With Covid cases & lockdown norms not letting diamond units work in full capacity, $24 bn industry is looking forward to Diwali season hoping for demand to pick up.
Guidelines for Unlock 3, which will kick in from 1 August, say metro, cinema halls, swimming pools, theatres and bars will continue to remain shut. Schools & colleges to stay shut until 31 August.
The labour crisis after the lockdown has highlighted the need for Modi government to invest in human capital for ensuring long-term sustainable growth.
PM Modi asks states & UTs to boost infrastructure and construction work, but cautions them to remain alert to tackle challenges faced by migrant labourers.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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