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FINANCIAL SUBSIDIES
DERC tweaks regulation for EV charging infra expansion in Delhi, utilisation of PM E-DRIVE subsidyUnder the existing Delhi Electricity Regulatory Commission (Supply Code and Performance Standards) Regulations, demand notes for low-tensio...- From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
- Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
- Japan’s rush to India: The big story behind the Modi-Takaichi summitJapanese Prime Minister Sanae Takaichi's India visit comes as Japanese investments accelerate across banking, manufacturing, infrastructure...
- India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
- EPACK Durable gets Andhra Pradesh nod for Rs 1,084 crore investment under Electronics Manufacturing Policy 4.0EPACK Durable and its subsidiary will invest over Rs 1,000 crore in Andhra Pradesh to boost manufacturing of air conditioners, washing mach...
- Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...
- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
- Ola Electric, Ather Energy shares jump up to 11% as Delhi govt approves new EV policy. What to expect?Shares of Ola Electric and Ather Energy surged up to 11% after the Delhi Cabinet approved the EV Policy 2.0 with a Rs 15,000 crore outlay. ...
- Oil risks rise, but Moody's sees India holding firmMoody's Ratings believes India can manage a wider fiscal deficit this year without jeopardising its investment-grade credit rating. Despite...
- Himachal Pradesh to launch start-up bus scheme with up to 50% subsidy for youthHimachal Pradesh is launching Phase IV of the Rajiv Gandhi Swarozgar Start-up Yojana, empowering unemployed youth to run passenger buses. T...
- Delhi EV Policy 2.0 offers subsidies of up to Rs 50,000 on electric two- and three-wheelersA groundbreaking EV policy is set to roll out in Delhi, promising generous incentives of up to Rs 50,000 for electric two and three-wheeler...
- Govt to launch affordable cloud-based hospital management system for small clinics on Jun 29A new, affordable cloud-based Hospital Management Information System, e-Sushrut clinic, is set to launch for small healthcare facilities. D...
- World MSME Day: Global trade risks weigh on MSMEs; industry seeks competitiveness-focused reformsIndian MSMEs are urging a policy overhaul to boost global competitiveness, citing challenges from geopolitical shifts and supply chain disr...
- Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
- Increasing farmers' income is key to rural, state development: Tripura CM Manik SahaTripura Chief Minister Manik Saha highlighted the state government's commitment to boosting farmers' incomes, emphasizing the Pradhan Mantr...
- India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
- China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
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