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PLI scheme to benefit domestic auto and parts industries
The scheme will be for five years and will be effective from FY 2023, and the base year for eligibility criteria would be FY 2020
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Home appliances likely to become cheaper as govt focuses on PLI scheme
Domestically manufactured components and reduced imports will bring down the cost of white goods.
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Government incentive schemes to boost various sectors is pushing markets higher: Sudip Bandopadhyay
Staying out of the markets in anticipation of a correction is not advisable
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Why Indian markets need ‘Bad Bank’
The constitution of a ‘Bad Bank’ in our view is a positive development as the focus remains on the faster resolution of stressed assets
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Cabinet approves Rs 26,000 crore PLI scheme for automotive, drone industries
The PLI scheme for the auto sector will incentivize high-value advanced automotive technology vehicles and products.
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Cabinet approves Rs 10,683 crore PLI scheme for textile sector
The textiles industry predominantly employs women, and will empower women and increase their participation in formal economy.
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Sensex scales Mt 54K for the first time: Key factors
As many as 24 stocks in the Sensex pack traded in the green. With a gain of 2.44%, Tata Steel emerged as top gainer in the index.
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'PLI doesn't compensate for hurdles of being uncompetitive'
Maruti Suzuki chairman R C Bhargava advocated for policies that are directed at making manufacturing competitive by bringing down costs
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After Covid, PLI set to be next big trigger for pharma cos
Production linked incentive scheme is likely to add approximately 15% to the current market size of the pharma market once fully implemented
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PLI scheme: Application window for white goods opens Tuesday
PLI scheme for white goods was notified on April 16 and guidelines were issued on June 4. The outlay is Rs 6,238 crore for 2021-22 to 2028-29
