New Delhi, Mar 9 (PTI) Council for Leather Exports (CLE) on Wednesday urged the government to extend the production-linked incentive (PLI) scheme to the sector and consider setting up a leather park to boost manufacturing, export and job creation.CLE Chairman Sanjay Leekha said India's leather and footwear exports stood at USD 5.5 billion at present, [...]
Jaipur, Mar 9 (PTI) Rajasthan Chief Minister Ashok Gehlot on Wednesday asked the Union Minister for Road Transport and Highways Nitin Gadkari to expedite the pending proposals for declaring 50 state highways as national highways. This will strengthen the infrastructure of the state and the areas connected with these roads will develop rapidly, he said. [...]
A Delhi Court on Wednesday pulled up the CBI for the tardy investigation in the NSE co-location scam case, saying that the magnitude of the case “will be big” and the reputation of the country was at stake and sent former group operating officer (GOO) of National Stock Exchange Anand Subramanian to 14-day judicial custody. [...]
New Delhi, Mar 9 (PTI) A delegation led by Steel Minister Ram Chandra Prasad Singh will meet investors in Dubai this week to attract investment in the Indian steel sector, an official statement said.The India Pavilion at EXPO 2020, Dubai, is all set to host 'Steel Week' from March 11, 2022. The weeklong event will [...]
Colombo, Mar 9 (PTI) Sri Lanka is set to finalise another credit facility with India for food, medicine and other essential items which would help the island nation facing the worst economic crisis in decades, official sources here said on Wednesday.Sri Lanka is currently reeling under a severe foreign exchange crisis with falling reserves. The [...]
New Delhi, Mar 9 (PTI) Buoyed by record pre-booking of its flagship devices in the S22 series, South Korean electronics major Samsung on Wednesday said it expects to outpace the industry growth with expansion of product ecosystem and become a leader in the premium segment by June this year.Samsung India senior vice president Raju Anthony [...]
Mumbai, Mar 9 (PTI) The crippling economic sanctions imposed by the US and European nations on Russia following its invasion of Ukraine threaten to take the sheen off the domestic diamond industry, culling its sales by 25-30 per cent worth USD 2-2.5 billion in the next quarter alone, a report has warned. The domestic diamond [...]
Mumbai, Mar 9 (PTI) The Reserve Bank on Tuesday said NaBFID will be regulated and supervised as an All India Financial Institution by it under the RBI Act, 1934.The National Bank for Financing Infrastructure and Development (NaBFID) Act, 2021, received the assent of the President on March 28, 2021. It came to force with effect [...]
New Delhi, Mar 9 (PTI) Digital financial services firm One97 Communications, which owns the Paytm brand, has hired 145 talents from the top management institutes, including IIM Ahmedabad, IIM Lucknow and ISB Hyderabad, for mid-level managerial positions, the company said on Wednesday.Paytm vice president Narendra Yadav said that the hiring is for the mid-managerial level."We [...]
Beijing, Mar 9 (PTI) China once again kept mum on Sri Lanka’s request for debt restructuring but said it has been assisting the island nation to the best of its ability to overcome its forex crisis.Sri Lanka, which has emerged as a key foothold for China in the Indian Ocean region, is currently reeling under [...]
