'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
The implementation of the five 'guarantees' announced by the Congress may cost the state exchequer an estimated Rs 50,000 crore annually.
The new area expansion would help in increasing the production of silk from the present 23,000 tonnes per annum to 32,000 tonnes, a growth of 39 per cent.
While welcoming Prime Minister Narendra Modi's announcement on Saturday to celebrate January 16 as National Start-up Day, six years after the Start-up India Action Plan was launched by the government, stakeholders in the ecosystem say that more needs to be done at the policy level to unleash the next phase of growth in the sector. "The Start-up India programme's launch in 2016 was a turning point - that is when the promoter came to be known as the founder in the country and the word 'entrepreneur' entered the common lexicon. "But now we need a Start-up India 2.0 now for the next phase of growth of the ecosystem", said Siddarth Pai, managing partner of venture capital (VC) firm 3one4 Capital. Pai says that Startup India 2.0 must look at promoting Startups headquartered in tier II,III & IV cities and solving the problems of Bharat.
More than 70 per cent of Indian youth aged between 15 and 29 can't!
Among the programmes suffering from this lack of leadership is the Tejas Light Combat Aircraft project.
FMCG major HUL on Friday announced the appointment of Rohit Jawa as the managing director & chief executive officer to succeed Sanjiv Mehta who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD & CEO will be subject to approval of Shareholders and other statutory approvals as may be applicable," it added.
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
Prime Minister Narendra Modi laid the foundation stone laying ceremony of the Manipur water supply project via video link.
The renowned pulmonologist, who was part of the national COVID task force, highlighted the need for research on developing vaccines which will cover not only the current circulating strains but also from the emerging variants.
On the flipside, since 60-70 per cent of the costs pertain to raw material, which are mostly imported, currency fluctuation is a key risk for the segment.
The Union Cabinet on Wednesday approved a Rs 76,000 crore policy boost for semiconductor and display manufacturing ecosystem in the country in an bid to position India as a global hub for hi-tech production. Announcing the decision of the Cabinet, IT and Telecom Minister Ashwini Vaishnaw observed that electronics plays an important role in everyday life, and semiconductor chips forms a crucial part of electronics. Outlining the details of the scheme, he said the Rs 76,000 crore programme has been approved for the development of semiconductors and display manufacturing ecosystem.
The recent migration of marquee investments from Maharashtra to Gujarat seems to have rekindled the Marathi manoos sentiment.
After many failed attempts over the past decade, Bhendi Bazaar, one of the most underdeveloped and busiest business-cum-residential districts in Mumbai city, is taking a big leap into the future in what's said to be the nation's largest cluster redevelopment project. The 125-year-old neighbourhood spanning 16.5-acres, not very far from the iconic Chhatrapati Shivaji Terminus, is already home to two newly-developed towers of 36 and 41-floors which have opened up a new world of modern living for the families there. Around 610 of the over 3,200 families and 128 of the over 1,250 businesses have moved into the new buildings -- all for free.
The plan could mature into either an umbrella programme for urban youths similar to the Garib Kalyan Rozgaar Abhiyaan or a modified urban-focused version of MGNREGS.
Amid a raging controversy over saffronisation of education, IIT Delhi's decision to invite yoga guru Ramdev and an Rashtriya Swayamsevak Sangh affiliate for deliberations on a programme to leverage the technical strength of the IITs for development of rural areas has raised eyebrows.
If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.
Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees
At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.
Nicolas Franchet, Facebook's global head of retail and e-commerce, talks to Business Standard about how the company can help e-commerce firms target customers.
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
Apart from these, reading was also a big passion.
'By 2020 around 34% of India's population will be in the 15-34 age group.' 'More than 70% of them live in rural areas.' 'Their energy and enthusiasm need to be tapped in order to meet their aspirations and transform agriculture and the rural economy,' says P K Joshi.
'We need to prove to the world that quality vaccines and R&D are possible in India.'
Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.
Six states and UTs -- Maharashtra, Manipur, Meghalaya, Sikkim, Tripura and Daman & Diu -- have not spent a single rupee from the fund allocated by the Centre, according to data shared by the minister in Parliament in response to a question.
Market experts say that of the total 600,000 villages in India, under two per cent or around 10,000 villages contribute to about half of the rural consumption in the country. Targeting these villages and ensuring that penetration is strong is key for most consumer goods companies.
Ratan Tata said he continued to feel the need to support young entrepreneurs who were keen to unleash the Indian tiger.
Sitharaman said the government also proposes Pradhan Mantri Matsya Sampada Yojana to address critical infrastructure gap in fisheries sector.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
Though there is enough anecdotal evidence of COVID-19 catching children -- early teens and younger -- there is little reason to panic, said several doctors and scientists. They also stressed on the urgent need to vaccinate children to stem the spread of the infection.
Economists want the government to focus on jobs, farms, and fiscal consolidation. They also favour re-imposition of the long-term capital gains tax on listed securities and mutual funds.
A whitepaper released by the Chinese government gave a lengthy explanation to refute the allegations of cover up and delay by Beijing on reporting the COVID-19 outbreak last year in Wuhan. United States President Donald Trump and leaders of several countries have accused China of not being transparent in reporting the deadly disease, leading to huge human casualties and economic crisis across the world.
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
'In our country, there is a lot of checks and balances, the figures cannot go wrong.' 'Because they are being checked by not only the governments, but by doctors themselves.'
Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups.
Nitin Desai suggests some concrete measures to revive investment and boost growth.
'I am here to look after people's needs.' 'I am not bothered about who is a Maoist or who is not.'
'If they are not ready for a 10 to 20 year journey, they should not become entrepreneurs.'
