S&P retains 6% growth forecast for India in FY24 Financial Express Mumbai|September 26, 2023 S&P GLOBAL RATINGS on Monday retained India's growth forecast for the current fiscal at 6% citing a slowing world economy, rising risk of subnormal monsoon and delayed effect of the interest rate hikes. The global rating agency said the recent spike in vegetable price ...
US chipmaker Micron begins construction of the first phase of a $2.75-billion semiconductor testing and packaging plant in Sanand, Gujarat.
US chipmaker Micron begins construction of the first phase of a $2.75-billion semiconductor testing and packaging plant in Sanand, Gujarat. Micron Technology, one of the world's largest semiconductor companies, has begun construction of the first phase of a $2.75 billion semiconductor testing and packaging plant in Sanand, Gujarat, India. Micron carried out the groundbreaking of its plant ...
Joining global supply chains is critical for India: Arvind Virmani, member-Niti Aayog and former chief economic advise
Arvind Virmani, member-Niti Aayog and former chief economic adviser, feels that the Centre could trim non-essential expenditures to meet the fiscal deficit target for the current year, if the rising global commodity prices inflate subsidy expenditures. In an interview with Priyansh Verma, he also pitched for a three-tier GST system, where 75% of goods would attract ...
70% Of India’s IT Hardware Needs To Be Met Domestically: Rajeev Chandrasekhar
The government aims to meet up to 70 per cent of the country's IT hardware requirement through local production in the next three years and reduce dependency on imports from non-trusted sources, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Friday. Speaking to reporters, Chandrasekhar said Ministry of Electronics and IT will share ...