Industry Sectors

There is no possibility of any change in Goods and Services Tax (GST) rates till the revenue stabilizes, a senior official has assured during the FICCI's 92nd Annual Convention on 21 Dec 2019.

The Government’s handholding for MSMEs in adoption of digital technology has been assured by Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology (Meity).

India can be a major player in Deep Technology if it takes the right steps with a large pool of 1.35 billion human brains and not miss the huge opportunity.

Qatar Holding LLC’s (QH) acquisition of Adani Electricity Mumbai Limited (AEML) and Adani Electricity Mumbai Services Limited (AEMSL) is deemed approved under the Competition Commission of India (CCI) Green Channel which is an automatic system.

Commerce and Industry Ministry will extend all help to the gem and jewellery sector to achieve its target of US$75 billion much faster from the current US$40 billion, assured Minister Piyush Goyal.

Prime Minister Narendra Modi has highlighted the sweeping reforms to make Banking Sector more transparent and profitable.

Housing project delays are perpetually under a tainted spotlight and the country’s top judiciary, including Supreme Court and consumer courts, maintain that home buyers cannot be made to wait indefinitely for the possession of their flats/apartments.

Defence Research and Development Organisation (DRDO) has flight-tested Pinaka Missile System, an Artillery Missile System capable of striking into enemy territory up to a range of 75 kilometres with high precision.

The National Rail Transport Institute (NRTI) is to set up its first Centre of Excellence for Next Generation Transportation Systems for which it has signed a Memorandum of Understanding (MoU) with the University of Birmingham.

The Indian Register of Shipping (IRClass) has received a major shipping accolades in December 2019, cementing its growing influence as an international ship classification society as the year draws to a close.