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ICEA Urges Interstate Coordination To Maximize Electronics Manufacturing Incentives

Amaravati, June 7 -- The India Cellular and Electronics Association (ICEA) has called for enhanced interstate coordination to better leverage central government manufacturing incentives. Several stat... Read More


BEL Signs MoU With Tata Electronics For Indigenous Semiconductor Development

Mumbai, June 7 -- Bharat Electronics Limited (BEL), the navratna defence public sector undertaking (PSU), has entered into a strategic partnership with Tata Electronics to develop indigenous electroni... Read More


Madhya Pradesh To Host Solar Energy Summit As Part Of Renewable Power Push

Bhopal, June 7 -- The Madhya Pradesh government will conduct the 'Suryamitra Agriculture Feeder Scheme Summit' on June 10 at the Kushabhau Thakre Convention Center in Bhopal, according to a government... Read More


Lending Rates Expected To Drop 30 Basis Points Following Policy Rate Cut: SBI Report

New Delhi, June 7 -- Lending rates across the banking sector are projected to decline by approximately 30 basis points in response to recent monetary policy adjustments, according to a comprehensive a... Read More


Allahabad High Court Rules Purchasers Not Liable for Supplier's GST Defaults

Allahabad, June 7 -- The Allahabad High Court delivered a significant judgment on May 30, 2025, in the case of M/s R.T. Infotech versus State Tax Authorities, establishing that purchasers cannot be he... Read More


Private Refiners Shift Focus to Domestic Fuel Market Amid Tightening Export Margins

New Delhi, June 6 -- India's major private refiners, Reliance Industries and Nayara Energy, are increasingly turning their attention to the domestic fuel market as global refining margins tighten. Th... Read More


API Prices Fall Sharply Easing Pressure on India's Pharmaceutical Industry

New Delhi, June 6 -- India's pharmaceutical sector is experiencing significant relief as the prices of Active Pharmaceutical Ingredients (APIs) have dropped sharply, thanks to increased domestic produ... Read More


India and Italy Strengthen Strategic Ties in Industry 4.0, Technology, and Automobiles

New Delhi, June 6 -- India and Italy have agreed to enhance their bilateral cooperation in key sectors, including Industry 4.0, smart manufacturing, technology, and the automobile industry. This comm... Read More


India Plans Incentives to Boost Domestic Rare Earth Magnet Production Amid Supply Shortages

New Delhi, June 6 -- India is taking proactive measures to address the growing concern over its dependence on China for rare earth magnets, essential components in electric vehicles (EVs), renewable e... Read More


RBI Cuts CRR By 1% To Inject Rs 2.5 Lakh Cr Into Banking System By December

New Delhi, June 6 -- The Reserve Bank of India (RBI) announced a substantial monetary policy intervention on Friday, with a 1 percent cut in the Cash Reserve Ratio (CRR) to inject Rs 2.5 lakh crore in... Read More