Prime Minister Modi was also briefed about India's production capacity and how it can be enhanced to meet the rising demand. He told officials to increase oxygen production as per the capacity of each plant and offer the surplus stock in steel plants for medical use

The draft has stated that sharing of data for industrial development would be encouraged and regulations for data will be provided for the sharing mechanism

Union Budget 2021 expectations: Startups are now looking forward to FM Nirmala Sitharaman's Budget 2021 to give them a leg up in the road to recovery

In the backdrop of slowing economy, there is high hope from the government to remove FDI caps in different sectors to attract substantial foreign investment

NASSCOM recommended extending concessional corporate tax rate to all new IT-BPM units incorporated in SEZs that commence operations within a set period and commit to createcertain number of jobs

In the year-ago period, FDI equity inflows stood at USD 29.31 billion, as per the data of the Department for Promotion of Industry and Internal Trade (DPIIT)

DPIIT Secretary Guruprasad Mohapatra said that the government is developing a technology-based single window, where investors can not only get all information on land, procedures, requirements and forms, they can also create a single unified sheet of information

As India's IT industry advances and its content economy grows, an effective IPR regime is foundational to achieving the government's goal of a USD 1 trillion digital economy, Biswal said

If an entity has more than 26 per cent FDI, the company will have to share the details with the IB ministry in one month from now, and take necessary steps to bring it down to 26 per cent by October 15, 2021

Reliance Jio plans to sells 5G smartphones at Rs 2,500-3,000Reliance Jio is planning to launch a 5G smartphone for less than Rs 5,000 and gradually reduce the price to Rs 2,500-3,000 a unit when it scales up the operation, according to a company official. The company will target 20-30 crore mobile phone users who use 2G connection at present.Coronavirus impact: Passenger vehicle exports dip 57.52% in Apr-SepPassenger vehicle exports bore the brunt of the pandemic in April-September period....

26% FDI in digital media: The company would also have to adhere to certain conditions such as the majority directors on the board of the firm shall be Indian citizens; the chief executive officer shall be an Indian

Not only India's relief packages are grossly inadequate it is not even spending enough to revive demand in the crisis-hit economy; what is needed is clear: more fiscal spending, not \"keeping the power dry\" for future stimulus or unrealistic claim of a V-shaped recovery

At present, FDI is permitted under the automatic route in LLPs that are operating in sectors where 100 per cent foreign direct investment is allowed through the automatic route and there are no FDI-linked performance conditions

It was announced following a Cabinet meeting Wednesday during which the government declared a two-week \"state of emergency,\" effectively giving the military full powers during this time

Minister of Railways Piyush Goyal reviewed the steps to promote Make in India products in procurement process of Indian Railways as well as government of India

Taking leaf out of industrial success of countries like China, South Korea and Vietnam, the DPIIT has mooted a slew of proposals to make Indian manufacturing globally competitive. The key areas chosen for giving thrust include defence, pharma, leather, automobiles and food-processing

Amazon sellers now need to tell the company what country their products have been manufactured in before they are ready to be sold in India.

The centre announced a list of all essential medical equipments that has have been domestically manufactured and distributed across the country. It also said that it has distributed more than 6.12 crore HCQ tablets

The Department for Promotion of Industry and Internal Trade (DPIIT) had recently called e-commerce companies like Amazon, Flipkart, Snapdeal and Paytm Mall, etc. to discuss displaying the 'country of origin' of the products on their platforms

Mention of products' country of origin has already been made mandatory for sellers registering new products on GeM (Government e-marketplace) portal