Govt announces three schemes for electronics sector to became second largest mobile manufacturing country
"We are announcing today one 'Produ...
Local Pharma API companies to gain from Rs 10,000 crore scheme
The incentive — part of a .`10,000-crore production-linked incentive scheme to...
Mobile exports will continue to get 4% incentive
The additional ad hoc incentive of 2 per cent under the Merchandise Exports from India Schem...
Better incentives spike Ola driver logins by 10%
New structure, with average take rate of 20% for firm, gives drivers transparent view of earnings.
Labour ministry to fast-track National Employment Policy
The policy will lay out a sectoral roadmap with incentives for employment generation, based on the recommendations of the Thawar Chand Gehlot-led group of ministers in the wake of the Covid-19-induced economic crisis.
India may cut telecom & IT reliance on China
The rising tension has put focus on the issue of allowing Chinese telecom equipment firms in India’s 5G rollout.
After incentives to perk up economy, red carpet for FDI
It allowed 100% FDI in coal mining & allowed as much in contract manufacturing through automatic route.
Consumer confidence needs a boost: Experts
Given the damage caused to the economy, consumption can resurge only with policy interventions including the incentives, sops and making people confident about future growth.
Tata Motors, Ashok Leyland pitch for incentive-based scrappage policy to revive CV segment
Tata Motors and Ashok Leyland have said a well-defined and financial incentives-based scrappage policy can help create demand in the commercial vehicles (CV) segment which has come come to a grinding halt.
High level empowered group of secretaries to chalk out investment plan, promote Make in India
The group will “provide support and facilitation to investors for investing in India and to boost growth in key sectors of the economy” and “create an investment-friendly and business-conducive ecosystem to drive investment growth in India”.
View: Indian states are a little too united
Where states have attracted investments, it’s usually been due to superstar chief ministers.
View: Manufacturing players to focus on easing production
Demand across sectors has understandably fallen and exports have come down due to movement restrictions and lockdowns in other nations. Amid all this, ET-ILC member companies are working with the government to ease necessary regulations and focus on safeguarding assets and employees.
India proposes incentives to woo Apple, Samsung suppliers
India is mulling a plan to offer interest subsidy on local borrowing by mobile handset manufacturers.
Bankers, govt officials oppose interest sop in moratorium period
The moratorium, which is now available for six months starting March 2020, was meant to provide some temporary relief to borrowers – both individuals and companies – in case they were facing a cash crunch due to the coronavirus pandemic.
Reserve Bank sets up a Rs.500 crore digital payments infra fund
The central bank has made an initial seed contribution of Rs.250 crore to the PIFD with the other half of the fund expected to be contributed by all card issuing banks and network operators. Fund primarily to be used for development of digital payment infra in rural and north east districts of the country