Indian public’s growing wealth makes way into funding Modi’s infrastructure spree, via $1-trillion bond market

The growing wealth of India’s public is leading to a crucial shift in its $1 trillion sovereign bond market. Their savings — channeled through life insurers, provident and pension funds — are increasingly getting plowed into long-term debt, leading to a structural change in the costs of borrowing for Prime Minister Narendra Modi’s government. India’s […]

Mega infra push in Bihar: Rs 3,000 cr six-lane bridge to come up across river Ganga, eyes regional connectivity – Key details

A 4.5 Km long, 6-lane bridge will soon come up across the river Ganga, connecting two important districts Patna and Saran in the state of Bihar.The decision was taken in the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday, approving the vital project. The project is targeted to be completed […]

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