By LiveMint-Business
ONGC wants these global energy players to participate in its tender for the role of technical services provider.
The European Commission said the savings will come as India cuts or eliminates tariffs on 96.6 per cent of EU goods exports, sharply reducing levies across key sectors such as automobiles, machinery, chemicals, pharmaceuticals and agri-food products
Union minister Ashwini Vaishnaw announced Tata's Dholera fab will assist Indian chip startups with design tape-outs, aiming to enhance domestic semiconductor capabilities. India targets 3-nm chip production by 2032 and plans to boost funding and market access for startups under the DLI scheme.
The deal will reduce tariffs on pharmaceutical exports from Europe to India to zero from 11% for almost all products. This will also reduce input costs for specialized raw material that Indian firms import from Europe.
