Ayodhya Ram Mandir Bhumi Pujan: Leaders hope development would pave way for harmony IT and Communications Minister Ravi Shankar Prasad self-isolates; says he met Amit Shah on Saturday evening Samsung, Foxconn apply for PLI; commitments worth Rs 11.5 lakh crore made, says Ravi Shankar Prasad … [Read more...] about Indian software product firms seek elimination of Softex forms, other reforms
Economic growth
Tech startups can play a critical role in retail and CPG industry
Consider this: there are around 115,000+ startups currently operational in just five countries. The US has the highest number of startups operating within its borders in the world. India holds the second position in this regard, and is followed by China, the UK, and Canada. More than 50 percent of such startups are techbased, and focus on emerging and constantly evolving technologies such as those mentioned above. This proliferation of tech-based startups indicates just how vibrant and dynamic a space the … [Read more...] about Tech startups can play a critical role in retail and CPG industry
TV makers may opt for license instead of local manufacture for premium models: Report
Mike Chen, general manager of TCL India confirmed to the paper the company has approached the Directorate General of Foreign Trade (DGFT) for the licences. Meanwhile, the other players – Xiaomi, LG, Sony and Samsung did not respond to queries, it said. … [Read more...] about TV makers may opt for license instead of local manufacture for premium models: Report
India may increase customs duty on import of active pharma ingredients by 10-15%: Report
But experts feel this would be “impractical at present” as we are “not yet self-reliant”. “…increasing the import duty will hit the pharma industry, especially those manufacturing formulations and are dependent on other countries for APIs," as per the report. … [Read more...] about India may increase customs duty on import of active pharma ingredients by 10-15%: Report
RBI policy, macro data, company earnings to decide market course this week: Experts
"We expect market volatility and stock-specific action to continue for a while. Investors would watch out for quarterly results for stock-specific action and development over US fiscal stimulus which could provide some cheer to the markets," Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd, said. … [Read more...] about RBI policy, macro data, company earnings to decide market course this week: Experts
