Big Blow To Tesla As India Rules Out Reduction In Import Taxes On Electric Vehicles
The Indian government stated that it has no intention of reducing import taxes on electric vehicles, which can prove to be a setback for Tesla. This comes days after Tesla CEO Elon Musk expressed hope that the government will reduce the import duties. On Monday, junior minister Krishan Pal Gurjar said, “No such proposal is […]
All You Need To Know About e-RUPI
The Prime Minister’s Office (PMO), on Saturday, announced the launch of e-RUPI, a person- and purpose-specific digital payment system. Digital technology is transforming lives in a major way and is furthering ‘Ease of Living.’ At 4:30 PM tomorrow, 2nd August, will launch e-RUPI, a futuristic digital payment solution which offers several benefits for its […]
What Is The #SaveBuxwahaForest Movement?
A movement to conserve Madhya Pradesh’s Buxwaha forest is gathering traction, as a diamond mining project spearheaded by Aditya Birla group’s Essel Mining & Industries Limited (EMIL) threatens to cut down over two lakh trees while also increasing air and water pollution. Furthermore, the implementation will alter the biodiversity of the surrounding terrain. The planned […]
India Embarks On A Population Reduction Journey To Boost Growth
The recent decision of two BJP governed states – Uttar Pradesh (UP) and Assam – to implement a population control strategy, is in line with a countrywide plan to address what the RSS terms as “demographic imbalance”. On Sunday, UP, the country’s most populated state which is home to an estimated 220 million people, unveiled […]
Government To Roll Out E-vouchers For Ease Of Payment For Vaccine Shots
The government has requested that the National Payments Corporation of India (NPCI) set up a framework for electronic vaccination vouchers. These vouchers will function similar to electronic prepaid devices that can only be used for vaccination. “To promote the spirit of ‘Lok Kalyan’, the use of non-transferable electronic vouchers which can be redeemed at private […]
New E-commerce Rules To Hurt Businesses: Amazon, Tata
According to Reuters, American e-commerce behemoth Amazon Inc., and India’s Tata Group have informed the Centre that stricter restrictions for online merchants will significantly impact their business models. The warning came after representatives from the firms met with government officials on Saturday. The consumer affairs ministry and Invest India, the government’s investment promotion arm, organised […]
Global Equities Await US’ Jobs Data For June
Global markets began the week on a sour note, but it stayed on track for the fifth straight month of gains as investors maintained their trust in a solid economic rebound from the pandemic. Wall Street’s Nasdaq Composite reached fresh highs, while government bonds surged as investors shrugged off concerns over the Federal Reserve prematurely […]
Reliance Industries AGM 2021 Highlights: All You Need To Know
Reliance Industries Chairman and MD Mukesh Ambani, on Thursday, announced the company’s mega-investment in a new business – green energy – at the 44th annual general meeting (AGM) of Reliance Industries Limited (RIL). He also assured that the deal with Saudi Aramco would close this year, promised the launch of the Jio-Google phone in September […]
Tokyo 2020: India Protests Against “Highly Unfair” Olympic Rules For COVID-hit Nations
The Indian Olympic Association (IOA) has criticised the Japanese government’s harsh regulations placed on athletes from several COVID-affected countries for the Tokyo Games that begin next month. Tokyo 2020 organisers, on Monday, announced that further precautions would be taken to limit infection risks from many nations that have seen “significant impact from variants” of COVID-19, […]
Mumbai Residents Complain Of “Fake Vaccine” Shots
A housing society in Mumbai’s Kandivali neighbourhood has filed a police report alleging that it was duped by people contending to represent a private hospital and organising a COVID-19 vaccination programme for its members. The residents have claimed that the vaccine provided may have been tainted. The Hiranandani Heritage Residents Welfare Association (HHRWA) has requested […]
