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INDIA MANUFACTURING BOOST
India considers measures to boost local production of 100 critical inputs to cut import reliance, government official saysIndia is taking steps to encourage the local manufacturing of 100 key items that are currently imported. This initiative aims to decrease d...
Will Rs 5 lakh crore bet on Jio open floodgates for India's mega IPOs?Jio Platforms' recent IPO generated considerable public enthusiasm, showcasing a notable appetite for large-scale offerings among investors...
HAL, BEL, Paras Defence, other stocks rise up to 4% after DAC clears proposals worth Rs 2.12 lakh croreIndia’s Defence Acquisition Council approved defence procurement proposals worth ₹2.12 lakh crore, with 82% expected from domestic industry...
India expected to extend duty-free cotton imports through December, sources sayIndia is expected to extend the 11% customs duty exemption on cotton imports until the end of December to ease supply shortages, lower dome...
Buy local and indigenous products: PM’s appealDuring his monthly 'Mann ki Baat' address, Prime Minister Narendra Modi urged citizens to buy local products. He emphasized the importance ...
Chinese smartphone brands lose India market share as chip costs soarChinese smartphone brands' market share in India decreased to 67-68% in the recent July-September quarter. This decline represents the lowe...
German businesses now see India as manufacturing, R&D and innovation hub: Piyush GoyalGerman companies are increasingly viewing India as a strategic manufacturing and innovation hub for the future. During a recent visit, Comm...
Govt to issue consultation paper on AI law in coming weeks: VaishnawThe minister said that global giants, who are among the top three or four AI ecosystems in the world, need to work jointly on fundamental p...
India must shift from rice volume to value, says Food Processing Minister Chirag PaswanIndia has progressed in rice production and is now focusing on value addition and food processing. Food Processing Industries Minister Chir...
Samsung to boost India phone exports under new incentive schemeThe South Korean electronics giant is considering expanding India production, including making fresh investments, to boost exports from her...
India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
Domestic cos need strategic approach to tap India-Europe FTA gains: FICCIIndian companies must adopt a strategic approach to fully leverage the European free trade agreement benefits, as tariff concessions alone ...
US secretary of state Marco Rubio, Ambani discuss energy and tech cooperationUS Secretary of State Marco Rubio's recent visit to the Reliance Industries refinery in Jamnagar signified a pivotal step towards enhancing...
Critical tech list under review to push self-relianceIndia's Niti Aayog is preparing a list of critical technologies for enhancing self-reliance and investment. This initiative aims to protect...
Bears control sentiment. Structural changes control growth. 5 stocks from the water management spaceThere is little doubt that the market is facing some fierce headwinds. But remember this: A headwind, however fierce, can only do two thing...
Welspun Corp’s $350 million US bet rides rising oil, gas pipeline demandWelspun Corp is focusing on the US market by investing $300-350 million in two manufacturing plants. The company aims to benefit from incre...
Ferrari accelerates India expansion, opens doors to EU trade pact benefitsFerrari is expanding its presence in India by opening dealerships in Chennai and Ahmedabad. The company aims to take advantage of the propo...
NMDC puts nickel foray on hold on global oversupply concerns, sources sayState-run NMDC has paused its planned entry into nickel, citing oversupply concerns in Indonesia, which accounts for more than 60% of globa...
Semiconductor ecosystem: Made in India and designed for IndiaIndia’s competitive advantage will not come from manufacturing at China’s scale or cost. It lies in building customised devices for specifi...
NITI Aayog explores policies to boost India's medical and dental device manufacturing industryNITI Aayog is exploring policy measures to improve the manufacturing capabilities of medical and dental devices in India. The meeting inclu...