Search Results for: manufacturing

Union Budget: Indian startups seek friendly policies, tax incentives [details]

The Union Budget 2022-23 should introduce additional startup-friendly policies and tax relaxations to enable spending on innovation, ease-of-doing-business, and reducing compliance costs, a slew of homegrown startups said.

Jan 23, 2022

Union Minister Dr Jitendra Singh presides over a high - level joint meeting of all the Science Ministries and Science Departments

1K drones to light up dark sky at 'Beating The Retreat' ceremony on Jan 29

A '1,000 Drones Light Show' will light up the dark skies at the 'Beating the Retreat Ceremony' on January 29, Union Minister of State (Independent Charge) Science & Technology Jitendra Singh said on Friday.

Jan 22, 2022

Enhancement in basic income tax exemption limit of Rs 2.5 lakh highly awaited

On the individual tax front, 64 per cent respondents expect an enhancement in the basic income tax exemption limit of Rs 2.5 lakh, according to a KPMG survey.

Jan 22, 2022

Backlash over Reliance Jio's decision to charge voice calls

Reliance Jio is already eyeing 6G; collaborates with University of Oulu for research [details]

The collaborative effort will aid in competing with 6G enabled products in defence, automotive, white goods, industrial machinery, consumer goods, efficient manufacturing, etc.

Jan 20, 2022

Covishield, Covaxin cleared for regular market sale, DCGI approval next [Details]

India's two main vaccines -- Bharat Biotechs Covaxin and Serum Institute of India's Covishield -- on Wednesday got the nod for regular market authorisation.

Jan 20, 2022

Apple iPhones log 48% growth in India in 2021 with 4.4% market share; iPhone 12 best seller [details]

The iPhone 12 (with 40 per cent market share) was the most sought-after model in Q4 in India, followed by iPhone 11, SE (2020), iPhone 13 and iPhone 13 Pro Max models.

Jan 17, 2022

After Telangana, Maha Minister invites Elon Musk to set up shop

"We invite you to establish your manufacturing plant in Maharashtra," said Minister Jayant Patil on Sunday.

Jan 16, 2022

CAG detects big fraud in providing financial assistance to traders affected by 2014 Kashmir floods [details]

Due to pressure of the then political government benefits of the Interest Subvention Scheme were extended to big business houses, houseboat owners, artists, private trust.

Jan 16, 2022

India takes cultural diplomacy shot, calls Sri Lanka on "Pongal"

External Affairs Minister S. Jaishankar held a virtual meeting with the Finance Minister of Sri Lanka, Basil Rajapaksa on the festive day of 'Pongal', an auspicious day for the Tamil community, which also has a strong presence in Sri Lanka.

Jan 15, 2022

Elon Musk fails to reason with Indian govt on Tesla launch; goes complaining on Twitter [details]

Elon Musk has always blamed the Indian government's policies for giving up on his India dreams and also criticised the FDI norms for the delay in the electric car maker's entry into the Indian market.

Jan 13, 2022

Growth Curve: India's FY22 GDP at constant prices to grow at 9.2%, show NSO estimates

India's economy is estimated to clock a growth of 9.2 per cent in terms of real GDP for FY22, official data showed on Friday.

Jan 8, 2022

Despite Omicron looming large, Sensex and Nifty close 1% higher [Roundup]

The Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- continued their gaining streak from 2021 and settled higher on Monday, the first trading session of 2022 on the back of fresh inflows of foreign funds and positive global cues.

Jan 4, 2022

Apple's market cap briefly crosses record $3 trillion after 3 yrs gap; Doubled India business

The market cap of Apple finally crossed the $3-trillion mark (which is almost India's GDP), more than a year after surpassing the $2-trillion mark.

Jan 4, 2022

K'taka: KIADB to allot land on 10-year lease-cum-sale basis, what it means [Details]

KIADB will allot land to industries or institutions on a '10-year lease-cum-sale' basis by amending the existing rules, much to the delight of industrialists and investors.

Jan 1, 2022

Indian equities end 2021 on positive note, all sectoral indices up in the last one year

The Sensex and Nifty settled at 58,253 points and 17,354 points. The decline in the use of cash can affect business activities, say experts.