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Air India's '$600 Million In Losses Due To Pak Airspace Ban' Warning: Report
Air India may pay up to $600 million in extra costs after Pakistan shuts its airspace to Indian airlines, news agency Reuters said Thursday evening citing a company letter it had accessed.
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Himachal Pradesh Govt To Foster EV Adoption, Subsidy In Place For E-Taxis
Sukhu said the government has launched Rs 680 crore Rajiv Gandhi Swarozgar Startup Yojana wherein 50 per cent subsidy is being provided for the purchase of e-taxis to the youth.
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PM E-Drive: Government To Reduce Turnaround Time For EV Subsidy Claims
The Ministry of Heavy Industries aims to reduce the processing time for EV subsidy claims to 5 days, from the current 40 days.
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Delhi EV Policy Extended By Three Months; No Ban On Petrol, CNG Two-Wheelers
The government of Delhi has extended its EV policy by three months; till the time it formulates a new EV policy.
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Rajasthan Government To Offer Subsidy Worth Rs 200 Crore On EVs
In a major decision to push electric mobility in the state, Rajasthan government has decided to establish a ₹200 crore e-vehicle promotion fund under its Electric Vehicle Policy-2022.
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Union Budget May See Fiscal Consolidation But Rural, Welfare, Subsidies May Go Up: Report
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
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Foxconn, Dixon Said to Urge Government to Pay Pending Production Subsidies
Foxconn Technology Group and Dixon Technologies India Ltd. are asking the government to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. India’s technology ministry has not responded to the related queries.
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Government Said to Plan Near $3 Billion Aid, Tariff Cuts for Electronics
India’s government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports to help boost local manufacturing. A final decision on the proposals will be made by the cabinet, and if approved, details may be announced in the government’s upcoming budget in February, people familiar with the matter said.
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India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
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Japan Is Offering Single Women Financial Support To Relocate From Tokyo For Marriage
The new initiative will expand an existing subsidy program, providing up to $7,000 to women who relocate from Tokyo's 23 wards to rural areas.
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UCO Bank Recruitment 2024 Notification Released for 544 Apprentice Posts
A monthly stipend of Rs 15,000, including any subsidy amount by the Government of India, will be paid to the apprentice during the apprenticeship period.
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"Will Take To Streets If Dairy Farmers Don't Get Subsidy": Sharad Pawar
NCP (SP) president Sharad Pawar on Wednesday warned of agitation if the Maharashtra government did not provide subsidy to milk producers.
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Did Delhi Minister Announce Discontinuation Of Power Subsidy Scheme? A Fact Check
A video of Delhi minister and Aam Aadmi Party leader Atishi is going viral on social media platforms with a claim that she allegedly talked about the AAP government's decision to cancel the power subsidy scheme in the national capital.
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Arvind Kejriwal's Arrest Did Not Affect Public Services: Delhi Government
Delhi government's Secretary of Planning Department Niharika Rai said on Tuesday public services, social welfare schemes, and subsidies are "not affected" following reports that after the arrest of Arvind Kejriwal such services will be "stopped."
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TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant
TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.
-
Air India's '$600 Million In Losses Due To Pak Airspace Ban' Warning: Report
Air India may pay up to $600 million in extra costs after Pakistan shuts its airspace to Indian airlines, news agency Reuters said Thursday evening citing a company letter it had accessed.
-
Himachal Pradesh Govt To Foster EV Adoption, Subsidy In Place For E-Taxis
Sukhu said the government has launched Rs 680 crore Rajiv Gandhi Swarozgar Startup Yojana wherein 50 per cent subsidy is being provided for the purchase of e-taxis to the youth.
-
PM E-Drive: Government To Reduce Turnaround Time For EV Subsidy Claims
The Ministry of Heavy Industries aims to reduce the processing time for EV subsidy claims to 5 days, from the current 40 days.
-
Delhi EV Policy Extended By Three Months; No Ban On Petrol, CNG Two-Wheelers
The government of Delhi has extended its EV policy by three months; till the time it formulates a new EV policy.
-
Rajasthan Government To Offer Subsidy Worth Rs 200 Crore On EVs
In a major decision to push electric mobility in the state, Rajasthan government has decided to establish a ₹200 crore e-vehicle promotion fund under its Electric Vehicle Policy-2022.
-
Union Budget May See Fiscal Consolidation But Rural, Welfare, Subsidies May Go Up: Report
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
-
Foxconn, Dixon Said to Urge Government to Pay Pending Production Subsidies
Foxconn Technology Group and Dixon Technologies India Ltd. are asking the government to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. India’s technology ministry has not responded to the related queries.
-
Government Said to Plan Near $3 Billion Aid, Tariff Cuts for Electronics
India’s government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports to help boost local manufacturing. A final decision on the proposals will be made by the cabinet, and if approved, details may be announced in the government’s upcoming budget in February, people familiar with the matter said.
-
India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
-
Japan Is Offering Single Women Financial Support To Relocate From Tokyo For Marriage
The new initiative will expand an existing subsidy program, providing up to $7,000 to women who relocate from Tokyo's 23 wards to rural areas.
-
UCO Bank Recruitment 2024 Notification Released for 544 Apprentice Posts
A monthly stipend of Rs 15,000, including any subsidy amount by the Government of India, will be paid to the apprentice during the apprenticeship period.
-
"Will Take To Streets If Dairy Farmers Don't Get Subsidy": Sharad Pawar
NCP (SP) president Sharad Pawar on Wednesday warned of agitation if the Maharashtra government did not provide subsidy to milk producers.
-
Did Delhi Minister Announce Discontinuation Of Power Subsidy Scheme? A Fact Check
A video of Delhi minister and Aam Aadmi Party leader Atishi is going viral on social media platforms with a claim that she allegedly talked about the AAP government's decision to cancel the power subsidy scheme in the national capital.
-
Arvind Kejriwal's Arrest Did Not Affect Public Services: Delhi Government
Delhi government's Secretary of Planning Department Niharika Rai said on Tuesday public services, social welfare schemes, and subsidies are "not affected" following reports that after the arrest of Arvind Kejriwal such services will be "stopped."
-
TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant
TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.
