Economic Development
2 min read
95

Axis Capital predicts EV penetration to surge in 3 years

January 26, 2025
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The electric vehicle (EV) penetration will increase in the next three years due to the introduction of more reliable models at competitive price points and the possible growth of the charging network, according to the Axis Capital report. “We believe the launch of more credible models at attractive price points

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Economic Development
4 min read
102

Two-wheelers not luxury, tax cut needed to spur demand: Honda Motorcycle and Scooter India

January 26, 2025
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Two-wheelers are a necessity and not luxury in the current Indian context and taxes on these vehicles must be reduced as the industry is staring at a single-digit growth next fiscal with affordability becoming an issue, according to a senior executive of Honda Motorcycle and Scooter India. There is also

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Economic Development
4 min read
90

How Budget 2025 can empower India’s agro-chemical sector and farmers

January 26, 2025
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With India making rapid strides on many fronts under the leadership of Prime Minister Narendra Modi, the agriculture sector is gaining greater significance, as has been evident from the past few Budgets. This progress, and the fact that this is the first full Budget of Modi 3.0, has heightened anticipation

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Economic Development
5 min read
89

Will take action to protect Indian steel industry from dumping; Engaging with Europe for fair trading environment : HD Kumaraswamy

January 26, 2025
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India could explore policy measures such as anti-dumping duties, safeguard measures apart from stricter quality control measures to curb rising imports, says HD Kumaraswamy, the Union Minister for Steel and Heavy Industries. Speeding up PLI investments towards driving speciality steel-making, tapping into new export markets to counter trade barriers being

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Economic Development
2 min read
75

CCPA imposes penalty on Vision IAS for misleading ad claim

January 25, 2025
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The Central Consumer Protection Authority (CCPA) has imposed penalty of ₹3 lakh on Vision IAS for misleading ad claim regarding result of UPSC CSE 2020, as part of a wider crackdown. In an official statement, it said that the decision was taken to protect rights of consumers and ensure that

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Economic Development
2 min read
76

Posthumous Padma awards conferred on Osamu Suzuki, Bibek Debroy, Sushil Kumar Modi

January 25, 2025
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On the eve of the country’s 76th Republic Day, the Centre announced the list of recipients for the Padma Awards 2025 comprising 7 Padma Vibhushan, 19 Padma Bhushan and 113 Padma Shri Awards. Padma Vibhushan awardees include Late Osamu Suzuki, former Chairman of Suzuki Motor Corporation; Duvvur Nageshwar Reddy from

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Economic Development
2 min read
71

‘One Nation One Election’ initiative can prevent policy paralysis: President Murmu

January 25, 2025
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President Droupadi Murmu has endorsed the ‘One Nation One Election’ initiative of the government and said it could prevent policy paralysis and reduce financial burden. “Another measure that promises to redefine the terms of good governance is the Bill introduced in Parliament to synchronise election schedules in the country. The

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Economic Development
3 min read
70

India-Indonesia forge ties: AMFI and AMII ink landmark MoU in investment management

January 25, 2025
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The Association of Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi Indonesia (AMII), the Indonesian Investment Managers Association, signed a Memorandum of Understanding (MoU) on Saturday to strengthen bilateral relations and enhance cooperation between the mutual fund industries of India and Indonesia. The MoU was signed and exchanged

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Economic Development
1 min read
80

Vizag-bound Air India Express flight returns to Bengaluru due to technical issue

January 25, 2025
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An Air India Express flight traveling from Bengaluru to Visakhapatnam on Saturday returned to the airport here due to a technical issue, airport officials said. The flight, which took off at 10 am, circled over Bengaluru before returning to the airport from where it had originally departed. Airport officials clarified

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Economic Development
3 min read
61

Campco expresses concern over unfair areca import practices, seeks strict regulations to curb them

January 25, 2025
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Expressing concerns over unfair arecanut import practices by some people, the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has urged the Government to implement stronger regulations to protect the interests of domestic growers. In a letter to the Union Commerce Minister, Piyush Goyal, the Campco President, A Kishore

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