Immediate challenges are those around electronic components, mainly electronic chips, and potential threats from the pandemic. New Delhi: Buoyed by the government’s INR 2.3 lakh crore policy push for self-reliant India, the domestic electronics manufacturing industry is expected to see 30% growth in the next fiscal to be worth nearly INR 7 lakh crore. While… Continue reading Boosted by localisation, Indian electronics mfg sector to touch INR 7 lakh crore next fiscal
Author: Economic Times of India Online News
Delhi High Court asks city government to enable BS-III diesel vehicle owners to apply for no entry permit online
“Admittedly, permits are being issued for the identical size and shape of vehicles which are owned by the petitioners, the only distinction being that vehicles of the petitioners are BS-III compliant and permits are being issued only for BS-IV and above complaint diesel vehicles. The Delhi High Court has directed the city government to include… Continue reading Delhi High Court asks city government to enable BS-III diesel vehicle owners to apply for no entry permit online
Investor Contact Programme: Rajasthan signs Rs 40,510 cr investment proposals in Hyderabad
The Investor Contact Programme organized in association with CII, saw big investors from the solar energy and electric vehicle sector as attendees Go to Source
Pre-owned vehicle market in India likely to reach 8.2 million units by FY’26: Report
According to the report, small towns are expected to fuel the demand for used vehicles as the share of non-metro cities in used vehicle sales is expected to rise to nearly 70 per cent from the current 55 per cent in the next four years. MUMBAI: Pre-owned vehicle market in India is expected to reach… Continue reading Pre-owned vehicle market in India likely to reach 8.2 million units by FY’26: Report
How the global supply chain crisis unfolded this year
When the pandemic struck in early 2020, people and businesses were quickly forced to restrict their activity, sending the global economy into a brief but damaging free fall. The turmoil in the global supply chain this year laid bare how complex it can be to do the seemingly simple job of getting a product from… Continue reading How the global supply chain crisis unfolded this year
Committed to developing robust startup ecosystem: Piyush Goyal
Commerce and industry minister Piyush Goyal The government is committed to developing a robust startup ecosystem, which would help formalise the economy and help in improving ease of living and doing business, commerce and industry minister Piyush Goyal said Friday. Delivering the keynote address at the 3rd meeting of National Startup Advisory Council virtually, Goyal… Continue reading Committed to developing robust startup ecosystem: Piyush Goyal
India’s forex reserves decline by $160 million to $635.66 billion
The foreign currency assets dipped by $645 million to $572.21 billion during the week ended December 17, 2021, as per the RBI’s weekly statistical supplement. Mumbai: India’s foreign exchange (forex) reserves declined by 160 million to $635.66 billion due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed… Continue reading India’s forex reserves decline by $160 million to $635.66 billion
Indian engineering exports to China doubles in November 2021
The total engineering goods exports slowed down to USD 7.7 billion (Rs 57,000 crore approx) in November from 9.03 billion (Rs 67,000 crore in October 2021). Engineering goods shipments to China has more than doubled in November, 2021 to USD 434.6 million (Rs 32,60 crore approximately) as compared to USD 205.3 million (Rs 1540 crore)… Continue reading Indian engineering exports to China doubles in November 2021
Surpluses on the horizon to douse fire under copper prices
Mine supply is expected to rise 3.9% to nearly 22 million tonnes next year, according to the International Copper Study Group, which expects a surplus of 328,000 tonnes in the refined market. By Zandi Shabalala LONDON: Higher supplies and softer demand are expected to cool copper prices next year after a dizzying climb to record… Continue reading Surpluses on the horizon to douse fire under copper prices
Nissan, other auto majors join hands to support Japan’s decarbonising target
The three companies will also cooperate with local governments to decarbonize communities by developing solutions that match the characteristics of the region. New Delhi: Nissan Motor Co., Ltd., Sumitomo Corporation and Sumitomo Mitsui Auto Service Company, Limited on Friday inked the Decarbonization Support Partnership for Local Governments, a partnership aimed to achieve carbon neutrality by… Continue reading Nissan, other auto majors join hands to support Japan’s decarbonising target