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NEDA chief: Marcos to issue EO for gov't flagship infra projects

PRESIDENT Ferdinand Marcos Jr. will issue an executive order (EO) for the quick processing of licenses, clearances, permits, certifications, and authorizations for the infrastructure flagship projects (IFPS) of the administration, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said on Thursday. ....

Arsenio Balisacan , Ferdinand Marcos Jr , Board Committee On Infrastructure , Department Of Environment , Communications Technology , Department Of Information , Terms Of Service , National Economic , Office Of The , Development Authority , Red Tape Authority , Secretary Arsenio Balisacan , Official Gazette , Executive Secretary , Manila Times , Anti Red Tape Authority , Natural Resources , Gov T ,

Infra push to drive cement demand up 10-12 pc this fiscal: Report

The Indian government s increased spending on infrastructure projects such as roads, railways, and power is expected to boost cement demand by 10-12% this fiscal year. Cement demand is projected to reach 440 million tonnes in fiscal 2024, driven by strong demand from the infrastructure sector. Combined with stable cement prices and lower power and fuel costs, cement manufacturers operating profits are expected to rebound. The demand growth will also support the credit profiles of cement companies. ....

Koustav Mazumdar , Naveen Vaidyanathan , Crisil Ratings , Still July , Cement Prices ,

small-caps: Analysts on the road ahead for mid- & small-caps

​We are in a structural bull market depicted by the acceleration of upward momentum in broader market post breakout from the fi ve-year consolidations of the Nifty Midcap vs. Nifty ratio line. ....

Nifty Midcap , Nifty Smallcap , Small Caps ,

nfra: NFRA for effective communication between auditors and firm management

The regulators like NFRA and Sebi may tighten vigil around the need for the "effective two-way communication process" soon, they said. At present, auditors in many cases are found to give a last-minute report/presentation to the audit committee of a company, consisting mainly of independent directors, just before the board is about to approve its financial statement, one of the persons said. "So, the auditor s report isn t scrutinised properly by the audit committee. Also, there is no effective two-way communication process, as required," he added. ....

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