India’s fast growth is being quietly driven by its expanding road network. Highways and expressways aren’t just paths from one place to another, they connect the country, boost trade, and open up new opportunities across cities, towns, and villages. A backbone for growthIndia’s highways and expressways have grown like never in the past ten years.… Continue reading Expressways and highways: How they are transforming India’s economic landscape
Author: Economic Times of India Online News
India-UK FTA: JLR, Diageo among winners of model trade deal
Highlights India has agreed to slash tariffs on United Kingdom-made cars and whiskey as part of a comprehensive trade agreement, making it cheaper for UK companies to sell a variety of goods in India. The deal will reduce whiskey and gin tariffs from 150 per cent to 75 per cent, eventually settling at 40 per… Continue reading India-UK FTA: JLR, Diageo among winners of model trade deal
Trump keeps 10% tariffs on UK but cuts taxes on British autos, steel and aluminum with trade deal
“Right now, you can’t get any higher,” Trump said. “It’s at 145, so we know it’s coming down.” President Donald Trump agreed Thursday to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favorable terms on his import taxes, which are… Continue reading Trump keeps 10% tariffs on UK but cuts taxes on British autos, steel and aluminum with trade deal
NITI Aayog to outline green transition path, investment needs across power, transport, industry, construction
The Niti Aayog will soon firm up policy interventions as well as investments needed across key sectors of power, transport, industry and building and construction to help India in green energy transition and meet the national net-zero commitment by 2070. It is assessing India’s requirement for technology upgradation and financial investments across these sectors and… Continue reading NITI Aayog to outline green transition path, investment needs across power, transport, industry, construction
US automakers blast Trump’s UK trade deal
Trump last week unveiled some steps to lessen the impact of tariffs on imported auto parts in moves applauded by GM and Ford. The Trump administration’s latest trade deal with Britain unfairly penalizes US automakers that have partnered with Canada and Mexico, a trade group representing Detroit automakers said Thursday. In a sharply-worded statement, the… Continue reading US automakers blast Trump’s UK trade deal
Mine auction rules update in works to kickstart ops fast
If delays are due to the state government not giving clearances, the upfront payment payable will be reduced, benefiting mining companies. New Delhi: The Centre is preparing a fresh set of amendments to Mineral (Auction) Rules, 2015 with an aim to cut the time between auction of mines and start of production. Intermediary timelines for… Continue reading Mine auction rules update in works to kickstart ops fast
On path to four-laning of 30k-km highways: Gadkari
Gadkari also said the ministry is working on revising the build-operate-transfer (BOT) model for the construction of roads, under which it will collect tolls for 15 years and share part of it with concessionaires. New Delhi: Union minister Nitin Gadkari on Thursday said that infrastructure development is key to making India a strong economic power… Continue reading On path to four-laning of 30k-km highways: Gadkari
Stellantis to cut up to 200 jobs through voluntary exits at Italy’s Termoli plant
The company has fewer than 40,000 staff in Italy, down from 55,000 in early 2021, when it was created through the merger of Fiat Chrysler and Peugeot maker PSA. Carmaker Stellantis has agreed with trade unions to implement up to 200 voluntary redundancies at its Termoli plant in central Italy, the company said on Thursday.… Continue reading Stellantis to cut up to 200 jobs through voluntary exits at Italy’s Termoli plant
Tata Motors shares surge 9% in 2 days. Here are 5 forces fueling run
The trade deal is expected to lower import duties on vehicles from 100per centto 10per centunder a quota system, potentially boosting JLR’s volumes in India and strengthening its competitive edge. Shares of Tata Motors extended gains for a second straight session on Thursday, rising as much as 3.5per centto ₹704 on the BSE amid optimism… Continue reading Tata Motors shares surge 9% in 2 days. Here are 5 forces fueling run
16 states, DC sue Trump over EV charging station funds
In February, the US Transportation Department said it was suspending the EV charging program and rescinding approval of state EV charging plans pending a new review. New Delhi: California and 15 other states sued the Trump administration on Wednesday, saying the federal government is illegally withholding billions in previously awarded funds to states for electric… Continue reading 16 states, DC sue Trump over EV charging station funds