Category: industry
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Two-wheeler industry to grow at 8-9% Compound Annual Growth Rate in long term: TVS Motor CEO
K.N. Radhakrishnan made the statement, drawing from the momentum of the GST rate cut, the government’s infrastructure spending, and the overall growth of the economy
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India to commence production of rare-earth permanent magnet within this year: Mines Minister G. Kishan Reddy
Mines Minister G. Kishan Reddy also announced government’s plans to set up dedicated parks for critical mineral processing plant in Odisha, Andhra Pradesh, Maharashtra and Gujarat
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Improving access to timely, adequate formal credit for MSMEs remains a key policy priority: RBI Governor
Along with representatives of MSME associations, Deputy Governors T. Rabi Sankar, Swaminathan J. and S.C. Murmu, and other senior officers of the RBI, also attended the meeting
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What’s in store for garment exporters to the U.S.? | Explained
What has the U.S. promised Bangladesh with respect to textiles? What are the conditions laid down by the U.S. to give Bangladeshi exporters unprecedented access to American markets? What is the assurance that Union Commerce Minister Piyush Goyal gave Indian textile exporters?
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What’s in store for garment exporters to the U.S.? | Explained
What has the U.S. promised Bangladesh with respect to textiles? What are the conditions laid down by the U.S. to give Bangladeshi exporters unprecedented access to American markets? What is the assurance that Union Commerce Minister Piyush Goyal gave Indian textile exporters?
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India will support steel exports hit by Europe’s carbon tax, federal secretary says
The comments come days after India and the European Union signed a trade deal, which slashed tariffs on several sectors but left the bloc’s carbon border tariff, called Carbon Border Adjustment Mechanism, intact
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Global firms are now trusting India for their most advanced semiconductor work: Minister Ashwini Vaishnaw
“India’s design capabilities have advanced significantly with companies now undertaking end-to-end chip design work in the country, from product definition to silicon validation,” the Union Minister said
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India-EU FTA likely to make premium luxury cars less expensive
The EU will eliminate duty in a phased manner for Indian automobiles, whereas India will reduce the levies to 10% for specified numbers
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Do not foresee any shortage of energy globally, essential to negotiate properly: Petroleum Minister Hardeep Puri
Mr. Puri emphasised that there is more oil coming into the global market from Brazil, Guyana, Canada and Suriname.
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Plan to intensify mineral exploration with focus on critical and strategic minerals in next 5 years: Mines Secretary
Mines Secretary Piyush Goyal said the Geological Survey of India (GSI) has been asked to increase the number of exploration projects with at least 300 of them dealing with strategic or critical minerals.