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Electric bus penetration set to double next fiscal: Report

The Business Guardian

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December 19, 2023

A report suggests that despite persistent counterparty risks and the limited availability of charging stations, the share of electric buses (e-buses) is poised to double to 8 percent in the next fiscal year.

Electric bus penetration set to double next fiscal: Report

The increase is attributed to supportive policy measures and favorable ownership costs, according to a report by Crisil Ratings.

The report highlights the government’s commitment to overall decarbonization, with a particular focus on public transport as a primary enabler. Aiding this shift is the attractive total cost of ownership, which is expected to

drive e-bus sales to 8 percent of new sales in the upcoming fiscal year, up from around 4 percent in the current fiscal year.

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The Business Guardian

The Business Guardian

India retail inflation likely inched up to 1.66% in December

Retail inflation in India has likely edged up in December 2025 to 1.66 per cent from 0.71 per cent in November, with food prices strengthening across most segments of the food inflation basket, according to projections made by Union Bank of India.

time to read

2 mins

January 05, 2026

The Business Guardian

Test flight lands at Bhogapuram airport in Andhra Pradesh

The greenfield Bhogapuram International Airport in Andhra Pradesh witnessed a successful validation flight on Sunday, marking a significant milestone ahead of its planned commercial operations from June 2026.

time to read

1 min

January 05, 2026

The Business Guardian

India unaffected by US action on Venezuela due to limited trade

The ongoing crisis in Venezuela is unlikely to have any material economic or energy impact for India, asserted India-based think tank Global Trade Research Initiative (GTRD).

time to read

2 mins

January 05, 2026

The Business Guardian

The Business Guardian

Ankita murder case: Oppn parties protest, demand CBI probe

Opposition parties in Uttarakhand staged a protest and demanded a CBI probe into the Ankita Bhandari murder case on Sunday, a day after police said that no “VIP” was found involved in the case.

time to read

2 mins

January 05, 2026

The Business Guardian

India retail inflation likely inched up to 1.66% in December

NEW DELHI Retail inflation in India has likely edged up in December 2025 to 1.66 per cent from 0.71 per cent in November, with food prices strengthening across most segments of the food inflation basket, according to projections made by Union Bank of India.

time to read

1 mins

January 05, 2026

The Business Guardian

The Business Guardian

INDIA BECOMES WORLD'S LARGEST RICE PRODUCER, SURPASSES CHINA: AGRI MINISTER

India has become the world's largest rice producer, beating China, with a total output of 150.18 million tonnes, Union Agriculture Minister Shivraj Singh Chouhan said on Sunday, as he released 184 new varieties of 25 crops.

time to read

2 mins

January 05, 2026

The Business Guardian

The Business Guardian

Macro environment for Indian equities appears stable in 2026: Report

The broader macro environment for Indian equities appears stable as one looks ahead to 2026, according to a report by ICICI Prudential Alternate Investments.

time to read

1 mins

January 05, 2026

The Business Guardian

Export to Venezuela less than 1 pc of total exports: Bajaj Auto

Bajaj Auto on Sunday said its exports to Venezuela accounts for less than 1 per cent of its total overseas shipments.

time to read

1 min

January 05, 2026

The Business Guardian

The Business Guardian

Dera Sacha Sauda chief Gurmeet Ram Rahim again gets 40-day parole

Dera Sacha Sauda chief Gurmeet Ram Rahim Singh, who is serving a 20-year jail term for raping two of his disciples and is lodged in the Sunaria jail in Haryana’s Rohtak, was again granted a 40-day parole, said sources on Sunday (January 4, 2026).

time to read

1 min

January 05, 2026

The Business Guardian

The Business Guardian

Red Fort blast: Accused used ‘ghost’ SIM cards to communicate with Pak handlers

Investigations into the “white-collar” terror module linked to the blast near Delhi's Red Fort on November 10 last year show that highly educated doctors used a sophisticated web of “ghost” SIM cards and encrypted apps to coordinate with Pakistani handlers, officials claimed on Sunday.

time to read

1 min

January 05, 2026

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