In early 2024, the federal government rolled out a plan to achieve its ambitious goal of EVs making up 50% of all new car sales by 2030 and putting together a countrywide network of 500,000 charging stations and it will invest $7.5 billion to help build the charging infrastructure.
Tesla is currently the world's largest automotive company by market value. Musk is touring India this month, and it is speculated that he may announce significant investments during this time. India presents as a solid investment destination as Tesla looks to expand its manufacturing horizons beyond China.
As a result, while food products, motor vehicles, rubber and plastic products and other manufacturing items witnessed a month-on-month increase in their prices, medicinal chemicals, textiles and pharmaceuticals saw a dip in their prices.
There has been a recovery in two-wheeler sales figures in FY24, with an increase of over 10%, which indicates an improvement in rural demand
The highest passenger vehicle brand to grow was the country’s biggest automobile manufacturer Maruti Suzuki. In 2023-23 it exported 2,80,712 vehicles which was a good 9% jump from the 2,55,439 units the Japanese company exported the year before.
Direct Plan and Regular Plan are two options available for the same mutual fund scheme. It's like having two different variations of the same plan. The scheme, portfolio, and fund manager are the same.
Often added to one’s financial portfolio as a tax-saving tool or because it was recommended by someone, life insurance is a less understood financial instrument that can have significant benefits in the long term
E-commerce companies have been told to remove drinks and beverages, including Bournvita, from the health drinks category from their portals
Modi said the govt's attempt is to uplift the nation to a level that by 2047 the government is out of the lives of middle-class families in particular