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Conditional Approval for Vaccine Delivery by Drones

Conditional Approval for Vaccine Delivery by Drones

The Central Government is providing an exemption for experimental drone flights for vaccine delivery to enhance the scope of their usage in the country and assist the nation in its fight against the Covid-19 pandemic. The Ministry of Civil Aviation (MoCA) and Directorate General of Civil Aviation (DGCA) have already granted a conditional exemption to...

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EPC Industry is Calibrating to a New Normal

EPC Industry is Calibrating to a New Normal

Immense opportunities for growth will emerge in 2021 for the EPC industry globally and India, predicts AK Tyagi, Chairman & Managing Director of one of the leading homegrown players in project engineering and turnkey contracting, Nuberg Engineering. As part of its efforts to enhance its offerings in green products manufacturing, the Noida-based company is presently...

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Strengthening Balance Sheets Could Spur Future Growth

Strengthening Balance Sheets Could Spur Future Growth

The Indian primary steel industry has witnessed a sharp reboundfrom the second half of fiscal 2021despite the challenges posed by the Covid-19 pandemic. While the pandemic-related risks persist, sector analysts at CRISIL Ratingsbelievegrowth momentum for the steel industry could sustain in FY2022. This would help steel makers fortify balance sheets even as they continue to...

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China Powers Spiralling Steel Prices

China Powers Spiralling Steel Prices

Domestic steel prices have witnessedan unprecedented rise from the second half of FY2021.The economic support measures unveiled by various countries will keep the demand for steel high. The near absence from the world export market and a higher import by China are among the major factors keeping steel prices at elevated levels. Continued higher demand...

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Government Issues Liberalised Guidelines for BPO & ITES Sectors

Government Issues Liberalised Guidelines for BPO & ITES Sectors

With an eye on qualitatively improving the ease of doing business of the IT industry, particularly the business process outsourcing (BPO) and IT-enabled services (ITES) segments, the Central Government has drastically simplified the other service provider (OSP) guidelines of the Department of Telecom.