Govt evaluating usefulness of curiosity equalisation scheme in selling exports

The federal government is scrutinising the curiosity equalisation scheme for exporters to analyse its usefulness in selling exports to date, together with from the MSME sector, to resolve if it ought to be continued past June 30 2024, sources have stated. Additionally learn:Commerce Ministry might search five-year extension of curiosity equalisation scheme for exporters “The DGFT … Read more

India ranks highest for international implementation of AI initiatives: Report

India heads the pack as an AI chief, with 70 per cent of firms having AI initiatives up and operating, or in movement. That is in stark distinction with the worldwide common of 49 per cent, in keeping with a report by NetApp. Moreover, the report discovered that 91 per cent of India-based firms will … Read more

Circumstances favour extending pattern that boosted India’s actual GDP development above 8% from 2021-24: RBI Bulletin

Circumstances are shaping up for an extension of the pattern upshift that took India’s common actual GDP development above 8 per cent throughout 2021-24 at the same time as there may be higher confidence now that the descent of retail inflation to the 4 per cent goal is imminent, in keeping with an article in … Read more

10 years of NDA podcast | Highways will not be simply transportation routes, however contributors to financial prosperity

On this particular episode of the businessline Podcast the place we’re reviewing the efficiency of NDA authorities within the final 10 years, we check out the street and highways sector. Roads and highways are thought-about a key barometer for analysing an financial system, extra so for India, because it strives to develop into the world’s … Read more

India rising when world is in stress: CII president-designate Sanjiv Puri

Sanjiv Puri, president-designate of main trade physique CII, mentioned that India is rising when the world goes by means of a part of stress. Additionally learn:India now a best choice for manufacturing funding, says CII President R Dinesh Talking at an occasion right here on Friday evening, Puri, additionally the chairman and managing director of … Read more

Present Account podcast | Extra leg to PSU Financial institution shares rally?

Sridhar Sivaraman, Funding Director, Enam Holdings joins in to clarify why he’s bullish on PSU financial institution basket and whether or not there’s extra energy left in these shares.  SHARE Copy hyperlink E-mail Fb Twitter Telegram LinkedIn WhatsApp Reddit Printed on April 20, 2024 #Present #Account #podcast #leg #PSU #Financial institution #shares #rally

Tata in talks to purchase Pegatron’s iPhone operations as quickly as Could

Tata Group could strike a deal to take management of Pegatron Corp.’s iPhone manufacturing operations in India as quickly as Could, cementing Apple Inc.’s relationship with one of many nation’s most influential conglomerates. Tata Group is within the remaining phases of negotiations with Pegatron to take a majority stake within the Taiwanese agency’s Apple handset … Read more

Archer Aviation goals to begin electrical air taxi trials subsequent yr

Archer Aviation , backed by Stellantis and Boeing, goals to start trials of its electrical air taxi in India subsequent yr, forward of a deliberate industrial launch in 2026, the corporate’s chief government informed Reuters on Friday. U.S.-based Archer final yr partnered with InterGlobe Enterprises, which backs India’s high airline IndiGo, to launch the air … Read more

In newest rejig, Google to shift some jobs to India

Alphabet-owned Google could shift some roles to India after it sacked an unspecified variety of staff in the US, marking the newest cuts on the know-how large because it cracks down on prices. Additionally learn:Microsoft, Google, LinkedIn most mimicked in model phishing assaults A Google spokesperson mentioned the layoffs will not be company-wide and that … Read more

India’s buy of silver dropped 38% in 2023, says Silver Institute

India’s bodily funding in silver dropped by a whopping 38 per cent in 2023, whilst demand for silver jewelry and wares too declined, the Silver Institute’s “World Silver Survey 2024” has mentioned.  In consequence, silver imports plunged by 63 per cent to a two-year low of 111.7 million ounces in 2023. Nevertheless, buying and selling … Read more