India’s adoption of electric and hybrid vehicles is significantly lower than China’s, with EV penetration at 2.5% compared to China’s 49%. Experts recommend incentivising plug-in hybrid electric vehicles (PHEVs) to address economic and infrastructural barriers. Major automakers support this strategy…
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Currently, an FPI or an investor group can hold only up to 10% equity in a listed company. More than 10% is allowed through FDI. The fungibility would allow individuals the freedom to freely manage investments. Even portfolio investors can…
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While central trade unions like the All India Trade Union Congress (AITUC) and Centre of Indian Trade Unions (CITU) have outrightly rejected the unified pension scheme (UPS) announced by the government on Saturday and urged government to restore the old…
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As the festive season kicks in, the demand for gig work riders employed by quick commerce platforms may grow by as much as 40% on peak demand days from the current level of about three to four lakh riders, industry…
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In response to the RBI’s increasing focus on financial sector stability, banks are bulking up their technology capabilities by expanding their tech teams and increasing IT investments. This comes amid the growing importance of cybersecurity and the need to adopt…
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Domestic banks and non-banking financial companies raised their exposure to the Adani Group to 36% of its total debt by March 2024, lending ₹88,100 crore. The group’s debt increased due to capital expenditures in airports and green energy. However, a…
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