Indian stock market opens higher, Nifty above 23,000

IANS | January 29, 2025 9:40 AM

Mumbai, Jan 29 (IANS) The domestic benchmark indices opened higher on Wednesday for second day in a row, as investors are now looking forward to positive cues in the upcoming Union Budget 2025-26.

Maha: Terminal 1 modernisation at CSMIA to help serve additional 20 mn passengers per annum

IANS | January 28, 2025 4:54 PM

Mumbai, Jan 28 (IANS) Mumbai International Airport Limited (MIAL), operator of Chhatrapati Shivaji Maharaj International Airport (CSMIA), is set to embark on a landmark transformation with the redevelopment of Terminal 1 (T1) which will have the capability to serve 20 million passengers per annum (MPPA), up 42 per cent from its current capacity, it was announced on Tuesday.

RBI's liquidity booster to ease stress in money markets: Top brokerages

IANS | January 28, 2025 4:26 PM

New Delhi, Jan 28 (IANS) The latest Reserve Bank of India (RBI) measures worth Rs 1.5 lakh crore to inject liquidity into the banking system should ease the stress in money markets, while the start of bond purchases is also likely to drive rupee rates lower through signalling effect and expectation channel that RBI will avoid any tightening of liquidity conditions and will potentially need to do more open market operation (OMO) purchases, leading brokerages said on Tuesday.

Union Budget: PMAY holds key to affordable housing for millions

IANS | January 28, 2025 12:16 PM

New Delhi, Jan 28 (IANS) The Pradhan Mantri Awas Yojana (PMAY-Urban) has made steady progress since it was announced in mid-2015 in providing affordable housing and going forward, adaptable, sustainable and low-cost construction technologies can be used to rapidly develop large mass housing projects, according to a report on Tuesday.