The government aims to increase capacity, enhance cost-effectiveness, and create a component ecosystem worth $75 billion over the next five years. Past evidence, however, begs the question of whether PLI can help transform India's manufacturing ecosystem.
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Britain's rich race to save their wealth from election hit
Wealthy people in the UK, from foreign billionaires to City of London bankers, are rushing to shelter their money after Prime Minister Rishi Sunak surprised the country by calling a summer election.
Like a pop star: Huang stirs up 'Jensanity' in tech world
Jensen Huang wasn't on the official Computex 2024 programme, but he didn't need to be.
ECB cuts interest rates for first time since 2019
Now at 3.75% from all-time high of 4%; ECB non-committal on rate path
More graduates, fewer women elected in 2024
More than half, or 52 per cent, of members of Parliament (MPs) in the 18th Lok Sabha are above the age of 55, according to data from PRS Legislative Research.
US NSA's visit soon to engage with new govt
US President Joe Biden's National Security Advisor Jake Sullivan will visit India to engage with Prime Minister Narendra Modi-led new government on shared priorities, including the trusted, strategic technology partnership, the White House said, as the two top leaders seek to deepen the bilateral partnership.
RBI buys back â¹7,287 crore bonds against notified â¹30,000 crore
The Reserve Bank of India (RBI) repurchased â¹7,287 crore worth of government bonds on Thursday, against the notified amount of â¹30,000 crore.
SIGNING OF IPEF PACTS AFTER NEW GOVT TAKES OVER
India will sign the clean economy and fair economy agreements under the United States-led economic initiative-Indo-Pacific Economic Framework for Prosperity (IPEF)-after the formation of the new government.
Bajaj Housing Finance board approves â¹4,000 crore IPO
The Bajaj Housing Finance board has approved an initial public offering (IPO) with a fresh issue of shares to raise up to â¹4,000 crore, the company said on Thursday.
Shifting sands: How fuel pricing policy evolved over the years
With the finances of state oil companies, led by Indian Oil, careening in a volatile oil world, the question being asked yet again is whether they will now finally get the 'full' freedom to set the prices of diesel, petrol and LPG, or whether the new government at the Centre will continue to 'influence' what you and I pay at the pump.
Modi, ministers likely to take oath on June 9
BJP allies JD(U) and LP (RV) demand caste census across India and review of Agniveer Scheme