EV roadmap: Niti Aayog seeks time-bound national EV policy; sets roadmap to reach 30% EV sales share by 2030

Niti Aayog on Monday urged the government to formulate a National Electric Vehicle (EV) policy with clear targets and timelines to accelerate India’s shift to clean mobility, as part of its latest report titled “Unlocking a USD 200 Billion Opportunity: Electric Vehicles in India.“The report, released by Niti Aayog member Rajiv Gauba, called for a…

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US announces new visa rules! Some business travellers, tourists may have to pay $15,000 in bonds soon – check Trump administration’s latest move

Visitors seeking B-1 and B-2 visas from countries with significant overstay percentages must submit bonds before visa approval. (AI image) The Donald Trump administration has announced that some categories of visas may now require a $15,000 bond from the visitors before being issued by America. The regulation revives a measure from US President Donald Trump’s…

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RBI monetary policy meet: Members begin deliberation amid tariff worries and easing hopes; experts split on rate cut call as MPC weighs inflation, US shocks

The rate-setting Monetary Policy Committee (MPC) of the Reserve Bank of India, chaired by Governor Sanjay Malhotra, began its three-day meeting on Monday to decide the upcoming bi-monthly monetary policy. The outcome will be announced on Wednesday (August 6), amid expectations of a pause in the rate-easing cycle and rising uncertainty over the impact of…

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Trade protest: Farmers’ outfits call for nationwide stir on August 13; retaliation against Trump’s tariff threat, CETA

NEW DELHI: A joint platform of the Samyukt Kisan Morcha (SKM) and ten central trade unions on Monday announced a nationwide protest on August 13 against the proposed 25 percent US tariff and the recently signed India-UK Comprehensive Economic and Trade Agreement (CETA).In a joint statement, the CTUs-SKM criticised US President Donald Trump’s tariff threat…

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New residential complex for MPs in Delhi ready! Large flats with 5 bedrooms, offices to have more space than Type-VIII Lutyens’ bungalows

Prime Minister Narendra Modi will inaugurate a new residential complex in August on Baba Kharak Singh Marg, featuring 184 large and spacious flats for Members of Parliament, partially addressing the requirement for accommodation in Lutyens’ Delhi, according to a TOI report by Dipak Dash. Over the past few years, the government has constructed supplementary housing…

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Dubai real estate deals hit regulatory hurdle! Indian buyers who bought homes using international credit cards in a soup; here’s why

Indian property buyers in Dubai are facing regulatory challenges after using international credit cards (ICCs) for property purchases. They opted for this payment method through builder-shared links or during UAE visits, making down payments and instalment payments.The process appeared straightforward, avoiding bank paperwork and potentially circumventing the 20% tax-collected-at-source (TCS). However, they allegedly misused ICCs,…

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Boeing defence workers strike for first time in nearly 30 years: 32k machinists reject revised wage, retirement offer; last walkout was in 1996, lasted 99 days

In an unprecedented move, Boeing Co.’s defence workers in St. Louis have initiated their first strike in nearly 30 years after rejecting the company’s revised contract proposal.Approximately 3,200 machinists ceased work at midnight following their rejection of an offer featuring a 20% wage increase and enhanced retirement benefits. The last strike action occurred in 1996,…

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Countering Trump’s 25% tariff impact on India: Modi government wants exporters to build & promote homegrown brands; ‘it is important to…’

The United States has implemented a uniform 25% duty on all goods originating from India, taking effect August 7. (AI image) Donald Trump’s 25% tariff on India: The Narendra Modi government is urging exporters to develop and market domestic brands as a response to the 25% by the Donald Trump administration. Additionally, it has requested…

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