Made-in-India phones get a PLI push as electronics firms receive Rs 19,091 crore

Made-in-India electronics get PLI boost as firms draw Rs 20,580 crore investment From making more phones at home to sending them overseas, India’s electronics manufacturing push has clocked up a sizeable government payout. Large-scale electronics manufacturing companies have received Rs 19,090.98 crore in incentives up to June this year, the highest among the sectors covered…

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Foreign secretary Vikram Misri meets US lawmakers; Russia sanctions bill and India-US ties in focus

Foreign Secy Vikram Misri meets US Congressional delegation Foreign secretary Vikram Misri on Sunday met a bipartisan US Congressional delegation led by House Foreign Affairs Committee chairman Brian Mast, as the two sides discussed the recently enacted Sanctioning Russia and Iran Act (SRIA), strategic ties and energy security.The talks also covered the future course of…

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‘Productive discussion’: EAM Jaishankar, Canada FM Anand discuss taking bilateral ties ‘to a higher level’

Canadian Minister of Foreign Affairs, Anita Anand with Jaishankar NEW DELHI: India and Canada are preparing to take their bilateral relationship “to a higher level”, external affairs minister S Jaishankar said after meeting his Canadian counterpart Anita Anand on the sidelines of the United Nations General Assembly in New York.Jaishankar described the discussion as “productive”…

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New mobile recharge rules: 30-day plans, call-only options and more; TRAI rules explained

New mobile recharge rules Prepaid mobile users will have more recharge options under a new consumer protection framework notified by the Telecom Regulatory Authority of India (TRAI), with the changes covering both plan validity and voice-and-SMS-only services.The new rules provide for greater availability of voice-and-SMS-only Special Tariff Vouchers (STVs), including plans valid for 30 days…

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No Upi Day: ‘UPI must remain zero MDR’: Mobile retailers announce October 2 protest

Mobile retailers warn of higher costs, call October 2 protest (representative image) Mobile phone retailers across India plan to observe October 2 as a “No UPI Day”, protesting the proposed 0.4% Merchant Discount Rate (MDR) on specified UPI merchant transactions above Rs 2,000.The protest has been called by the All India Mobile Retailers Association (AIMRA),…

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Festive shopping to get costlier: ACs, TVs and other electrical appliances set for 8% price hike

Festive shopping to get costlier The festive cheer may come with a slightly heavier price tag this year.As shopping lists grow ahead of the peak season, air-conditioners, LED TVs, washing machines and other consumer appliances are set for another round of price hikes.Leading manufacturers are raising prices by 5-8% from October 1, citing higher costs…

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