An empowered committee headed by NITI Aayog CEO on Tuesday approved two beneficiaries, Foxconn India and Padget Electronics, under the production-linked incentive scheme (PLI) for large-scale electronics manufacturing.

The rupee has depreciated over 10 percent against the US Dollar this year so far, only second to the Japanese Yen, which has declined over 15 percent.

CNBC-TV18 has learnt that the bill on the Development of Enterprise and Service Hubs or the DESH bill may not be tabled in the winter session of the parliament due to the differences between finance ministry and commerce ministry over tax concessions.

The second edition of the CII Global Economic Policy Summit, scheduled on December 8-9, 2022 in New Delhi, with a theme - Economic Policy for a Future Ready Economy - wherein Uday Kotak, Chairman of CII Global Economic Policy Summit; Former President of CII and MD and CEO of Kotak Mahindra Bank; Sanjiv Bajaj, President of CII and CMD of Bajaj Finserv, Sanjiv Puri, Vice President of CII and CMD of ITC, Baba Kalyani, CMD of Bharat Forge and Janmejaya Sinha, Chairman-India, Boston Consulting Group India - think tanks from government and industry spoke at length about finding solutions for global economic challenges from a future readiness perspective.