India

India Moves to Defend Exports Against U.S. Tariffs

India Moves to Defend Exports Against U.S. Tariffs

U.S. tariff has become the talk of the town. President Donald Trump has shaken the world’s import/export sector since he took office. During his this term,  he is focusing on increasing import tariffs. Recently, China retaliated against the high tariffs in the U.S. and imposed 15% on goods, especially food items and cotton.  However, India…

India Bets Big on Solar with a $1 Billion Subsidy Boost

India Bets Big on Solar with a $1 Billion Subsidy Boost

In the recent turn of events, Bloomberg mentioned that India is nearing completion of a $1 billion capital subsidy plan to strengthen its solar manufacturing sector. This initiative is part of a broader strategy to lessen reliance on China and capitalise on the global shift toward renewable energy.  Moreover, the Ministry of New and Renewable…

IESA Projects Number of EVs to Cross 28M by 2030

IESA Projects Number of EVs to Cross 28M by 2030

IESA (India Energy Storage Alliance), a leading organisation associated with e-mobility, energy storage, and hydrogen, projects that the number of operational EVs in India will cross 28 million in 2030. India’s total EV sales were over 4.1 million units in the fiscal year 2023-2024.  The future of electric vehicle sales seems brighter, driven by increasing…

Trump’s Proposed 25% Tariff To Hit Indian Drugmakers 

Trump’s Proposed 25% Tariff To Hit Indian Drugmakers 

On Tuesday, February 18, US President Donald Trump announced that he would like to impose a 25% or higher tariff on pharmaceuticals. He will raise the tariff throughout the year. This move could significantly impact the Indian pharma industry, as the USA is one of the largest consumers of Indian Pharma.  According to the Pharmaceutical…

RG Chandramogan Success Story: A Tale of Determination

RG Chandramogan Success Story: A Tale of Determination

Whether partying with friends or family or wanting to lighten up your mood after a tough day, ice creams are preferred by many Indians. Its sweet taste and coolness bring smiles to all. An affordable ice cream brand is Arun by RG Chandramogan-owned Hatsun Agro Product.  At present, Hatsun Agro is one of the biggest…

Uber Auto Changes, Shifts to Subscription-Based Model

Uber Auto Changes, Shifts to Subscription-Based Model

In a significant move, the ride-hailing giant Uber changed its operation model for autorickshaw drivers. It removed the commission-based system model and introduced the Saas (Software-as-a-Service) model. As per the shift, all auto rides booked through the Uber app are now cash-only. The change came into effect on February 18, 2025.  Users were informed about…

Gyanesh Kumar Becomes New Chief Election Commissioner

Gyanesh Kumar Becomes New Chief Election Commissioner

Rajiv Kumar will retire today as the Chief Election Commissioner (CEC) of the Election Commission of India (ECI). Kumar was appointed the Chief Election Officer on March 14, 2024, and joined office the very next day. Gyanesh Kumar was selected to succeed Rajiv Kumar on Monday, February 17, 2025. He was appointed as election commissioner…

Adani Green Energy Exits Sri Lanka’s $442M Project

Adani Green Energy Exits Sri Lanka’s $442M Project

Adani Green Energy shared on Thursday, February 13, 2025, that it has exited Sri Lanka’s $442 million power project. The company exited after the new Sri Lankan government decided to negotiate tariffs and make a modification to the accord. The company shared that it’s still committed to Sri Lanka for any future collaboration if the…

Income Tax 2025 vs. DTC – Will You Save or Pay More?

Income Tax 2025 vs. DTC – Will You Save or Pay More?

The Finance Minister of India will present a New Income tax Bill in the Parliament today, i.e., on 13-02-2025 at 11 am. The new bill is said to bring significant changes to the existing Income Tax Act 1961, making it simpler and easier for the general taxpayer to comprehend.  Moreover, according to the Economic Times,…

PM Narendra Modi Co-Chairs AI Action Summit In Paris

PM Narendra Modi Co-Chairs AI Action Summit In Paris

India’s Prime Minister Narendra Modi co-chaired the AI (Artificial Intelligence) Action Summit 2025 alongside French President Emmanuel Macron on February 11, 2025. The week-long summit began on February 6 and was attended by global leaders, policymakers, and industry veterans. It’s the third edition of the AI Action Summit.  PM Modi arrived for the event in…