Business

New Delhi: India's electric vehicle (EV) components market is expected to expand eightfold to around Rs 3.55 lakh crore over the next seven years, from Rs 41,000 crore in 2025, according to an industry report. This forecast comes from the newly released 'India Electric Vehicle...

New Delhi: After WhatsApp, messaging platform Telegram has also submitted its reply to the IT Ministry's notice on the 'username' feature, according to sources. Submissions of both WhatsApp and Telegram are currently being examined by the government, sources told PTI. The username feature essentially allows...

New Delhi: Centre has withdrawn the licensing exemption for medicinal formulations containing more than 12 per cent of ethyl alcohol and brought them under stricter regulatory oversight, including mandatory licensing and prescription-only sale, to curb misuse and prevent diversion for intoxication, officials said. Certain medicinal...

Bhubaneswar: Odisha Deputy Chief Minister Pravati Parida Friday directed officials to complete field verification of pending Subhadra Yojana applicants by July 25 to ensure eligible beneficiaries receive the scheme's fifth instalment on ‘Raksha Bandhan’ in August. Chairing a review meeting, Parida instructed officials to monitor...

Bhubaneswar: Odisha government has received 3,17,966 fresh applications under the 'Subhadra Yojana', Deputy Chief Minister Pravati Parida said Friday. She added that pending benefits are to be released after completion of verification and other formalities. Reviewing the status of the applications, Parida said officials have...

New Delhi: Indian Youth Congress (IYC) Friday staged a protest against the E20 ethanol-blended petrol policy, accusing the Centre of pushing a measure that allegedly harms vehicles and benefits ethanol manufacturers. Gathering outside the IYC office on Raisina Road, party workers wearing masks of Union...

Mumbai: Stock market benchmark indices Sensex and Nifty ended 1 per cent higher Friday, taking their winning run to the second day, helped by a rally in heavyweights Reliance Industries, ICICI Bank and HDFC Bank. Easing crude oil prices and buying in IT stocks after...

Auckland: As the Unified Payments Interface (UPI) expands its global footprint, New Zealand is ready to experience the digital payment freedom that comes with India's unique and indigenously developed QR-based system, its Trade and Investment Minister, Todd McClay, said Friday. The minister stressed that New...

New Delhi: Petrol blended with 20 per cent ethanol (E20) can reduce fuel economy by 3-5 per cent in some vehicles, the Oil Ministry said Friday, but argued the impact is outweighed by benefits, including a higher octane rating, superior anti-knock characteristics, faster combustion, better...

New Delhi: The government has waived basic customs duty on goods used in the manufacturing of display assemblies, lithium-ion cells and inductor coil modules as it looks to promote domestic production of electronic devices like smartphones, laptops, wearables and smart TVs. The finance ministry issued...