Kavita Shirvaikar
Wholetime Director and CFO, Patel Engineering Limited
What are your views on the Indian infrastructure industry and government spending on the sector?
In the realm of infrastructure development, the government is making significant efforts as it injects substantial financial resources and efforts into various projects. The government’s strategic focus on infrastructure spending is expected to not only stimulate economic activity but also foster innovation, ultimately building a society that is more resilient and connected, ready to tackle future challenges. To maximise the value of capital investment, integrated infrastructure development is in the spotlight. The PM Gati Shakti National Master Plan, a pathbreaking initiative of the Government of India, paves the way for inter-ministerial projects. This in turn will provide efficient connectivity which will be driven by various schemes such as the National Infrastructure Pipeline.
The scheme has a target expenditure on infrastructure development of over USD 1.8 trillion till 2025. The Government of India has upgraded infrastructure development in the last few years by increasing the infrastructure budget by about 75 per cent and by implementing policies to encourage private sector participation. Looking ahead, the future is bright with projections pointing to a robust growth rate in infrastructure investment between FY21 and FY26, with a compound annual growth rate (CAGR) of 11.4 per cent. This surge in government spending on urban infrastructure will further bolster the development and transformation of our cities, paving the way for a more prosperous and sustainable future.
How do you expect the hydropower industry and the irrigation sector to evolve in India for the next few quarters?
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
