Clipped from: https://economictimes.indiatimes.com/news/economy/policy/investments-in-land-building-second-hand-machines-raw-material-out-of-pli-eligibility/articleshow/83239222.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Investment will include expenditure incurred on new plant, machinery, equipment and associated utilities, research and development, and transfer of technology relating to the
Category: Industry
Add public housing to tenancy reform – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/monetary-policy-runs-out-of-steam/articleshow/83244066.cmsSynopsis The government should understand that it is the prime mover. RBI’s liquidity measures, expansive and innovative as they have been, have only served
A monetary policy of continuity with change | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-monetary-policy-of-continuity-with-change-121060401404_1.html This time, RBI’s rate-setting body is not only talking about sustaining growth but also reviving it The no-action, status-quo monetary policy of the Reserve Bank of
Major global, local players ‘keen on ₹12,195-cr telecom PLI scheme’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/major-global-local-players-keen-on-12195-cr-telecom-pli-scheme/article34730115.ece?homepage=true The scheme is open to both MSMEs and non-MSME companies After the Production-Linked Incentive scheme for large-scale electronics manufacturing (mobile phones) last year,
Extended lifeline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/extended-lifeline/article34719958.ece ECLGS is a useful lifeline to stressed borrowers, but its expanding scope calls for checks and balances As the Centre weighs the need
ICAI issues exposure draft of self-evaluation matrix for audit firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/icai-issues-exposure-draft-of-self-evaluation-matrix-for-audit-firms/article34716686.ece Centre for Audit Quality expected to issue the final version on July 1 The CA Institute has now set the ball rolling on
10 mn vacant homes may find takers as Cabinet approves Model Tenancy Act | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/10-mn-vacant-homes-may-find-takers-as-cabinet-approves-model-tenancy-act-121060201132_1.html New law makes renting out urban or rural property without a written agreement illegal, seeks to balance the interest of homeowners and tenants
Cabinet secy-led panel wants PLI scheme revamp to boost manufacturing | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cabinet-secy-led-panel-wants-pli-scheme-revamp-to-boost-manufacturing-121060300030_1.html Suggests institutional mechanism, regular hand-holding for firms A high-level committee headed by Union Cabinet Secretary Rajiv Gauba has suggested a revamp of the
Has RBI legitimised cryptocurrencies? Traders, banks think it has | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/has-rbi-legitimised-cryptocurrencies-traders-banks-think-it-has-121060100124_1.html Central bank goes beyond saying that its April circular banning virtual currencies is no longer valid. RBI clarification is a positive move, say
New margin norms weigh on volumes, brokers estimate 10-15% impact | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/new-margin-norms-weigh-on-volumes-brokers-estimate-10-15-impact-121060101079_1.html Industry players say biggest impact could be on derivative futures volume followed by cash market volumes The norms are being implemented in phases
Solar auction: UP does an AP, denies bidder rights – The Financial Express
Clipped from: https://www.financialexpress.com/industry/solar-auction-up-does-an-ap-denies-bidder-rights/2263301/ Developers to move tribunal against state renewable agency’s move, appeal to PM In November 2020, a tariff of Rs 2/unit was discovered in
Infosys begins internal probe after SEBI order on two employees involved in insider trading – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/infosys-begins-internal-probe-after-sebi-order-on-two-employees-involved-in-insider-trading/articleshow/83148080.cmsSynopsis Infosys senior corporate counsel Pranshu Bhutra and senior principal Venkata Subramaniam V V were barred from accessing the securities market after investigating insider
GDP growth springs a positive surprise: Four implications for FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gdp-growth-springs-a-positive-surprise-four-implications-for-fy22-121053101265_1.html The positives apart, it is clear consumption can’t rebound meaningfully without large-scale vaccination; the good news is the rate is likely to improve
GDP growth number: A pleasant surprise, but will it help in FY22? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gdp-growth-number-a-pleasant-surprise-but-will-it-help-in-fy22-121053101050_1.html With the second wave leading to a close down of services, in particular, progress will remain retarded Madan Sabnavis The GDP growth number
Can the rich help? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/can-the-rich-help-121053101220_1.html The recovery cannot be investments-led because most enterprises are nursing excess capacities Thanks to the second wave of Covid-19, India’s economic recovery process is stalled.
What is Modi govt’s pet PLI scheme, who is eligible, which sectors have it? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/production-linked-incentive-what-is-modi-govts-pet-pli-scheme-who-is-eligible-which-sectors-have-it/2262391/ PLI scheme offers incentives on incremental sales for products manufactured in India. The first three PLI schemes were approved in March last year
Government approves four firms under PLI scheme for bulk drugs – The Economic Times
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
Paytm promoter’s unlisted shares soar 70% in a week – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/paytm-promoters-unlisted-shares-soar-70-in-a-week/articleshow/83096805.cms SynopsisOne97 Communications shares, which is traded in the unofficial grey market, shot up from Rs 11,000 to Rs 18,500 per share in a
Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/corporate-profit-to-gdp-ratio-hits-10-year-high-of-2-63-in-fy21-121053100041_1.html India Inc’s combined net profit was up 57.6% to Rs 5.31 trillion in FY21 Corporate revenue to GDP also inched up to 34.4
The goofed-up story of rooftop solar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/clean-tech/the-goofed-up-story-of-rooftop-solar/article34682693.ece The segment is seeing big growth during the pandemic, but a host of reasons — including governmental missteps — threaten to dim it
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