New Delhi, July 15 (IANS) The Union Cabinet -- chaired by Prime Minister Narendra Modi -- on Wednesday approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore to scale up domestic production, boost exports and strengthen India's position as a global electronics manufacturing hub.
New Delhi, July 15 (IANS) After the success of the ‘Semicon 1’ initiative, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the ‘Semicon 2.0’ scheme for the development of a domestic semiconductor design and manufacturing ecosystem, with a total budget outlay of Rs 1,27,500 crore.
New Delhi, July 15 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the development of a 43.218 km link corridor connecting NH-31 and the Varanasi Ring Road along the River Varuna for decongestion of Uttar Pradesh's Varanasi city, with a total investment of Rs 10,998.32 crore.
New Delhi, July 15 (IANS) Customers whose complaints against banks or other financial institutions remain unresolved can now approach the Reserve Bank of India (RBI) under its new Integrated Ombudsman Scheme, which allows compensation of up to Rs 33 lakh in cases involving proven financial loss and service deficiencies.
Mumbai, July 15 (IANS) The India–United Kingdom Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday, is expected to provide a major boost to India's exports, employment and services sector by offering near-complete tariff-free access to the UK market, World Trade Centre (WTC) Mumbai Chairman Vijay Kalantri said on Wednesday.
New Delhi, July 15 (IANS) China’s growing investments in African ports undermine the sovereignty of African nations and are being repurposed for military and intelligence uses, a new report has said.
Mumbai, July 15 (IANS) Shares of Patanjali Foods tumbled as much as 20 per cent on Wednesday, hitting a fresh 52-week low and their lowest level since April 2020, before recovering some of the losses later in the trading session.
New Delhi, July 15 (IANS) There is no escape from the US dollar for China even as Beijing propagates a 'de-dollarisation' campaign to promote its own currency, the renminbi, to settle payments in international trade and debt repayments.
New Delhi, July 15 (IANS) The Administrative Arrangement on the India-Australia uranium deal, finalised last week during Prime Minister Narendra Modi’s visit, gives India access to the world’s largest known uranium reserves after years of delay linked to concerns over nuclear safeguards and will play a key role in boosting nuclear power generation in the country, according to an article on the South China Morning Post.
New Delhi, July 15 (IANS) India's Northeast is emerging as one of the country's most strategically important frontiers for innovation, with policymakers, industry leaders, incubators and startup ecosystem stakeholders on Wednesday called for deeper collaboration to accelerate innovation-led growth across the region.
