Business Standard

Saturday, December 21, 2024 | 05:18 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Top headlines: Rs 76k-cr scheme for semiconductors; RBI penalty on 2 banks

Business Standard brings you the top stories on Wednesday

Shortage of raw materials and unavailability of containers in August have lengthened lead times – the time taken between ordering a chip and its delivery.
Premium

BS Web Team
Cabinet approves Rs 76,000-cr PLI scheme for semiconductor manufacturing

The Union Cabinet on Wednesday approved a Rs 76,000 crore policy boost for semiconductor and display manufacturing ecosystem in the country in an bid to position India as a global hub for hi-tech production.

Announcing the decision of the Cabinet, IT and Telecom Minister Ashwini Vaishnaw observed that electronics plays an important role in everyday life, and semiconductor chips form a crucial part of electronics. Read more

Rupee plunges 40 paise to 20-month low against dollar on low risk appetite

The rupee plunged by 40 paise to a 20-month low level on Wednesday as

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in