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Alta Capital-backed Elevate, IIT Madras in pact for 1,800-bed student housing projectElevate Campuses, backed by Alta Capital, is partnering with IIT Madras on a Rs 400-crore student housing project. This large-scale public-...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsFrom a macro perspective, it is clearly a good time to be bullish. But as valuations remain high in parts of the market despite the recent ...
- Noida International Airport begins commercial operations; first IndiGo flight from Lucknow to land at Jewar airportNoida International Airport officially commenced commercial flight operations on June 15, marking a significant boost for air connectivity ...
- India to surpass China in share of global GDP by 2060: ReportIndia is set to overtake China in global economic power by 2060. A new report indicates China's GDP share will decline in the latter half o...
- South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staffIn an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing...
- DK Shivakumar's first big test as Karnataka CM: Giving nod to Adani Enterprises Ltd road projectKarnataka Chief Minister DK Shivakumar faces a significant political challenge. His approval of Adani Enterprises' bid for a major tunnel r...
- Hyderabad Metro to turn profitable next year with IRFC’s low-cost loan: Telangana Chief SecretaryHyderabad Metro is set to become profitable next year. Indian Railways Finance Corporation has provided a Rs 13,527 crore loan to refinance...
- Centre plans Guwahati Water Metro in Phase I of nationwide rollout: Union minister Sarbananda SonowalIndia is set to launch Water Metro services in 18 cities, with Guwahati leading Phase I. This initiative aims to transform waterways into e...
- Centre allows big funds to bid for BOT highway projectsIndia's Ministry of Road Transport and Highways is opening build-operate-transfer road projects to large institutional investors. This poli...
- Venture capital and pension funds can now participate in highway PPP projectsNew government policy now permits financial entities like venture capital and pension funds to bid for highway projects. This move aims to ...
- Karnataka eyes larger role in commercial space economy; plans common testing facilityKarnataka is set to become a major hub for commercial space innovation. The state plans to boost its SpaceTech sector through a DeepTech De...
- Rs 50,000 rent in India but Rs 1.6 lakh in US: Why Delhi researcher is calling out the NRI salary flexShubham Chakraborty ignited a debate about NRIs flaunting salaries, highlighting the importance of Purchasing Power Parity (PPP). He argues...
- Indian economy size $15 tn in PPP term, more than half of US economy: NITI VC BeryNITI Aayog Vice-Chairman Suman Bery stated that India's economy is a USD 15 trillion economy in PPP terms, more than half the size of the U...
- India can become world's 2nd largest economy by 2031: RBI deputy guv Michael PatraReserve Bank of India Deputy Governor Michael D Patra outlined India's potential to become the world's second-largest economy by 2031 and t...
- India's GDP 11 times more than Bangladesh in PPP terms: Government sourcesIn 2019, India's GDP in Purchasing Power Parity (PPP) terms was 11 times more than that of Bangladesh while population was eight times more...
- Our service chiefs may earn more than US generalsThe Indian Army chief and his counterparts in the IAF and the Navy will draw more salary than the US generals once the 7th Central Pay Comm...
- RBI allows banks to invest in long-term infrastructure bonds to boost investmentIn a bid to boost infrastructure investment, the Reserve Bank today allowed banks to invest in long-term infrastructure bonds issued by oth...
- China denies becoming world's largest economy on PPP terms"The NBS also took part in the study, which established PPP for different countries, but we need to be cautious in applying the study resul...
- India displaces Japan to become third-largest world economy in terms of PPP: World BankPurchasing Power Parity is used to compare economies and incomes of people by adjusting for differences in prices in different countries.
- ET explains the concept of purchasing power parityIndia overtook Japan in 2011 to become the world's third largest economy in purchasing power terms. ET explains the concept of purchasing p...
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