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Are interest rates set for a sharp fall? Will RBI reduce interest rates by 50 basis points?

With India’s economic growth likely to slip under 7 per cent, all eyes are on the meeting of the Monetary Policy Committee of India scheduled in the first week of JuneRead more

ABB launches digital portfolio ABB Ability MineOptimize for Indian mining

MineOptimize connects all electrification, automation and digital offerings to optimise all stages in the lifecycle, from design and build to operation and serviceRead more

Can Indian manufacturing industry achieve $1 tn goal?

The federal government has proposed the ambitious target of $5 trillion for the Indian economy by 2025. Among industries, the goal for the manufacturing sector has been fixed at $1 trillion. But are the targets achievable? Although challenging it’s very much achievable, says Manish Pant.Read more

NCR: A hub for SMEs

The reason why NCR is an essential component of the Indian economy is due to its contribution towards India’s GDP.Read more

India needs to create its own smart-manufacturing ecosystem

Though adoption of Industry 4.0 offers significant strategic advantage to the manufacturing sector, it does not offer a one-size-fits-all solution.Read more

Government to improve working and living conditions of unorganised workforce

Minister of State for Labour and Employment (Independent Charge), Santosh Kumar Gangwar, said recently that the government was working on a policy to improve the working and living conditions of the 400 million labour force in the unorganised sector.Read more

CIPAM-DIPP organises a conference on National IPR Policy

The Cell for IPR Promotion and Management (CIPAM), a professional body under the aegis of the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry, is organising a conference on successful completion of two years of the National Intellectual Property Rights (IPR) Policy adopted by the Government of India in May 2016 in New Delhi today.Read more

Vehicle scrappage new policy, unlikely to perk up demand significantly says CRISIL

The much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods and Services Tax (GST) Council. As per the draft policy released by the Ministry of Road Transport and Highways (MORTH) on May 26, 2016, vehicles older than 15 years were eligible for benefits under the scrappage scheme.Read more

North-East industrial development policy to incentivise MSMEs

In order to promote employment in the North East States and incentivise the MSME (micro, small & medium enterprises) sector, the Union Cabinet has approved the North East Industrial Development Scheme (NEIDS), 2017 with financial outlay of Rs 30 billion up to March, 2020.Read more

Indian paper industry likely to touch 25 MT by 2020

Indian paper industry is poised to grow and touch 25 million tonnes from 20.37 million tonnes to 2019-20 from 2017-18 at the rate of 10% per annum, according to The Associated Chambers of Commerce and Industry of India (ASSOCHAM) recent paper.Read more

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