Mid-day break… with EZ Wealth – September 9, 2021

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Mid-day break… with EZ Wealth – September 9, 2021

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”67544″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]-Automakers to get $3.5bn in government’s clean tech push

The central government will give about $3.5bn in incentives to auto companies over a 5 year period to boost the manufacturing and export of clean technology vehicles; focus is on companies that build electric and hydrogen fuel-powered vehicles; Tata motors is the largest seller of electric vehicles in India, followed by M&M

S&P: India’s economic growth to be strong in the coming quarters

The economy is expected to clock 9.5% growth in the current fiscal year, followed by 7% expansion in the following year, S&P said

New law for drugs, medical devices on anvil

Centre has formed a committee, headed by DCGI Head, VG Somani, to frame new laws for drugs and cosmetics, and medical devices and to replace the Drugs and Cosmetics Act that dates back to 1940; the act regulates the manufacture, distribution, sale and import of drugs, medical devices and cosmetics; the reason cited is that there is conflict of interest among the constituents of the act

Centre raises what MSP by 2% amid farm protest

Centre raised the MSP for rabi crops for the forthcoming market season beginning from March 2022 with the highest increased reserves for pulses and oilseeds; MSP for  Masur has been increased by 7.8% and that for Mustard by 8.6%

India’s edible oil imports seen at lowest in six years

India’s import of edible oil has contracted for the second straight quarter because of the coronavirus outbreak and demand squeezed by record prices

Sansera Engineering sets price band at 734-744 per share

Auto component maker Sansera Engineering’s IPO will open for public subscription on September 14 till September 16; the IPO is entirely offer for sale of 1.72 crore shares

Bitcoin crashses as El Salvador rollout falters

Volatility in bitcoin eased by trading remained subdued on Wednesday, a day after El Salvador adopted the crypto asset as legal tender but the threat off a US lawsuit against crypto exchange Coinbase Global underscored the rocky road ahead for cryptocurrencies[/vc_column_text][vc_column_text]

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