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After Rs.1.27-lakh-crore EV push, NITI Aayog asks States to rethink subsidies, focus on fleets

New Delhi, Sept. 16 -- The Centre's apex public-policy think tank, NITI Aayog, has asked States to rethink how they spend electric-vehicle subsidies and concentrate resources on fully electrifying pub... Read More


UPI MDR may squeeze low-cost broking as fund transfers attract charge

New Delhi, Sept. 16 -- The proposed 0.02 per cent merchant discount rate (MDR) on UPI transactions in the capital markets could create an unintended cost for stock brokers, as the charge may apply eve... Read More


Israel's P-Cure partners ARISTION for proton therapy network

New Delhi, Sept. 16 -- Israeli medical technology company P-Cure Ltd has signed an agreemnt with Indian healthcare company ARISTION Proton Center Private Limited to deploy P-Cure's compact, synchrotro... Read More


Tata Trusts may ask Tata Sons to seek clarity from RBI on listing mandate

New Delhi, Sept. 16 -- Tata Trusts may ask Tata Sons to seek clarity from the Reserve Bank of India (RBI) regarding its continued inclusion in the non-banking financial company (NBFC) Upper Layer list... Read More


PM Surya Ghar Yojna holds 132 GW market potential: ISMA

New Delhi, Sept. 16 -- The Indian Solar Manufacturers Association (ISMA) has projected India's residential rooftop solar potential at 132 GW from the 17 GW installed currently. The industry body, in ... Read More


Juniper Hotels to acquire Novotel Imagicaa for Rs.248 crore

New Delhi, Sept. 16 -- Juniper Hotels Limited on Wednesday announced a proposed acquisition of Novotel Imagicaa, an operating hotel in Khopoli, Maharashtra, from Imagicaaworld Entertainment Limited (f... Read More


Coal Ministry to launch 16th round of commercial mine auctions on Thursday

New Delhi, Sept. 16 -- The Coal Ministry will launch the 16th Round of commercial mine auctions on Thursday with the Minister of State Satish Chandra Dubey scheduled to launch the event. Over the pas... Read More


Satin Finserv launches programme to back next gen climate innovators

New Delhi, Sept. 16 -- Satin Finserv has launched a national initiative aimed at identifying and supporting students and early-stage startups building solutions to some of the most pressing climate an... Read More


Russia sanctions Bill, Saudi pipeline closure push India's crude oil import price to 5-month high

New Delhi, Sept. 16 -- New Delhi, September 16 The impending threat of tariffs because of Lindsey Graham Bill coupled with closure of the East-West pipeline by Saudi Arabia pushed India's crude oil im... Read More


Samsung India expects double-digit growth in H2 fuelled by festive demand, premiumisation

New Delhi, Sept. 16 -- Samsung India expects its home appliance business to garner double-digit growth in the second half of the year, driven by strong festival demand and expansion of the premium seg... Read More