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FM announces credit guarantee scheme, other measures for MSMEs
The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …
PTI
Bolster manufacturing sector, consumption this budget: PHDCCI to FinMin
Finance Minister Nirmala Sitharaman initiated pre-budget consultations for Union Budget 2024 on 19t…
NITI Aayog releases blueprint to propel India into a USD 500 billion electronics powerhouse by FY 30
The report emphasises the sector's potential and the challenges it faces, while outlining specific …
ANI
Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit
Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…
ANI
DPIIT steps led to investment commitments of over Rs 1100 cr from global tyre makers
The official said that the import restrictions on 'New Pneumatic Tyres' were relaxed for certain gl…
PTI
India's telecom equipment manufacturing sales cross ₹50,000 crore under PLI scheme
According to a press release by the Ministry of Communication, this accomplishment reflects the suc…
ANI
Here's what will get cheaper and costlier after this Budget
One aspect that always garners much traction on the Budget day is what got cheaper and what got cos…
ANI
India's trade deficit expected to decline further: Economic Survey
The Survey said that though ongoing geopolitical headwinds impacted India's merchandise exports, lo…
PTI
Budget proposals for marine sector to boost India's seafood exports, aquaculture: MPEDA
The Budget includes a range of strategic measures aimed at bolstering the competitiveness of marine…
PTI
Government should rationalise customs duty in Budget to boost domestic manufacturing: Indian Chamber of Commerce
The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in …
PTI
FM cuts customs duty on minerals critical for energy transition
"We will bring out a policy document on appropriate energy transition pathways that balances th…
PTI
Global electricity demand is forecast to grow by around 4% in 2024
The world's demand for electricity is rising at its fastest rate in years, driven by robust economi…
ANI
Budget 2024: How will budget affect India’s position in the global space race?
As per the interim budget announcement, India’s space budget for 2024-25 will stand at around Rs 13…
Time for a govt job? Karnataka announces impressive 27% pay hike for state employees
Karnataka cabinet approves 27.5% salary hike for seven lakh state employees, surpassing India Inc.'…
India’s unemployment rates have climbed by almost 4% in five years to reach 9.2% in June 2024
In a concerning development for India's economic landscape, the unemployment rate surged to an eigh…
"Keen to be partners with India in its space journey": Australian envoy on space collaboration projects
Australian High Commissioner to India, Philip Green OAM, on Wednesday, expressed Canberra's willing…
ANI
Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings
In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…
ANI
India's office space absorption soars to 34.8 mn sq.ft in H1 2024: Savills India
This represents 29 per cent increase compared to H1 2023. Meanwhile, new office space supply witnes…
ANI
India emerging as a top manufacturing hub, driven by supply chain diversification: JLL
India and Southeast Asia are emerging as top manufacturing hubs beyond China, driven by supply chai…
ANI
Budget 2024: Leather, footwear exporters seek PLI scheme to boost jobs
PLI will provide a major fillip to the domestic and overseas investments in capacity modernisation …