PLI booster: 32 firms invest Rs 8,282 crore for large-scale electronics manufacturing

New Delhi (IANS) In a fillip to local manufacturing, 32 companies have invested Rs 8,282 crore under the production-linked incentive (PLI) scheme for large-scale electronics manufacturing till June 30, the Parliament was informed on Wednesday.  

India's business activity surges to 3-month high in July

New Delhi (IANS) India's business activity accelerated to a three-month high in July as the services sector surged and manufacturing picked up momentum leading to companies hiring at the fastest pace in 18 years, according to the latest HSBC's…

India to triple installed nuclear power capacity by 2031-32: Union Minister

New Delhi (IANS) As India aims to achieve Net Zero target by 2070, the country’s installed nuclear power capacity is projected to nearly triple by 2031-32, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh,…

India rises in global passport index, allows visa-free access to 58 nations

New Delhi (IANS) India has been ranked at 82nd spot on a global passport index, allowing Indians visa-free entry to 58 countries, including popular destinations like Indonesia, Malaysia and Thailand. 

According to the latest ranking by the…

Sensex trades flat ahead of Union Budget

Mumbai (IANS) India equity indices were trading flat on Tuesday ahead of Finance Minister Nirmala Sitharaman's budget presentation at 11 a.m. in Parliament. 

At 9:55 a.m., Sensex was up 35 points or 0.04 per cent at 80,537 and Nifty was…

FM Nirmala Sitharaman set to present her 7th Budget, major reforms expected

New Delhi (IANS) Union Finance Minister Nirmala Sitharaman is set to present her seventh straight Union Budget on Tuesday that would lay a roadmap for 'Viksit Bharat' by 2047. 

After presenting the Budget, Finance Minister Sitharaman…

Custom duty reforms to boost domestic manufacturing: FM

New Delhi (IANS) The proposals to reduce customs duties will support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers surmount,…

Budget gives big boost to agriculture sector

New Delhi (IANS): Finance Minister Niramala Sitharaman announced an outlay of Rs 1.52 lakh crore in Budget 2024-25 to boost production and resilience in the agriculture and allied sectors. 

The measures unveiled to enhance productivity and…

Centre's 8-point booster for MSMEs to help them compete globally

New Delhi (IANS) In a booster for micro, small and medium enterprises (MSMEs), the government on Tuesday formulated a detailed package that covers financing, regulatory changes and technology support for them to grow and also compete globally. 

Union Budget: Indian startup ecosystem hails angel tax abolition

New Delhi (IANS) The Indian startup ecosystem on Tuesday hailed the Union Budget 2024 for abolishing angel tax -- the tax imposed on funds raised by startups from angel investors -- for all classes of financiers. 

Union Finance Minister Nirmala…