In an important development that is likely to have long-term ramifications for the world’s fifth-largest economy and the South Asian region, India and the US have announced new areas of research on transformational power generation based on supercritical CO2 (sCO2) power cycles and advanced coal technologies, including carbon capture, utilisation and storage (CCUS).

In an important move on Wednesday evening, the Union Cabinet, chaired by Prime Minister Narendra Modi, gave its approval for the development of Affordable Rental Housing Complexes (AHRCs) for urban migrants and poor as a sub-scheme under Pradhan Mantri Awas Yojana-Urban (PMAY-U).

The finance minister announces affordable rental accommodation for migrant workers and urban poor and extends subsidy under the prime minister’s housing programme.

The Rs 20 trillion economic revival package announced on Monday by Prime Minister Narendra Modi ranks among the most substantial in the world relative to the country’s GDP. Of the five pillars identified to support the edifice of a New India, infrastructure forms the second pillar.

Further extension of the nationwide lockdown by Prime Minister Narendra Modi till May 3 is going to weigh on the economy.

The sharp decline in demand in FY2021 will delay capacity addition and impact profitability in the cement sector in the medium-term, warns a CRISIL report.

The Rs 20 trillion economic revival package announced by Prime Minister Narendra Modi is among the most substantial in the world. Of the five pillars identified by Modi to support the edifice of a New India, infrastructure occupies the second place.

The announcement of a fiscal stimulus package of Rs 20 trillion, constituting nearly 10 per cent of India's GDP, is truly a shot in the arm for the economy.

After smart passes and smart lighting, smart video analytics is going to be the next big thing to understand the movement of people in the city.