State government incentives for hybrid vehicles typically include a complete or partial exemption of road tax, which can bring down the overall cost of a car substantially. The note said that EV sales have grown strongly in all the states from the time they introduced incentives on hybrids.

The move stems partly from a realisation that a large fleet of merchant ships made in India is required, since foreign ships that transport merchandise to and from India may choose to stay away in case of an emergency.

The confidence comes following Commerce and Industry Minister Piyush Goyal’s visit last week to Washington, aimed at giving fresh impetus to the ongoing trade talks.

Domestic growth is driven by robust domestic consumption, increased government spending and strong services sector, it said.

Top 5 cities account for over 52 pc of mutual fund assets of Rs 65.74 lakh crore.

Female LFPR stays low; youth unemployment rate higher for females.

The central board of the RBI is likely to meet on May 23 to determine the dividend amount to be transferred to the government for FY25, in line with the revised Economic Capital Framework.

Express at Cannes: One of the most anticipated events at the ongoing Cannes Film Festival was a centre-piece conversation with Robert De Niro.

It could be noted that in October 2024, the Sebi had announced a set of six measures to strengthen the equity index derivatives, also known as equity futures & options

To accelerate the process, Commerce and Industry Minister Piyush Goyal had visited Brussels in the first week of this month where he met his counterpart Maros Sefcovic

Sanjiv Puri also spoke about how the private sector in India needs to substantially increase its R&D spends for national development, why private capex is only a part of the overall economic development agenda, and whether India needs to revisit its trade relationship with China.

Learnings from Kashmir line For Rishikesh-Karnaprayag Line

Finance Minister Nirmala Sitharaman and Commerce and Industry Minister Piyush Goyal have labelled the CBAM, or carbon tax, as an "unfair" measure and a violation of the "common but differentiated responsibilities" (CBDR) principle of multilateral climate negotiations.

To protect the domestic industry, the import restrictions on diesel and petrol vehicles are linked to engine capacity, and in the case of EVs, to prices, an official clarified.

Misri said India's Executive Director will put forward its position at the IMF Board meeting on May 9.

"Considering that employees had knowledge of incorrect accounting and/or its impact but traded in shares of IBL during the period may also require a determination from an insider trading perspective," it said.

Last month, Prime Minister Narendra Modi spoke to Musk and discussed the “immense potential” for collaboration in technology and innovation. Starlink’s senior executives also met with Commerce Minister Piyush Goyal to seek expedited clearances.

STL had disclosed that the target entities for the proposed strategic investment had not yet been identified

A statement released by the UK suggested that the agreement was finalised after “round-the-clock negotiations” that continued until last week

Risk weight refers to the capital banks must keep aside as provisioning to cover any loan defaults

According to the World Gold Council (WGC), central banks’ insatiable appetite for gold reached a significant milestone in 2024

Mufti Uzaifa, who is presently pursuing his PhD on an Urdu subject said, “My father had set up an empire to impart education to Muslim people”

JSW Steel, lenders committee & Resolution Professional come under SC fire

US President Donald Trump's announcement of reciprocal tariffs has increased the risk of global growth slowdown while trade wars seem to be escalating