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The Government has reopened the application window for the Production linked Incentive (PLI) scheme for white goods from July 15 to October 12, citing industry appetite to invest more in the scheme originally launched in 2021. The Commerce and Industry Ministry said the fresh window was an “outcome of the growing market and confidence generated…
Read More “Govt. reopens PLI scheme for white goods till October 12” »
Producers of engineering goods, which constitute a quarter of India’s merchandise exports in recent years, have urged the Centre to restore an interest subvention scheme for all players and raise the benefits offered to micro, small and medium enterprises (MSMEs). Formally known as the Interest Equalisation scheme for pre and post shipment rupee credit availed…
Read More “EEPC pitches for restoring interest equalisation scheme” »
FILE PHOTO: Job seekers line up for interviews at a job fair in Chinchwad, India. Image used for representative purpose only. | Photo Credit: REUTERS The Union Labour Ministry questioned the findings of a report prepared by the United States-based banking giant Citigroup and said the group failed to account for the “comprehensive and positive…
Read More “Centre questions Citigroup’s report on employment in India” »
Prime Minister Narendra Modi. File | Photo Credit: PTI Prime Minister Narendra Modi will chair NITI Aayog’s ninth Governing Council meeting on July 27, which will discuss the ‘Vikshit Bharat@2047’ document to make India a developed nation, a senior government official said on July 8. The Council, the apex body of NITI Aayog, includes all…
Read More “PM to chair NITI Aayog Governing Council meet on July 27” »
India’s health system is at a crossroads as it needs to, without any further procrastination, build the capacity in all States, particularly the northern States, to cope with the dual burden of disease, writes former health secretary Sujatha Rao. Image for representation purposes only. File | Photo Credit: Pixabay A goal post that consistently shifts…
Read More “It is time for government to double health budget: former health secretary Sujatha Rao” »
India’s health system is at a crossroads as it needs to, without any further procrastination, build the capacity in all States, particularly in the northern States, to cope with the burden of disease. Image for representation purposes only. File photo: Pixabay A goal post that consistently shifts is the one related to increasing public health…
Read More “Double health budget, lower out-of-pocket spends” »
SEBI observed that market institutions adhere to volume-based charge structures for the same. File | Photo Credit: Reuters The story so far: Markets regulator, the Securities and Exchange Board of India (SEBI) on Monday instructed stock exchanges and other market institutions to levy “uniform and equal” charge structure for all its members, irrespective of the nature…
Read More “SEBI’s uniform charge structure for market infrastructure institutions | Explained” »
India’s Finance Minister Nirmala Sitharaman holds up a folder with the Government of India’s logo as she leaves her office to present the federal budget in the parliament, before the nation’s general election, in New Delhi, India, February 1, 2024. | Photo Credit: REUTERS The government under Prime Minister Narendra Modi should focus on adherence…
A report by the SBI called for more reforms in the banking sector in India. File | Photo Credit: Reuterss As the Central government prepares for the Union Budget presentation on July 23, a research report by the State Bank of India (SBI) has highlighted crucial areas that need attention to drive sustainable economic growth…
The rupee pared initial gains to settle 1 paisa lower at 83.50 against the U.S. dollar on Monday, as muted domestic equities weighed on investor sentiments. | Photo Credit: REUTERS The rupee pared initial gains to settle 1 paisa lower at 83.50 against the U.S. dollar on Monday, as muted domestic equities weighed on investor…
Read More “Rupee falls 1 paisa to 83.50 against U.S. dollar” »
