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The government plans to introduce a bill in the upcoming Winter session of Parliament to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent from the current cap of 74 per cent, according to a Lok Sabha bulletin.The Winter session is scheduled from December 1 to 19 and will…
US manufacturing slipped to a four-month low in November as tariffs pushed up prices and dampened demand. According to news agency Reuters, the slowdown caused a build-up of unsold goods, raising concerns that it may drag down wider economic growth. Manufacturing hit by rising prices and weak demand S&P Global said the flash US manufacturing…
The government has postponed the implementation of mandatory quality standards for certain imported steel and stainless-steel products until March 2026, in order to secure the supply of crucial steel items. Quality Control Orders (QCOs), which prevent non-BIS-compliant steel from entering the country, had earlier seen certain exemptions. The Ministry of Steel had allowed specified steel…
Within the next one decade, the Indian semiconductor industry is expected to come at par with global chipmaking leaders like the US and China.Union minister Ashwini Vaishnaw on Thursday outlined the government’s most ambitious technology targets, saying that the country’s plans for the sector have advanced far more quickly than anticipated. Speaking at Bloomberg’s New…
Sundar Pichai, CEO, Google Google CEO Sundar Pichai has defended the role of immigrants in building America’s technology dominance, calling their contributions “phenomenal” as President Donald Trump’s controversial $100,000 H-1B visa fee continues to spark fierce debate across Silicon Valley months after triggering panic among foreign workers.“If you look at the history of technology development,…
NEW DELHI: Prime Minister Narendra Modi on Wednesday said India is on the path to becoming a global hub of natural farming, asserting that the agriculture sector has undergone a major transformation over the last 11 years and that agricultural exports have “almost doubled”.Addressing a gathering in Coimbatore after releasing the 21st instalment of PM-Kisan…
Sales growth in India’s fast-moving consumer goods (FMCG) sector eased in the September quarter, with volume growth slipping to 5.4 per cent due to disruptions linked to GST rate changes, even as value growth rose to 12.9 per cent, according to data from NielsenIQ. The report said rural markets continued to expand faster than urban…
India is rapidly expanding its global electronics footprint on the back of new free trade agreements, targeted policy reforms and growing investor confidence, industry leaders said. Companies say the shift toward manufacturing-centric policies is reshaping India’s export potential and positioning the country for deeper integration into global value chains.As quoted by news agency ANI, Shiva…
MUMBAI: Govt has said that the financial sector should not fight disintermediation but “take the bull by its horn, work collectively, analyse trends deeply and see how to channelise these so that financial flows become smoother within the domestic economy to all segments that require finance”. Economic secretary Anuradha Thakur said there was a rising…
File photo: Economic secretary Anuradha Thakur MUMBAI: The government has said that the financial sector should not fight disintermediation but “take the bull by its horns, work collectively, analyse trends deeply and see how to channelise these so that financial flows become smoother within the domestic economy to all segments that require finance.”Speaking at the…
