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Thursday, July 16, 2020

Spend big on infra for revival: Advisers to PM

Prime Minister Narendra Modi’s key economic advisors have proposed an investment-led stimulus by the government to help revive the economy. The proposed massive spending on infrastructure, along with an upgrade of urban facilities, is expected to create durable assets and jobs, and generate demand for cement and steel.

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Indichip Semiconductors inks deal with Andhra govt to set up Rs 14,000 crore facility

Amaravati-based Indichip Semiconductors Ltd and Japan's Yitoa Micro Technology will invest Rs 14,000 crore in Andhra Pradesh to establis...