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Brics bank appoints veteran banker Rajiv Ranjan as vice president

New Delhi, Aug. 25 -- The New Development Bank (NDB), a multilateral institution established by the Brics nations-Brazil, Russia, India, China, and South Africa-has appointed Dr. Rajiv Ranjan as vice ... Read More


Govt's last mile e-mobility push skids as quadricycles see zero traction under PLI

New Delhi, Aug. 24 -- Four years after the Union cabinet approved the Rs.25,938-crore production-linked incentive (PLI) scheme for automobiles and auto parts, not a single manufacturer has applied to ... Read More


Govt slashes PM E-Drive e-rickshaw outlay by 75%

new Delhi, Aug. 23 -- The ministry of heavy industries has slashed the outlay for e-rickshaws under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme to Rs.50 cror... Read More


Modi inaugurates infra projects worth Rs.12,000 crore in Bihar as state gears up for polls

New Delhi, Aug. 22 -- Prime Minister Narendra Modi on Friday inaugurated key infrastructure projects worth Rs.12,000 crore in Bihar ahead of state assembly polls later this year. Speaking in Gaya, he... Read More


Govt cuts PM E-Drive e-rickshaw outlay by three-fourths

New Delhi, Aug. 22 -- The ministry of heavy industries has slashed the outlay for e-rickshaws under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme to Rs.50 cror... Read More


ESIC adds 1.93 million new employees in June, nearly 11% below a year earlier

New Delhi, Aug. 21 -- The Employees' State Insurance Corporation (ESIC) added 1.93 million new members in June, according to provisional payroll data. ESIC payroll data for June 2024 recorded about 2... Read More


Electric truck sales pick up in August after govt push

New Delhi, Aug. 20 -- Sales of electric trucks almost doubled in the first three weeks of August following the Central government's Rs.500 crore incentive scheme introduced in July and new private fin... Read More


Electric truck sales pick up in August after PM E-DRIVE incentives, private financing schemes kick in

New Delhi, Aug. 19 -- Sales of electric trucks almost doubled in the first three weeks of August following the Central government's Rs.500 crore incentive scheme introduced in July and new private fin... Read More


No battery incentives have been handed out yet. Govt to review scheme

New Delhi, Aug. 19 -- With no disbursal from the Rs.18,100-crore production-linked incentive scheme for advanced chemistry cells (PLI-ACC) in four years since the cabinet approval, the ministry of hea... Read More


India was fastest fastest-growing economy in world with 6.5% growth; Op Sindoor was a symbol of unity: President Murmu

New Delhi, Aug. 14 -- In her fourth Independence Day eve address to the nation, President Droupadi Murmu underscored India's economic resilience, defence self-reliance, and unity in the face of global... Read More