'In such a scenario, Iran could proclaim itself victor, rebuild, re-enforce its diminished regional proxies to further destabilise neighbouring nations and take control of the Persian Gulf and Strait of Hormuz.'
Companies making electric two-wheelers, through their association Society of Manufacturers of Electric Vehicles (SMEV), have taken on the Department of Heavy Industries (DHI), saying they did not get subsidies for even half the mandated 1 million units they manufactured. Subsidies are given under Faster Adoption and Manufacturing of Hybrid and Electric Vehicles 2 (FAME II). In a petition to the parliamentary standing committee on industry energy and estimates, the SMEV said the department had done an "accounting error" by showing that it (the department) was close to achieving the mandated target by including sales of the EVs that were "not funded" under the scheme.
The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore. The initiative is targeting to reduce dependence on China for critical inputs and secure supply chains for EVs, electronics, aerospace and green energy.
Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.
Heavy rains battered Jammu and Kashmir, triggering floods, damaging infrastructure, and disrupting normal life. Authorities issued advisories and rescue operations were conducted.
Major foreign mining and refining companies have assured the Indian government that they will have sufficient stocks of rare-earth oxides to supply to the winning bidders under the country's production-linked incentive (PLI) scheme for indigenous manufacturing of rare-earth permanent magnets (REPMs), Business Standard has learnt.
A thick layer of toxic smog enveloped the national capital on Saturday as air quality deteriorated sharply, prompting the Commission for Air Quality Management (CAQM) to invoke the strictest curbs under Stage IV of the Graded Response Action Plan (GRAP) across Delhi-NCR.
Gopichand P Hinduja, chairman of globe-spanning Hinduja Group, died in London at the age of 85, sources close to his family said. Fondly known as 'GP' in business circles, Gopichand P. Hinduja was unwell for past few weeks and died in a London hospital, they said.
Prime Minister Narendra Modi inaugurated the first phase of the Navi Mumbai International Airport and dedicated the Mumbai Metro Line 3 to the nation, marking significant infrastructure developments in the Mumbai Metropolitan Region.
The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.
'Our vision is to innovate as many products as we can and solve as many problems as possible.'
Strong demand for cultural and spiritual hubs is expected for destinations like Varanasi, Kolkata during Durga Puja, and Pushkar for the camel fair, besides leisure destinations like Goa, Udaipur, Jaipur and Coorg.
'The Pahalgam terror attacks and the conflict that followed were a big blow to local tourism.' 'And just when things were starting to go back to normal, the floods, caused by heavy rain, spoiled all chances of a bounce-back this season.'
Police on Monday detained a close associate of cleric and Ittehad-e-Millat Council chief Tauqeer Raza Khan in connection with the recent violence in Bareilly during a protest in support of the 'I Love Muhammad' campaign, officials said.
The government on Tuesday notified the Rs 22,919 crore scheme to promote domestic manufacturing of electronics components, display and camera modules, non-surface mount devices, multi-layer printed circuit boards and lithium-ion cells for digital applications, among others. The scheme is likely to be operationalised in the next 2-3 weeks.
Let's work flat out and create a policy framework that fosters the growth of Indian non-family business VC and private equity firms. This will allow our Indian startups' dreams to flourish, explains Ajit Balakrishnan.
Dysprosium and terbium, two heavy rare earth elements with unique properties, are not available in extractable quantities in India.
The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.
An FIR filed against Sigachi Industries following a fatal explosion at its Telangana unit alleges the company used outdated machinery despite warnings from employees.
Jammu and Kashmir Chief Minister Omar Abdullah briefed Prime Minister Narendra Modi on a devastating cloudburst in Kishtwar district that claimed 60 lives and injured over 100. Abdullah expressed condolences and assured assistance, while also questioning potential administrative lapses.
The meteorological centre in Shimla issued a 'red' alert on Sunday for very heavy downpour in 10 districts of Himachal Pradesh, while services on the Shimla-Kalka rail line were suspended for hours till the debris and trees fallen on the tracks following overnight rains were removed.
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
'Attacks on nuclear sites pose significant threats.'
An Indian commerce ministry team will soon visit Washington for another round of talks on the proposed trade agreement with the US to iron out differences in sectors, like agriculture and automobiles, a government official said on Thursday.
64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.
An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Chief negotiator of India and special secretary in the Department of Commerce, Rajesh Agrawal, will join the team on Wednesday.
The death toll from the explosion at the Sigachi Industries' pharma plant in Pashamylaram has risen to 35, police said on Tuesday.
India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.
The Israel-Iran conflict has entered a 'decisive phase' after the United States bombed three major Iranian nuclear sites Sunday morning, feel strategic affairs experts with some of them arguing it was Washington, DC's 'responsibility' to not get involved in the military standoff.
I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'
Punjab Police detained several farmer leaders, including Sarwan Singh Pandher and Jagjit Singh Dallewal, while they were returning from a meeting with a central delegation in Chandigarh. The police also began evicting protesting farmers from the Shambhu and Khanauri border points, which have been closed for over a year. The action comes amid concerns from industrialists in Punjab over the prolonged closure of the border points, which they say has resulted in heavy losses. The meeting between the farmer leaders and the central delegation, led by Union Agriculture Minister Shivraj Singh Chouhan, was inconclusive, but the next meeting is scheduled for May 4.
ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.
Wheat production during the current season is expected to be better than last year provided the weather remains favourable over the next few weeks, said senior industry executives. The weather had turned uncharacteristically hot in the latter half of last month, but owing to strong winds, the chill has returned in the last few days.
'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'
Whether the ambitious targets are achievable is a moot question as India's earlier target was 20,000 MW of nuclear power by 2020.
Following the eviction of protesting farmers from the Shambhu border, Haryana security personnel began removing cemented barricades erected to prevent Punjab farmers from reaching Delhi. The Shambhu-Ambala road, closed for over a year, is being cleared with JCBs and other machinery. Meanwhile, the Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha announced dharnas outside deputy commissioners' offices in protest against the Punjab Police crackdown. The groups criticized the Aam Aadmi Party (AAP) government in Punjab for evicting the protesters and detaining farmer leaders on Wednesday. The police action was justified by Punjab Finance Minister Harpal Singh Cheema, who said industries and businesses were hit hard due to the prolonged closure of the highways. The protesting farmers, led by the Samyukta Kisan Morcha and the Kisan Mazdoor Morcha, had been camping at the Shambhu and Khanauri border points since February 13, 2022.
The United States has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia's military-industrial base.
The railway authorities have made arrangements by adding special trains for UP and Bihar, with a new train added for Gorakhpur in UP from Udhna on Sunday, officials said.
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
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