India, US sign MoU for cooperation in cyber crime investigations
India and the US have signed an agreement to enhance cooperation in cybercrime investigations, per the Ministry of External Affairs. The Memorandum of Understanding (MoU) on cyber crime investigations will allow the respective agencies of the two countries to step up cooperation and training on use of cyber threat intelligence
India’s mobility market to double by 2030, driven by EVs and digital transformation
India’s mobility industry is poised to double and cross $600 Bn by 2030, according to the Think Mobility Report by Google and Boston Consulting Group (BCG). The report highlighted that growth in the sector will be driven by both traditional and emerging revenue pools, departing from global trends. It also
Bharat Mobility Global Expo 2025: Day 2 unveils exciting future mobility innovations from Hyundai, VinFast, BYD
The second day of Bharat Mobility Global Expo 2025 kicked off with some exciting unveiling of future mobility that would change the perception of electric vehicles (EVs) in personal ownership, and public transportation. The day started with the launch of two EVs — VF 7 and VF 6 — from
₹67 cr budgetary allocation likely to tackle issues related to diseases in areca plants
The Central government is likely to earmark ₹67 crore in the coming budget to implement the recommendations of the committee that studied issues arising from diseases in arecanut plantations. The Centre has asked the Karnataka government to earmark its share to tackle this issue. Addressing an arecanut growers’ meeting in
CCI slaps ₹40 lakh fine on Goldman Sachs for failure to notify investment in Biocon Biologics
The Competition Commission of India (CCI) has imposed a ₹40 lakh penalty on Goldman Sachs (India) Alternative Investment Management Private Limited (GS AIMPL) for failing to notify its investment in Biocon Biologics Limited (Biocon) under the Competition Act, 2002. The regulator found that Goldman Sachs’ acquisition of optionally convertible debentures
Government may introduce new income tax bill in Budget session
The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill which seeks to simplify the current I-T law, make it comprehensible and reduce the number of pages by about 60 per cent. Finance Minister Nirmala Sitharaman in her July Budget had announced
The double-edged sword: Accelerating agri-lending amidst slowing agri GVA
The Economic Survey for 2023-24 revealed a concerning reality: India’s agricultural sector, which contributes 17.7 per cent to the Gross Value Added (GVA), has been stagnating due to erratic weather patterns and uneven monsoon distribution. This highlights a troubling fact—agriculture is lagging behind in growth compared to the manufacturing and
Charting India’s agricultural future: Budget 2025
India’s agricultural sector, engaging roughly 45.8 per cent of the workforce, is central to the nation’s economic and social fabric. Despite employing nearly half of the workforce, it contributes only around 18% to GDP, underscoring productivity challenges and the need for modernisation. As the Union Budget 2025 nears, it presents
Potential maritime threats near East African countries persist: Rajnath
India’s economic prosperity is linked to maritime security and, therefore, it’s necessary to protect our territorial waters and ensure freedom of navigation, said Defence Minister Rajnath Singh. He was addressing senior Navy officers and other civilian staff on Friday during the celebration of the ‘Year of Naval Civilians’ here. In
AI, robotics to drive job growth in India: World Economic Forum’s Future of Jobs Report 2025
Increased digital access, geopolitical tensions and climate-mitigation efforts are the primary trends expected to shape the future of jobs in India by 2030, according to the World Economic Forum’s Future of Jobs Report 2025. “Similar to their global peers, companies operating in the country are heavily investing in AI, robotics