New Delhi, Oct 19 (IANS) The Ministry of Mines has notified new rules to introduce intermediary timelines for various activities to be completed after the issue of a Letter of Intent till execution of the mining lease in order to speed up the operationalisation of mining blocks that have been auctioned to companies. The centre...

Being “a structural change”, GST rate reduction “will structurally impact demand as we go (along)” and there won’t be a sudden spurt in demand. Tyre maker CEAT expects GST rate reduction to have structural positive impact in the coming quarters by aiding demand for two-wheelers, small cars and tractors, particularly in rural markets, according to...

Besides, the government is in discussions with academic institutions to see if some tech tie-ups can be forged between them and companies. New Delhi: The government is nudging the private sector to develop critical mineral processing capabilities as part of its efforts to secure domestic supplies of rare earths amid global supply chain uncertainties. The...

The company also launched its electric heavy-duty truck equipped with battery swapping technology. Blue Energy Motors (BEM) wants to make EV adoption as simple and seamless as ‘upgrading your phone’. For this, the company has introduced the Energy-as-a-Service (EaaS) model under which it is planning to install 1,200 battery swap stations and 30,000 electric trucks...