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Mihir Mishra
Mihir Mishra is Deputy Associate Editor with the Indian Express and writes on banking and infrastructure issues. He has worked with The Economic Times and Business Standard and is an alumnus of Indian Institute of Mass Communication. Follow him on Twitter @mihirmishra
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More From Mihir Mishra - Page 2
Education loan: PSB target down by 13.5% in FY23 amid rising defaultsSubscriber Only
November 17, 2022 04:24 IST
Banks have been slow in achieving this target, and till the end of June 2022, public-sector banks were able to disburse 19 per cent of the total target. The record was dismal for smaller-sized loans (up to Rs 7.5 lakh loans), since banks were seeing high number of defaults in that category.
Thu, Nov 17, 2022
At top-level meeting in Sept, Govt took call to double Russia tradeSubscriber Only
November 13, 2022 04:12 IST
‘This would be further spurred by use of Indian Rupee for trade settlement’
Sun, Nov 13, 2022
India pushes Rupee trade beyond RussiaSubscriber Only
November 09, 2022 04:20 IST
The Reserve Bank of India had announced guidelines on overseas trade in Indian Rupee in July. In part, this is also aimed at curtailing India’s dollar dependence for trade, and indirectly strengthen the domestic currency.
Wed, Nov 09, 2022
Major dip in cost of buying and operating electric buses, Govt data showSubscriber Only
November 05, 2022 04:15 IST
The government is supporting the adoption of electric vehicles through two schemes -- Faster Adoption and Manufacturing of Electric and Hybrid Vehicles, or FAME, and Productivity-Linked Incentives for Auto and Advanced Chemistry Cell Battery Storage that aims at localisation of battery for electric vehicles.
Sat, Nov 05, 2022
Finance directive to rural banks: staff security in J&K, HR issues a prioritySubscriber Only
October 27, 2022 03:41 IST
On June 2, militants killed Rajasthan native Vijay Kumar Beniwal, a manager at the SBI-affiliated Ellaquai Dehati Bank (EDB) inside his chamber in Kulgam district.
Thu, Oct 27, 2022
To push MSME, housing credit in the hinterland, govt plans to involve RRBsSubscriber Only
October 22, 2022 04:04 IST
The proposed mandate will require RRBs to go beyond their mainstay of agricultural loans to extending credit for education, housing and even small businesses in rural India.
Sat, Oct 22, 2022
Post-pandemic skew: Surge in premium car sales, but lower-price segment still downSubscriber Only
October 16, 2022 04:14 IST
Data from the country’s top three passenger vehicle manufacturers, Maruti Suzuki, Hyundai Motors and Tata Motors – these account for over 70% of all car sales in FY 2021 – show that all of them have made a decisive shift up.
Sun, Oct 16, 2022
Education Loan: Bid to hike guarantee cap to Rs 10 lakhSubscriber Only
October 13, 2022 04:20 IST
Currently, education loans up to Rs 7.5 lakh are backed by a credit guarantee fund, which means that banks do not seek any collateral for loans up to the guaranteed amount.
Thu, Oct 13, 2022
To set uniform safety standards, testing of electric vehicles to begin from April 1Subscriber Only
October 09, 2022 04:04 IST
The Heavy Industries ministry is learnt to have allocated Rs 44 crore to ARAI to set up the requisite infrastructure for testing, certification, and development of electric and hybrid vehicles.
Sun, Oct 09, 2022
Interview with Director (Sales), Hyundai India: ‘Rural economy has taken hit… but road connectivity much better now, has helped sales’Subscriber Only
October 03, 2022 04:02 IST
As the South Korean car major is set to clock its highest-ever annual sales in the country since its launched production in the Indian market in 1998, Tarun Garg, the Director (Sales) of Hyundai India, tells Mihir Mishra that high inflation and interest rates going up and the Russia-Ukraine conflict are the unknowns that may impact growth. Edited excerpts:
Mon, Oct 03, 2022
Govt eyes tax breaks for more non-polluting tech in auto sectorSubscriber Only
October 03, 2022 03:56 IST
Based on industry feedback, the Union Ministry of Heavy Industries is learnt to be working on a proposal regarding the broader taxation incentive structure and is likely to relay that to the Finance Ministry -- the nodal agency for deciding matters of taxation structure.
Mon, Oct 03, 2022
To better track PLI claims, Govt floats digital platforms for data sharingSubscriber Only
October 01, 2022 03:57 IST
Its prime objectives include creating economies of scale and building a robust supply chain in areas of advanced products so that Indian manufacturers can move up the global value chain and benefit from the "China Plus One" strategy of multinational companies.
Sat, Oct 01, 2022
How the Tata Group’s airline merger plan will unfoldSubscriber Only
September 21, 2022 12:05 IST
The Tata Group will consolidate its entire airline business by 2024. Here's how it will merge its four airline companies.
Fri, Sep 23, 2022
Tata Group to bring AirAsia India, Vistara under Air India by 2024Subscriber Only
September 21, 2022 03:08 IST
As part of the plan, being discussed at multiple levels within the group, the consolidation process is likely to start with the merger of AirAsia India into Air India Express, to be completed over the next 12 months.
Wed, Sep 21, 2022
Covid distress: One in 6 MSME loan accounts under Govt pandemic relief package turns NPASubscriber Only
September 08, 2022 04:04 IST
The government announced the ECLG Scheme for the MSME sector in May 2020, two months after the national lockdown announced in March. Loans under the ECLG scheme’s first component (ECLGS 1.0) allowed a two-year moratorium.
Thu, Sep 08, 2022
Cyrus Mistry crash: Speed, driver fatigue possible factors; accident site may be new ‘black spot’Subscriber Only
September 06, 2022 04:04 IST
Sources said initial reports from the site in Maharashtra's Palghar district seem to suggest that factors behind the accident include “driver fatigue” and the “high speed” at which the premium SUV — equipped with seven airbags — was being driven.
Thu, Sep 08, 2022
Government to banks: Complaints, give more education loansSubscriber Only
September 01, 2022 04:15 IST
An official source said the issue was discussed in a meeting held last week by the Department of Financial Services (DFS) and involving representatives of all 12 PSBs.
Thu, Sep 01, 2022
6-airbag rule may be deferred as small-car segment pushes backSubscriber Only
August 28, 2022 04:06 IST
Dual airbags (driver and passenger) became mandatory on all vehicles this January. A driver airbag has been compulsory for all passenger vehicles since July 1, 2019.
Sun, Aug 28, 2022
Explained: What is the Govt’s new model for toll collection on highways?Subscriber Only
August 24, 2022 11:13 IST
The Ministry of Road Transport and Highways is planning to remove toll plazas on national highways. Instead, it will use cameras to capture number plates and charge owners of vehicles. Here's how the plan will roll out.
Thu, Aug 25, 2022
‘Not rigid on any auto fuel tech, but petrol, diesel alternatives needed’: Nitin GadkariSubscriber Only
August 24, 2022 04:52 IST
"There are four reasons for accidents — road engineering, automobile engineering, commuter education and implementation of rules. We are working on all of it," he said.
Thu, Aug 25, 2022
No toll plazas, cameras to read number plates, deduct toll: Gadkari unveils planSubscriber Only
August 24, 2022 04:52 IST
A pilot of this scheme is underway and legal amendments to facilitate this transition are also being moved, the Minister for Road Transport and Highways said.
Thu, Aug 25, 2022
As chip shortage bites, companies cut down features to reduce delaySubscriber Only
August 20, 2022 04:00 IST
Automakers, for instance, are delivering new cars with just one key and a promise to provide the next one at a later date. Others are delivering cars with smaller display screens or without music systems. Despite these adjustments, waiting periods on several models are at a record high.
Mon, Aug 22, 2022
Construction, food MSMEs fuel post-Covid credit riseSubscriber Only
August 17, 2022 02:11 IST
Lenders to MSMEs say e-commerce was strong even during the pandemic, and retail and food services picked up about a year back.
Wed, Aug 17, 2022
Explained: Electricity Bill – promise, problemsSubscriber Only
August 10, 2022 04:20 IST
The government wants to give consumers a choice of multiple power suppliers as is the case with mobile and internet services, apart from making provisions for timely and adequate tariff revisions.
Wed, Aug 10, 2022
Promise now, pay later ails power sectorSubscriber Only
August 08, 2022 04:26 IST
With eye on reforms, Electricity (Amendment) Bill, 2022 to be introduced in ongoing monsoon session of Parliament
Mon, Aug 08, 2022
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