Moody’s affirms India’s Baa3 rating with stable outlook

IANS | September 29, 2025 3:40 PM

New Delhi, Sep 29 (IANS) Moody's Ratings on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at Baa3. The global ratings agency has also maintained its outlook for India as stable.

PM E-DRIVE: Centre rolls out Rs 2,000 crore subsidy scheme for EV charging stations

IANS | September 29, 2025 2:11 PM

New Delhi, Sep 29 (IANS) The Ministry of Heavy Industries (MHI) has issued operational guidelines which earmark an outlay of Rs 2,000 crore for offering subsidies of up to 100 per cent for setting up public charging stations for electric vehicles in cities and across highways under the Rs 10,900 crore PM E-DRIVE scheme.

Auto components, FMCG, defence among 9 sectors set to benefit from festive demand

IANS | September 29, 2025 1:59 PM

New Delhi, Sep 29 (IANS) India’s navratri economy is gaining momentum with strong festive tailwinds as e-commerce sales are projected at Rs 1.2 lakh crore -- with UPI volumes crossing 20 billion transactions in August, and MSME festive credit demand is set to rise 35–40 per cent to Rs 3.45 lakh crore, a report said on Monday.

India-EFTA trade pact set to become operational on Oct 1

IANS | September 29, 2025 1:30 PM

New Delhi, Sep 29 (IANS) The India-European Free Trade Association's (EFTA) Trade and Economic Partnership Agreement (TEPA) will officially become operational on October 1, with the four-nation bloc comprising Switzerland, Norway, Iceland and Liechtenstein.