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Female Apprenticeship surges 20X, driving diversity in manufacturing & services

This surge in female apprenticeship enrollment not only reflects the growing momentum towards gender equality but also signifies a paradigm shift in the roles women are undertakingRead more

India’s RE sector receives FDI equity investment of $6.1 bn during Apr 2020 - Sept 2023

Under the extant Foreign Direct Investment (FDI) policy of the Government of India, FDI in renewable energy sector is permitted up to 100% under the automatic route.Read more

Indian medical device makers seek extension for Class C, D device licensing

The Association of Indian Medical Device Industry (AiMED), representing domestic medical device makers, sent a letter dated September 25 to Health Minister Mansukh Mandaviya, outlining their concerns.Read more

Mobile hydraulics market reaches $18.7bn in 2021

Material handling sector accounts for 25% of mobile hydraulics market in 2020Read more

We have already crossed the 2020-21 production mark

Spring washers are an essential component where rotating movement of assembly due to vibration is required to be arrested. Presently, the automobile sector is the single largest end-user and this is resulting in driving demand for spring washers according to Subhash Khanwalkar, Proprietor, Khanwalkar Industries.Read more

Indian labour market in worst condition since April-May 2020: CMIE

CMIE’s data about the Indian labour market states that the Indian labour market is in its worst condition since April-May 2020. The employment rate continues to worsen amidst the COVID-19 second wave.Read more

DPIIT recognises 19896 since April 2020

30 States and UTs have announced specific Startup Policies to support startups. Maharashtra, Karnataka, Delhi, Uttar Pradesh and Gujarat have the greatest number of startups. The sectors which had the maximum registered startups are such as food processing, product development, application development, IT consulting and business support services.Read more

India’s GDP grows 1.6% in Q4 2020-21 aided by manufacturing push

For the entire financial year 2020-21, the GDP contracted 7.3 per cent — a record low. In January-March last year, the economy had grown 3 per cent.Read more

FICCI-IBA Bankers' Survey: Banks report a decline in NPAs in 2nd half of 2020

The survey findings also show that long term credit demand has been growing for sectors such as infrastructure, pharmaceuticals and food processing.Read more

Fall in bankruptcy filing between 2018 to 2020: Anurag Singh Thakur

As per data provided by the National Company Law Tribunal, 8,330 applications in the year 2018, 12,091 in the year 2019 and 5,282 in the year 2020 were filed under the IBC.Read more

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