Monday , October 5 2026

Business

Reduction in EV subsidy on two-wheelers and three-wheelers, end of subsidy on cars and buses

[ad_1] Ahmedabad: To promote electric two-wheelers and three-wheelers in the country, the Central Government on Wednesday introduced the Electric Mobility Promotion Scheme 2024. Heavy Industries Minister Mahendra Nath Pandey said the central government has allocated Rs 500 crore for the new scheme, which will be implemented for the next four …

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Fitch Ratings raised its GDP estimate for the next financial year to 7 percent – ​​News India Live

[ad_1] Mumbai: After Moody's, Fitch Ratings has also increased India's economic growth rate (GDP) forecast for the next financial year i.e. 2024-25 to 7 percent from the earlier 6.50 percent, expecting that the Indian economy will continue to grow strongly. On the other hand, China's GDP estimate has been reduced. …

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