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The 10 mega integrated textile parks will be developed in 1,000 acres of land closer to the ports. This will give plug-and-play facilities, including safeguard measures in the labour laws, textile secretary Ravi Capoor said on Thursday during a meeting of the Confederation Indian Textile Industry (CITI).

Textile industry seeks basic means before mega parks

According to Sanjay Jain, former chairman of CITI, scale of production is a major problem for the Indian textile...

14 Feb 2020 2:01 AM IST

While the country attracted FDI valued around $286 billion in the past five years across sectors, defence and aerospace, which were projected as high potential sectors under Make in India, could grab only a measly Rs 1,834 crore, according to government data released on Monday.

Defence, aerospace get Rs 1,800 cr FDI in 5 years

The government had also announced two defence corridors-- in Tamil Nadu and Uttar Pradesh.

11 Feb 2020 4:17 AM IST

The government had formulated a draft National Tourism Policy in 2015-16, but is still, hold your breath, seeking cabinet approval.

5 years and tourism policy is still on way to cabinet

The last time the tourism sector had a national level policy was in 2002, nearly two decades ago.

11 Feb 2020 4:12 AM IST

Consumers significantly value the benefits of e-health over the traditional outpatient care system across pharmacy, consultation, and diagnostics categories.

E-health to grow multi-fold to $16 billion by FY25

Out of this 60 million, 4.3 million are already using e-health.

10 Feb 2020 5:45 AM IST

The loading/reloading of such PPI can be done only from a bank account and it can be used only for making digital payments such as bill payments, merchant payments, etc.

Digital Payments Index soon

The index will be made available from July 2020.

7 Feb 2020 2:04 AM IST

As per section 4 (2) b of the RERA Act, it is mandatory for the realtor to disclose litigations connected to the project, which is registered with the MahaRERA.(Representational image)

Realtors happy with relief, but wanted rate cut

However, the sector has been looking forward for rate reduction and better transmission of rates to push demand at the...

7 Feb 2020 2:00 AM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

Non-taxpaying NRIs will be taxed as Indian residents

The Budget also proposed to reduce the period of stay in India to 120 days from 182 days earlier for PIOs to be...

2 Feb 2020 5:43 AM IST

Finance minister Nirmala Sitharaman

Archaeological sites to be developed into iconic sites

In this context, the Budget proposed to develop five archaeological sites as iconic sites with onsite museums.

2 Feb 2020 4:26 AM IST

It has mooted data centre parks throughout the country and outlaid 8,000 crore over a period five years for the National Mission on Quantum Technologies and Applications.

Data Centre Parks to come up across country

In this regard, she proposed to bring out soon a policy to enable private sector to build Data Centre parks throughout...

2 Feb 2020 4:23 AM IST

The private healthcare sector and medical equipment manufacturers have something to cheer about this years budget.

Viability gap funding set to cheer up private health sector

The viability gap funding window will be provided to hospitals which are setting up centres in tier II and III cities.

2 Feb 2020 4:20 AM IST

Finance minister Nirmala Sitharaman

Finance minister takes care of many concerns of MSMEs

According to the minister, more than five lakh MSMEs have benefitted from restructuring of debt permitted by RBI in the...

2 Feb 2020 4:02 AM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

Exporters all set to get tax refunds

Under the NIRVIK scheme, the insurance guaranteed could cover up to 90 per cent of the principal and interest.

2 Feb 2020 3:34 AM IST