New Delhi, April 11 (IANS) Aiming to boost electric mobility, the Delhi government on Saturday placed its draft Electric Vehicle (EV) Policy 2026 in the public domain for feedback, showcasing proposals ranging from financial incentives to infra push, an official said. The policy mandates only electric three-wheelers to be registered in Delhi from 2027, and two-wheelers from 2028, and proposes extensive financial incentives, tax exemptions, mandatory provisions, and infrastructure boosts to po…
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Mumbai, April 8 (IANS) Vietnam’s VinGroup Joint Stock Company, on Wednesday, pledged an investment of nearly $8.5 billion (Rs 71,000 crore) in Maharashtra. The investment will focus on sustainable urban development, industrial and tourism growth, renewable energy, and electric mobility. The MoU was signed in the presence of the Chief Minister Devendra Fadnavis. The Chief Minister expressed confidence that the partnership would catalyse green energy, modern infrastructure, and dynamic transpor…
New Delhi, April 6 (IANS) India-UK Collaborative R&D Programme for industrial sustainability is critical in accelerating the development of advanced, industry-relevant technologies and innovations in EV charging infrastructure are necessary for rapid adoption of electric mobility and future-ready ecosystem in India, a senior government official said on Monday.Rajesh Kumar Pathak, Secretary, Technology Development Board made the comment as the government body entered an agreement with Scharge…
New Delhi, March 23 (IANS) Prime Minister Narendra Modi stated on Monday that the government possesses a strategic petroleum reserve and is in the process of building more reserves. He also noted that over the past decade, the sources of energy imports have been hugely diversified. “We have a strategic petroleum reserve of more than 53 lakh metric tonnes, and plans are underway to build another reserve of 65 lakh metric tonnes,” PM Modi said on Monday, while briefing the Lok Sabha on the Wes…
New Delhi, March 19 (IANS) Global semiconductor major Infineon Technologies AG on Thursday partnered with Indian power-electronics firm Zenergize to support the country’s clean energy and electric mobility push.The collaboration was announced at the Bharat Electricity Summit (BES) 2026 held at Yashobhoomi in the national capital.The partnership focuses on technology integration and product development, and does not involve setting up a joint venture.Under the agreement, Infineon will provide a…
New Delhi, Feb 20 (IANS) The Centre’s Production Linked Incentive (PLI) Scheme has succeeded in attracting investments of over ₹2.16 lakh crore in the manufacturing sector and created more than 14.39 lakh direct and indirect jobs as on December 31, 2025, according to a statement issued by the Ministry of Commerce and Industry on Friday.Cumulative sales of manufacturing units set up under the scheme exceeded Rs 20.41 lakh crore, while total exports crossed Rs 8.3 lakh crore. The government ha…
Mumbai, Jan 31 (IANS) State Bank of India Chairman CS Setty on Saturday said that expectations in the financial sector ahead of the Union Budget remain anchored in continued fiscal prudence and called for a level playing field for financial savings instruments.“As a banker, I would definitely say there should be a level playing field. In an evolving equity environment, there is a case for ensuring a neutral and balanced approach to financial savings instruments,” Setty shared his expectation…
Mumbai, Jan 31 (IANS) India’s largest state-owned lender, State Bank of India, on Saturday announced the launch of CHAKRA — a Centre of Excellence for financing sunrise sectors critical to India’s economic transformation.It will serve as a knowledge‑led platform to enable financing for next‑generation, technology‑driven and sustainability‑focused sectors.The centre will focus on eight sunrise sectors including renewable energy, advanced cell chemistry and battery storage, electric mob…
New Delhi, Jan 20 (IANS) The Delhi government will roll out a Bus Route Rationalisation for the West Region on January 21, undertaken by the Delhi Transport Corporation (DTC) to improve last-mile connectivity, enhance reliability, and ensure commuter convenience, Transport Minister Pankaj Kumar Singh said. “The rationalisation of routes in the West Region is designed to improve reliability, shorten waiting times, and enhance service delivery. There is no shortage of buses in the city. We are b…