INDIA on Friday (15) implemented a reduction in import tariffs for specific electric vehicles (EVs) manufactured by companies that pledge to invest a minimum of $500 million (£393 million) and commence domestic production within three years, a move that supports Tesla's aspirations for the Indian market. The policy adjustment stands…
HERE are news in brief on Indian economy and business for Friday, March 15, 2024: The Indian railways ministry on Friday said it is on track to register its best-ever performance in terms of freight loading, overall revenue collection and track laying in the 2023-24 financial year. In a statement,…
THE Indian government on Friday (15) objected to the United States' "will closely monitor" statement on its implementation of the contentious Citizenship Amendment Act (CAA) that looks to grant Indian citizenship to persecuted non-Muslim minorities of three Muslim-majority nations of Pakistan, Afghanistan and Bangladesh who entered in India on or…
THE international cricket community could see a re-run of the Asia Cup 2023 drama during the Champions Trophy tournament early 2025 since India is least likely to send its team to Pakistan which is set to host the competition. In that case, a 'hybrid model' could be seen coming into…
THE International Monetary Fund (IMF) has expressed displeasure over claims made by cash-strapped Pakistan that it had achieved all structural benchmarks and quantitative and indicative targets even before the global lender scrutinised and completed the review. A team from the IMF has reached Islamabad to hold discussions with Pakistani representatives…
SUDHA MURTY, an eminent Indian author, educator, philanthropist and mother-in-law of British prime minister Rishi Sunak, on Thursday (14) took oath as a member of the Indian parliament in New Delhi in the presence of Indian vice president Jagdeep Dhankhar. The event was also attended by Sudha's husband Narayana Murthy,…
INDIA'S election commission on Thursday (14) revealed data it has received from the State Bank of India, India's largest public sector bank, on electoral bonds that allowed individuals and companies to make donations to the country's political parties. Donations made under the bonds scheme allowed people and firms to keep…
THE much-awaited schedule for the 2024 general elections in India will be announced on Saturday (16) at 3 pm local time, the Election Commission of India confirmed on Friday (15). In a brief post made on X, the commission said that besides the national polls, dates for four state elections,…
DATES for the 2024 general elections in India have still not been announced but some form of voting was already visible in the southern Indian state of Kerala on Thursday (15). There is no scheduled local election in the state either. Then what was this polling for. It was actually…
FROM steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations in India. The Election Commission of India on Thursday (14)…