Import of ACs decrease under India's ‘atmanirbhar’ policy - In October 2020, the DGFT issued a notification under which import of Air conditioners with refrigerants were prohibited.
Apple to begin assembling iPhone 12 in India soon fonearena.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fonearena.com Daily Mail and Mail on Sunday newspapers.
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3D Printed Titanium Rims are Trending!!
The automotive wheel rims market is growing rapidly, mainly due to the continually rising vehicle production and sales worldwide. Besides, the strong economic growth and the spurring rise in the automotive industry create substantial market demand. Moreover, growing numbers of OEMs and increasing aftermarket activities across the globe escalate market growth.
According to Market Research Future (MRFR), the
global automotive wheel rims market is projected to grow at a 4% CAGR during the forecast period (2020–2026). Automotive is one of the 13 industries that have been earmarked for extended financial support over the next five years via the Production-Linked Incentive (PLI schemes)
Aarti Speciality Chemicals, a wholly-owned subsidiary of Aarti Drugs has received an approval accorded under Production Linked Incentive (PLI) scheme for pharmaceutical sector.
Government of India s Department of Pharmaceuticals under the Ministry of Chemicals and Fertilizers recently launched a Production Linked Incentive (PLI) scheme to promote domestic manufacturing by incentivising pharmaceutical manufacturers to set-up greenfield projects in India with a minimum domestic value addition in four different target segments (Two in Fermentation based - at least 90% and Two in the Chemical Synthesis based - at least 70%) with a total outlay of Rs 6,940 crore.
The objective of the scheme is achieving self-reliance and reducing import dependence in these critical Key Starting Materials (KSMs)/ Drug Intermediates/ Active Pharmaceutical Ingredients (APIs) in the country. The tenure of the scheme is from FY21 to FY30.
Moderate gains seen at open, but crude, FPI flow to anchor direction
March 08, 2021
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Asian markets in early trade on Monday are up 0.5-1.5%; US markets on Friday closed up 1.55-2%; analysts fear the market may see volatility
The Indian stock markets, after falling a couple of days, are expected to open on a positive note on Monday, thanks to global markets. The SGX Nifty, ruling at 15,080, points to a 130-point gain for Nifty futures, which on Friday closed at 14,953 on the NSE.
Asian markets in early trade on Monday are up in the range of between 0.5 and 1.5 per cent. Australian indices are ruling with the biggest gains on Monday, while China, Japan and Taiwan too are firm. The US markets on Friday too closed up 1.55-2 per cent.