Loans up to INR 5 crore will be covered under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). Statiq, an electric vehicle (EV) charging network operator, has partnered with State Bank of India (SBI) to offer financing for EV charging station setups, simplifying investment in EV infrastructure. The initiative aims at accelerating… Continue reading Statiq partners with SBI to boost EV charging station financing
Author: Economic Times of India Online News
India accelerating towards EV future; PM Modi calls for swift action to meet India’s e-mobility demand
Updated On Feb 11, 2025 at 05:53 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Prime Minister Narendra Modi New Delhi: Prime Minister Narendra Modi in a virtual address at the ongoing India Energy Week 2025 on Tuesday said that India is rapidly advancing towards electric mobility, and swift action is… Continue reading India accelerating towards EV future; PM Modi calls for swift action to meet India’s e-mobility demand
Trump says he will announce reciprocal tariffs over next two days
Trump said he was also looking at tariffs on cars, semiconductor chips and pharmaceuticals. U.S. President Donald Trump on Monday said he would announce plans to impose reciprocal tariffs on other countries over the next two days, doubling down on comments he made on Sunday. The Republican president spoke to reporters in the Oval Office… Continue reading Trump says he will announce reciprocal tariffs over next two days
Why keeping a vehicle beyond 20 years may now cost you a fortune
While the changes would impact vehicle owners nationwide, they would not affect owners in Delhi-NCR, where a court order mandates the scrapping of diesel vehicles older than 10 years and petrol vehicles older than 15 years. In a move aimed at phasing out older, polluting vehicles, the Ministry of Road Transport has issued a draft… Continue reading Why keeping a vehicle beyond 20 years may now cost you a fortune
Steep hike on cards for RC renewal of cars, 2-wheelers older than 20 years
All India Motor Transport Congress said it has opposed “sudden and excessive hike” in the fitness test fees. Keeping your vehicles beyond 20 years is going to cost you more as the road transport ministry has issued a draft notification proposing a steep hike in renewal of their registration. The move is aimed at disincentivising… Continue reading Steep hike on cards for RC renewal of cars, 2-wheelers older than 20 years
Audio Interview: What You Need to Know about President Trump’s new tariffs and retaliation from our trading partners
Ron Hesse speaks with Les Glick In the 16-minute Audio Interview, Mr. Glick discusses these questions: Les, I know you worked on trade cases under the first Trump administration. How do you see the issues differing this time? What particularly should companies be concerned about? Which laws are likely to be used and how can… Continue reading Audio Interview: What You Need to Know about President Trump’s new tariffs and retaliation from our trading partners
Transport unions threaten nationwide strike over fitness cert price increase
As per the GR, the fees for two-wheelers now stand at INR 1000. Transport unions have threatened to carry out a nationwide strike if the govt failed to retract increased fitness certificates fees for 15-year-old vehicles. Baba Shinde, president of the Maharashtra State Goods and Passengers Transport Association and a member of the All India… Continue reading Transport unions threaten nationwide strike over fitness cert price increase
Goldman Sachs predicts 21% upside in M&M, stock rises 2% to hit all-time high
M&M on Friday reported 19% year-on-year (YoY) growth in its standalone net profit at INR 2,964 crore in its December quarter, while revenue from operations increased 20% YoY to INR 30,538 crore. After the Q3FY25 results of Mahindra & Mahindra (M&M), reported on Friday, global brokerage firm Goldman Sacha raised its target price on the… Continue reading Goldman Sachs predicts 21% upside in M&M, stock rises 2% to hit all-time high
12.3 lakh e-challans issued to traffic violators on Atal Setu, Pune E-way with new surveillance system
Looking ahead, Maharashtra govt plans to extend the system to other key routes in the state. A senior transport official revealed that the govt intends to install the system on the Samruddhi Mahamarg in the near future. State transport department has issued 12.3 lakh e-challans for various traffic violations using Intelligent Traffic Management System (ITMS)… Continue reading 12.3 lakh e-challans issued to traffic violators on Atal Setu, Pune E-way with new surveillance system
Trump to announce 25% steel and aluminum tariffs in latest trade escalation
By a large margin, hydropower-rich Canada is the largest supplier of primary aluminum metal to the U.S., accounting for 79% of total imports in the first 11 months of 2024. U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of… Continue reading Trump to announce 25% steel and aluminum tariffs in latest trade escalation