Day: July 6, 2019

Relaxed Local Sourcing Norms for Single Brand Retail Will Boost Economy, Experts Say

July 6, 2019

The government’s decision to relax local sourcing norms for foreign direct investment (FDI) in single brand retail trading would not in anyway upset the equilibrium of the organic retail and would add to our economy, industry experts said on Friday. In a boost for companies like Apple, Finance Minister Nirmala Sitharaman on Friday announced to […]

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Budget 2019: New Space India Limited (NSIL), New Commercial Arm of ISRO, Announced

July 6, 2019

With the setting up of a new commercial arm-New Space India Limited (NSIL)- the Indian space agency will now be able to produce fast its new rocket Small Satellite Launch Vehicle (SSLV) and commercialise its other technologies. Delivering her maiden budget speech on Friday, Union Finance Minister Nirmala Sitharaman said: “India is now a major […]

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