India: News

12 Dec 2023

Electric Scooters

Gogoro arrives in India with battery swapping stations, electric scooter

E-scooter and battery-swapping giant Gogoro is making a significant expansion into India, by introducing a new locally-produced electric scooter, the Gogoro CrossOver GX250.

12 Dec 2023

Inflation

India's retail inflation reached 3-month high of 5.55% in November

India's retail inflation jumped to 5.55% in November, a significant increase from October's four-month low of 4.8%, as reported by the Ministry of Statistics & Programme Implementation.

12 Dec 2023

Workplace

India's 37% of businesses planning to expand their workforce: Report

India's hiring sentiment for the January-March 2024 quarter is among the strongest globally, with 37% of employers planning to expand their workforce, according to the ManpowerGroup Employment Outlook Survey.

12 Dec 2023

United Nations (UN)

Meet Licypriya Kangujam, the 12-year-old Indian activist protesting at COP28

At the pivotal summit of COP28, a 12-year-old climate justice activist named Licypriya Kangujam grabbed eyeballs (and applauses!) as she held a sign above her head that read, "End fossil fuels, Save our planet and our future."

12 Dec 2023

Auto

Passenger vehicle wholesales in India see 4% growth this November

In November, India's domestic passenger vehicle market saw a 4% increase in wholesales, thanks to strong demand for utility vehicles.

11 Dec 2023

Russia

India's crude oil imports from UAE surge: Here's why

India has experienced a significant surge in crude oil imports from the United Arab Emirates (UAE).

11 Dec 2023

China

China builds villages, barracks in Bhutan's territory amid border negotiations

Recent satellite imagery has shown that China is expanding into Bhutan's territory while both countries are engaged in negotiations to redraw the disputed Bhutan-China border.

11 Dec 2023

Business

Property values in top cities soar to decade highs

In 2023, India's top six cities saw a 10-15% increase in residential property values, the highest in a decade.

11 Dec 2023

Citroen

Citroen cars in India to get more expensive this January

Citroen has announced plans to raise prices of its entire car lineup by 2.5-3% starting January 2024.

11 Dec 2023

BMW

BMW to raise prices by 2% in India from January

BMW is set to raise the prices of its luxury vehicles in India by up to 2% starting January next year.

11 Dec 2023

Amazon Web Services

Vaishali Kasture, AWS India's interim head, quits within a year

Vaishali Kasture has resigned as the interim head of Amazon Web Services (AWS) India and South Asia, after just seven months in the position, reported TechCrunch.

11 Dec 2023

Home Decor

Give your home a desi makeover with these ideas

In the realm of interior design, striking a balance between modern aesthetics and cultural authenticity is an art.

India-EU's import duty dispute resolution likely through free trade talks

India is working to resolve a World Trade Organisation (WTO) import duty disagreement with the European Union (EU).

10 Dec 2023

Tata Motors Ltd

Tata to raise commercial vehicle prices by 3% next month

Tata Motors plans to raise the prices of its commercial vehicles by up to 3% starting January 1, 2024.

10 Dec 2023

Electric Vehicles

India will have 50,000 electric buses on roads by 2027

India is working toward having 50,000 electric buses on its roads by 2027, thanks to a $390 million (around Rs. 3,254 crore) joint finance mechanism with the United States.

10 Dec 2023

India

India's power consumption climbed by 9% between April and November

India has experienced a notable 9% increase in power consumption.

10 Dec 2023

Coal

India's coal imports decreased by 4.2% during April-October 2023

India experienced a decline in coal imports, dropping to 148.13 million tons (MT) during the April-October period of the current financial year.

09 Dec 2023

Travel And Tourism

Unique travel trends that we got to witness in 2023

The year 2023 has seen a rise in some travel trends that have revamped the purpose of traveling.

09 Dec 2023

China

India's garlic exports to hit record in FY24: Here's why

India is experiencing a boom in garlic exports due to a global shortage and decreased supply from China.

IndiGrid InvIT raises Rs. 670 crore via institutional placement

IndiGrid, the first power sector Infrastructure Investment Trust (InvIT) to be publicly listed in India, has successfully raised Rs. 670 crore using an institutional placement procedure, as laid out by SEBI.

08 Dec 2023

Indian Rupee (INR)

India's forex reserves climb to a four-month high of $604bn

India's forex reserves have hit a whopping $604 billion (nearly Rs. 50.37 lakh crore) as of December 1.

08 Dec 2023

Startups

Tech start-up funding plunges by 72% to 5-year low

India's tech start-up scene has hit a five-year low in funding, with a whopping 72% drop in 2023 compared to the $25 billion raised in 2022.

08 Dec 2023

Apple

Apple to produce over 50 million iPhones annually in India

Apple has set its sights on producing over 50 million iPhones in India each year within the next two to three years.

08 Dec 2023

Piyush Goyal

India on way to $30T economy by 2047: Piyush Goyal

India is on the path to becoming a $30 trillion economy by 2047, said Union Commerce and Industry Minister Piyush Goyal.

08 Dec 2023

Health & Wellness

Is Meftal, instant painkiller for headaches and period cramps, safe

Meftal, a widely used non-steroidal anti-inflammatory medication, has recently come under scrutiny for safety concerns highlighted by the Indian Pharmacopoeia Commission.

07 Dec 2023

Sustainability

India's renewable energy capacity to reach 170GW by March 2025

India is on track to boost its pure renewable energy capacity from 132 GW in October 2023 to approximately 170 GW by March 2025, according to research agency ICRA.

Government dismisses reports linking AIIMS cases to China's pneumonia surge

The Centre has debunked media reports linking seven bacterial cases found at Delhi's All India Institute of Medical Sciences (AIIMS) to the recent increase in pneumonia cases in China. It labeled such reports as "misleading and ill-informed."

07 Dec 2023

Nirmala Sitharaman

India's Q2 growth highest in the world: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman announced on Thursday that India's second-quarter growth is the highest globally, making India the fastest-growing economy.

07 Dec 2023

Business

Millennials, Gen Zs drive 53% of home loan demand: Report

A recent study by real estate portal Magicbricks reveals that millennials and Gen Zs, aged 18 to 34, make up 53% of home loan demand in India.

07 Dec 2023

Khalistani

FBI chief to visit India amid Pannun assassination plot probe

Director of the Federal Bureau of Investigation (FBI) Christopher Wray will visit India next week, United States (US) Ambassador to India Eric Garcetti confirmed.

05 Dec 2023

Social Media

India adopts 'zero tolerance' on deepfakes, warns social media companies

The Indian government is cracking down on deepfakes. Officials held a review meeting with social media platforms and warned of criminal consequences under existing laws.

Government banks bag Rs. 15,183cr after ED action under PMLA

The Enforcement Directorate (ED) has seized assets valued at Rs. 15,186.64 crore under the Prevention of Money Laundering Act (PMLA).

05 Dec 2023

Business

India poised to become world's third-largest economy by 2030: S&P 

India is on its way to becoming the world's third-largest economy by 2030, surpassing both Japan and Germany, as reported by S&P Global Ratings.

05 Dec 2023

Royal Enfield

Royal Enfield launches 'Reown' program for pre-owned motorcycles in India

Royal Enfield has launched "Reown," a program for pre-owned motorcycles, making it easier for customers to buy, sell, or exchange their Royal Enfield bikes.

05 Dec 2023

Apollo Hospitals

Apollo Hospitals accused of illegal organ trade, denies allegations

In a startling development, Apollo Hospitals, one of the world's largest private hospital groups, has been accused of being involved in an illegal organ trade racket.

Indian government announces free medical treatment for accident victims

The Union Ministry of Road Transport & Highways (MoRTH) is set to offer free medical treatment to all injured accident victims.

03 Dec 2023

Mercedes-Benz

Mercedes-Benz Classic Car Rally commemorates 10th anniversary in India

The Mercedes-Benz Classic Car Rally (MBCCR) celebrated its 10th edition on Sunday, with Mercedes-Benz and Autocar India partnering to showcase 81 cars across 77 model variants in Mumbai.

03 Dec 2023

Climate Change

COP28: India, China skip triple renewable energy plan

Both India and China refrained from signing the pledge at the 28th United Nations Climate Change Conference (COP28) climate summit to triple the world's renewable energy capacity by 2030 on Saturday.

01 Dec 2023

Missouri

US: 20-year-old Indian student enslaved for months rescued, 3 arrested

A 20-year-old Indian student was recently rescued in Missouri, United States (US), after months of captivity, physical and mental abuse, and forced labor.

01 Dec 2023

China

Study shows wealth and pension funds favor India over China

A recent study by London-based think tank OMFIF reveals that global pension and sovereign wealth managers are increasingly choosing India over China for investments.