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budget: Increased capex to push steel demand in India: Indian Steel Association

Synopsis In her Budget speech for the financial year 2021-22, Finance Minister Nirmala Sitharaman had also announced to set up a Development Financial Institution (DFI). Getty Images For the steel industry, Sitharaman had announced reducing the duty to 7.5 per cent on products. New Delhi: The increased capital expenditure for infrastructure projects in Union Budget 2021-22 will push demand for steel in the country, industry body ISA said on Wednesday. To augment the country s infrastructure, the Budget proposed significant enhancement in capital expenditure to Rs 5.54 lakh crore for the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP).

Odisha CM proposes early completion of National Highway projects in mine rich Keonjhar

Odisha CM proposes early completion of National Highway projects in mine rich Keonjhar ANI | Updated: Feb 02, 2021 22:49 IST Bhubaneswar (Odisha) [India], February 2 (ANI): Odisha Chief Minister Naveen Patnaik on Tuesday proposed for early completion of various ongoing National Highway (NH) projects in mine rich Keonjhar district in the state and subsequent eight-laning of the projects. As per an official release, the Chief Minister said this while taking up several important infrastructure projects with Union Road Transport and Highways Minister Nitin Gadkari on virtual mode, where Union Petroleum and Steel Minister Dharmendra Pradhan also participated. Patnaik said that Keonjhar is quite an important district for the state s economy and also for the steel industry of the entire country.

Amit Shah, Rajnath Singh, other union ministers wish the nation on 72nd Republic Day

Amit Shah, Rajnath Singh, other union ministers wish the nation on 72nd Republic Day ANI | Updated: Jan 26, 2021 09:45 IST New Delhi [India], January 26 (ANI): As the country geared up to celebrate the 72nd Republic Day, Union Cabinet Ministers extended their greetings to the nation on the occasion. Greeting the nation, Union Home Minister Amit Shah tweeted, Republic Day is a symbol of India s multicolored diversity and rich cultural heritage. I remember all the great personalities whose struggle enforced our Constitution to this day in 1950 and also salute all the brave men who have protected the Indian Republic with their valor. Warm wishes to all citizens of India on the occasion of 72nd #RepublicDay. Jai Hind! wrote Defence Minister Rajnath Singh on his official Twitter handle.

World Economic Forum s online Davos summit begins; PM Modi to address on January 28

Story highlights The World Economic Forum said there would be 15 special addresses from G20 heads of state and government and international organisations during the summit that will continue till January 29. The World Economic Forum s online Davos Agenda Summit began on Sunday night with the premier of a concert filmed during the coronavirus pandemic in different parts of the world and the event will see top global leaders, including Prime Minister Narendra Modi and Chinese President Xi Jinping, speak on the state of the world over the next five days. After a welcome address by WEF Founder and Executive Chairman Klaus Shwab, Swiss President Parmelin delivered a special address, followed by annual Crystal Awards and the premier of See Me: A Global Concert .

WEF s Online Davos Summit Begins; PM Modi To Address On January 28, Xi Jinping On January 25

WEF s Online Davos Summit Begins; PM Modi To Address On January 28, Xi Jinping On January 25
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