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May 26, 2021 Expectation of stimulus, falling Covid cases to anchor market direction The Indian market on Wednesday will likely open on a flat note on lack of clear direction from global markets. However, with with May derivative contracts expiring on Thursday (tomorrow), the market is likely to witness volatility. However, according to analysts, reports of a Government stimulus package and falling Covid-19 cases are positive triggers. The SGX Nifty futures is currently ruling at 15,240 (8 am IST), indicating a flat opening for the Nifty. The Nifty May and June futures on Tuesday closed at 15,218 and 15,248.10 respectively. After opening positive on Tuesday, US stocks too ended flat surrendering initial gains. Similarly, Asia-Pacific markets such as Japan, China, Hong Kong, Australia, Taiwan and Korea are also witnessing a lackadaisical trading on Wednesday. ....
Ahead of Market: 12 things that will decide stock action on Friday indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Why India’s bullet train project is running late in Maharashtra Why India’s bullet train project is running late in Maharashtra | India Today Insight A proposed terminus in Mumbai faces delay in land acquisition. Maharashtra has acquired only a fourth of the total land required for the project in the state advertisement Maharashtra chief minister Uddhav Thackeray at a press conference, in Mumbai (Mandar Deodhar) Prime Minister Narendra Modi’s dream project, the Mumbai-Ahmedabad High Speed Bullet Train, was supposed to be commissioned by December 2023. But chances are it may not be realised before 2025 owing to the inordinate delay in land acquisition for the project in Maharashtra. The Uddhav Thackeray government is yet to complete land acquisition for the project that was formally launched in September 2017. ....
Updated Feb 10, 2021 | 16:11 IST As per NHSRCL, training sessions have been initiated to train technicians who will be handling the consolidation and triaxial testing at the lab facility. Bullet train on fast track! Work for geotechnical lab testing begins for Mumbai-Ahmedabad corridor New Delhi: Bullet train work in India is on fast track. Recently, work for detailed & comprehensive geotechnical laboratory testing began for the Mumbai-Ahmedabad High-Speed Rail corridor. The base of L&T’s testing facility has been established in Surat. Over there, training sessions have been initiated to train technicians who will be handling the consolidation and triaxial testing at the lab facility. As per NHSRCL, this process is in agreement with the national skill development mission and it also disseminates geotechnical investigation skills to engineers and technicians. ....
Shares of seven civil construction companies gained 2% to 7% after the central government announced outlay of Rs 1.18 lakh crore For Ministry of Road Transport And Highways. NCC (up 7.72%), Ashoka Buildcon (up 7.21%), KNR Constructions (up 5.63%), J. Kumar Infraprojects (up 4.07%), Sadbhav Engineering (up 3.81%), Man Infraconstruction (up 3.49%) and ITD Cementation India (up 2.61%) advanced. Presenting the Union Budget 2021, Finance Minister Nirmala Sitharaman said: To further augment road infra, more economic corridors are being planned. FM announced 3,500 km of national highway works in Tamil Nadu at an investment of Rs 1.03 lakh crore, 1,100 km of national highway works in Kerala at an investment of Rs 65,000 crore and 675 km of highway works in West Bengal at a cost of Rs 25,000 crore. ....