23 chip design projects sanctioned under DLI scheme: Centre

IANS | August 22, 2025 3:28 PM

New Delhi, Aug 22 (IANS) The Central government has sanctioned 23 chip-design projects under the design-linked incentive (DLI) Scheme as part of its effort to boost the country’s semiconductor design capabilities, the Ministry of Electronics and IT said in a statement on Friday.

India’s strong domestic demand to cushion impact of US tariff hike

IANS | August 22, 2025 1:26 PM

New Delhi, Aug 22 (IANS) The US tariff hike of 50 per cent would hit Indian corporates unevenly, with the labour-intensive textiles and gems and jewellery segment expected to see only a moderate impact while pharmaceuticals, smartphones and steel are currently relatively insulated because of exemptions, existing tariffs and strong domestic demand, according to a report on Friday.