The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year, according to people familiar with the matter. "We recently held a meeting with members of the Society of Indian Automobile Manufacturers (Siam). "The final regulations are likely to be issued in the next 10 days," a government source informed.
'Zakir bhai always said, 'koi chala nahi jata hai', he believed even after death, you left something of yourself behind and he has left so much of himself behind.'
Gross Value Added (GVA) growth in agriculture and allied activities in the first quarter of the 2024-25 financial year (Q1FY25) dipped to 2.7 per cent at constant prices from 4.2 per cent in Q1FY24 due to a drop in output of some crops following heatwave in the main growing months. Low post-monsoon rains, which dried most of the reservoirs in several states across the country, also impacted the production of many crops. At current prices, the growth was estimated at 8.5 per cent as against 4.1 per cent in Q1FY24 due to a spike in food inflation during the April to June months of FY25.
The Higgs filled a gap with its explanation for mass. Knowing the exact characteristics of the Higgs allows scientists to make better guesses of the structure of the universe in the first 10 microseconds after the Big Bang, says Devangshu Datta.
'Today when I see them talking to people from different countries confidently, I realise that education does not come from classrooms alone but from life experiences too.'
'Our growth in banking, financial services, and insurance (BFSI) is a prime example.'
The battle for the top spot in the two-wheeler market is intensifying. The gap between Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI) in retail sales narrowed to just 45,607 units in June. This improvement comes as HMSI has clawed back market share after dipping to a historic low of 18 per cent in May 2023. Now, the retail market shares of the two companies are 28.86 per cent and 25.54 per cent, respectively, compared to 35.54 per cent and 18.05 per cent in May 2023.
Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.
Businesses across the country may soon be required to issue electronic invoices, or e-invoices, directly to consumers for the sale of goods and services. The Goods and Services Tax (GST) Council, in its forthcoming meeting on Monday, is expected to discuss extending the e-invoicing mandate to cover business-to-consumer (B2C) transactions. Currently, e-invoicing is compulsory for businesses with a turnover of Rs 5 crore and above, but only for their business-to-business (B2B) transactions.
Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).
Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.
'I am very happy to see that the work is starting to bear some fruit now.'
'GenAI programmes may not be large in terms of value, but have triggered a lot of new opportunities among clients.'
Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.
'Only 20 per cent of families in India buy cheese twice once a year.'
Priced at Rs 7.99 lakh for the entry-level product, M&M has launched the diesel and CNG variants of Veero, and an electric version will come in the future.
Maruti recorded a 13.12% year-on-year surge in average revenue earned per car in 2023 compared to M&M's 7.56%, Hyundai's 6.76% and Tata Motors' 1.88%.
For Dinesh Nirmal (pictured), who heads IBM Software, one of his mandates is to integrate generative artificial intelligence (GenAI) into all products IBM builds and leverage it to enhance developer productivity across global labs. Nirmal believes that one of the biggest benefits of GenAI is automation, leading to optimisations and productivity gains. He shares that IBM Software has observed productivity gains of 30-40 per cent in some segments of software development.
India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.
While the electric version will open for bookings starting August 12, the internal combustion engine (ICE) counterparts will make their debut after September 2, says Rajesh Karkera/Rediff.com.
From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.
Justice Sachin Datta said the plea was misconceived and devoid of merits and the ECI can take an independent view on the complaint of the petitioner in accordance with law.
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
The Canadian model is not happy about the way she's presented in the media.
'Since we have a long waiting period, customers will be able to see cars for the next one year which are going to be produced and block (book) them.' 'So, if there is a wedding or a birthday in October, they can already check its availability in that month and block it.'
'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'
As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.
The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.
'I want to ask the Congress only one question: What is more important than election management in politics?'
Ducati would like to develop a motorbike racetrack on the lines of the Buddh International Circuit.
'It's almost like the tissue of the lung has a cancer spreading to it, which is causing scarring and rapidly progresses.'
The Punch.ev achieved the highest score point ever recorded by any vehicle to date, scoring 31.46 out of 32 for adult occupant protection and 45 out of 49 for child occupant protection.
Maruti Suzuki India (MSIL) plans to open new Arena Satellite showrooms as the country's largest carmaker aims to tap small towns and new markets, said a senior company executive, amid signs of recovery in rural demand and an approaching festival season. Senior executive officer for marketing and sales MSIL, Partho Banerjee, told Business Standard the company was aiming to penetrate deeper into markets and reach closer to its customers. "We have already had a concept of mobile showrooms in the Arena channel.
The government-backed Open Network for Digital Commerce (ONDC) is likely to start levying user charges in the current financial year.
Indian kiranas are agile enough to face the q-com challenge, but it's going to be a tough fight, notes Ambi Parameswaran.
'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'
The first time the Election Commission has taken cognisance of a model code of conduct complaint against a sitting prime minister.
Uzbekistan lives comfortably in several centuries but is also a forward-looking nation, Deepa Gahlot discovers on a visit to this Central Asian country.
159 dismissals in 36 Tests, 149 dismissals in 89 ODIs, and 89 dismissals in 70 T20s are very good by any standards. And yet they don't speak to Bumrah's true value and his special appeal, notes Sreehari Nair.
'Violence is the human abuse of power and rape is one of its worst manifestations.' 'Especially, the R G Kar kind, which allegedly involves not just brutal rape and murder but also destruction of evidence, complicity of authorities, suppression of protests, people willing to defend the indefensible and a shameful persistence of all involved to hold on to their seats of power,' asserts Vice Admiral Biswajit Dasgupta (retd).
