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
84

Import monitoring intensified, exploring countervailing and anti-dumping duties: HD Kumaraswamy

January 26, 2025
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India’s steel ministry has intensified monitoring of imports while there are talks of imposing countervailing and anti-dumping duties where necessary to protect domestic industry from Chinese offloading of the metal, including shipments routed through other FTA countries, HD Kumaraswamy, Union Minister for Steel and Heavy Industries told businessline. Donald Trump’s

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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
4 min read
120

Agtech emerging as a catalyst: Seeding India’s agricultural future

January 26, 2025
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The face of Indian agriculture is changing. Beyond the traditional image of farmers toiling in the fields, a technological revolution is taking root. Agritech is transforming the sector, which employs 158 million people and contributes 18.3 per cent to India’s GDP (2022-23), offering new solutions to ensure food security for

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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
3 min read
69

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
3 min read
70

India, Indonesia air connectivity gets a boost with a revised agreement

January 25, 2025
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Indian travellers will have more flight options for Bali as India and Indonesia have revised their air service agreement. While Indonesian carriers will get access to Bengaluru and Hyderabad, Indian airlines will be able to increase flights to Denpasar (Bali), Jakarta or launch new destinations in the country, it is

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Economic Development
2 min read
82

India’s electric car penetration to surge to 9 per cent by FY30: Nomura Report

January 25, 2025
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The penetration of electric cars in India is projected to rise significantly, reaching 9 per cent by FY30 from the current 2 per cent, according to a report by Nomura. This shift is part of the country’s broader transition toward sustainable and eco-friendly mobility solutions. The report highlighted that electric

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Economic Development
4 min read
52

Impact of Basmati price volatility in key international markets for Indian exporters

January 25, 2025
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One of the most integral parts of India’s agricultural exports, the global Basmati rice market often experiences price fluctuations. Since Basmati rice is cultivated in only India and Pakistan in the world, with the former producing the giant’s share of the total cultivation, price volatility leads to considerable implications on

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Economic Development
4 min read
56

Specially-designed Vande Bharat train completes trial run in Jammu and Kashmir

January 25, 2025
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Years of hard work and dedication, and some engineering marvels later, the dream of Kashmir’s rail connectivity finally came true as a specially-designed Vande Bharat Express train arrived here on Saturday, completing its trial run. The train, on its maiden trial run, arrived at the Srinagar station in the Nowgam

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