India clears ₹5,532 crore worth of projects under ECMS to boost electronics component manufacturing

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Union Electronics and IT Minister Ashwini Vaishnaw emphasised that the projects are expected to reduce India’s electronics import bill by ₹18,000–20,000 crore annually, while enabling domestic value addition of up to 40 percent — on par with China’s current levels.  In a significant move to strengthen India’s electronics manufacturing ecosystem, the government has approved seven…

BSE, Zomato, Tanla: 1 in 10 Nifty500 stocks up over 3% today; how to trade?

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Technical charts show that Tanla Platforms, Mazagon Dock have given a fresh breakout on the daily charts; these 2 stocks along with BSE, Zomato and GR Infra can potentially rally another 24 per cent.   As equity markets extended the rally for the third straight trading session, 1 in every 50 stocks from the Nifty…