![Cut import duty on smartphone components in Budget, Govt told](https://www.dailypioneer.com/uploads/2024/story/images/big/R600_cut-import-duty-on-smartphone-components-in-budget--govt-told-2024-07-23.jpg)
Cut import duty on smartphone components in Budget, Govt told
Economic think tank GTRI on Monday urged the Government to cut import duty on smartphone components in the Budget as it could lead to an increase in superficial assembly plants that rely heavily on imported parts. Finance Minister Nirmala Sitharaman will present the Union Budget for 2024-25 tomorrow. The Global Trade Research...
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Rupee rises three paise to close at 83.67 against US dollar
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![Wipro shares tank nearly 9 pc after earnings announcement](https://www.dailypioneer.com/uploads/2024/story/images/medium/R300_wipro-shares-tank-nearly-9-pc-after-earnings-announcement-2024-07-22.jpg)
Wipro shares tank nearly 9 pc after earnings announcement
Shares of IT major Wipro tumbled nearly 9 per cent in morning trade on Monday after the company gave a flat sequential growth guidance. The stock tanked 8.79 per cent to Rs 508.25 on the BSE. At the NSE, it tumbled 8.79 per cent to Rs 508.20 apiece. The stock emerged as the...
![GCPL invests over Rs 1,000 crore on advertising in FY24](https://www.dailypioneer.com/uploads/2024/story/images/medium/R300_gcpl-invests-over-rs-1-000-crore-on-advertising-in-fy24-2024-07-22.jpg)
GCPL invests over Rs 1,000 crore on advertising in FY24
FMCG major Godrej Consumer's advertising investment shot up by 47 per cent to Rs 1,011 crore in FY24 in the domestic market, even as it has reduced SKUs by around 30 per cent through a rationalisation process. Godrej Consumer Products Ltd (GCPL), which aims for double-digit volume growth, is spending more...
AMD leverages AI to shape next-gen computing experience
Chip maker AMD is looking to position itself as a key player in AI-enhanced personal computers (AIPCs) through strategic innovations on the hardware side to cater to powerful new-age applications, a top company official said. It is taking a holistic approach by integrating technology across CPUs, GPUs, and NPUs, creating a...
Robust policy needed for sustainable growth in oilseed cultivation: NITI Ayog member
Emphasising the potential of fallow lands in Eastern India for oilseed cultivation, despite challenges such as the GM mustard case and fluctuating global prices, Niti Aayog member Prof. Ramesh Chand has favoured a robust policy framework to support sustainable sectoral growth. He was sharing his views at the IVPA Global Round...
Airbus shortlists 8 sites for H125 helicopter final Assembly line in India
European major Airbus has shortlisted eight sites in India for setting up its final assembly line for H125 helicopters and the ground-breaking ceremony for the facility is expected later this year. The facility, which will be the fourth Final Assembly Line (FAL) for the single engine H125, will initially produce up...
Hero MotoCorp plans to roll out affordable EVs this fiscal
Eyeing leadership in the electric two-wheeler segment, Hero MotoCorp is looking to roll out affordable models in the current fiscal, according to CEO Niranjan Gupta. The country's largest two-wheeler maker is also hopeful of the debut of its electric range in the international markets. Addressing shareholders in the company's Annual Report for...
Assocham: Affordable housing, infra growth, boost to manufacturing likely to be Budget focus
Greater focus on green mobility, affordable housing, holistic infrastructure development and a big push to manufacturing, along with boosting consumption demand, are expected to find prominence in the forthcoming Union Budget, said an Assocham-Primus paper. Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday in Parliament. Highlighting that the first...