‘Revised subsidies to spur EV demand’

Electric 2-wheeler makers term increased support under Centre’s FAME II scheme as ‘game changer’ Electric two-wheeler makers on Saturday termed as “a phenomenal move” the government’s decision to increase subsidy for such vehicles by 50% under the FAME II scheme saying it would be a game changer in the adoption of eco-friendly vehicles. The Centre […]

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‘Second wave impacts luxury home purchases’

‘Need for space had spurred demand’ The second wave appears to have impacted purchases of luxury homes by high net worth and ultra high net worth individuals, who were seen buying new homes last year to move to safer and sprawling locations. “Right after the first wave, people wanted to upgrade their homes with larger […]

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RBI forms working group on digital lending

Benefits and risks interwoven in such platforms, need regulation: central bank The Reserve Bank of India (RBI) has constituted a working group on digital lending — including online platforms and mobile apps — to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players. This is to […]

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What could fracking industry look like in the next administration

Energy secretary explains what the US would look like without fracking U.S. Energy Secretary Dan Brouillette says eliminating 19 million jobs in the energy industry during a pandemic would be ‘devastating’ while discussing Joe Biden’s fracking stance. With less than a day before Americans head to the polls for the 2020 presidential election, the issue of energy policy – […]

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