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[Budget 2020] FM announces new smart meters scheme; allocates Rs 22,000 crore to power and renewable sector

Smart meters scheme, which is aimed at reducing financial stress of Discoms, will help companies like Secure Meters, HPL Electric & Power Ltd, etcRead more

[Budget 2020] FM announces scheme to boost domestic manufacturing of electronic goods

Aim is to reduce reliance on Chinese imports of electronic components. FM also allocated Rs 8,000 cr for setting up National Mission on Quantum Computing to compete with US and China in this new field Read more

Renewable energy spreads in Rajasthan

The draft Solar Policy 2019 of Rajasthan aims to establish the state as a global center of solar power with installed capacity of 50 GW in next 5-6 years. Read more

Govt to set up National Research Foundation to step up R&D

Budget 2019-20 has allocated Rs 400 cr for FY 2019-20 to create ‘World Class Institutions’ in the field of education which is more than three times the revised estimates for the previous yearRead more

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

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