Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government is advancing efforts to reduce dependence on China in the electric vehicle (EV) supply chain by supporting local innovations, The Economic Times reports. Abhay Karandikar, head of the Anusandhan National Research Foundation (ANRF), said the foundation is driving research in battery

India’s manufacturing growth slowed to a 12-month low in December, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, slipping to 56.4 from 56.5 in November. While still above the 50-point threshold signalling expansion, it marked the slowest growth rate in

On Thursday, Nasscom Foundation, not-for-profit organisation representing the Indian tech industry, named Jyoti Sharma as its new chief executive officer (CEO), succeeding Nidhi Bhasin. Sharma, an alumnus of the Tata Institute of Social Sciences, brings over two decades of expertise in social impact, resource mobilisation, and stakeholder engagement. A New

Reserve Bank of India (RBI) Governor Sanjay Malhotra, in his new year message, urged employees to prioritise customer-focused services as the central bank tackles currency depreciation, slowing economic growth, and inflation pressures. Chairman N Chandrasekaran of Tata Sons and Chairman Anand Mahindra of Mahindra Group, in their new year message,

Reliance Industries is preparing to upend the Artificial Intelligence sector by lowering prices, just as it did in the telecom industry to capture the market. Jio Platforms is collaborating with tech behemoths like Nvidia to co-develop AI language models to provide revolutionary solutions like personalised and reasonably priced AI as

Commerce and Industry Minister Piyush Goyal has flagged non-tariff barriers affecting domestic industry in the European Union (EU) markets, urging action during a virtual meeting with European Commissioner for Trade and Economic Security Maros Sefcovic. The discussion also covered progress on the proposed Free Trade Agreement (FTA) between the two

The FMCG giant Nestle India stated on Thursday that the firm will not be impacted in any way by Switzerland's decision to suspend the MFN (Most Favoured Nation) status that India had enjoyed all this while. Meanwhile, the Mint reported that the Indian FMCG sector will experience a

The Parliamentary Standing Committee on Finance has reopened the examination of the role of the Competition Commission of India (CCI) in digital markets, potentially delaying the enactment of the Digital Competition Bill. The bill, which aims to regulate gatekeeper platforms and curb monopolistic practices, is nearing finalisation by the Ministry