In this issue

June 05, 2023

India may give UK access to PV market, with riders

India has proposed a tariff rate quota (TRQ) that will impose a ceiling on the number of PVs (under 100,000 units) to be allowed to be imported on a concessional tariff,

3 mins

GST Council likely to approve tribunal blueprint this month

Operational framework to pave the way for the tribunal to be functional at Centre, state levels

2 mins

Ola Electric likely to cross $1-bn revenue this yr: Ola exec

SoftBank-backed Ola Electric may log revenue of $1 billion this year, according to Ankush Aggarwal, chief business officer, Ola.

1 min

Spot airfares up 3x in a month on India's busiest routes

The spot airfares on five of India's six busiest routes have jumped by up to three times in the past one month. However, for tickets purchased 30 days in advance on these routes, the fares have seen a marginal increase (not over 15 per cent).

1 min

Reliance Retail, 6 others submit Eols for Future arm

Firms will be asked to make offers once Eol is okayed by resolution professional

1 min

USFDA checks of Indian sites still below pre-Covid levels

With US Food and Drug Administration (USFDA) scrutiny of Indian pharmaceutical (pharma) plants rising, analysts point out that Indian sites have had a 9 per cent share of total global inspections. While the pace of inspections has been on the rise since calendar year 2020 (CY20), it's still significantly below pre-pandemic levels.

2 mins

CCI lens on Big Tech as Apple probe nears end

Investigations into cases relating to Meta, Swiggy, Zomato, Google, and news publishers are also in advanced stages

3 mins

World knocks on a door more than ajar

A rich, many-faceted dialogue is underway in India as part of the G20 meetings, and diplomats hope for a successful summit, never mind the alarm bells. ADITI PHADNIS writes

4 mins

Hollywood directors ink deal with studios, writers still on strike

The tentative agreement includes improvements in wages and guardrails around artificial intelligence

2 mins

World is big enough for us to grow together, China tells US

Taiwan is an inalienable part of China, will never hesitate to defend our legitimate rights: Beijing

2 mins

Opec+ reaches agreement to extend output cuts into 2024

Negotiations dragged on as some African producers objected to demands that they give up some of their output quotas

1 min

Nifty Next 50 complexion to get a shade of difference

MORE THAN SKIN-DEEP: Removal of non-F&0 stocks could lead to addition/subtraction of 11 stocks, triggering a ₹5,000-crore churn

3 mins

Why railway safety is off track

Railway Board flagged grave safety issues in review meetings in April and May

4 mins

EV start-ups set to power India's next unicorn club

In line with the country’s target of reaching net-zero emissions by 2070, Indian climate technology, especially the aspect that relates to start-ups in the electric vehicle (EV) space, has cornered a hefty chunk of investment, despite an ongoing funding slowdown.

3 mins

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