The government has decided to hold off introducing the production-linked incentive (PLI) scheme for additional sectors until it verifies the efficacy of existing initiatives. Top government officials have received mixed feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister, people aware of the matter said. "There are no new PLI schemes in the offing.
A chlorine gas leak in the Jhajhra area of Dehradun triggered panic on Tuesday morning, forcing people to leave their homes, officials said.
Currently, FDI up to 100 per cent is allowed in the drugs and pharmaceuticals on the automatic route.
From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.
Foreign direct investment (FDI) equity inflows in India declined 24 per cent to $20.48 billion in April-September 2023, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at $26.91 billion during the first six months of the last fiscal. Inflows during January-March 2023 also contracted 40.55 per cent to $9.28 billion.
The Narcotics Control Bureau (NCB) on Saturday said it has arrested Jaffer Sadiq, a Tamil Nadu-based alleged dealer of narcotics, in connection with an international drugs trafficking investigation case.
Asserting that chemical weapons were used in Syria by the embattled Assad regime, US Secretary of State John Kerry termed the last week's attack that killed over 300 civilians a "moral obscenity" that should shock the conscience of the world.
The inquiry committee set up by Indian Institute of Technology Bombay after the death of its student Darshan Solanki last month allegedly by suicide has ruled out caste-based discrimination and hinted at deteriorating academic performance as a possible cause.
The Indian Institute of Technology-Bombay (IIT-B) has issued guidelines urging students to desist from asking fellow students for details that might reveal their caste and instead encouraged them to bond over commonalities like sports, music and movies.
Whether the age-old cry of kendrer banchana will be able to drown out pangs of Sandeshkhali, the EVM will tell.
The Gujarat home department on Thursday transferred the superintendents of police of Botad and Ahmedabad and suspended six other cops following the death of 42 people after consumption of spurious liquor, an official said.
The workers were inside the dyeing factory, located in Sachin industrial area, when the incident took place, Surat Municipal Corporation's in-charge chief fire officer Basant Pareek said.
The student was found hanging in his hostel room on the campus, a police officer said and added a case has been registered and a probe is on.
The case of the death of Sunanda Pushkar, wife of Congress leader Shashi Tharoor, reached a new stage with the FBI endorsing the AIIMS report of poisoning.
There are altogether 80 teams of doctors and trained medical personnel with three teams in each hospitals.
The Pakistani Taliban have mastered the science of manufacturing explosive devices using more toxic chemicals to inflict lethal injuries on their victims, according to a media report.
Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to $34.98 billion in May, while the trade deficit widened to a five-month high of $22.12 billion. According to the data released by the commerce ministry on Thursday, key export sectors recording negative growth include petroleum products, gems and jewellery, engineering goods, ready-made garments of all textiles and chemicals. Imports also declined 6.6 per cent, six-month in a row, to $57.1 billion against $61.13 billion in the same month last year, the data showed.
Foreign Direct Investment (FDI) equity inflows into India contracted by 14 per cent to $26.9 billion during the April-September this fiscal, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT). The inflows had stood at $31.15 billion during the corresponding period of the previous year. The total FDI inflows (which includes equity inflows, re-invested earnings and other capital) too declined to $39 billion during the first six months of the current fiscal year as against $42.86 billion in the year-ago period.
The clarification by the top court, which had in 2018 banned the bursting of conventional firecrackers to curb air and sound pollution, will have ramifications across the nation.
Nearly 50 people were still admitted to hospitals in Bhavnagar, Botad and Ahmedabad.
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
There could be occasional gusty winds reaching 40-50 kmph as per the weather bureau's prediction.
The Municipal Corporation of Delhi, in a statement, said, "The gas leak occurred at the nearby railway tracks."
Don't ignore symptoms like coughing, wheezing or shortness of breath, warns Dr Sandeep Tilve.
An Indian-origin Opposition Labour Party MP secured a debate in Westminster Hall of the UK parliament to call for justice for the victims of Bhopal gas tragedy, which will mark its 38th anniversary early next month.
'A person weighing 68 kilograms on the Earth would weigh only over 11 kg on the Moon'
The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.
The impact of the explosion was so intense that the roofs of some of the factories located in the vicinity were damaged.
Around 30 people are still undergoing treatment at various government hospitals in Bhavnagar, Botad, Barvala and Dhandhuka, officials said.
Odisha is facing a morgue crunch as a large number of unclaimed dead bodies from Balasore's triple train accident, have piled up at its mortuaries.
Renowned agricultural scientist M S Swaminathan and the driving force behind the nation's 'Green Revolution,' passed away in Chennai on Thursday.
Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
Appointment on compassionate ground is a concession and not a right and the object of granting such employment is to enable the affected family to tide over a sudden crisis, the Supreme Court has said.
Foreign direct investment into the country is expected to rebound in the coming months on account of India's high economic growth, and steps to further improve the business environment of India, the Economic Survey said on Tuesday. The rise in global uncertainty in the wake of the Russia-Ukraine conflict, FDI equity inflows in the manufacturing sector in the first half of the current fiscal (April-September) fell below its corresponding level in the first half of 2021-22, the document, which was tabled in Parliament, said. The monetary tightening at the global level has further restricted the FDI equity inflows, the survey said.
Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.
The first leg of Micron's semiconductor play in Sanand is crucial for the company to sprint towards India's goal of joining the chip race.
Senior bureaucrat Pradip Kumar Tripathi has been appointed as secretary (coordination) in the Cabinet Secretariat as part of a major bureaucratic reshuffle effected by the Centre on Monday.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
We are looking at bringing quality control orders for mass production items such as smart meters and ceiling fans. This will benefit our own industry and consumers, a government official said.
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