Indian Startups Voice Strong Support for Digital Competition Bill

New Delhi, May 20 -- Nearly 40 Indian startups, including Matrimony.com, TrulyMadly, Innov8, QuackQuack, Magicbricks, Hoichoi, and Medibuddy, have come out in strong support of the government's propos... Read More

One-Time Amnesty Scheme For Exporters Recoups Rs 852 Crore For Govt

New Delhi, May 20 -- A senior government official has disclosed that the recently concluded one-time amnesty scheme for exporters who had previously failed to meet agreed-upon export obligations has y... Read More

EV Makers Including Hero Electric, Okinawa, Benling Penalized For FAME-II Violations

New Delhi, May 20 -- An inquiry by the Ministry of Heavy Industries (MHI) has determined that three electric vehicle (EV) manufacturers - Hero Electric Vehicles Pvt Ltd., Okinawa Autotech Pvt Ltd., an... Read More

Startups Outpacing Legacy Firms in Generative AI Adoption in India

New Delhi, May 18 -- A new study by EY has found that startups and global capability centres (GCCs) in India are leading the charge in adopting generative AI (GenAI) technologies, rapidly moving from ... Read More

India Must Brace For Non-Tariff Barriers In Major Markets, Embrace Global Value Chains: NITI Aayog Chief

New Delhi, May 18 -- India needs to adjust its domestic industries to adhere to non-tariff barriers like the European Union's Carbon Border Adjustment Mechanism (CBAM) in order to remain competitive g... Read More

Indian Steelmakers Fear Import Surge After U.S. Tariffs on China

New Delhi, May 18 -- India's steel industry is bracing for a potential flood of imports from China after the United States imposed steep tariffs on Chinese steel and aluminium this week, industry repr... Read More

Unscheduled Power Cuts Inflict Industrial Losses To Jammu Industries

Jammu, May 18 -- The Bari Brahmana Industries Association (BBIA) has expressed serious concerns over prolonged and frequent unscheduled power cuts affecting industrial units in the Bari Brahmana Indus... Read More

Indian Automakers Find Export Markets for Smaller Cars as Domestic Demand Shifts

New Delhi, May 18 -- Indian automakers like Maruti Suzuki, Hyundai, Kia, Citroen, Volkswagen, Honda, Nissan and Renault are increasingly finding export markets for their smaller, compact car models ev... Read More

India to Impose Stricter Scrutiny on EV Investments from Neighbours Like China

New Delhi, May 18 -- India will draw up additional guidelines for investments under its new electric vehicle (EV) policy announced in March, according to a government official. Applications from auto... Read More

Ministry Hosts Workshop to Drive Sustainable Practices in Steel Industry

New Delhi, May 18 -- The Ministry of Steel organised a National Workshop titled "Forging Sustainability in the Steel Sector" at Vigyan Bhawan in New Delhi on Friday. The workshop aimed to engage stak... Read More