The Centre has unveiled operational guidelines for the rollout of nearly 72,300 public electric vehicle (EV) charging stations across the country, with an outlay of Rs 2,000 crore under the Rs 10,900 crore PM E-DRIVE scheme.According to the Ministry of Heavy Industries, the framework provides a tiered subsidy structure to accelerate the installation of charging…
The Department of Financial Services (DFS), in collaboration with the Mediation and Conciliation Project Committee (MCPC) of the Supreme Court, has conducted a 40-hour mediation training programme for presiding officers of Debts Recovery Tribunals (DRTs) and senior executives of public sector banks.The programme, held between September 24 and 28, sought to highlight the growing importance…
India is fast becoming the top choice for Asia-Pacific (APAC) third-party logistics (3PL) firms looking to expand, with nearly 70 per cent of occupiers planning to increase their footprint in the country over the next two years, a CBRE report revealed.3PL providers handle end-to-end logistics operations for clients, enabling businesses to focus on core activities…
US Commerce Secretary Howard Lutnick (File photo) TOI correspondent from Washington: Employing language that some analysts likened to that used by mafioso, US Commerce Secretary Howard Lutnick has said the Trump administration has a bunch of countries like India, Brazil, and Switzerland it needs to “fix” in order to arrive at trade deals. The three…
The government said global and domestic companies have signed agreements to invest around Rs 1.02 lakh crore in India’s food processing sector during the four-day World Food India 2025 summit held at Bharat Mandapam in the national capital from September 25 to 28.The Ministry of Food Processing Industries said 26 companies, including Reliance Consumer Products,…
Russia has firmly backed India’s stance on continuing Russian oil purchases despite US pressure, praising the nation’s “self-respect” and affirming that there is “no threat” to the long-standing New Delhi-Moscow partnership.Russian foreign minister Sergey Lavrov, addressing the media after speaking at the UN General Assembly on Saturday, underlined that India’s ties with the US or…
Indian equities are set for a data-heavy, holiday-shortened week in which the Reserve Bank of India’s policy decision, tariff-related developments and global cues will steer market sentiment, analysts said. Trading will remain shut on Thursday for Dussehra and Gandhi Jayanti.Alongside the RBI’s October 1 rate decision, investors will track key macro data such as industrial…
A SBI research report has pitched for a 25 basis points (bps) cut in the repo rate, calling it the “best possible option” for the Reserve Bank of India (RBI), even as several experts believe the central bank’s Monetary Policy Committee (MPC) may once again choose to hold rates steady in its upcoming policy review.The…
Gold rate outlook: Gold and silver prices are likely to extend their rally this week, though late profit-taking could cap gains amid key global economic releases, analysts said.Traders will watch out for PMI data, US non-farm payrolls, employment numbers, consumer confidence, and speeches by Federal Reserve officials for direction, PTI reported.“… we expect the current…
Donald Trump‘s commerce secretary, Howard Lutnick, on Sunday said India must “react correctly” to the United States, adding that “we need to fix a bunch of countries,” amid the ongoing trade tensions demanding an end to policies “harming” American interests.In an interview with News Nation, Lutnick stated that India must open its markets and avoid…
