Economic Development
3 min read
96

L&T academy churns out tunnelling workforce 

January 26, 2025
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At Larsen & Toubro’s Tunnelling Excellence Academy (TEA) in Kancheepuram, Sekar (name changed), wearing goggles and a helmet, keenly observes his instructor describing the working of the massive tunnel boring machines (TBMs) used to drill underground metro rail corridors. He and the other trainees at the academy will soon join

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Economic Development
2 min read
82

PM Suryaghar, PM Kusum beneficiaries ambassadors of India’s RE journey: MNRE

January 26, 2025
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The Minister of New & Renewable Energy (MNRE) Pralhad Joshi on Saturday interacted with beneficiaries of PH Suryaghar and PM Kusum, exhorting them to become brand ambassadors of India’s renewable energy (RE) journey. The Minister met with 750 such special guests of the Ministry, who were invitees to the Republic Day

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Economic Development
2 min read
79

Southern Railway reports 5% increase in gross revenue in first 9 months of this fiscal

January 26, 2025
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Southern Railway in the last nine months of the current financial year earned a gross revenue of ₹9,170 crore, a 5 per cent increase from the same period previous year, RN Singh, General Manager, Southern Railway (SR), said. Delivering his Republic Day speech on Sunday, Singh said SR achieved a

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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
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
6 min read
159

Harnessing India’s seafood prowess: A blueprint for global seafood industry leadership

January 26, 2025
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Leveraging on its raw materials abundance, technological prowess, and increasing soft power, India stands poised to evolve from being a bulk commodity supplier to a global leader brand. India presents a compelling paradox in the global seafood industry. Ranking among the world’s top five seafood exporters, India recently achieved an

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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
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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