Euler Motors targets 25 percent market share by 2024

Euler Motors, an electric vehicle company has opened its fifth dealership, EcoEdge Enterprises, in Delhi, to cater to the growing demand for commercial EVs among the retail customers.

Indian auto sector revs up for festive season launches

The auto industry in India is all charged up for the festive season. Passenger vehicle makers - from four to three and two wheelers are launching new products, planning variants and upgrading models.

TATA AND PARTNERS DRIVE INDIA'S GREEN TRANSPORT REVOLUTION

Sustainable transportation is striking deep roots in India's automobile industry with companies making foray in the hydrogen fuel bus segment, entering into extensive partnerships for electrifying public transportation through infrastructure creation or selling EV drive units for two-wheeled vehicles in India.

RBI EXTENDS DEADLINE FOR RS 2,000 NOTE WITHDRAWAL TO OCT 7

The Reserve Bank of India (RBI) announced the extension of its special drive to withdraw Rs 2,000 bank notes from circulation by one more week, until October 7, 2023.

Indian business tourists increasingly flock to Moscow

Moscow sees a surge in Indian business tourism, with the last two years witnessing significant growth in the MICE (Meetings, Incentives, Conferences, Exhibitions) segment from India. This information was shared by Evgeny Kozlov, Chairman of the Moscow City Tourism Committee, at the Business+Leisure Travel and MICE 2023 event held in New Delhi.

HOW HAS DIGITISATION AFFECTED THE WEALTH AND EQUITIES OF THE OLDER GENERATION?

Government of India banned the sale & purchase of any physical shares in 2018, wherein for any sale /purchase the investor would first have to get the physical shares converted into demat form.

GOVERNMENT ALLOCATES RS 100 CR TO BOOST ASPIRATIONAL BLOCKS PROGRAMME

The central government has earmarked Rs 100 crore for the Aspirational Blocks Programme (ABP) for the 2023-24 fiscal year. This initiative aims to elevate governance standards at the block level, thereby improving the quality of life for the country's residents.

RISING CRUDE PRICES CHALLENGE INDIA'S OMCS AMIDST UPCOMING ELECTIONS: NOMURA

India's oil marketing companies are now recording under-recoveries of INR 7.4/litre on the sale of auto fuels and faced the prospect of an impact on their profitability in the July-September second quarter of FY2023-24 as rising crude oil prices and product spreads squeeze marketing margins from recent peaks.

FTA boosts India's engineering exports to UAE, Australia

India's recent Free Trade Agreements (FTAs) with the United Arab Emirates (UAE) and Australia resulted in a 9% increase in engineering exports to these nations from April to August this fiscal year. Notably, this comes amidst an overall decline in such exports.

INDIA'S ECONOMIC RISE SHADOWED BY SURGE IN ILLICIT FINANCIAL FLOWS

Illicit trade flows estimated at approximately 20% of total trade in India between 2009 to 2018.

Over 39k Ganesh idols immersed in Mum till Friday noon

As the 10-day-long Ganesh festival drew to a close, more than 39,000 idols of the elephant-headed god were immersed in water bodies, including artificial ponds, across Mumbai till Friday noon in the presence of a sea of devotees.

Devotees throng annual Pitru Paksha Mela in Bihar's Gaya

Devotees from across the country thronged the Vishnupad Temple on Friday as they observed the 'Pitru Paksha' and honoured their ancestors at the annual Pitru Paksha Mela in Bihar's Gaya district.

PM MODI TO ATTEND BJP'S PARIVARTAN YATRAS IN POLL-BOUND C'GARH

This will be PM Modi's third visit to the Congress-ruled state, where assembly elections are due this year-end, in the last three months.

Madras High Court Directed State To Prevent Use Of Stickers Like 'Govt Of India', 'Police' On Private Vehicles

The Madras High Court in the case observed and has stated that the state authorities which includes the home department, transport department and police are bound in order to ensure that stickers and artifacts having the 'Emblem', G, Govt of India, the Government of Tamil Nadu, High Court, Police are not used on the private vehicles.

SUPREME COURT REFUSED TO ENTERTAIN PLEA CHALLENGING EXORBITANT AIRPLANE PRICES FOR GULF REGION, ASKS PETITIONER TO MOVE HIGH COURT

The Supreme Court in the case Kerala Pravasi Association And Anr. v. Union Of India And Ors observed and has refused to entertain the plea moved challenging the exorbitant air travel fares to and from the Gulf, noting that the petition could be taken up before the High Court instead of being dealt with by the Supreme Court.

ALLAHABAD HIGH COURT ORDERED STATUS QUO ON DAYALBAGH RADHASOAMI SATSANG SABHA LAND DISPUTE

The Allahabad High Court in the case observed and has stayed the demolition drive which is being carried out by the local Authority of Agra on the land claimed by Radhasoami Satsang Sabha, a religious and charitable society headquartered in Dayalbagh.

Embracing 'Bharat': India reclaims its civilisational identity

The external affairs minister of India, opened his address at the UNGA recently with the words, \"Namaste, from Bharat\". The social media circles latched onto it quickly and added the clip to the now long enough thread of high offices of the country using the word Bharat, instead of the alternative, India. Earlier in September, the invite for President's G20 summit dinner referred to the Honourable President as the 'President of Bharat'. And, to lead it all was Prime Minister Narendra Modi whose name plate at the G20 Summit, Delhi, read-Bharat.

India blames rich nations for exploiting Paris pact clause on fossil fuel

It is unfair that some developed countries are using an article in the Paris Agreement to restrict fossil fuel development in developing nations while they continue to invest in fossil fuels themselves, India has said.

JAISHANKAR, BLINKEN DISCUSS GLOBAL DEVELOPMENTS AMID INDIA-CANADA ROW

Against the backdrop of ongoing diplomatic row between India and Canada, External Affairs Minister S Jaishankar engaged in a discussion on global developments with US Secretary of State Antony Blinken.\"

Govt nod to sale of electoral bonds at authorised branches of SBI

Ahead of assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram, the Government has approved the issuance of the 28th tranche of electoral bonds that will open for sale for 10 days beginning October 4. \"The State Bank of India (SBI), has been authorised to issue and encash electoral bonds through its 29 authorised branches (as per list enclosed) with effect from. 04.10.2023 to 13.10.2023,\" the Finance Ministry said on Friday.

Manish Malhotra to redesign Air India uniforms

Air India's red-blue saree, white shirt, and black trouser uniform will soon be a thing of the past. Air India, which is owned by the Tata Group, is redesigning its uniforms, which will now feature designs by ace fashion designer Manish Malhotra. As part of Air India's revival and modernisation strategy, the new uniforms are planned to be adopted for frontline employees by the end of this year, presumably to coincide with the arrival of the airline's first wide-body A350 aircraft. Here's what we know about it.

AIR INDIA COMPLETES ACQUISITION OF ITS 1ST A350 AIRCRAFT

On Friday, Air India said it had completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC.

Ashok Leyland wins 1,282-bus order from Gujarat

The Gujarat State Road Transport Corporation (GSRTC) has ordered 1,282 buses from Ashok Leyland, the Hinduja Group's flagship company in India. According to the firm, this order-one of the largest by a state transport undertaking for a single original equipment manufacturer (OEM) will enable Ashok Leyland in maintaining its hegemonic position in the Indian bus market.

Kerala IT Company enhances workforce with Kalaripayattu

Alarge proportion of workers in the IT industry nowadays neglect their physical and mental health. A group of techies at InfoPark, however, are actively embracing Kalaripayattu in opposition to this trend as a way to cultivate both their bodies and minds. Acsia Technologies, an automotive tech brand from Kerala, embarks on a transformative journey to empower its workforce through the ancient art of Kalaripayattu.

UP DECLARES 95,767 VILLAGES ODF+ UNDER SWACHH BHARAT

Under the Swachh Bharat Mission, Uttar Pradesh gets 100% \"Open Defecation Free\" status in 95,767 villages. 29 September 2023 in Government

India's eight core sectors post 12.1% yoy growth in Aug 2023

The output of India's eight core industries increased by 12.1 per cent year on year in August 2023 led by cement, coal and electricity as per provisional figures of the growth rate of Index of Eight Core Industries (ICI) released by the Ministry of Commerce and Industry on Friday. The final growth rate of ICI for May 2023 is revised to 5.2 per cent. The cumulative growth rate of ICI during April to August, 2023-24 is 7.7 per cent (provisional) as compared to the corresponding period of last year.

Centre raised Rs 4,08,000 cr from dated securities in Q1FY24

The Central Government, during the first quarter (Q1) of financial year 2023-24 (FY24), on issuance/settlement basis of dated securities, raised gross amount worth Rs 4,08,000 crore and Rs 2,71,415 crore after adjusting for switches.

India's external debt rises to $ 629.1 bn at end June 2023

India's external debt at USD 629.1 billion in June 2023 recorded an increase of USD 4.7 billion over its level at end-March 2023. The external debt to GDP ratio declined to 18.6 per cent at end-June 2023 from 18.8 per cent at end-March 2023, the RBI said on Thursday.

India has low prevalence of organisedcrime actors

India has seen marked improvement in the Global Terrorism Index (GTI) and is also displaying good progress in addressing security concerns with a GTI score of 7.43 and a crime index score of 44.7, reflecting a decrease in both terror incidents and fatalities from 2016 to 2020, as well as the recent reduction in crime cases.

INDIA TO RAISE $24 BILLION FROM HIGHWAYS

With 4,000 kilometers to 4,500 kilometers (2,796.2 miles) of new roads likely to be commissioned annually by the NHs Authority of India over the next 3 years, the govt can monetize these assets through a Infrastructure Investment Trust or toll-operate-transfer model, CareEdge Ratings said in a note.