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Tesla’s India Entry Almost Confirmed After New EV Policy Of Indian Govt

Finally, there is good news for the Tesla enthusiasts of India. It has been reported that the Indian government has announced a new EV policy initiative. The government, with this new policy, is aiming to bolster domestic manufacturing of EVs. It also aims to promote ‘Make in India’ objectives as well. Under this policy, the Indian government will allow automakers to import up to 8,000 electric cars per year at a reduced import duty of 15 %. This makes Tesla’s India entry almost certain. However, to…

Govt spots missing bits in HCL, Foxconn chip JV, seeks details, ET Auto

The IT ministry’s queries to the HCL-Foxconn proposal marks a repeat of an earlier plan submitted by Foxconn, in which it had proposed to build a chip manufacturing facility with Vedanta.India’s HCL Group and Taiwan’s Foxconn Group’s proposal to jointly build a chip assembly unit in the country is not very satisfactory, according to the government, which has asked both companies to submit more details about the project, said people in know of the developments.The

Pune Metro: Govt Greenlights Vanaz To Chandni Chowk & Ramwadi To Wagholi Extensions

Last Updated: March 12, 2024, 17:19 ISTPune (Poona) , IndiaPune Metro: Maharashtra Govt Greenlights Vanaz To Chandni Chowk & Ramwadi To Wagholi Extensions. (Photo: Big Property)(Representational Image)The Vanaz to Chandani Chowk and Ramwadi to Wagholi extensions cover a total of 12.75 km together, are all elevated, and consist of 13 stations.The government of Maharashtra has approved the extension of the Pune Metro’s Vanaz to Ramwadi stretch at both ends.The first extends from Vanaz to Chandni Chowk, while the second…

Govt notifies fact-checking unit under PIB to check fake news, misinformation related to Centre

The government on Wednesday notified a fact-check unit (FCU) under the Press Information Bureau (PIB) of the ministry of information and broadcasting. The FCU will be the nodal agency to tackle or alert about all fake news or misinformation related to the central government, an official notification said.The unit, established in November 2019, has now got the “legal backing” with the notification, a senior government official said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT…

Govt Slashes Petrol, Diesel Prices by Rs 2/Litre Ahead of LS Polls Schedule Announcement

Last Updated: March 14, 2024, 22:19 ISTThe announcement was made by Union Minister Hardeep Singh PuriThe new prices of petrol and diesel will be effective from Friday, March 15th, starting at 6:00 AMThe Center slashed prices of petrol and diesel by Rs 2 per litre on Thursday, just ahead of the Lok Sabha election schedule announcement.Announcing the news on social media platform X, the Ministry of Petroleum and Natural Gas declared that the new prices would be effective from March 15, on Friday, starting at 6:00 AM.“Oil…

Delhi Govt Develops Portal for Licensing, Regulating Cab Aggregators, E-commerce Entities

Published By: Shahrukh ShahLast Updated: March 17, 2024, 09:34 ISTRepresentational image. (File photo)All existing or new operators must obtain a licence within 90 days of the scheme's notification or before commencing operations. Licences will be valid for five years.The Delhi government has developed a portal to facilitate licensing, payment of fees and regulate cab aggregators, delivery service providers and e-commerce entities.The Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme – 2023 was notified

Nigerian govt flags off N40 billion mass metering project across army formations

The Nigerian government has flagged off a N40 billion mass metering project to end the era of estimated billings in the Nigerian Army formations nationwide. Bolaji Tunji, special adviser on strategic communication and media relations to the Minister of Power, Adebayo Adelabu, disclosed this in a statement on Sunday. “The Federal government has begun the mass metering of the Nigerian Army formations nationwide with a promise to end the era of estimated billings in the power sector,” Mr Tunji said. Speaking during…

Electric Cars, SUVs Priced Over 25 Lakh Get Pricier In Bengaluru As Karnataka Govt Ends Tax Breaks

The prices of electric vehicles in Karnataka will go up as the government has now imposed a new tax on the premium EVs sold in the state. The tax rate is of 10%, on vehicle cost and is applicable only on the premium electric vehicles sold. This rule will be applied to a range of vehicles including electric cars, jeeps and buses. From the past 7 years the Karnataka government has been giving tax exemptions on the EVs. This was done to promote eco friendly sources of travelling and to start the EV culture in India.…

IT hardware sales: IT hardware sales may drop as govt pares expenditure

The upcoming general elections shall impact the sales of laptops, desktops and other IT hardware in the first half of 2024 as the government will slow down IT procurement spending, industry experts told ET. In the commercial segment, IT hardware sales in the first half of the calendar year are expected to remain flattish at the year-earlier levels of about 2.9 million units which was already comparatively weak, according to data from market tracker firm International Data Corporation (IDC). When compared to the first half…

chip design tools: Govt equipping over 100 colleges with cutting-edge chip design tools

The government is equipping more than 100 colleges with electronic design automation (EDA) tools from Siemens EDA, Synopsys and Cadence, as part of efforts to prepare talent for the country’s developing semiconductor ecosystem.The country heads of these chip design software companies told ET that training with these tools ensures that students are industry-ready when they graduate.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For…