Key reforms to give momentum to domestic apparel sector

Union Textile Minister Smriti Irani on Friday said the central government announced many “key reforms” such as relaxation of Sections of Income Tax Act and incentives to boost the domestic apparel sector to enable it to compete with multinational brands.

Modi 2.0 bodes well for industry: ICRA

Though macro fundamentals of the Indian economy have taken an unfavourable turn in the past few quarters, the continuity of National Democratic Alliance (NDA) led by Prime Minister Narendra Modi after the general elections augers well for key sectors of the economy, investment information and credit rating agency ICRA said.

Industry leaders look forward to Modi reforms 2.0

Industry leaders await next phase of reforms under Modi 2.0 Major industry bodies have hailed the election verdict and said the transformation of India is on a fast track with several innovative mega missions under the leadership of Prime Minister…

Industrial production slips into negative territory in March

Industrial production slips 0.1 pc in March with slowdown in manufacturing Industrial output contracted 0.1 per cent in March due to a slowdown in the manufacturing sector, official data showed on Friday. Factory output as measured in terms of the…

India’s electric vehicle goals now being raised on two wheeler

Two-wheelers, not cars, a better bet to meet India’s electric vehicle goal Hurt by high fuel prices, Vinod Gore, a farmer in Gove village in Maharashtra, ditched his petrol scooter for an electric model, underlining how two-wheelers are driving the…

More than 1 lakh non-performing companies deregistered this fiscal: Government

More than 1 lakh companies have been struck off the official records in the current fiscal for not carrying business activities for a long time – Government On Friday in New Delhi- the government said that “names of more than…

Hope for Govt support as Delhi HCextends ban.

The Delhi HC extended a ban on the sale of medicines by e-pharmacies till January 8 next year. While e-pharmacies have become popular in cities as they offer doorstep delivery and discounts, in the absence of regulations, the model has…