India’s electronics manufacturing services (EMS) market may cross $150 billion by FY30, says KPMG report
India currently accounts for only about 5-6 per cent of global EMS manufacturing, indicating significant headroom for expansion.
India currently accounts for only about 5-6 per cent of global EMS manufacturing, indicating significant headroom for expansion.
Adani's net worth saw a massive rise to USD 89.2 billion, which is more than Ambani's USD 88 billion and Masayoshi Son's USD 87 billion.
Neelkanth Mishra noted that the cushion available within the pricing system remains adequate and that earlier fears of significantly larger fuel subsidies have not materialised.
The chargesheet reportedly details the alleged role of officials associated with Haryana Power Generation Corporation Ltd. and Haryana School Shiksha Pariyojna Parishad, while also outlining the methods allegedly used to siphon off government funds.
Centre has announced rationalisation of the tax treatment on the investments by Foreign Portfolio Investors (FPIs) in Government Securities (G-Secs), by exempting such investments from income tax on any interest or capital gain to align with the taxation on G-Secs with many comparable jurisdictions.
At the close, the Sensex was up 266.47 points, or 0.32%, to 83,580.40, while the Nifty gained 50.90 points, or 0.20%, at 25,693.70.
Mis-selling financial products and services by any Regulated Entity (RE) has significant consequences for both customers as well as the RE.
Consequently, the standing deposit facility (SDF) rate remains at 5%, and the marginal standing facility (MSF) rate and the Bank Rate remain at 5.50%.
World’s largest cryptocurrency Bitcoin extended losses on Friday, falling over 6 per cent to about $66,198 as risk aversion, heavy liquidations, weakness in technology stocks, and fears of tighter US monetary policy rattled investors.
The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday unanimously decided to keep the key policy repo rate unchanged at 5.25 per cent, citing resilient domestic growth, a benign inflation outlook and rising global uncertainties.