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Electric bus penetration set to double next fiscal: Report

The Business Guardian

|

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.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

The Business Guardian

Freedom From Fear Through Faith

Fear is one of the most powerful emotions influencing human behaviour.

time to read

1 mins

December 29, 2025

The Business Guardian

The Business Guardian

Govt notifies guidelines of 2 shipbuilding initiatives with Rs 44 700 cr outlay

The Ministry of Ports, Shipping and Waterways (MoPSW) has notified guidelines for two major shipbuilding initiatives with a total outlay of over Rs 44,700 crore.

time to read

1 min

December 29, 2025

The Business Guardian

The Business Guardian

VAGABHRINI: THE VOICE OF SELF-AWARENESS AND FEMININE CONSCIOUSNESS

Vagabhrini is a profound concept rooted in ancient Indian thought, most notably associated with the Vagabhrini Sukta of the Rig Veda (Mandala 10, Sukta 125).

time to read

2 mins

December 29, 2025

The Business Guardian

The Business Guardian

INDIA MUST BUILD INDIGENOUS AI, NOT RELY FOREIGN ALGORITHMS: ADANI

The AI centre, funded by the Adani Group, has been established under Vidya Pratishthan, the educational institution governed by the Pawar family.

time to read

3 mins

December 29, 2025

The Business Guardian

The Business Guardian

India forex reserves rise $4.37 billion to $693.32 billion, near record high

India's foreign exchange reserves rose USD 4.368 billion in the week that ended December 19 to USD 693.318 billion, driven by a jump in gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.

time to read

2 mins

December 29, 2025

The Business Guardian

The Business Guardian

Centre releases over Rs 723 crore for rural Rajasthan and Jharkhand

The Union Government released more than Rs 723 crores as grants to help rural local bodies in Rajasthan and Jharkhand.

time to read

1 mins

December 29, 2025

The Business Guardian

The Business Guardian

Risk-averse growth takes centre stage across India's BFSI sector: Report

India's banking and financial services sector is entering a phase of steady but selective growth, with lenders increasingly prioritising asset quality, profitability and risk calibration over aggressive expansion, according to discussions at Antique Stock Broking’s 3rd Annual BFSI Conference 2025 this month.

time to read

1 mins

December 29, 2025

The Business Guardian

The Business Guardian

India’s Healthcare Boom Needs Guardrails Before It Becomes a Crisis

A fast-growing, investor-led healthcare market requires transparency, accountability and patient-outcome regulation, not unchecked commercial incentives.

time to read

4 mins

December 29, 2025

The Business Guardian

RSB Retail India files draft IPO papers with Sebi seeks to raise Rs 1500 cr

RSB Retail India Ltd, a multi-brand retail chain in south India, has filed preliminary papers with markets regulator Sebi for an initial public offering (IPO), and people familiar with the matter indicated the issue could raise around Rs 1,500 crore.

time to read

1 min

December 29, 2025

The Business Guardian

The Business Guardian

‘Ek Ped Maa Ke Naam’ initiative has become a movement: NDMC Vice Chairperson

New Delhi Municipal Council (NDMC) Vice Chairperson Kuljeet Singh Chahal on Sunday planted a sapling under the ‘Ek Ped Maa Ke Naam’ campaign in Sarojini Vihar.

time to read

1 min

December 29, 2025

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