Clipped from: https://www.business-standard.com/article/economy-policy/gom-likely-to-discuss-imposing-flat-28-gst-on-online-gaming-122042901532_1.html Set to meet on Monday to iron out issues, including tax ambiguities An empowered group of ministers (GoM) — set up to look
Category: Industry
**RBI new ban likely to push up approval cost for property developers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-new-ban-likely-to-push-up-approval-cost-for-property-developers-122042901490_1.html The issue could be more worrisome for developers in Mumbai because premium payment and TDR appertain more to the city, experts said. Photo:
India Inc plans greater capex push in FY23, says CEO survey by BS | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-inc-plans-greater-capex-push-in-fy23-says-ceo-survey-by-bs-122042601459_1.html More than half the CEOs surveyed say they plan to increase investment by over 25% Companies in India are planning to accelerate investment
Poultry industry to Centre: Allocate 2 mt of damaged grains to be used as feed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-industry-urges-centre-to-allot-2-mt-of-damaged-grains-to-be-used-as-poultry-feed/article65353094.ece NECC says industry passing through one of the worst crises in history National Egg Coordination Committee (NECC) has stated that thousands of small
Auto majors sitting on 7.5-lakh pending orders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/auto-majors-sitting-on-75-lakh-pending-orders/article65352121.ece Customers are booking multiple brands and may go for one that is likely to be delivered first, say dealers C_V_SUBRAHMANYAM | Photo Credit:
*Can mobile phone exports be sustained? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/boosting-mobile-phone-exports-have-we-ticked-the-right-boxes/article65332974.ece The PLI scheme does not incentivise global brands to bring their supply chain to the country | Photo Credit: ANUSHREE FADNAVIS The PLI
*Power sector’s ‘shocking’ trinity to create a scorching summer this year | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/power-sector-s-shocking-trinity-to-create-a-scorching-summer-this-year-122041700787_1.html A new crisis is emerging owing to shortages in domestic coal supplies and railway rakes, coupled with rising electricity demand On April 16,
*Govt plans regulator for skill gaming industry to curb money laundering | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/govt-plans-regulator-for-skill-gaming-industry-to-curb-money-laundering-122041800019_1.html The government is also reviewing the extant legal framework for the online skill gaming industry Different states have different approaches to regulating this
*Domestic airline industry may face a rejig – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-logistics/domestic-airline-industry-may-face-a-rejig/article65330363.ece Indian fleet Fare, capacity and talent wars are inevitable. A rebalancing that will reveal clear winners and losers is in the offing G_P_Sampath
*Coping with fiscal effect of energy transition – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/coping-with-fiscal-effect-of-energy-transition/article65330384.ece Renewables: Fiscal pressures /iStockphoto urfinguss | Photo Credit: urfinguss Centre and States’ revenues from fossil fuels amount to 3.2 per cent of GDP.
*‘Investment cycle has started to turn’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/investment-cycle-has-started-to-turn/article65330396.ece But industrialist and author Naushad Forbes says for revival, consumption cycle has to start firing Why does India promise so much and deliver
Monsoon forecast cheers sugar industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/monsoon-forecast-cheers-sugar-industry/article65330381.ece With Skymet and the India Meteorological Department (IMD) predicting a normal monsoon in 2022, the sugar industry is hopeful of another bumper harvest
General insurers seek clarity on various provisions from IRDAI – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/general-insurers-seek-clarity-on-various-provisions-from-irdai/article65325148.ece Pricing, reinsurance, default, solvency margins arekey concerns General insurance companies have sought clarity from the Insurance Regulatory and Development Authority of India (IRDAI)
*Cement industry may be on recovery path as margin pressures ease | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/cement-industry-may-be-on-recovery-path-as-margin-pressures-ease-122040601383_1.html Share price of major companies are up 10-18% in the last one month, but analysts target prices suggest more upsides ahead The cement industry has
*Cement makers eye price rise as demand improves, input costs bite – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/cement-makers-eye-price-rise-as-demand-improves-input-costs-bite/article65294506.ece South and Western markets expanded in double digits led by strong growth in Tamil Nadu, Kerala and Gujarat VELANKANNI RAJ B | Photo
*Policy support, volume growth: What’s lifting the spirits of liquor stocks? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/policy-support-volume-growth-what-s-lifting-the-spirits-of-liquor-stocks-122040500234_1.html The change in duty structure and new tax policy of FY23 is expected to bring a much awaited relief for alcohol beverage industry.
*Hospitality sector rings in FY23 on positive note amid broad-based recovery | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hospitality-sector-rings-in-fy23-on-positive-note-amid-broad-based-recovery-122040501057_1.html Business hotels, which saw a delayed recovery, are back stronger and sooner as big ticket conferences and meetings have resumed in a big
*Textile, yarn firms demand duty-free cotton imports on dwindling supplies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/textile-yarn-firms-demand-duty-free-cotton-imports-on-dwindling-supplies-122040501095_1.html Pipeline stocks will last for just about three-four months, companies say Cotton yarn With cotton textile and yarn makers bracing for a shortfall in the
*****Coffee exports up 42%, to hit a record $1.04 billion in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/coffee-exports-up-42-to-hit-a-record-104-billion-in-fy22/article65288048.ece Rising global prices, pent-up demand post-Covid, lift shipments toa new high India’s coffee exports hit a new high during 2021-22, clocking over a
*****PLI scheme: Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/govt-mulls-modifications-in-pli-scheme-for-speciality-steel-extends-last-date-for-application-till-april-30/articleshow/90621192.cms Synopsis On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi had approved a Rs 6,322-crore PLI scheme to
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