Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/government-approves-four-firms-under-pli-scheme-for-bulk-drugs/articleshow/83118978.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis All the 215 applications received for the 36 products spread across the four target segments were considered and appraised and selected participants duly
Category: EXIM
What do the latest GDP numbers tell us? Sadly, nothing encouraging – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-what-do-the-latest-gdp-numbers-tell-us-sadly-nothing-encouraging/articleshow/83124097.cmsSynopsis Barring agriculture, which continued its stellar performance, growing at 3.6% in FY2021, and electricity that grew at 1.9%, every other sector contracted during
Overall impact of second COVID-19 wave on economy not likely to be large, says CEA Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/overall-impact-of-second-covid-19-wave-on-economy-not-likely-to-be-large-says-cea-subramanian/articleshow/83117733.cmsSynopsis He further said that given the circumstances due to the pandemic, it is difficult to forecast if the country would achieve a double
The rocket rupee | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rocket-rupee-121053000932_1.html It does feel like we are close to the end of the rupee’s rally, says Jamal Mecklai Technically, it is beginning to appear
Stimulus package should be broad-based, like Budget: NITI Aayog chief | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/stimulus-package-should-be-broad-based-like-budget-niti-aayog-chief-121053000658_1.html In a Q&A, Amitabh Kant says the package should aim to lift growth instead of picking specific sectors for assistance Amitabh Kant said
Distant thunder in the world economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/distant-thunder-in-the-world-economy-121053000925_1.html We’re in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation Here
From ACs to LED lights, what the PLI booster dose can do for India’s white goods sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/from-acs-to-led-lights-what-the-pli-booster-dose-can-do-for-indias-white-goods-sector/articleshow/83056607.cmsSynopsis The Government has been ambitious in rolling out large sums for incentivising manufacturing in India. For the white goods sector also, the Cabinet
India’s apparel exporters stare at a rough patch amid Covid lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/apparel-exporters-stare-at-a-rough-patch/articleshow/82985056.cms SynopsisThe next six months will be tough, an exporter said, worried that a long spell of lockdowns could cost them the Christmas business
Experts suggest fiscal measures to boost demand amid pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/experts-suggest-fiscal-measures-to-boost-demand-amid-pandemic/articleshow/83016290.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis This targeting spending is also required for contact-based services that have borne the brunt of the pandemic since last year, economists said even
The coming long spell of demand drought | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-coming-long-spell-of-demand-drought-121052601504_1.html Looks like India’s demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal As far as demand for
Time has come for fiscal stimulus to support the economy: Uday Kotak | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/time-has-come-for-fiscal-stimulus-to-support-the-economy-uday-kotak-121052700048_1.html We are working with the government and vaccine manufacturers to increase the vaccine available for Indian business and industries, said Uday Kotak Confederation
PLI timeline for mobile phone manufacturing may begin in FY22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-policy/mobile-pli-timeline-may-begin-in-fy22/articleshow/82984538.cmsSynopsis A change in the timeline will mean manufacturers need to post incremental production worth Rs 4,000 crore in this fiscal year, instead of
Govt likely to raise allocation for key export scheme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/tax-refund-govt-likely-to-raise-allocation-for-key-export-scheme/2259644/ While the revenue department will take a final call on the hike, sources said the total allocation for FY22 may finally jump to
IREDA invites bids for solar PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ireda-invites-bids-for-solar-pli-scheme/article34642062.ece The offer-for-bids will close on June 30 Indian Renewable Energy Development Agency on Tuesday invited bids for setting up solar manufacturing units under
‘Domestication’ of the Chinese economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/domestication-of-the-chinese-economy/article34644030.ece ‘Dual circulation’ marks China’s transition from an export-led economy to a domestically driven, services-led one At a time when the world economy is
Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cabinet-secretary-rajiv-gauba-to-check-progress-of-pli-schemes-this-week-121052300954_1.html The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports. The meeting comes in the backdrop of companies,
How Covid crisis exhausted what Mr Modi had in plenty all these years | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-covid-crisis-exhausted-what-mr-modi-had-in-plenty-all-these-years-121052101209_1.html The three things that derailed the economy in the past – war, drought and oil – were mostly absent during his regime, but
Fear of unknown grips govt’s privatisation plan with second Covid wave | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/fear-of-unknown-grips-govt-s-privatisation-plan-with-second-covid-wave-121052001130_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Despite the uncertainty and unpredictability on how things will unfold, Centre is hopeful of completing transactions listed in Budget with a delay of
Setback for PLI scheme on IT hardware as peeved manufacturers cut investment commitments – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/setback-for-pli-scheme-on-it-hardware-as-peeved-manufacturers-cut-investment-commitments/articleshow/82799574.cmsSynopsis Manufacturers are piqued over the low incentive structure of the scheme which offers only 1%-4% reward and does not compensate for the disabilities
Covid ‘infects’ leather exporters’ biz – NEWS – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34610861.ece Skeletal staff andshortage of sea containers emerge major concerns Leather exporters have enough orders on hand, but skeletal staff strength and shortage of
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