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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   


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Bolster manufacturing sector, consumption this budget: PHDCCI to FinMin

Finance Minister Nirmala Sitharaman initiated pre-budget consultations for Union Budget 2024 on 19t…

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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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…

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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.'…

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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…

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"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   


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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   


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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   


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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…

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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 …

PTI