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.