Kelwon Electronics News Today

As the central bank held key policy rates steady, the EMIs on home and auto loans are likely to remain stable for some more time. The RBI has kept interest rates unchanged since February 2023.

Indias Finance Minister, Nirmala Sitharaman, presented the Union Budget, positioning it as a foundation for developing India into a Viksit Bharat or a developed nation by 2047. The budget, totaling INR 47.66 lakh crore, spans various sectors with a focus on social justice, fiscal prudence, and fiscal deficit reduction. Experts view the budget as laying the groundwork for an empowered and inclusive India, echoing Prime Minister Narendra Modis vision.

Lohia: A comprehensive policy on the components for Electric Vehicles (EV), inclusion of commercial vehicles for incentives, clarity on the Goods and Services Tax (GST) on spare parts and consistency on the policy front, are the expectations of industry players from the forthcoming Interim Budget for transition from petrol/diesel vehicles to EVs.

A comprehensive policy on the components for Electric Vehicles (EV), inclusion of commercial vehicles for incentives, clarity on the Goods and Services Tax (GST) on spare parts and consistency on the policy front, are the expectations of industry players from the forthcoming Interim Budget for transition from petrol/diesel vehicles to EVs.

Sitharaman is scheduled to present the interim Budget 2023-24 in the Lok Sabha on February 1

Budget 2024: Experts said the government initiatives focused on streamlining the setup process of component-level manufacturing facilities and providing specialized insights for electronic manufacturers will catalyze advancements in the technology manufacturing sector.

DAEWOO Launches Interactive Flat Panel with Zero Bonding and A+ Display

The Reserve Bank of Indias Monetary Policy Committee (MPC) has begun a three-day meeting to discuss the next set of bi-monthly monetary policy. The expectation is for a continued pause on the short-term key lending rate, considering the momentum in GDP growth and manageable inflation. RBI Governor Shaktikanta Das is set to announce the MPCs decision on December 8

RBI left the benchmark policy rate (repo) unchanged in its past four bi-monthly monetary policies.

RBI Governor Shaktikanta Das would unveil the decision of the six-member MPC on December 8