EEPC-Daily-Newsletter
Wednesday, 28-Jul-2021#

Ola’s Aggarwal ‘strongly disagrees’ with Musk’s callSays must build locally, not just import vehicles

The Hindu BusinessLine · 28 Jul 2021

In a strong comeback to Tesla founder Elon Musk’s call for lower duties on imported EVs, and echoed also by Hyundai MD S S Kim, Bhavish Aggarwal, founder of Ola Electric, which is building the world’s largest two-wheeler factory in Tamil Na...

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IMF cuts India’s growth estimate to 9.5%

The Hindu BusinessLine · 28 Jul 2021

The International Monetary Fund (IMF) has cut India’s GDP growth estimate for FY22 by 300 basis points to 9.5 per cent from its April projection of 12.5 per cent. It has retained the forecast for global economy at 6 per cent in 2021....

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‘Steel sector PLI scheme will be a win-win for all’

The Hindu BusinessLine · 28 Jul 2021

“It is a booster shot” – this is how Ram Chandra Prasad Singh, Union Minister of Steel – describes the Production-Linked Incentive (PLI) scheme announced...

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Trade, security on agenda as Blinken meets Modi today

Business Standard · 28 Jul 2021

India and the US will on Wednesday hold bilateral discussions and focus on wideranging issues including security, trade and investment, Indo-Pacific engagement as well as health care....

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Electronics, Phone Makers Stare at Cold Festive Sales

The Economic Times · 28 Jul 2021

Indian manufacturers are facing components supply glitches from China due to rains & shortage of cargo ships...

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Local Solar Cos Jittery as Curbs on Chinese Modules End this Wk

The Economic Times · 28 Jul 2021

Domestic solar manufacturers are jittery as the import duty protections to prevent dumping of Chinese modules are expiring by the end of the week, with no replacements in sight yet...

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House Panel Calls for Fresh Package to Help Small Businesses

The Economic Times · 28 Jul 2021

A parliamentary panel has said the stimulus package announced by the government was inadequate to help small businesses in the pandemic-hit economy and batted for more measures, particularly for micro, small and medium enterprises....

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EEPC-Daily-Newsletter