Persistent underrepresentation of Indian firms in global innovation rankings reflects a missing industrial policy focus on Schumpeterian creative destruction, without which India risks being confined to low-value segments of GVCs. In the 2000s, China recognised that technological dependence was a strategic liability because it relied on US chips, Western operating systems and telecom infra. This… Continue reading With the pvt sector indifferent to R&D, India risks missing the deep-tech bus, or getting locked out
Author: Economic Times of India Online News
Big blow: SC rejects JSW Steel’s Bhushan Power and Steel resolution plan
In a big setback, the Supreme Court on Friday rejected JSW Steel‘s resolution plan for Bhushan Power and Steel, and further ordered ordered the liquidation of the steelmaker. The top court said that the resolution plan of JSW was illegal and should not have been accepted by committee of creditors. During the hearing, the apex… Continue reading Big blow: SC rejects JSW Steel’s Bhushan Power and Steel resolution plan
Nifty Auto index advances 0.49% in an upbeat market
Benchmark NSE Nifty50 index was up 72.05 points at 24406.25, while the BSE Sensex was up 433.95 points at 80676.19. The Nifty Auto index traded positive around 11:21AM(IST)on Friday in an upbeat market. Maruti Suzuki India Ltd.(up 2.24 per cent), Exide Industries Ltd.(up 2.0 per cent), Tata Motors Ltd.(up 1.6 per cent), TVS Motor Company… Continue reading Nifty Auto index advances 0.49% in an upbeat market
House votes to block California plan to ban new gas-powered cars in 2035
Newsom called the votes “lawless” and added, “Our vehicles program helps clean the air for all Californians, and we’ll continue defending it.” The House on Thursday voted to bar California from imposing its landmark ban on the sale of new gasoline-powered vehicles by 2035, the first step in an effort by the Republican majority to… Continue reading House votes to block California plan to ban new gas-powered cars in 2035
GST collections rise 12.6% to an all-time high of ₹2.37 lakh crore in April
India’s goods and services tax collections surged by 12.6 per cent to an all-time high of ₹2.37 lakh crore during April, according to government data. For the previous month, India’s indirect tax collections increased by 9.9 per cent YoY to ₹1.96 lakh crore crore during March. The GST mop-up was ₹2.10 lakh crore in April… Continue reading GST collections rise 12.6% to an all-time high of ₹2.37 lakh crore in April
Tata Motors sales dip 7% to 70,963 units in April
Updated On May 1, 2025 at 05:45 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Tata Motors reported 5 per cent YoY dip in its passenger vehicle (PV) sales with 45,532 units in April 2025, compared to 47,983 units sold in 2024. Tata Motors has recorded a downfall across segments in… Continue reading Tata Motors sales dip 7% to 70,963 units in April
OPG Mobility appoints Ajay Dhiman as President – COO & CTO to lead EV and components biz expansion
His appointment is aimed at supporting OPG Mobility’s plans to grow its EV and components business in the domestic market, the company said in a media release. OPG Mobility, formerly known as Okaya EV, has appointed Ajay Dhiman as President – Chief Operating Officer (COO) and Chief Technology Officer (CTO) to head its Electric Vehicle… Continue reading OPG Mobility appoints Ajay Dhiman as President – COO & CTO to lead EV and components biz expansion
ATM fees, vehicle taxes set to rise from today
A 5% lifetime tax will be levied on commercial vehicles priced below Rs.10 lakh from Thursday too. This replaces the earlier system, where owners paid a quarterly tax of Rs.400 per seat. Starting Thursday, ATM transaction fees will rise to Rs.23 for withdrawals beyond the free limit, while commercial vehicles under Rs.10 lakh will incur… Continue reading ATM fees, vehicle taxes set to rise from today
Maharashtra policy on EVs will position state as national leader in sustainable mobility: Tata Motors
The focus on expanding charging infrastructure across key urban centres and highways, in the policy, directly addresses accessibility — one of the main challenges to EV adoption, he said. Maharashtra government‘s new policy on electric vehicles positions the state as a national leader in sustainable mobility, Tata Motors said on Wednesday. The Maharashtra cabinet on… Continue reading Maharashtra policy on EVs will position state as national leader in sustainable mobility: Tata Motors
Metals range-bound as trade tensions soften; US data in focus
The most-traded copper contract on the Shanghai Futures Exchange (SHFE) was flat at 77,570 yuan ($10,671.34) per ton. London metals moved in a tight range on Wednesday as trade tensions between the U.S. and China showed signs of easing, while investors awaited U.S. economic data to gauge the Federal Reserve’s monetary policy outlook. Benchmark copper… Continue reading Metals range-bound as trade tensions soften; US data in focus