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Centre approves ‘Semicon 2.0’ with Rs 1,27,500 crore outlay to boost chip design, manufacturing

Jul 15, 2026

New Delhi, July 15 (IANS) After the success of the ‘Semicon 1’ initiative, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the ‘Semicon 2.0’ scheme for the development of a domestic semiconductor design and manufacturing ecosystem, with a total budget outlay of Rs 1,27,500 crore.To date, 12 manufacturing units have…

Cabinet approves Rs 62,500 crore mobile phone manufacturing scheme

Jul 15, 2026

New Delhi, July 15 (IANS) The Union Cabinet -- chaired by Prime Minister Narendra Modi -- on Wednesday approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore to scale up domestic production, boost…

Business

Cabinet okays Rs 10,998 crore project for 43 km link corridor to decongest Varanasi

Jul 15, 2026

New Delhi, July 15 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the development of a 43.218 km link corridor connecting NH-31 and the Varanasi Ring Road along the River…

Business

Andhra Pradesh defends Ramayapatnam Port’s operation under PPP model

Jul 15, 2026

Amaravati, July 15 (IANS) The Andhra Pradesh government said on Wednesday that it has initiated a transparent bidding process for Ramayapatnam Port aimed at attracting international players and defended its decision on its operation and…

Business

Why China can’t break away from US dollar

Jul 15, 2026

New Delhi, July 15 (IANS) There is no escape from the US dollar for China even as Beijing propagates a 'de-dollarisation' campaign to promote its own currency, the renminbi, to settle payments in international trade and debt…

Business

Patanjali Foods shares plunge 20 pc, hit over six-year low

Jul 15, 2026

Mumbai, July 15 (IANS) Shares of Patanjali Foods tumbled as much as 20 per cent on Wednesday, hitting a fresh 52-week low and their lowest level since April 2020, before recovering some of the losses later in the trading session.The stock…

Business

China’s growing investment in African ports raises sovereignty risks: Report

Jul 15, 2026

New Delhi, July 15 (IANS) China’s growing investments in African ports undermine the sovereignty of African nations and are being repurposed for military and intelligence uses, a new report has said.As China invested $50 billion in African…

Business

Uranium deal with Australia lifts fuel hurdle for India’s nuclear power projects: Report

Jul 15, 2026

New Delhi, July 15 (IANS) The Administrative Arrangement on the India-Australia uranium deal, finalised last week during Prime Minister Narendra Modi’s visit, gives India access to the world’s largest known uranium reserves after years of…

Business

‘Significant moment in India-UK partnership’: PM Modi hails landmark free trade…

Jul 15, 2026

New Delhi, July 15 (IANS) Prime Minister Narendra Modi on Wednesday described the coming into force of the India-UK Free Trade Agreement (FTA) and the accompanying Agreement on Social Security as a "significant moment" in bilateral ties.He…

Business

Over 50 pc AI-exposed workers see stagnant pay despite hiring premiums: Report

Jul 15, 2026

New Delhi, July 15 (IANS) Employers in India are advertising substantial pay premiums for AI skills even as 54 per cent of workers report stagnant or falling pay, a report said on Wednesday.The report from Indeed said 66 per cent of…

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