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GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST Council in its 56th meeting last year had focussed on rate rationalisation and reduction of...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates from potential sharp corrections in AI-related asset valuations which pose contagion risks to global financial...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...

IFC invests $20 mn in Transvolt Mobility

The funding is part of Transvolt’s $50 million financing round aimed at expanding EV adoption and generating employment in India. The investment will support Transvolt...

NLC investment in arm gets Cabinet nod

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, granted special exemption from investment restrictions—including the 30% net worth cap imposed...

E-car penetration seen at 7% by FY28

The report highlights the rapid progress of India’s EV ecosystem, with electric car sales rising nearly 21-fold—from just over 5,000 units in FY21 to...

Kia drives in its first India-built EV

Gwanggu Lee, Managing Director and CEO of Kia India, stated that the Carens Clavis EV represents the next step in the company’s EV journey....

Tesla arrives in India finally

The Mumbai showroom was inaugurated by Maharashtra Deputy Chief Minister Devendra Fadnavis. The event also showcased Tesla’s future roadmap, with the company confirming plans...

Big warranty push for Tata e-cars

The new warranty covers unlimited kilometres and is being extended to both new and existing first-time owners. This announcement follows the successful introduction of the...

VinFast in service pact with RoadGrid

VinFast Auto India, the Indian arm of of Vietnamese electric vehicle (EV) manufacturer VinFast, has announced a service partnership with RoadGrid, a company engaged...

GMM Pfaudler to buy SEMCO for $18.5 m

The deal is expected to close in the second quarter of FY26. The transaction will be financed through internal accruals and debt, the company...

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GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while...

Rate Cuts are off the table: RBI Governor

The Monetary Policy Committee (MPC) of RBI on Wednesday...

Rising inflation leaves little option for RBI

With central banks across the globe hiking the interest...