Sunday, September 25, 2022

Foxconn to make iPhone 14 in India

India is set to manufacture Apple’s flagship iPhone 14 smartphones with the company confirming that the devices would be made in India at contract-manufacturer Foxconn’s factory in Sriperumbudur, Tamil Nadu. This would perhaps be the quickest scale-up that Apple has initiated in its India manufacturing setup with the latest iPhone being made here within weeks of its global unveiling on September 7.

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Telecom privacy violators set to face stiff penalties

Within days of releasing the draft telecom bill for public comments, the government has received feedback that penal provisions for violation of norms on privacy of users need to be tightened further. These are expected to be incorporated when the final legislation is drafted.

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Can India economy stay steady amid global turmoil? These 8 charts sum it up

Central banks rushed monetary measures to stem capital flows and combat inflation that no longer looks temporary. The rupee also hit a new low, sending stocks crashing. Can the Indian economy hold steady and what will help?

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Threshold for criminal offences under GST law may be raised

The proposal entails raising the threshold of cognizable and non-bailable offences under Section 132 of the Central GST Act to ₹20 crore from ₹5 crore now and attaching bank accounts only for serious and high value offences under Section 83.

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393 infra projects show cost overruns of Rs 4.65 lakh cr

According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,526 projects, 393 reported cost overruns and as many as 647 projects were delayed. According to the report, the expenditure incurred on these projects till August 2022 was Rs 13,60,645.94 crore, or 52.49 percent of the anticipated cost of the projects

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RBI interest rate decision, global trends to drive markets this week: Analysts



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Cooperative sector happy with Centre's decisions, says FM Nirmala Sitharaman after winding up Baramati tour

Those who exploited the cooperative sector for political gains never thought of creating a separate ministry for it, and it was Prime Minister Narendra Modi who set up the cooperative ministry, Nirmala Sitharaman told reporters on Saturday after concluding her three-day tour of the Baramati Lok Sabha constituency in Maharashtra's Pune district.

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Saturday, September 24, 2022

393 infra projects show cost overruns of Rs 4.65 lakh crore



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Why ageing citizenry is a challenge across the globe, particularly for India

​​​From 5% of the population in 1950, senior citizens were close to 10% of the population by 2016, and this is estimated to rise to 19% by 2050, when about one in five Indians will be 60 years or older, according to the UN, which declared October 1 as International Day of Older Persons.

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