India's renewable energy sector is experiencing hurdles such as low tender demand, delays in power agreements, and project cancellations, potentially hindering the nation's goal of 500 GW non-fossil fuel capacity by 2030.
JSW Group Chairman Sajjan Jindal has raised doubts about Tesla’s ability to succeed in India’s electric vehicle (EV) market, emphasizing the dominance of domestic players. He highlighted that Indian manufacturers, including Tata Motors and Mahindra & Mahindra, have already established a stronghold, making it difficult for Tesla to replicate its global
Indian exporters are urging the government to reduce import duties on select goods from the United States in response to the recently imposed 25% tariff on steel and aluminum imports by the US. The move aims to offset the financial strain on small and medium-sized engineering goods exporters, who are expected to face significant challenges […]
The recent imposition of tariffs by the United States on imports from China, Mexico, and Canada is expected to create new trade opportunities for Indian exporters. With higher duties making products from these nations less competitive, experts believe Indian industries could step in to bridge the supply gap, particularly in sectors like textiles, engineering, chemicals,
Tesla, the global leader in electric vehicles, is strengthening its presence in India by launching a hiring drive in Mumbai and Pune. With 20 job openings across multiple roles, the company is gearing up for its much-anticipated entry into the Indian market. Tesla’s Recruitment Drive in India Tesla has announced 15 job openings in Mumbai […]
India’s manufacturing sector experienced a slowdown in February 2025, with the Purchasing Managers’ Index (PMI) dropping to 56.3 from January’s 57.7, marking a 14-month low. This decline is attributed to cooling demand, both domestically and internationally, leading to softer increases in new orders and production. Cooling Demand Impacts Factory Activity The
The Adani Group has announced plans to raise over $12.5 billion in equity over the next five years to support its ambitious ₹5 lakh crore (approximately $57.16 billion) capital expenditure program. This strategic move aims to bolster the conglomerate’s investments in utilities and infrastructure projects across India. Strategic Equity Fundraising According to the
India’s economy has shown signs of recovery, with GDP growth improving in the October-December quarter compared to the previous period. This rebound has been driven by increased government and consumer spending, alongside a strengthening rural economy. However, despite these positive trends, concerns persist about the sluggish growth in the manufacturing sector. Persistent
Maruti Suzuki India Limited (MSIL) recorded total sales of 199,400 units in February 2025, reflecting a marginal increase of 0.98% compared to the 197,471 units sold in the same month last year. The company’s performance remained steady, driven by domestic demand, even as exports showed a slight decline. Domestic Sales Growth The company’s domestic sales, […]
A Qatar Airways flight from Melbourne to Doha faced an unfortunate situation when a female passenger suffered a medical emergency and, despite the crew’s efforts, was pronounced dead mid-flight. The deceased remained in her seat next to Australian passengers Mitchell Ring and Jennifer Colin for nearly four hours until the aircraft landed. Passengers’ Experience Ring […]