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Indian Semiconductor Mission or ISM scheme, from the current ₹ 76,000 crore, following the growing popularity worldwide. “We can increase funding when the ISM scheme gets exhausted. If we have to bring more fabs in the country, then we may need more money, and may have to bring in more funds to this focus area,” S Krishnan, Secretary MeitY told ET. The top official further said that in the next 2 to 3 years, the government would try to have 2-3 more semiconductor fabrication (fab) units in the country.

₹65,298 per 10 grams on the MCX, indicating a notable increase of over ₹2,700 within the initial week of March last week on Thursday. This remarkable uptrend in the value of the precious metal is primarily attributed to the anticipation of an interest rate cut by the US Federal Reserve in June. This expectation has ignited bullish sentiments in both domestic and international markets, further fueling the rise in gold prices.

Hailing from a prestigious tenure at Kotak Securities, where he held the esteemed position of Vice President in the technology domain, Amit brings a wealth of expertise to his new role. He has also served a notable stint at Angel One Broking, further bringing out his reputation as a luminary in the field.

The Piper Sandler managing director and senior economist weighs in on Fed Chair Jerome Powell's comments on rate cuts, discusses consumer spending and reacts to the jobless claims number.

₹27.5 last month, while non-vegetarian thali rose 4% to ₹54, according to rating agency Crisil. Year-on-year, though, the cost of a vegetarian meal increased 7%, while non-vegetarian thali declined 9%. A typical vegetarian meal includes roti, vegetables (onion, tomato and potato), rice, dal, curd and salad.

Still looking for an amazing deal on a cruise? Four years after Covid-19 shut the industry down, a brief golden age of uncrowded decks and deep discounts has come to an end. With ships sailing at capacity and prime cabins selling out quickly, grabbing an offer as the industry’s traditional “wave season" winds down this month might be wise. Investors are in more luck than travelers: Even though the lowest prices are off the table, bargains remain available in the shares of cruise lines—especially for those not put off by a bit of choppiness.

While some parents choose to pay the interest amount regularly during the study period, many other parents are unable to do so, and they primarily depend on a moratorium given with the education loan. A moratorium period allows them to push the repayment period by a few years, so that the student can get a job after completing the course and repay the loan herself or himself. While the moratorium period can ease the repayment burden for students and parents during the study period, it may come at the cost of a higher repayment burden for students if the education loans are not subsidised by the government.

developer known for luxury projects in south Mumbai and the western suburbs is having a rip-roaring love affair… with luxury cars. The latest addition to his fleet is a Mercedes G-Wagen having a colour customised by the automobile major for him. The G-Wagen is priced north of Rs 4.7 crore in India. Five months ago, the developer bought a Range Rover Evoque and a few weeks before that purchased a Bentley Bentayga, which costs more than Rs 6 crore in India at the top of the range. The magnate's romance with haute wheels shows no signs of slowing down.

Joe Biden called for higher taxes on corporations Thursday in his State of the Union address, while pushing for lower medicine costs and improved housing affordability, as he sought to allay concerns over the economy. The 81-year-old outlined his agenda in the annual speech, in an effort to speak to voters' worries while taking credit for the recovery of the world's biggest economy as he seeks reelection this year.

Battery electric vehicles will be, on average, cheaper to produce than a comparable internal combustion engine by 2027 thanks to new manufacturing methods that are lowering production costs, market research firm Gartner said on Thursday. Gartner expects production costs to drop considerably faster than the costs of batteries, which are the most expensive part of an EV and account for around 40% of the vehicle's price. Gartner said its analysis was driven by «innovations that simplify production costs such as centralized vehicle architecture or the introduction of gigacastings that help reduce manufacturing cost and assembly time.»

Indian pilots are exhausted, battling erratic schedules, consecutive late-night departures and excessive hours. Yet airlines are pushing back against new rules from the aviation regulator that mandate longer breaks and shorter work hours for cockpit crew. Fearful of higher costs and restricted operations, carriers want to delay implementation. They shouldn’t. Instead, India’s aviation industry needs to embrace these rules quickly with the understanding that safer skies and a greater emphasis on working conditions can only help business and lure more customers. The pain of tighter working hours will be short-lived, but the the benefits will be enduring.

China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38% while its exports of key components almost doubled. Get ready for an even bigger display of China's solar energy dominance. While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing far ahead.

A federal judge has ruled that Norfolk Southern alone will be responsible for paying for the cleanup after last year's fiery train derailment in eastern Ohio

Sarbananda Sonowal, has said that the UNNATI scheme announced by the Union cabinet is a gamechanger initiative by PM Narendra Modi, which is going to boost development of newer industries in the Northeast. Sonowal stated, “The UNNATI 2024 is a gamechanger initiative by PM Narendra Modi ji which going to boost development of newer industries in the Northeast. The vision of our Prime Minister Narendra Modi ji for the region as the Powerhouse of India's economic growth is being realised with this massive initiative for economic growth and huge prospect for employment generation in the region. With a financial outlay of more than Rs 10,000 crores, the Northeast adds another reason for newer investment by manufacturing companies to set up their plants. Modiji's commitment to empower 'Act East policy' through the UNNATI 2024 will not only propel growth in the region but also act as a multiplier for trade and commerce of India with Southeast Asia." The Union Cabinet approved the proposal of the Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade for Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI – 2024) for a period of 10 years from the date of notification along with 8 years for committed liabilities at a total cost of Rs.10,037 crore.

₹100 in view of International Women's Day. "By making cooking gas more affordable, we also aim to support the well-being of families and ensure a healthier environment. This is in line with our commitment to empowering women and ensuring ‘Ease of Living’ for them," PM Modi wrote on the X platfrom.

LPG Cylinder Prices: India has cut LPG cylinder prices by a steep 100 rupees per cylinder, a move that will ease cost burden on households across the country in the world's most populous nation that is set to vote for the next government during the summer season. «Today, on Women's Day, our Government has decided to reduce LPG cylinder prices by Rs. 100. This will significantly ease the financial burden on millions of households across the country, especially benefiting our Nari Shakti,» Prime Minister Narendra Modi wrote on Twitter. By enhancing the affordability of cooking gas, the government also seeks to bolster the welfare of families and promote a healthier environment, Modi said, adding this move aligns with New Delhi's dedication to empowering women and guaranteeing their 'Ease of Living'.

Gold prices on Friday were on track for their biggest weekly jump in five months, hovering near a record peak, as Federal Reserve Chair Jerome Powell's comments reinforced investor hopes for a first U.S. rate cut in June.

Assam chief minister Himanta Biswa Sarma said that within the span of one month and without any investment summit Assam has secured Rs 80,000 Crore investment. Sarma stated in X, “Today, within a span of 1 month, without any investment summit, Assam has secured about 80,000 cr of investment. This has only been possible due to Hon’ble Prime Minister Shri@narendramodiji’s relentless focus on Assam”. Prime minister Narendra Modi will come on a two-day visit to Assam and Arunachal Pradesh. In Assam Prime minister will lay the foundation stone or inaugurated a project worth Rs 18,000 Crore in Assam.

savings, which can lead to financial stress in the future. They must strike a balance between their familial responsibilities and their financial goals. They must ensure that they are investing in themselves and their future, without neglecting their family's needs. Whether you're single, married, or divorced, navigating these challenges can be tough.

By Aatrayee Chatterjee

The Minneapolis City Council has passed a measure that would increase wages for drivers of ride-hailing services to an equivalent of more than $15 an hour