In a landmark decision, the Union Cabinet has greenlit an ambitious initiative to enhance the manufacturing of rare earth permanent magnets. With a substantial investment of Rs 7,280 crore, this program is geared to establish a robust production capacity of…
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This move could significantly impact India’s $887 million auto exports to Mexico, its third-largest destination, and also affect pharmaceutical companies preparing to expand their presence.
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Beyond the IPO market, India may need a broader discussion on the framework governing professional valuation agencies across asset classes, Ananth Narayan told ETCFO.
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In a recent statement, Poonam Gupta, Deputy Governor of the Reserve Bank of India, emphasized that the bank’s inflation predictions are not skewed. She highlighted the institution’s utilization of various models and consultations with experts to arrive at accurate forecasts.
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In a bid to empower investors, Sebi is proposing a streamlined process for obtaining duplicate securities. By increasing the threshold for simplified documentation to Rs 10 lakh, the regulator aims to eliminate bureaucratic barriers and lower expenses for investors. Additional…
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Tesla is expanding its electric vehicle charging network in India. The company plans to establish superchargers and home-charging solutions in major cities. This initiative aims to support sustainable transport and combat air pollution. Tesla’s direct sales model is driving excitement…
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