Saturday , November 23 2024

Business

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

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 months …

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

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. It …

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Bounceback: Sharp recovery in small, midcap stocks: Sensex rises 335 points to 73097

Mumbai: Small and mid-cap stocks have seen extraordinary losses in the last few days, yesterday there was a disappointing bearish atmosphere, after a big gap in large-cap stocks short-term funds recovered sharply today compared to undervalued stocks. . Limited recovery in Sensex, Nifty based small, mid-cap stocks; Funds were stable …

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