'The world now realises that semiconductors are not just important for national security, but also for economic prosperity.'
Challans worth Rs 10,298 crore were issued, but collections have been a weak 20 per cent.
...on par with oil, power, and defence, and to restrict its storage under foreign control.
Fresher hiring grew by 8 per cent driven by non-IT services oil and gas, real estate, and education sectors.
It has charted an ambitious target. Japanese premium sports goods giant Asics - which sells 75 per cent of its shoes in the country at over ~12,000 a pair - wants to be the No. 1 running shoe player in the $90-a-pair organised market in India, currently dominated by Nike, Adidas and Puma. To do so, it is making an aggressive push into Tier-II and Tier-III cities, where customers are ready to lap them up - as well as setting up company-owned stores in four to five locations across key metros.
But the respite may not last long.
The 2023-2024 figures showed that the size of the industry, excluding those having an annual turnover of Rs 20 crore, could be Rs 30,652 crore, assuming no tax evasion.
Among fresher job seekers, one in three believes AI will create more jobs.
"My understanding is that the rules are weighted in favour of big cars, even though smaller cars emit fewer emissions per passenger, use less material, and consume less fuel," Bhargava said in an interview with Business Standard.
Rapido - one of the largest players in the bike taxi commute business - says the new guidelines released by the central government on July 1, permitting "non-transport motorcycles" for aggregators, no longer give states the option of rejecting the revised policy.
GST, net of refunds, now yields close to 20 trillion to both the Centre's and states' exchequer.
Whether in cricket or business, Kohli continues to play the long game.
The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.
'Today, we have 2 million active drivers earning through our platform every month.'
Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China.
'...the auto industry to get back to 7% to 8% annual growth.' 'High growth in the SUV segment alone will not achieve this, as it is a small market.'
Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.
Defence expenditure was pegged at 1.4 per cent of GDP in the Budget for 2025-26 but it may widen, depending on tensions between India and Pakistan.
Jio Platforms' quietly sustained investments in building its "non-connectivity" service business - which included a bevy of acquisitions of companies and platforms in media, entertainment, and technology startups - are slowly generating revenues. Non-connectivity revenues of Jio Platforms have now risen 36 per cent year-on-year in the fourth quarter (Q4) of 2024-25 (FY25) to about Rs 3,968 crore, compared with Rs 2,912 crore in the same quarter the previous year.
There's no change in Apple Inc's India strategy, said a top government source. 'It can only be enhanced'.
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