Meity hears industry concerns over draft Digital Competition Bill
Representatives of several bodies that speak for the internet and mobile business expressed on Tuesday their concern about the draft…
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Govt. plans telecom PLI scheme revamp, may focus on MSMEs and exports
The Government is planning to revamp the production-linked incentive (PLI) scheme for the telecom sector in a bid to quickly…
Taking pole position: Auto, BFSI dominated Q4 corporate earnings circuit
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from…
Net direct tax collections grew 9.8% to Rs.4.62 trillion till mid-June
India’s net direct tax collections for 2024-25 (FY25) grew 9.81% to Rs 4.62 trillion till June 16 of the first…
New EU rules seen to restrict exports of textiles & footwears
The European Union’s new eco design regulation, setting stringent sustainability requirements for all products in the bloc, is expected to hit…
Corporate capex growth slows in FY24 after picking up pace in FY23
After picking up pace in 2022-23 (FY23), growth in capital expenditure by the corporate sector in capacity expansion and new…
Budget 2024-25 likely to retain FY25 fiscal deficit target of 5.1%
Union Finance Minister, Nirmala Sitharaman could stick to the fiscal deficit target of 5.1 per cent of gross domestic product…
Value-add target in new PLI scheme for electronics manufacturing may double
In a move to deepen manufacturing in electronics in India, the Centre is targeting 35-40 per cent value-addition through the…
India’s electronic manufacturing likely to double in the next five years: Govt sources
India’s electronic manufacturing is likely to double in the next five years, according to sources in the Ministry of Electronics…
RBI opens gates for investors, companies to invest in overseas funds
Investors and companies based in India will now be able to invest in overseas funds, including those set up in…