"Manufacturing matters for currency strength, for lower cost of capital, and also in today's world, manufacturing has taken on a strategic dimension," Nageswaran said while addressing the PHD Chamber of Commerce and Industry's (PHDCCI) post-Budget session.
New Delhi [India], February 2: For decades, the fashion industry has relied on plastic packaging not because it was ideal--but because there was no better alternative. It protected garments, moved fast, and stayed cheap. The environmental cost was simply ignored.
India's Chief Economic Adviser V. Anantha Nageswaran on Tuesday said that boosting the manufacturing sector is crucial for strengthening the rupee over the medium term and for bringing down the cost of capital in a meaningful manner. He noted that countries with strong and stable currencies
The U.S. Food and Drug Administration (FDA) has announced major steps to make it faster and less costly to develop biosimilar medicines, lower-cost "generic" alternatives to biologic drugs used to treat serious and chronic diseases.
The recent Goods and Services Tax (GST) rate rationalisation has extended relief across key sectors, including handicrafts, food products, footwear, toys, textiles and industrial goods. According to a government release on Thursday, the reforms are expected to lower costs for consumers, impr
The central government's latest borrowing outlook for the second half of current financial year (H2FY26) showed that while the government continues to borrow heavily to meet expenditure needs, it is also taking steps to keep costs stable and spreads manageable, highlighted a report by Bank o
Mumbai (Maharashtra) [India], September 29: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, recently celebrated three decades of its operations in India. Dun & Bradstreet India is part of the 184-year-old Dun & Bradstreet Inc. that is headquartered in
Gurugram (Haryana) [India], September 24: Dr. Morepen Pharmacy is strengthening its purpose of affordable and accessible medicines by ensuring that the recent GST reductions on medicines are passed on directly to consumers. With a focus on quality generics and chronic therapies, the mobil
Early investors in India's tier-2 semiconductor sector stand to gain from policy-driven incentives and substantial cost advantages, as Tier-1 hubs face rising saturation and attrition pressures.
Health and term insurance premiums may become cheaper if the Goods and Services Tax (GST) Council approves rate cuts at its meeting, which began here on Wednesday.
Mumbai (Maharashtra) [India], August 29: Novacore Innovations, headquartered in Mumbai, today announced the deployment of India's first GPU cloud platform powered by NVIDIA Blackwell servers, marking a milestone for the nation's AI infrastructure and global competitiveness. Founded in late 2
GIFT City in Gujarat is increasingly gaining traction for setting up Global or Regional Treasury and Commodity Trading Centres (GRCTCs), due to their lower costs and expanding incentives, as per a report by global accounting firm EY.