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Saturday, April 26, 2025

Government unveils Rs 23,000-crore electronics components manufacturing scheme to boost domestic production

The government has launched the Electronics Components Manufacturing Scheme (ECMS) with a budget of Rs 23,000 crore to enhance domestic electronics production. The scheme prioritizes firms with strong local design capabilities and quality standards. It aims to increase India's global electronics manufacturing share to 8 per cent and attract significant investments, creating numerous jobs and boosting production value.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IMSvwWR

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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchange...