Piyush Goyal Commerce and Industry Minister Piyush Goyal on Wednesday said negotiations for the India-EU free trade agreement are progressing, and a rough outline of the pact has been prepared. He said both sides are committed to an early conclusion of the deal. “Ek free trade agreement ki motee-motee roop rekha taiyaar ho gayee hai… Continue reading India, EU committed for early conclusion of FTA negotiations: Goyal
Author: Economic Times of India Online News
Iron ore rebounds as weak China data revives stimulus hopes
Other steelmaking ingredients, coking coal and fell 1.29 per cent and added 0.36 per cent, respectively. Iron ore futures gained on Wednesday, snapping multiple sessions of losses, after soft factory data from top consumer China bolstered hopes of a fresh stimulus to spur economic growth in 2026. The most-traded iron ore contract on China’s Dalian… Continue reading Iron ore rebounds as weak China data revives stimulus hopes
Silver demand in auto sector to grow 3.4% annually, EVs to overtake ICE as biggest consumer by 2027: Report
The report noted that EV production is expected to overtake ICEs as the primary source of silver demand by 2027 and will account for 59 per cent of the share by 2031. Global silver demand from the automotive industry is projected to grow steadily at a CAGR of 3.4 per cent between 2025 and 2031,… Continue reading Silver demand in auto sector to grow 3.4% annually, EVs to overtake ICE as biggest consumer by 2027: Report
CAFE 3 showdown: Carmakers clash as Maruti–Toyota push for new ‘mini-car’ category for availing emissions leniency
The Minister told the companies to submit a representation on the matter even as the players have approached other ministries, including the Ministry of Heavy Industries, as well as the Ministry of Power. It’s a straight fight between the Japanese power duo of Maruti Suzuki-Toyota who are pitted against the might of the rest of… Continue reading CAFE 3 showdown: Carmakers clash as Maruti–Toyota push for new ‘mini-car’ category for availing emissions leniency
Centre disburses ₹1,350 crore under PLI Auto Scheme; 82 applicants approved
The PLI Auto Scheme offers financial incentives to promote domestic production of advanced automotive technologies, strengthen localisation and support the transition to cleaner mobility. The government has disbursed ₹1,350.83 crore in incentives under the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Component industry as of 30 November 2025, according to data released… Continue reading Centre disburses ₹1,350 crore under PLI Auto Scheme; 82 applicants approved
Increase in EV registrations, subsidy disbursement in state: Minister
According to the minister, so far 2,19,667 EVs have been registered and are currently active and running, while an additional 680 EVs are registered and owned by a number of different govt departments in the state. “The subsidies are provided based on the vehicle categories. So far, ₹340.95 crore has been disbursed towards subsidies to… Continue reading Increase in EV registrations, subsidy disbursement in state: Minister
India, Sweden join hands to drive decarbonisation in steel, cement sectors
Leading Indian and global companies, research institutes, and technology innovators are driving these seven decarbonisation projects for India’s steel and cement sectors. Leading Indian companies like Tata Steel have joined hands with Swedish technology innovators to launch seven projects to drive decarbonisation in the domestic steel and cement sectors. As India advances towards its 2070… Continue reading India, Sweden join hands to drive decarbonisation in steel, cement sectors
Cummins India unveils CPCB IV+ genset and engine portfolio at EXCON 2025
The engine produces up to 290 HP and 1,200 Nm of torque and is built on the company’s fuel-agnostic architecture. Cummins India on Tuesday introduced its CPCB IV+ compliant 82.5 kVA genset at the ongoing EXCON 2025 in Bengaluru. The company is also displaying diesel and hydrogen internal combustion engines along with after-treatment technologies. The… Continue reading Cummins India unveils CPCB IV+ genset and engine portfolio at EXCON 2025
Indofast Energy, Quantum Energy partner to power battery-swappable electric scooters
Under the partnership, 1,000 Bziness XS scooters will be deployed via Indofast’s network in FY 2025-26, with plans to expand to 10,000 vehicles over the next three years. Battery-swapping solutions provider Indofast Energy on Tuesday signed a strategic partnership with Quantum Energy to power the new ‘Bziness XS’ electric scooter through its battery-swapping technology. Priced… Continue reading Indofast Energy, Quantum Energy partner to power battery-swappable electric scooters
Fight over fossil fuels nixes key text of UN environment report
But this issue has stalled politically since countries agreed at the UN climate summit in Dubai in 2023 to move away from coal, gas and oil. The UN on Tuesday unveiled its largest-ever scientific assessment on the dire state of the environment, but a crucial summary of its findings was torpedoed as nations feuded over… Continue reading Fight over fossil fuels nixes key text of UN environment report