Read daily news briefs on the economic issues collected from different sources.
According to the counterpoint research even without the performance-linked incentives (PLI) which aims to encourage local players to become exporters, Chinese smartphone manufacturers are leading in exporting made-in-India smartphones. [BL]
According to the Accidental Deaths & Suicides in India (2021) data by NCRB, family worries trigger 32% of suicides in India where marriages related factors pushed more women to commit suicide while overall male victims outnumbered the females. [BL]
Adani Group is in plans to infuse Rs.20,000 crore into Ambuja Cements and its listed subsidiary ACC. Gautam Adani’s son Karan Adani will chair the board of ACC. [ET]
Editors:
Alok Aditya (Junior Research Fellow at ISEC)
Anuradha (Research Assistant at ADRI)
Note: BL – Business Line, BS – Business Standard, FE – Financial Express, ET – Economic Times