India is stepping up efforts to secure its rare earth supply chain, a key element for clean energy expansion and electric mobility growth. A report by global consulting firm Primus Partners, ‘From Extraction to Innovation’, outlines a detailed plan to achieve self-reliance in rare earth magnets under the government’s Viksit Bharat vision, reported ANI.The report…
India’s semiconductor plans are beginning to take shape, with a deliberate focus on producing mature-node chips rather than competing in the global race for cutting-edge technology. The country is targeting the 28nm to 65nm range to meet rising demand in sectors such as automotive, telecommunications, and industrial electronics.An analysis by Bastion Research cited by news…
India’s business community has warmly welcomed Prime Minister Narendra Modi’s announcement to overhaul the Goods and Services Tax (GST), describing it as a crucial step towards boosting demand, cutting compliance burdens and supporting growth.In his Independence Day address from the Red Fort, PM Modi said the government will simplify the GST framework by reducing the…
Nifty 50 could fluctuate between 11 per cent below and 4 per cent above its year-end target of 25,000 as markets face a host of uncertainties, according to a report by BofA Securities.As per news agency ANI, the brokerage said that possible US trade tariffs on Indian goods, a shaky US economic outlook, delays in…
No, you don’t need to buy a new FASTag if you have an existing FASTag. The Annual Pass can be activated on your current FASTag, as long as it fulfills the eligibility requirements (such as being correctly attached to the vehicle’s windshield, connected to a valid Vehicle Registration Number, not blacklisted, etc.). Source link
NEW DELHI: PM Narendra Modi‘s announcement of a GST revamp is set to push states, especially those ruled by Opposition parties, to agree to the Centre’s rate rationalisation plan, with the finance ministry’s calculations suggesting that the exercise will result in a short-term impact on revenue, which will be more than made up in the…
Travellers wait in line for the next available agent at the Air Canada counter in Montreal-Pierre Elliott Trudeau International Airport in Dorval, Quebec. (Picture credit: AP) Air Canada has suspended all operations after more than 10,000 of its flight attendants walked off the job early Saturday, plunging peak summer travel into chaos and leaving passengers…
The Confederation of Indian Industry (CII) has hailed the forthcoming reforms to the Goods and Services Tax (GST) announced by Prime Minister Narendra Modi during his Independence Day address from the Red Fort.Chandrajit Banerjee, director general of CII, said in a statement, “On behalf of Indian industry, CII warmly welcomes the Hon’ble Prime Minister’s visionary…
File photo: PM EAC member Sanjeev Sanyal (Picture credit: ANI) India’s sovereign credit upgrade from S&P Global Ratings was “much required” but still leaves the country rated below its true economic strength, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said.Reacting to S&P’s move to lift India’s rating from ‘BBB-’ to ‘BBB’,…
Democrats rip into Trump’s tariff move (Picture credit: AP) Democrats on the US House Foreign Affairs Committee have sharply criticised the Trump administration’s warning of higher tariffs on India if talks with Russian President Vladimir Putin fail to produce results.Responding on social media platform X to comments by US treasury secretary Scott Bessent, the Committee…
