New Delhi, Aug 5 (IANS) India’s shift to electric vehicles is becoming a key economic driver, with EV sales rising 46-fold from about 50,000 units in 2016 to 2.3 million units in 2025 and the market is projected to grow to $191.04 billion by 2034 at a CAGR of 54.94 per cent, the government said on Wednesday.
New Delhi, Aug 5 (IANS) India is likely to continue outperforming most major global economies despite persistent global uncertainties, supported by strong domestic consumption and rising exports, HSBC Mutual Fund India Chief Executive Officer Kailash Kulkarni said on Wednesday.
New Delhi, Aug 5 (IANS) Social media platforms, including Meta, must comply with the law of the land, IT Ministry sources said on Wednesday, as a parliamentary panel asked Meta CEO Mark Zuckerberg to issue an "unqualified apology" within three days over the brief removal of Prime Minister Narendra Modi's Facebook post recently.
New Delhi, Aug 5 (IANS) India’s booming pre‑owned vehicle market presents a fast, practical opportunity to cut urban pollution for which the government must adopt a time‑bound national retrofit policy to convert in‑use petrol and diesel vehicles to Auto LPG, an industry body said on Wednesday.
New Delhi, Aug 5 (IANS) A Parliamentary Standing Committee on Wednesday took strong exception to the temporary removal of Prime Minister Narendra Modi's video from Facebook and has sought an apology from Meta CEO Mark Zuckerberg within three days.
New Delhi, Aug 5 (IANS) Industry bodies and economists broadly welcomed the Reserve Bank of India’s decision on Wednesday to keep the benchmark repo rate unchanged, saying the move should bolster business confidence.
New Delhi, Aug 5 (IANS) The Department of Posts in the Delhi Circle has set up special counters at 34 major post offices along with railway stations -- Delhi Railway Station and New Delhi Railway Station -- to facilitate timely delivery of Rakhi consignments, an official statement said on Wednesday.
Mumbai, Aug 5 (IANS) RBI Governor Sanjay Malhotra said on Wednesday there is no proposal to prematurely close the Foreign Currency Non-Resident (Bank), or FCNR (B), deposit incentive scheme.
New Delhi, Aug 5 (IANS) The Reserve Bank of India's decision to keep the policy repo rate unchanged at 5.25 per cent reflects a balanced approach to managing inflation risks while supporting economic growth amid global uncertainties, industry body PHD Chamber of Commerce and Industry (PHDCCI) said on Wednesday.
Mumbai, Aug 5 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said the central bank is targeting the introduction of polymer currency notes by FY28 with field trials currently underway to assess their performance before a broader rollout.
