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Apple To Shine In India!
Apple is also going to generate green energy for all its operations in India and has entered into an agreement with a solar energy system provider Cle
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K-Shaped Recovery Says Hi!
Production of both consumer durables and non-durables has taken a hit, although capital goods production and imports are in a better situation
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‘Job situation in manufacturing was terrible even before pandemic’
Mahesh Vyas of CMIE says the growth in the wage bill of listed manufacturing companies is negative when adjusted against inflation
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Aluminium makers seek immediate resumption of coal supply
Over 5,000 MSMEs and 10 lakh jobs at risk, says the manufacturer's body.
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Govt received maximum FDI proposals in electronics, IT, heavy industries and trade
Government approval is required from the countries sharing land border with India, for investments in any sector for FDI proposals.
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Economy gaining traction: RBI
The RBI in an article on the State of Economy said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock
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Eight core sectors’ output up 8.9% in June
Production of coal, natural gas, refinery products, steel, cement and electricity rose by 7.4%, 20.6%, 2.4%, 25%, 4.3% and 7.2%, respectively, in June
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India’s manufacturing sector contracts in June; first time in 11 months: Survey
Covid-19 restrictions also curtailed international demand for Indian goods and new export orders decreased for the first time in ten months.
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India receives $64 billion FDI in 2020, fifth-largest recipient of inflows in the world: UN
The report noted that the second wave of the Covid-19 outbreak in India weighs heavily on the country’s overall economic activities.
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DoT issues guidelines for Rs 12,195-cr telecom PLI; registration process to begin on Friday
The registration process for the scheme will begin on Friday and remain open for 30 days till July 3, DoT said in a statement
