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Banks role must shift from supporting economy to financing transformation: Setty

India stands on the brink of a financial revolution aimed at enhancing high-value manufacturing and cutting-edge technology. The SBI chairman highlighted the importance of banking support to boost competitiveness in new industries. Key areas like renewables, semiconductors, and biotechnology hold the key to India’s economic future. Recent advancements in digital infrastructure exemplify how technology fosters innovative global solutions.

India stands on the brink of a financial revolution aimed at enhancing high-value manufacturing and cutting-edge technology. The SBI chairman highlighted the importance of banking support to boost competitiveness in new industries. Key areas like renewables, semiconductors, and biotechnology hold the key to India’s economic future. Recent advancements in digital infrastructure exemplify how technology fosters innovative global solutions.

Banks role must shift from supporting economy to financing transformation: Setty Read More »

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Gurugram collapses in rains while Greater Noida planned for 30-40 years: Supreme Court

The Supreme Court noted Gurugram’s infrastructure collapses during rains due to inadequate investment. Greater Noida was planned for the next forty years, unlike Gurugram. The court heard a plea challenging Karnataka’s Premium Floor Area Ratio scheme. This scheme allows purchasing additional construction rights by paying premium charges. The court clarified the scheme should not regularize illegal construction.

The Supreme Court noted Gurugram’s infrastructure collapses during rains due to inadequate investment. Greater Noida was planned for the next forty years, unlike Gurugram. The court heard a plea challenging Karnataka’s Premium Floor Area Ratio scheme. This scheme allows purchasing additional construction rights by paying premium charges. The court clarified the scheme should not regularize illegal construction.

Gurugram collapses in rains while Greater Noida planned for 30-40 years: Supreme Court Read More »