Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/sales-of-ac-other-cooling-products-again-hit-by-pandemic-in-peak-season-companies-now-pin-hopes-on-extended-summer/articleshow/82677786.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Leading players in the segment including Voltas, Daikin, Blue Star, Panasonic and Haier reported almost 75 per cent dip in April sales this
Category: EXIM
Liquidity Crunch: New mechanism in the works to aid exporters – The Financial Express
Clipped from: https://www.financialexpress.com/economy/liquidity-crunch-new-mechanism-in-the-works-to-aid-exporters/2251629/ Given paucity of funds with govt, exporters to borrow at repo rate against MEIS entitlement As per the mechanism being explored, the government
Steel industry faces challenges to pursue growth with stability – The Financial Express
Clipped from: https://www.financialexpress.com/industry/steel-industry-faces-challenges-to-pursue-growth-with-stability/2252198/ Manufacturing for full FY21 grows by (-) 9.8% and IIP by (-) 8.6%. This may be compared to second advance estimates for GDP
PLI for batteries should spur R&D – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/pli-for-batteries-should-spur-rd/articleshow/82638480.cmsSynopsis The plan, National Programme on Advanced Chemistry Cell Battery Storage, put forward by the department of heavy industry, proposes to create a battery
Commerce Ministry seeks anti-dumping duty on certain rubber imported from 4 countries – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/comm-min-seeks-anti-dumping-duty-on-certain-rubber-imported-from-4-countries/articleshow/82625393.cmsSynopsis Directorate General of Trade Remedies (DGTR) has recommended the duty after concluding in its probe that ”Acrylonitrile Butadiene Rubber” from these regions has
Big apparel brands still need Bangladesh’s workers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/big-apparel-brands-still-need-bangladeshs-workers/articleshow/82624993.cmsSynopsis Bangladesh’s garment-export economy is something of a modern miracle. In 1978, the country was primarily agricultural; its garment industry amounted to nine factories
Commodities are the cheapest asset class in the world now: Jim Rogers – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/commodities-are-the-cheapest-asset-class-in-the-world-now-jim-rogers/articleshow/82627407.cmsSECTIONSCommodities are the cheapest asset class in the world now: Jim RogersLast Updated: May 14, 2021, 02:19 PM ISTSynopsis “If you can find the
Stranded NRIs look at Cambodia, Vietnam & Lanka for tax tourism – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/stranded-nris-look-at-cambodia-vietnam-lanka-for-tax-tourism/articleshow/82612491.cmsSynopsis Many multinational employees are stuck in India as several countries are not allowing Indians to fly back. In other cases, some NRIs want
Liquidity Crunch: New mechanism in the works to aid exporters – The Financial Express
Clipped from: https://www.financialexpress.com/economy/liquidity-crunch-new-mechanism-in-the-works-to-aid-exporters/2251629/ Given paucity of funds with govt, exporters to borrow at repo rate against MEIS entitlement As per the mechanism being explored, the government
‘PLI scheme can bring 8-12 GW more solar manufacturing capacity’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/pli-scheme-can-bring-8-12-gw-more-solar-manufacturing-capacity/article34543051.ece The ₹4,500-crore allocation towards solar modules may attract investments, says report The production-linked incentive (PLI) scheme for the renewable sector could facilitate the
IT hardware PLI not attractive enough – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/it-hardware-pli-not-attractive-enough/2251667/ Govt must put in place chunkier incentives, of closer to 3-4% and not the measly 2.2% that it is offering now Going ahead
Import dependence | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/import-dependence-121051201480_1.html India must attain self-sufficiency in edible oils Buoyed by the good performance of agriculture in the past few years and the India Meteorological
Pandemic-impacted renewable energy projects can apply for extension again | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/pandemic-impacted-renewable-energy-projects-can-apply-for-extension-again-121051201191_1.html Frequent delays to hurt the 175 GW RE capacity target of next year This is the second time since last year that RE
Opportunity for India Inc to take forward cover widens as rupee strengthens | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/opportunity-for-india-inc-to-take-forward-cover-widens-as-rupee-strengthens-121051200828_1.html Many mid-sized firms don’t take proper forward cover, exposing themselves to risk; others are going for it as they feel the rupee will
Import dependence | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/import-dependence-121051201480_1.html India must attain self-sufficiency in edible oils Buoyed by the good performance of agriculture in the past few years and the India Meteorological
Rs 18k-cr PLI push for ACC battery storage – The Financial Express
Clipped from: https://www.financialexpress.com/industry/cabinet-nod-rs-18k-cr-pli-push-for-acc-battery-storage/2250875/ Under the latest scheme, the government aims to create domestic capacity to manufacture as much as 50 giga-watt hour (GWh) of ACC and
Exporters eye hospital tie-ups, more vaccine camps for employees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exporters-eye-hospital-tie-ups-more-vax-camps-for-employees/articleshow/82557225.cmsSynopsis The measures come in the wake of the country’s exports likely to take a hit in the months ahead as international buyers have
‘Annual export target of $400 billion achievable if exporters’ concerns are addressed’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/annual-export-target-of-400-billion-achievable-if-exporters-concerns-are-addressed/article34541096.ece FIEO seeks adequate liquidity, release of all export benefits The Federation of Indian Export Organisations (FIEO) has said a concerted strategy would be
Battery storage tech: Cabinet green lights ₹18,100-cr PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/battery-storage-tech-cabinet-nod-for-18100-cr-pli-scheme/article34542908.ece The plan is to achieve Advanced Chemistry Cell manufacturing capacity of 50GWh and niche ACC capacity of 5GWh The Union Cabinet on Wednesday
Govt approves Rs 18,100 crore PLI scheme for promoting ACC battery manufacturing – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/renewables/govt-approves-rs-18100-cr-pli-scheme-for-promoting-acc-battery-manufacturing/articleshow/82572497.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis With the objective to promote the Make in India initiative, the National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expected to
