New Delhi, Sep 21 (IANS) India is on track to produce its own global consumer electronics champions, Nothing CEO Carl Pei said on Monday, highlighting the country’s large smartphone market, young population, manufacturing base and growing need for home-grown research and development capabilities.
New Delhi, Sep 21 (IANS) The FTA with New Zealand, which kicks in on October 20, also sets the stage to facilitate the flow of $20 billion in investment into India, and this will benefit Indian agriculture, manufacturing, infrastructure and startups, the Commerce and Industry Ministry said on Monday.
New Delhi, Sep 21 (IANS) The All India Mobile Retailers Association (AIMRA) has requested the Finance Ministry to exempt small and medium mobile phone retailers from any proposed Merchant Discount Rate (MDR) or transaction charges on UPI payments, claiming that they are already operating on very thin business margins.
Mumbai, Sep 21 (IANS) The grey market premium (GMP) for the much-awaited Rs 22,569 crore NSE initial public offering (IPO) fell sharply ahead of the share allotment and listing, even as the issue attracted healthy investor participation and closed with an overall subscription of 5.67 times on the final day of bidding.
New Delhi, Sep 21 (IANS) The next phase of India's foreign direct investment (FDI) policy should focus not only on attracting investment but also on creating an environment in which investment can be sustained, expanded and more deeply integrated with India's economic and industrial ecosystem, an Assocham study said on Monday.
New Delhi, Sep 21 (IANS) Commerce and Industry Minister Piyush Goyal said on Monday that India would first study the details of US tariffs that could be imposed on buyers of Russian oil under the new law, before taking up discussion on the matter “at an appropriate time.”
New Delhi, Sep 21 (IANS) The Data Protection Commission (DPC) in Ireland on Monday imposed a penalty of 403 million euros on Google, ordering the tech giant to bring its location data processing into compliance within six months.
Mumbai, Sep 21 (IANS) Indian equity benchmarks closed higher on Monday, supported by improved risk appetite among investors after crude oil prices eased and global bond yields softened. Gains in heavyweight stocks and defensive sectors helped the market advance despite weakness in broader indices.
New Delhi, Sep 21 (IANS) Chinese technology firm Huawei is on trial in federal court in Brooklyn where US prosecutors accused the company of operating a two decade‑long criminal enterprise that stole trade secrets from US, a new report has said.
New Delhi, Sep 21 (IANS) Bangladesh’s exporters are losing market share to regional rivals such as India, Vietnam and China as rising energy, financing and logistics costs erode profit margins, a report has said.
