India infection reports Manufacturing India

Data wrap: Fed noises, Covid threat, NFT buzz

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Chasing Chips For at least the third time, India is attempting to attract chipmakers with a new policy initiative worth ₹76,000 crore to incentivize companies to set up semiconductor manufacturing and design facilities.

India was unable to build a semiconductor market due to infrastructure issues. Tata Group is reportedly seeking to establish two plants in Tamil Nadu. Omicron Threat The Omicron variant of coronavirus is spreading fast, and has put state governments on guard.

Countries in Europe and North America are reporting a massive surge in infections, and the variant could soon become the dominant one.

India’s numbers are still benign (236 cases across 16 states going by health ministry data on Thursday), but much caution is needed

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