New Delhi, April 21 (IANS) India’s two-wheeler sales touched record high in FY26, with domestic wholesale volumes surging to around 22 million units, a report said on Tuesday.The report from ICRA estimated that wholesale volumes grew by around 20 per cent in March 2026, while retail volumes jumped 28.7 per cent on a YoY basis, and two-wheeler domestic volumes grew by approximately 11 per cent for the full fiscal year.The ratings agency forecasted two-wheeler wholesale volume growth to moderate…
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Washington, April 21 (IANS) Nuclear power and natural gas could anchor the next phase of India-US energy cooperation, as both countries look to cut costs, diversify supply chains and strengthen long-term energy security, according to a US-based expert.“There are plenty of opportunities right now,” said Dinsha Mistree, from the Hoover Institution of the prestigious Stanford University, pointing to nuclear energy as “very critical” for future collaboration between India and the United Stat…
New Delhi, April 18 (IANS) Prime Minister Narendra Modi on Saturday launched an acerbic attack on the Congress, accusing it of spreading misinformation on delimitation, adopting an “anti-reform” approach, and pursuing “negative politics” that harms national interest.He said the Congress is following a policy of divide and rule, which he alleged it inherited from the British, and is spreading misinformation that delimitation would adversely impact certain states.Addressing the nation a day after …
New Delhi, April 18 (IANS) Prime Minister Narendra Modi on Saturday said that despite the setback in Parliament, it is only a matter of time before obstacles to women’s rightful representation are removed, asserting that the government’s commitment to women’s empowerment will remain unwavering.Addressing the nation, PM Modi said the fight for reservation for women would continue until it is achieved, emphasising determination and continuity in efforts.He targeted the Congress and its allies,…
New Delhi, April 17 (IANS) A high-level government committee, supported by the Petroleum and Natural Gas Regulatory Board (PNGRB), has recommended removing excise duty on Compressed Natural Gas (CNG) to lower prices and promote consumption of the green fuel to meet India’s target of achieving a 15 per cent share of natural gas in the fuel mix by 2030.The key recommendations include removing the 14 per cent excise duty to make CNG a more attractive fuel option and also lowering GST on CNG vehicle…
Mumbai, April 16 (IANS) The Maharashtra government, in a minor reshuffle, transferred four bureaucrats on Thursday. G. Sreekanth (IAS: RR: 2009), Mission Director, Jal Jeevan Mission, Navi Mumbai, has been posted as Divisional Commissioner, Chhatrapati Sambhaji Nagar Division, Chhatrapati Sambhaji Nagar.Jitendra Papalkar (IAS: SCS: 2010), Divisional Commissioner, Chhatrapati Sambhaji Nagar Division, has been posted as Joint Commissioner, GST, Mumbai.Gangatharan D (IAS: RR: 2013) has bee…
New Delhi, April 10 (IANS) E-way bill generation clocked a robust 13 per cent year-on-year increase during March this year to touch an all-time high of 140.6 million — reflecting the high level of economic activity in the country, Goods and Services Tax Network (GSTN) data showed on Friday.The increase in e-way bill generation also increased on a month-on-month basis by 6.04 per cent from 132.59 million in February. An e-way bill is an electronically generated document mandated under the GST re…
New Delhi, April 9 (IANS) How ShopClues went from being one of India’s most promising unicorns to a deeply discounted acquisition has emerged as one of the most striking examples of value destruction in the country’s startup ecosystem.Once valued at $1.1 billion in 2016 and preparing for a potential public listing, the Gurugram-based e-commerce firm saw its fortunes unravel rapidly before being acquired by Singapore-based Qoo10 in 2019 for roughly $70-$100 million in an all-stock deal, wipin…
New Delhi, April 9 (IANS) India’s online retail market reached approximately $65–66 billion in 2025 in gross merchandise value (GMV) and is projected to grow over 20 per cent annually to reach $170–180 billion by 2030, capturing roughly one in ten retail dollars, a report said on Thursday.The report from Bain and Company and Flipkart said e‑retail gross merchandise value grew 19–21 per cent in value terms.Growth accelerated through the year, supported by improving macroeconomic conditi…
New Delhi, April 8 (IANS) The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting.The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision.The RBI Governor described 2025 as a challenging year, but noted that infla…