Latest news with #DPE
Economic Times
a day ago
- Business
- Economic Times
Parliamentary Panel for reset of export strategy
Synopsis A parliamentary panel suggests recalibrating India's export strategy by enhancing manufacturing competitiveness and diversifying markets to counter global economic headwinds. The panel urges expanding production-linked incentives to high-tech and green manufacturing. Additionally, the government is urged to expedite CPSE privatization and aim for 8% economic growth with increased investment. Getty Images New Delhi: The Parliamentary Standing Committee on Finance has suggested a "recalibration of India's export strategy" with a heightened focus on manufacturing competitiveness and greater market diversification to beat the impact of external headwinds. To realise this, the government needs to expand support for production linked incentive schemes into high-technology and green manufacturing, where India has the potential to gain a strategic edge, the panel said in a report titled 'Roadmap for Indian Economic Growth In Light Of Global Economic and Geopolitical Circumstances', which was submitted with the Lok Sabha Tuesday. The US has levied a 50% tariff on most Indian goods, which, some analysts said, can potentially shave 0.3-0.8 percentage point off Indian growth if it persists. India, the panel said, needs to pursue new bilateral and regional trade pact to reduce reliance on a few markets and mitigate tariff panel advised regulators to be wary of the influence of foreign investors and their potential impact on market volatility, while lauding the government's efforts to attract foreign capital. It recommended that domestic economic resilience be prioritised and regulators need to continue streamlining regulations. CPSE listing, privatisation In a submission, the finance ministry told the panel that the Department of Public Enterprises (DPE) has been asked to identify central public sector enterprises (CPSEs) for closure or privatisation in the non-strategic sector, in consultation with relevant ministries. The DPE will then get in-principle nod from the Cabinet Committee on Economic Affairs to move with any such plan. The panel called on the government to expedite the ministry also said the economy must ideally grow around 8% at least for a decade, for which the investment rate must rise to 35% of GDP from the current 31%.
Time of India
a day ago
- Business
- Time of India
Parliamentary Panel for reset of export strategy
New Delhi: The Parliamentary Standing Committee on Finance has suggested a "recalibration of India's export strategy" with a heightened focus on manufacturing competitiveness and greater market diversification to beat the impact of external headwinds. To realise this, the government needs to expand support for production linked incentive schemes into high-technology and green manufacturing, where India has the potential to gain a strategic edge, the panel said in a report titled 'Roadmap for Indian Economic Growth In Light Of Global Economic and Geopolitical Circumstances', which was submitted with the Lok Sabha Tuesday. The US has levied a 50% tariff on most Indian goods, which, some analysts said, can potentially shave 0.3-0.8 percentage point off Indian growth if it persists. India, the panel said, needs to pursue new bilateral and regional trade pact to reduce reliance on a few markets and mitigate tariff risks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now The panel advised regulators to be wary of the influence of foreign investors and their potential impact on market volatility, while lauding the government's efforts to attract foreign capital. It recommended that domestic economic resilience be prioritised and regulators need to continue streamlining regulations. CPSE listing, privatisation Live Events In a submission, the finance ministry told the panel that the Department of Public Enterprises (DPE) has been asked to identify central public sector enterprises (CPSEs) for closure or privatisation in the non-strategic sector, in consultation with relevant ministries. The DPE will then get in-principle nod from the Cabinet Committee on Economic Affairs to move with any such plan. The panel called on the government to expedite the process. The ministry also said the economy must ideally grow around 8% at least for a decade, for which the investment rate must rise to 35% of GDP from the current 31%.
Forbes
07-08-2025
- Sport
- Forbes
Indiana Pacers Get Disabled Player Exception Without Tyrese Haliburton
Indiana Pacers guard Tyrese Haliburton (0) shoots against Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) during Game 7 of the NBA Finals basketball series Sunday, June 22, 2025, in Oklahoma City. (Matthew Stockman/Pool Photo via AP) Associated Press INDIANAPOLIS – The Indiana Pacers have another tool at their disposal as they have been granted a Disabled Player Exception (DPE) for the 2025-26 season. The Pacers applied for the exception because they are over the salary cap and star guard Tyrese Haliburton tore his Achilles, meaning he will miss the entirety of the 2025-26 season. Pacers general manager Chad Buchanan confirmed that Indiana applied for, and were given, the DPE during an appearance on the Setting The Pace podcast late last month. 'We've applied for that and been granted that exception,' he said. 'Whether we use it or not, it depends. Using the full exception would put us in the luxury tax.' Buchanan added that the team isn't opposed to crossing the luxury tax barrier, though it would take a home run transaction for them to consider it in their current reality. Adding another point guard is something the team could look at if they bring in another player. Those notes are all secondary to the fact that the Pacers have another salary cap tool at their disposal. They were granted two much smaller DPEs last season, too, after both James Wiseman and Isaiah Jackson tore their Achilles early in the 2024-25 campaign. A DPE is given to a team when one of their players is said to be out for a full season. According to the NBA's collective bargaining agreement, the exact language is that a player 'would be unable to play through the following June 15,' for the specific criteria. If so, they are designated as out for the year – and an NBA-assigned physician has the final say. If granted, a DPE allows teams – in this case, the Pacers – to effectively bring in a player as a stand-in for their out-of-commission player. The additional talent can be acquired in any manner, so the Pacers have a new tool to sign someone, make a trade, or claim someone off of waivers. DPEs permit adding a player with a starting salary that maxes out at the lesser of 50% of the salary of the player they are replacing or the Non-Taxpayer Mid-Level Salary Exception (NTMLE). For Indiana in this case, half of Haliburton's salary is about $22.8 million, and the NTMLE is worth $14.1 million this season. The latter number is smaller, so the Pacers DPE in this instance is for $14.1 million. OKLAHOMA CITY, OKLAHOMA - JUNE 22: Tyrese Haliburton #0 of the Indiana Pacers warms up before playing the Oklahoma City Thunder in Game Seven of the 2025 NBA Finals at Paycom Center on June 22, 2025 in Oklahoma City, Oklahoma. (Photo by) Getty Images Any player acquired by the Pacers using the DPE must be in the final year of their player contract, including options. If the front office makes a signing/waiver claim using the exception, for example, the player would have to be on a deal with one year left at a maximum value of $14.1 million. In a trade, the blue and gold could bring in a player via the exception that is on an expiring deal and makes the amount of the NTMLE (+100k, in the case of trades) or less during the 2025-26 season. As things stand, the Pacers are about $6.1 million under the luxury tax threshold, so any addition making more than that salary is likely a non-starter for the franchise. The Pacers DPE will expire when used or if it goes unused by March 10, 2026. If someone is signed and then Haliburton is still able to miraculously return from injury during the coming season, then Indiana is lucky and gets to keep both players for the remainder of the campaign. That's exceedingly unlikely, though, and Haliburton still counts for the Pacers team salary numbers for the full season. It's a damaging injury on the court more than anything, of course. But it also significantly impacts the Pacers spending this season. Salary cap exceptions cannot be combined in the NBA, so the DPE can't be aggregated with another salary or exception in a trade. $14.1 million is the most value the Pacers can extract from the DPE granted due to Haliburton's absence. Perhaps the team looks to bring in another guard to add depth at Haliburton's position. Maybe the DPE goes unused until the trade deadline and is instead treated as a tool to make an imbalanced trade – or simply generate a trade exception in a balanced deal. It might go through the season without any function due to the Pacers proximity to the tax line. But having the exception is preferred to not, and Indiana now has another team-building tool to help them manage a season without their star point guard.
Yahoo
28-07-2025
- Sport
- Yahoo
Pacers GM reveals Tyrese Haliburton injury relief to help roster
The post Pacers GM reveals Tyrese Haliburton injury relief to help roster appeared first on ClutchPoints. The Indiana Pacers are bracing for a difficult 2025–26 season following the loss of franchise cornerstone Tyrese Haliburton, who suffered a torn Achilles just seven minutes into Game 7 of the NBA Finals. The devastating injury will sideline Haliburton for the entire year, putting Indiana's championship window on pause, possibly indefinitely. While there's no replacing Haliburton, Pacers general manager Chad Buchanan confirmed this week on the Setting the Pace podcast that the team has been granted a disabled player exception (DPE) worth $14.1 million. The DPE provides some flexibility. It allows the Pacers to acquire a player on an expiring contract via trade, waivers, or free agency. But only for a single season. 'We've applied for that and been granted that exception, so I don't know if I'm breaking news there for you guys,' Buchanan said when asked by co-host Alex Golden about the possibility of the team applying for a DPE. 'Whether we use it or not depends. Using the full exception would put us into the luxury tax, which we're not opposed to if it's the right player.' Indiana's front office isn't rushing to spend the exception. Given that using the full amount would push the team into the luxury tax, a threshold they avoided by not re-signing Myles Turner. But with only two reliable point guards on the roster in Andrew Nembhard and veteran T.J. McConnell, another addition at that position remains a real possibility. The Pacers will have options at point guard Rookie Kam Jones, a scoring combo guard from Marquette, and two-way players RayJ Dennis and Quenton Jackson offer potential. But neither project as an immediate Haliburton replacement. Buchanan emphasized confidence in the coaching staff's ability to develop young talent, while keeping the door open for roster upgrades. 'People will say this is a gap year for the Pacers,' the Pacers general manager said. 'We don't view it that way. That's never been how we've operated. We go out there to try to compete to win every season. There are certain seasons when circumstances make it difficult. I'm not saying that's what this year is because I think we have a very good core group of guys returning who want to win and had a great experience last year.' The Pacers still have their full non-taxpayer mid-level exception available. Both are other tools to help them stay competitive without Haliburton. Whether Indiana ultimately uses the DPE or not, its mere existence gives the team one more lever to pull as it works to remain relevant in a suddenly uncertain season. Related: Thunder's Isaiah Hartenstein reveals difference between facing Pacers, Nuggets in playoffs Related: Tyrese Haliburton breaks down Thunder's Shai Gilgeous-Alexander path to becoming MVP
United News of India
19-07-2025
- Business
- United News of India
DPE organised a workshop for adoption of Industry 4.0 in CPSEs
New Delhi, July 19 (UNI) Department of Public Enterprises (DPE), Ministry of Finance, Government of India organized a day-long workshop on Industry 4.0 here. This event was intended to bolster smart manufacturing and innovation. Guests from different domains, including policymakers, experts from Central Public Sector Expertise (CPSE), exchanged their insights on the key ongoing trends of Industry 4.0 technologies, including sectors like Energy, Power, Construction, Infrastructure, Telecom & Services. In his inaugural address yesterday, K. Moses Chalai ( Secretary, Department of Public Enterprises) stressed the importance of General Purpose Technologies or GPT in embracing the fourth industrial revolution as a national mission. Moses urges all CPSEs to integrate advanced technologies, including Artificial Intelligence (AI), Internet of Things (IoT), Digital Twins, 3D Printing, and 5G-enabled infrastructure. Expert presentations at the sessions started by A. Anand (Deployment Expert) by sharing his extensive experience in the domain of Digital Designing, Reverse Engineering, and 3D printing across different industries. This workshop has active participation from CMDs or the Director of leading CPSEs. Concluding the workshop, DPE showed its commitment towards supporting CPSEs in leveraging Industry 4.0. This event highlighted a significant move towards integrating technology across the CPSE ecosystem. UNI SAS BM
