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India weighs tougher battery rules as 10 GWh storage plan takes shape

NEW DELHI, Dec. 12 -- More efficient batteries with longer lifecycles could be mandated to address grid stability concerns under a scheme that offers incentives to produce 10 gigawatt-hour (GWh) of ut... Read More


Sberbank to invest in India, gives Russians access to Nifty50

New Delhi, Dec. 4 -- Russia's largest bank Sberbank will invest in India's capital markets and also help Russian retail investors access the benchmark Nifty50 index on the National Stock Exchange, Her... Read More


India preps to meet 6x surge in battery storage demand by 2047

New Delhi, Nov. 27 -- India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic compone... Read More


India's next EV push: Easier loans for electric trucks and buses in the works

NEW DELHI, Nov. 6 -- The Centre is preparing a new financing scheme aimed at accelerating the adoption of electric trucks and buses, targeting one of the biggest bottlenecks in India's transition to g... Read More


Govt wants auto industry to invest in a rare-earth-free future

New Delhi, Nov. 3 -- The government plans to nudge the automobile industry to invest in research and development (R&D) of rare-earth-magnet-free technology, according to two officials aware of the pla... Read More


India plans Rs.10,000-crore push to reboot manufacturing under new mission

New Delhi, Oct. 24 -- India's new National Manufacturing Mission (NMM) may get a Rs.10,000-crore outlay to finance greenfield projects and scale high-value sectors across seven regional clusters, acco... Read More


India lines up Rs.7,300-cr boost for rare earth magnets amid China curbs

New Delhi, Oct. 8 -- Amid China's continued chokehold on supplies, the government is finalizing an incentive scheme to boost local production of rare earth magnets with an allocation of around Rs.7,30... Read More


Bharat Forge, Mahindra, JSW may step in as govt readies rare earth goodies

New Delhi, Oct. 8 -- Amid China's continued chokehold on supplies, the government is finalizing an incentive scheme to boost local production of rare earth magnets with an allocation of around Rs.7,30... Read More


Public procurement from small businesses soars as govt redefines MSMEs

New Delhi, Oct. 5 -- The government's purchases from micro and small enterprises (MSEs) in the first six months of the ongoing financial year (FY26) reached about 45% of total procurement, indicating ... Read More