Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar

Poging GOUD - Vrij

Centre slashes PME-Drive e-rickshaw outlay by 75%

Mint Kolkata

|

August 23, 2025

Incentives for e-rickshaws lowered from 110,000 to 40,000 units; L5 target raised to 288,000 from 200,000

- Manas Pimpalkhare

The Union heavy industries ministry has cut the outlay for e-rickshaws under PM Electric Drive Revolution in Innovative Vehicle Enhancement (PME-DRIVE) Scheme to ₹50 crore from ₹192 crore. In an amendment notified on 13 August, the Centre placed its bets on providing demand incentives to electric three-wheelers used for passenger or cargo transport, or the L5 category.

The amendment raised the outlay for L5 category vehicles to ₹857 crore from ₹715 crore, after low demand for e-rickshaw incentives. Low demand was most evident in the e-rickshaw category, which depends on imported parts and fails to meet the localization norms.

MEER VERHALEN VAN Mint Kolkata

Mint Kolkata

Sberbank keen on India infra projects

Sberbank, Russia’s largest bank, is interested in partnership and participation in large-scale infrastructure projects in India.

time to read

1 min

December 03, 2025

Mint Kolkata

India’s Russian oil import dip temporary: Kremlin

India’s imports of Russian oil may decline for only “a brief period” as Moscow plans to boost supplies, using sophisticated technology to avert the impact of Western sanctions, Kremlin spokesperson Dmitry Peskov said on Tuesday.

time to read

1 min

December 03, 2025

Mint Kolkata

PSBs flag deposit rate woes on policy eve

portfolios highly sensitive to policy moves.

time to read

2 mins

December 03, 2025

Mint Kolkata

Torrent hires banks for $450 mn IPO

Torrent Gas Ltd has hired three banks for its planned initial public offering (IPO) that may raise as much as $450 million, according to people familiar with the matter.

time to read

1 min

December 03, 2025

Mint Kolkata

Mint Kolkata

Youngsters lap up multiplex ticket discounts but shrink F&B spending

Urban, youth-centric films such as Saiyaara and FI: The Movie are setting cinema cash registers ringing, bringing returns for multiplexes that are trying to attract audiences with discounts and buy-one-get-one offers.

time to read

2 mins

December 03, 2025

Mint Kolkata

Swiggy plans to raise $1.1 bn in share sale next week

Food deliverer Swiggy Ltd is preparing to raise as much as ₹10,000 crore ($1.1 billion) from institutional investors as early as next week, according to people familiar with the matter.

time to read

1 min

December 03, 2025

Mint Kolkata

IndiGrid to acquire Gadag Transmission

IndiGrid on Tuesday signed an agreement to acquire an interstate transmission (ISTS) project in Karnataka for an enterprise value of ₹372 crore.

time to read

1 min

December 03, 2025

Mint Kolkata

Mint Kolkata

Indonesia assigns $1 bn to Brics-led New Development Bank

Indonesia will assign $1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations.

time to read

1 min

December 03, 2025

Mint Kolkata

Gail’s challenges escalate with adverse tariff decision

A tariff setback and stubborn LNG prices have once again rattled Gail India investors.

time to read

1 mins

December 03, 2025

Mint Kolkata

Mint Kolkata

Inspector raj rollback: Let's turn this small start into a crescendo

India has begun to clear up a regulatory thicket that should proceed apace to give all our businesses more space to breathe

time to read

3 mins

December 03, 2025

Listen

Translate

Share

-
+

Change font size