India is finalizing a $1 billion plan to support its solar manufacturing industry, aiming to reduce reliance on China and boost domestic production of wafers and ingots. The subsidies are expected to mirror the success seen in India’s mobile-phone manufacturing…
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SEBI has introduced proposals to lower position limits for equity stock derivatives and tighten index derivatives rules to reduce market risks. New position limits will be linked to cash markets, and tighter criteria for offering index derivatives are planned. Feedback…
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Navy chief Admiral Dinesh K Tripathi emphasizes that India’s semiconductor policy is crucial for the economy and defence manufacturing. He urges private sector involvement and notes the Ministry of Defence’s significant allocation for the Innovation for Defence Excellence (iDEX) scheme…
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India, the world’s third largest oil consumer, purchased crude oil worth 49 billion euros from Russia in the third year of Ukraine’s invasion. With Russian oil available at a discount due to sanctions, India’s imports soared to 40% of its…
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Highlighting that the growth of the technological sector was expected to increase USD 300-350 within the next five years, he said that with over 1.25 lakh startups and 110 unicorns, India has emerged as the third-largest startup ecosystem globally.
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India’s Tata Capital announced on Tuesday that it has approved plans for an initial public offering (IPO), which will involve the company issuing 230 million new shares. Existing shareholders will exit through the offer for sale route.
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