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PM E-DRIVE scheme with ₹10,900 crore outlay announced for electric vehicles

Prime Minister Narendra Modi-led central government has notified a new scheme aimed at boosting the…

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Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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3 mins read

Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars

India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…

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Government extends EV subsidy scheme till September 30, increases outlay

The Electric Mobility Promotion Scheme 2024 (EMPS 2024) was launched by the Ministry on March 13, 2…

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Electric two-wheeler sales cross the 1 lakh mark after four months, Ola Electric leads the market

The Indian electric two-wheeler market is finally recovering after months of subdued sales after th…

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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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As PMAY receives a massive boost in Budget 2024, how can you sign up for the affordable housing scheme?

The Union Budget 2024 significantly increased funds for PMAY, targeting affordable housing for econ…

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Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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3 mins read

Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…

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Production Linked Incentive scheme for drones to kickstart industry, not permanent subsidy: Piyush Goyal

The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for t…

ANI   


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India disagrees on WTO Chief's stance to include climate change in trade talks at ongoing Ministerial Conference

Many factors such as droughts and floods can incur a noticeable toll on supply chains worldwide, es…

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India could lose a quarter of its economy by 2070 – here’s why

India faces significant risks from climate change, including sea-level rise, extreme heat, and seve…

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India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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Public food stockholding: India urges WTO members to start text-based talks

India has urged WTO members to start text-based negotiations from this month on finding a permanent…

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India’s electric two-wheelers up and running after reduced FAME subsidy bump

The electric two-wheeler sales have finally bounced back after the reduction in subsidy came into e…

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Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies

The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that…

ANI   


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Unpaid subsidies worth ₹1,200 crore leading to ‘serious liquidity crisis’ among EV makers, says industry body

Electric vehicles (EVs) have become quite popular in India over the past few years, with traditiona…

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2 mins read

Few Indians are giving up on tomatoes despite red hot prices, subsidies aren’t helping much, shows survey

While tomato prices have gone as high as ₹200/kilogram in North India, the rest of the country too …

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Automobile industry hails PM e-DRIVE scheme to promote EVs

Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for In…

ANI   


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Urea import dependency in India to fall to 10-15% from 30% in near term: Crisil

India's urea industry, contributing to a significant portion of chemical fertiliser demand, has tak…

ANI