Govt mulls launching PLI scheme for chemical sector

Addressing a webinar on ‘Implementation Strategy of Budget Announcement 2021-22’, Chemicals and Fertilisers Minister D V Sadananda Gowda on Friday said the government is working on a consultative approach in forming the policies for India’s chemicals and petrochemicals sector….

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Financial sector growth has been slow: CEA Krishnamurthy Subramanian

He said the Budget has made a significant push towards reforming the financial sector and adding vitality to it …

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U.S. and Europe will suspend tariffs on wine, food and airplanes.

The governments agreed to temporarily suspend tariffs on billions of dollars of products as they search for a settlement to a long-running clash over subsidies given to Airbus and Boeing. …

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Goldman Sachs Partners’ Exits Point to a Changing Culture at the Bank

An unusually large number of senior executives have left Goldman recently as C.E.O. David Solomon remakes the Wall Street firm. …

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‘There Is a Bigger Role’: A C.E.O. Pushes Diversity

Tim Ryan, a white man and the U.S. chairman and senior partner at PwC, has made equity and inclusion a focus of the firm. …

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Fresh enquiries from non-tyre sector lift RSS 5 grade rubber

Spot rubber closed unchanged on Friday. RSS 4 was quoted steady at ₹160 per kg by traders and the Rubber Board. The grade finished flat at ₹155, accor …

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Agriculture Minister Narendra Singh Tomar emphasises on raising private investment in farm sector

Tomar, who is also the food processing minister, encouraged entrepreneurs to set up food processing units in the country, and assured them that the government will provide all possible help. He informed that the government is granting speedy approvals to the food processing projects….

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Entire fiscal stimulus to be funded by borrowing, revenues; not taking money from people: FM

“I am not expecting the stimulus to be funded by taxpayers. Not a rupee from the taxpayer. The entire amount …. is shown as revenue and borrowings. The government is borrowing to spend, but it is not taking from people,” she said while interacting with journalists at the IWPC (Indian Women’s Press Corps)….

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Teen Vogue Selects Its Next Top Editor, the Political Reporter Alexi McCammond

Ms. McCammond’s relationship with a former Biden press aide, T.J. Ducklo, recently made news after he threatened a reporter and was forced to resign. …

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India on track to achieve Paris Agreement goals: Modi

Prime Minister Narendra Modi has said that India is on track to achieve its self-determined targets under the Paris Agreement well before the 2030 dea …

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Modi, Swedish PM discuss defence; aware of Gripen-maker Saab’s pitch: MEA

Prime ministers of the two countries on Friday noted defence is an important area of a long-standing collaboration …

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For the Economy, the Present Doesn’t Matter. It’s All About the Near Future.

The economy is at a major inflection point, and the question is whether job creation will accelerate in the months ahead. …

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Gender inequality has cost world $70 tln since 1990: Report

The report also notes that full gender equality globally can increase the world GDP by up to USD 28 trillion by 2025 and the loss of human capital wealth due to gender inequality alone is estimated at USD 160.2 trillion….

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NHAI introduces AI-based face recognition system for attendance monitoring

In line with its commitment to adopt technology to enhance transparency and accountability, the National Highways Authority of India (NHAI) has depl …

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Infrastructure majors evince interest in BOT projects in West Bengal after Highways ministry tweaks model

The companies participated in the technical bidding round which opened on Friday, a person familiar with the development told. “Four companies including IRB, Adani, PNC Infratech and GR Infra have participated in bids invited on BOT mode by NHAI.”…

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