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PM Modi to virtually participate in G7 outreach sessions on June 12, 13

This is the second time Modi will be participating in a G7 meeting.

India to make a pitch on various aspects of Covid-19 management at G7 meet

The G7 summit will be attended by Prime Minister Narendra Modi virtually

WTO panel to begin talks on patent waiver for coronavirus vaccines

A conclusion likely by July 21, when the General Council is scheduled to meet. Meanwhile, India will engage with all members via text negotiations

India's apparel industry expects robust external demand to drive growth

According to him, there is a pent-up demand for textiles and apparel, which was tepid a year ago owing to Covid-induced lockdowns

DPIIT issues guidelines on Rs 6,236 crore PLI scheme for white goods

The objective of the scheme is to create a complete component ecosystem in India and make the country an integral part of global supply chains

US will share a 'substantial' number of Covid-19 vaccine doses with India

Exact number yet to be frozen; first tranche of 25 mn shots earmarked from Asia, LatAm, Africa

In talks with Pfizer, Moderna, J&J to make vaccines in India: Foreign secy

India is looking forward to WHO's nod for vaccine manufactured by Bharat Biotech

Google tax: US imposes tariffs on India, but with six-month delay

Following the consultation, the USTR has decided to impose a tariff of up to 25 per cent ad valorem on aggregate level of trade on a slew of Indian products

Cabinet secy-led panel wants PLI scheme revamp to boost manufacturing

Suggests institutional mechanism, regular hand-holding for firms

India's May exports up 67% YoY at $32.21 bn; trade deficit at 8-month low

Performance signals recovery in external demand as shipment values were nearly 8% higher than May 2019 figures

Core sectors' output soars by 56.1% in April due to low base effect

But it is down 15% sequentially due to second wave

Suppliers may be fined 10% if they fail to meet local content needs

DPIIT is considering changes in the current procurement norms to further increase the minimum local content requirement in public procurement tenders

Covid-19 crisis: India pins hope on more vaccine supply from the US

The US government promised to stand with India as it continues to fight the resurgence of the pandemic

Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week

The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports.

Centre considers a revamp of stressed asset guarantee scheme for MSMEs

As of May 14, guarantees of only Rs 68.39 crore had been issued, benefiting 632 businesses, a senior government official told Business Standard

Exporters' profit margins under pressure even as demand picks up

Merchandise exports nearly trebled in April to $30.63 billion over the same period last year

Reaching consensus on Covid-19 vax patent waiver may take time: Experts

Developed nations opposed the proposal, though it received the support of three-fourths of member nations

Wholesale inflation soars to 10.49% in April on higher fuel prices

Prices of primary articles were up 10.16% in April from -1.08 per cent a year ago; little scope for rate cuts, say experts

Exports grew 93% to $51.79 billion in April on low base of last year

Services exports are estimated to have grown 28.68 per cent YoY to $21.17 billion in April

Supply chains for the vaccine manufacturers must be kept open: Piyush Goyal

Goyal and Tai discussed measures to increase vaccine availability in an inclusive and equitable manner to fight the pandemic