Government receives 32 applications under PLI scheme for IT hardware – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/government-receives-32-applications-under-pli-scheme-for-it-hardware/article67252574.ece Clipped from: https://www.thehindubusinessline.com/news/government-receives-32-applications-under-pli-scheme-for-it-hardware/article67252574.ece Companies include Dell, HP, Foxconn, Rising Star, Optiemus Bhagwati The Government on Wednesday said it has received 32 applications of laptop manufacturers

Not just problem boy El Nino, here’s another disruptor for India’s economy

Read more at:https://economictimes.indiatimes.com/news/economy/policy/not-just-problem-boy-el-nino-heres-another-disruptor-for-indias-economy/articleshow/103203900.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/news/economy/policy/not-just-problem-boy-el-nino-heres-another-disruptor-for-indias-economy/articleshow/103203900.cms Clipped from: https://economictimes.indiatimes.com/news/economy/policy/not-just-problem-boy-el-nino-heres-another-disruptor-for-indias-economy/articleshow/103203900.cms Synopsis El Nino and the Madden Julian Oscillation (MJO) are causing below-normal rainfall in India, which could lead to

Supply-side issues on top priority as Govt unleash measures to control food inflation – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/supply-side-issues-on-top-priority-as-govt-unleash-measures-to-control-food-inflation/article67241326.ece Clipped from: https://www.thehindubusinessline.com/economy/supply-side-issues-on-top-priority-as-govt-unleash-measures-to-control-food-inflation/article67241326.ece Micro-monitoring has been started to check any malpractices that could disrupt domestic supplies. Close after Prime Minister Narendra Modi announced that the

China’s worsening economic slowdown is rippling across the globe – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/world/chinas-worsening-economic-slowdown-is-rippling-across-the-globe/article67243645.ece Clipped from: https://www.thehindubusinessline.com/news/world/chinas-worsening-economic-slowdown-is-rippling-across-the-globe/article67243645.ece Policymakers are bracing for a hit to their economies as China’s imports of everything from construction materials to electronics slide China’s economy

India should carefully pursue its BRICS strategy – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/india-should-carefully-pursue-its-brics-strategy/article67241293.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/india-should-carefully-pursue-its-brics-strategy/article67241293.ece The agenda of BRICS, spelt out in the joint statement released in Johannesburg, quite openly promotes China’s strategic and economic interests It’s

Concrete alliance: The Hindu Editorial on the BRICS grouping and its expansion   – The Hindu

https://www.thehindu.com/opinion/editorial/concrete-alliance-the-hindu-editorial-on-the-brics-grouping-and-its-expansion/article67235615.ece Clipped from: https://www.thehindu.com/opinion/editorial/concrete-alliance-the-hindu-editorial-on-the-brics-grouping-and-its-expansion/article67235615.ece BRICS found new purpose with its expansion, but also more contradictions  If there was any doubt about the relevance of the BRICS

Fed’s hawkish tone sparks interest rate futures shift: November-December hike likely – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/feds-hawkish-tone-sparks-interest-rate-futures-shift-november-december-hike-likely/article67236381.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/feds-hawkish-tone-sparks-interest-rate-futures-shift-november-december-hike-likely/article67236381.ece Interest rate futures signal potential tightening by the Fed following Jerome Powell’s moderately hawkish stance at Jackson Hole symposium. Economic growth, inflation,

BRICS Bloc Expands: A New Chapter of Global Influence and Collaboration Begins | The Financial Express

https://www.financialexpress.com/business/defence-brics-bloc-expands-a-new-chapter-of-global-influence-and-collaboration-begins-3221474/ Clipped from: https://www.financialexpress.com/business/defence-brics-bloc-expands-a-new-chapter-of-global-influence-and-collaboration-begins-3221474/ With over two dozen countries applying for membership, including UAE, Saudi Arabia, Egypt, Argentina, and Indonesia, the expansion process has drawn significant

Outward remittances under RBI’s LRS rise 50% to $9.1 billion in Q1

https://www.business-standard.com/finance/news/outward-remittances-under-rbi-s-lrs-rise-50-to-9-1-billion-in-q1-fy24-123082200836_1.html Clipped from: https://www.business-standard.com/finance/news/outward-remittances-under-rbi-s-lrs-rise-50-to-9-1-billion-in-q1-fy24-123082200836_1.html According to the latest RBI data, the amount remitted under LRS stood at $9.1 billion in Q1FY24, compared with $6.05 billion in

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