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…
Strong demand and solid external finances support rating; high debt and fiscal gaps remain key constraints, Fitch says Fitch Ratings on Monday affirmed India rating at BBB- with a stable outlook on the back of robust growth and solid external finances. The credit rating agency mentioned that the fiscal metrics are a credit weakness, with…
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…
Sensex Nifty Today: It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, said an analyst. Benchmark indices Sensex and Nifty were flat in Friday’s trade, with ITC Ltd, Reliance Industries Ltd and a few rate sensitive banking and financial names…