Business

As the government works towards reducing reliance on imported crude oil and encouraging cleaner energy sources, biofuels have become a promising alternative. This article discusses the financing dynamics of biofuel projects, covering government support, private investment opportunities, and common investor challenges. India has enforced robust policies for backing biofuel projects to lessen oil imports and…

The Indian government is contemplating increasing the current ₹5 lakh deposit insurance limit, as disclosed by M Nagaraju, the Secretary of the Department of Financial Services during a press conference on Monday. Nagaraju mentioned that the proposal is actively being considered and will be officially announced after government approval. If a bank fails, depositors can…

Renault considers adding steering yokes to future cars, tested on the unique Filante streamliner. This car features a two-spoke yoke with an integrated instrument screen and electronic wheel control. Unlike traditional racks, it uses electric motors for tactile feedback, simulating weight and bumps. Sandeep Bhambra, Renault’s concept car design chief, highlighted the interior space benefits…

Hyundai Motor India Limited (HMIL), a top automobile manufacturer, marked 25 years of exports from India, solidifying its leading position in the sector. Having started in 1999, the company has exported over 3.7 million vehicles worldwide. This reflects India’s endeavor for competitive automobile manufacturing. Hyundai has now reached over 150 countries with its car exports.…

The Indian stock market crashed today, with Sensex and Nifty both dropping nearly 1%. Sensex fell over 610 points to 75,525, and Nifty decreased by 230 points to 22,800, attributed to concerns about US President Donald Trump’s tariff policy and ongoing foreign investor outflows. Investor confidence wavered due to Trump’s vow to impose reciprocal tariffs,…

Boeing’s supply chain in India exports Rs 10,000 crore worth of aerospace components annually, establishing the company as the leading foreign manufacturer in the country, according to Boeing India President Salil Gupte. Gupte refuted claims that high-tech aviation manufacturing was not taking place in India, noting the significant opportunities present now compared to a decade…

Coinbase, a top US crypto exchange, aims to restart operations in India after a year. The company is discussing with Indian authorities, including FIU, as reported by TechCrunch. This decision follows Binance’s return in August post registration with the FIU after a regulatory halt. Coinbase’s initial foray into the Indian market in April 2022 was…

Apple is considering iPhone production in Indonesia following a sales ban on the iPhone 16. This ban was imposed as Apple failed to meet investment commitments in October 2024. Despite Apple’s efforts with investment proposals and development center expansions, all offers have been rejected so far. Apple initially committed $110 million to Indonesia but only…