping your card may help you save tax Govt may announce tax benefits for non-cash transactions in this year's Budget following recommendations made by the PCI.

Most Popular This Week PM Modi has brought a paradigm shift in defence; 'Make in India' an imperative: BrahMos' Sudhir Mishra Time machine: Infosys to build tallest free-standing clock tower Companies like IBM, Deloitte rolling out benefits for aged parents, parents-in-law of young employees Snapdeal not to renew Aamir Khan's contract as brand ambassador PM Narendra Modi unhappy with BJP spokespersons

Story of The Week RBI's Rajan puts ball in Arun Jaitley's court: 5 takeaways from monetary policy review According to the RBI governor, the current momentum of growth is reasonable, though below what should be expected over the medium term. read more

Money

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Stock Round Up 10 stocks to buy post RBI's money policy and in the runup to Budget RBI is now pinning hopes on the forthcoming budget for signs of continued fiscal consolidation & pro-growth reforms, which could boost investment activity.

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