Finance minister Nirmala Sitharaman announced a manufacturing mission to develop a domestic cleantech ecosystem and reduce reliance on China’s supply chain. The Budget also waived customs duty on critical minerals and increased the renewable energy ministry’s allocation by 53% to boost support for clean energy components.
UPI transaction volumes in India surged 52% year-on-year to 78.97 billion in H1 2024, while transaction values increased 40%, reaching Rs 116.63 trillion. PhonePe led […]
Ford Motor Co. is slashing 4,000 jobs across Europe, primarily in Germany, by 2027. The automaker cites economic challenges, intensified competition, and lower-than-anticipated electric vehicle […]
