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We like buying Indian Equities & the Nifty i. In Q4 when NIFTY was at a 150% premium to EM, the street was bullish. We have now reached peak bearishness premium to EM is under 90% & RBI will end the rate cycle tomorrow. Add in infra spending from the budget & the outlook is good.
#ETNOWExclusive | The FM InterviewFinance Minister Nirmala Sitharaman speaks to ET NOW's Managing Editor@nikunjdalmia on the Govt's heavy-lifting in infra space and predictability in taxes @nsitharaman @nsitharamanoffco @FinMinIndia #NirmalaSitharamanfc
$GLO unit signed tower lease with Thai firm. GLO’s Skytowers Infra, Inc., signed a lease accord with Thai-based Sky Tower Plc, for telco towers in Southern Luzon. The move is part of GLO’s monetization of passive assets. No further details were given.
$AC remains interested in NAIA modernization. AC CFO Albert de Larrazabal said they remain interested in NAIA’s modernization via the NAIA Consortium (includes Aboitiz InfraCapital, AGI, Asia’s Emerging Dragon, FDC & JGS).
Centre’s push towards rural #housing and water supply infra will lead to the kind of #jobcreation in rural areas that justifies lesser allocation to its flagship #ruralemployment guarantee scheme, CEA Nageswaran said. @aruproytweets reports #RuralEconomy
#Volvo is exploring possibilities to set up a new #EV manufacturing facility outside #China and #India is a contender in the race, according to reports. The demand for EVs is expected to jump in 2023 due to advancements in charging infra #ElectricVehicles
“We are in a very good period as far as infrastructure is concerned," says Parvesh Minocha, Chairman, Feedback Infra | #BTBudgetRoundTable #UnionBudget2023 @AabhaBakaya LIVE: ……
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The Economic Survey presents a comprehensive analysis of India's growth trajectory including the global optimism towards our nation, focus on infra, growth in agriculture, industries and emphasis on futuristic sectors.
Better air connectivity. More cities with metro transport. Record push for infra. Modernising railways. Here’s a glimpse of how India is building next gen infra for our people. #8YearsOfInfraGati
In Chennai, development works worth over Rs. 31,000 crore would either be inaugurated or their foundation stones would be laid. These projects cover key infra sectors such as railways, petroleum, housing and roads. Commerce and connectivity would be boosted by these works.
Addressing a programme on infra modernisation in Pandharpur.
Inaugurating development projects in Kerala. #BetterInfra4BrightKerala
Currently development projects worth over Rs. 8000 crore are being worked upon in Kashi. This includes physical and social infra facilities. Our emphasis is on quality and timely completion. Also discussed was the iconic Kashi Vishwanath Dham Project.
We had extensive interactions on sectors like banking, finance, hospitality, tourism and infra. Government and industry are conscious about informal sector’s well-being. Industry leaders highlighted steps towards maintaining supply lines of essential items and medical equipment.
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