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Karnataka Budget: Loan Term Limits For Farmers Raised, Subsidies Announced
Seeking to woo farmers in an election year, Karnataka Chief Minister Basavaraj Bommai on Friday announced an increase in the limit of interest-free short-term loan given to farmers from Rs 3 lakh to Rs 5 lakh from the coming financial year.
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US Inflation Reduction Act Could Help Cut Chinese Battery Metals Ties: Details
The US Inflation Reduction Act (IRA) is set to be signed into law by US President Joe Biden today. The law that is designed to increase green investment, comes at a price. It extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 (roughly Rs. 5,94,800) but conditions the tax credit on the sourcing of the mineral content of...
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IMF Wants To Reverse Imran Khan's Relief Package, Says Pak Minister
Pakistan Finance Minister Miftah Ismail on Wednesday said that the International Monetary Fund (IMF) wants the country to revoke the subsidies extended by the Imran Khan government by increasing fuel prices and power tariffs.
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Electric Vehicles to Offer 3 Lakh Crore Business Opportunities in India in Five Years: CRISIL
Electric Vehicles will offer almost Rs. 3 lakh crore business for stakeholders in India in the next five years through fiscal year 2026, says CRISIL analysis. The opportunity includes potential revenue of about Rs. 1.5 lakh crore across vehicle segments for OEMs.
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Uber Hikes Trip Fares by 12 Percent in Delhi-NCR to Lessen Impact of Rising Fuel Prices on Drivers
Uber has raised the prices of trip fares by 12 percent in Delhi-NCR region, a few days after the drivers staged protests in the national capital over increasing fuel prices. The cab aggregator says it will continue to track fuel price movements and will take further steps as needed.
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Samsung Galaxy S22 Sales Reducing Due to GOS Scandal, Carriers Increase Subsidies to Tackle Falling Price: Report
The Samsung Galaxy S22 is seeing a drop in its price after the GOS controversy. Partner carriers have decided to increase subsidies in the face of sluggish sales.
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Carmakers In India Who Do Not Have EVs In Their Portfolio
With nearly 10 EVs launched in India this year and government also promoting subsidies, it seems like EVs are all the rage. But two carmakers want no part of it right now.
-
Revolt RV 400 Electric Bike Deliveries Begin Across 6 Cities
Revolt Motors has increased the pace of deliveries of its electric bikes after resuming production following a brief pause due to the pandemic.
-
Komaki Reduces Prices Of Select Electric Two-Wheelers In Delhi
Komaki, a Delhi-based EV startup, has reduced the prices of its two electric scooters, TN95 and the SE, by up to Rs. 20,000 in Delhi. The price reduction comes in light of the Delhi EV policy, which sees subsidies increasing on electric two-wheelers.
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FAME II Amendment: EV Makers Welcome Subsidy Revision, Will Boost Electric Two-Wheeler Sales
Here's how the electric auto industry reacted to the revision of the FAME II policy.
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Fertiliser Subsidy Hiked by 140%, PM's Office Says "Historic Decision"
The Centre will offer a whopping 140 per cent increase in subsidy on fertiliser to offset the price rise in international market, Prime Minister Narendra Modi's office said today.
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Tax Burden Of Middle Class Won't Increase: P Chidambaram On NYAY Scheme
Amid concerns that the Congress' election promise of a minimum income guarantee scheme for poor will hurt the middle class as taxes might be raised to finance the subsidy, ex-finance minister P Chidambaram said that the tax burden of the middle class will not go up.
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Italy Proposes Measures To Spur Sales Of Low-Emission Cars
Italy plans to offer subsidies of up to 6,000 euros ($6,800) to buyers of new low emission vehicles and will increase taxes on new petrol and diesel cars, two government officials said on Wednesday.
-
To Control Prices, Government Increases LPG Subsidy To 60 Per Cent
Cooking gas (LPG) subsidy has jumped by over 60 per cent in last two months as the government maintains price line despite rising international rates, Indian Oil Corp (IOC) Chairman Sanjiv Singh said.
-
90 Per cent Indians Would Opt For An Electric Car Says Survey
Over 50 per cent of respondents also suggested that the government should take initiatives to increase awareness about electric vehicles and provide financial assistance in the form of subsidy and reduced road tax.
-
Karnataka Budget: Loan Term Limits For Farmers Raised, Subsidies Announced
Seeking to woo farmers in an election year, Karnataka Chief Minister Basavaraj Bommai on Friday announced an increase in the limit of interest-free short-term loan given to farmers from Rs 3 lakh to Rs 5 lakh from the coming financial year.
-
US Inflation Reduction Act Could Help Cut Chinese Battery Metals Ties: Details
The US Inflation Reduction Act (IRA) is set to be signed into law by US President Joe Biden today. The law that is designed to increase green investment, comes at a price. It extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 (roughly Rs. 5,94,800) but conditions the tax credit on the sourcing of the mineral content of...
-
IMF Wants To Reverse Imran Khan's Relief Package, Says Pak Minister
Pakistan Finance Minister Miftah Ismail on Wednesday said that the International Monetary Fund (IMF) wants the country to revoke the subsidies extended by the Imran Khan government by increasing fuel prices and power tariffs.
-
Electric Vehicles to Offer 3 Lakh Crore Business Opportunities in India in Five Years: CRISIL
Electric Vehicles will offer almost Rs. 3 lakh crore business for stakeholders in India in the next five years through fiscal year 2026, says CRISIL analysis. The opportunity includes potential revenue of about Rs. 1.5 lakh crore across vehicle segments for OEMs.
-
Uber Hikes Trip Fares by 12 Percent in Delhi-NCR to Lessen Impact of Rising Fuel Prices on Drivers
Uber has raised the prices of trip fares by 12 percent in Delhi-NCR region, a few days after the drivers staged protests in the national capital over increasing fuel prices. The cab aggregator says it will continue to track fuel price movements and will take further steps as needed.
-
Samsung Galaxy S22 Sales Reducing Due to GOS Scandal, Carriers Increase Subsidies to Tackle Falling Price: Report
The Samsung Galaxy S22 is seeing a drop in its price after the GOS controversy. Partner carriers have decided to increase subsidies in the face of sluggish sales.
-
Carmakers In India Who Do Not Have EVs In Their Portfolio
With nearly 10 EVs launched in India this year and government also promoting subsidies, it seems like EVs are all the rage. But two carmakers want no part of it right now.
-
Revolt RV 400 Electric Bike Deliveries Begin Across 6 Cities
Revolt Motors has increased the pace of deliveries of its electric bikes after resuming production following a brief pause due to the pandemic.
-
Komaki Reduces Prices Of Select Electric Two-Wheelers In Delhi
Komaki, a Delhi-based EV startup, has reduced the prices of its two electric scooters, TN95 and the SE, by up to Rs. 20,000 in Delhi. The price reduction comes in light of the Delhi EV policy, which sees subsidies increasing on electric two-wheelers.
-
FAME II Amendment: EV Makers Welcome Subsidy Revision, Will Boost Electric Two-Wheeler Sales
Here's how the electric auto industry reacted to the revision of the FAME II policy.
-
Fertiliser Subsidy Hiked by 140%, PM's Office Says "Historic Decision"
The Centre will offer a whopping 140 per cent increase in subsidy on fertiliser to offset the price rise in international market, Prime Minister Narendra Modi's office said today.
-
Tax Burden Of Middle Class Won't Increase: P Chidambaram On NYAY Scheme
Amid concerns that the Congress' election promise of a minimum income guarantee scheme for poor will hurt the middle class as taxes might be raised to finance the subsidy, ex-finance minister P Chidambaram said that the tax burden of the middle class will not go up.
-
Italy Proposes Measures To Spur Sales Of Low-Emission Cars
Italy plans to offer subsidies of up to 6,000 euros ($6,800) to buyers of new low emission vehicles and will increase taxes on new petrol and diesel cars, two government officials said on Wednesday.
-
To Control Prices, Government Increases LPG Subsidy To 60 Per Cent
Cooking gas (LPG) subsidy has jumped by over 60 per cent in last two months as the government maintains price line despite rising international rates, Indian Oil Corp (IOC) Chairman Sanjiv Singh said.
-
90 Per cent Indians Would Opt For An Electric Car Says Survey
Over 50 per cent of respondents also suggested that the government should take initiatives to increase awareness about electric vehicles and provide financial assistance in the form of subsidy and reduced road tax.
