Government working on developing electric highways, powered by solar energy: Nitin Gadkari

Government working on developing electric highways, powered by solar energy: Nitin Gadkari

The government is working on developing electric highways, which will be powered by solar energy, that will facilitate the charging of heavy duty trucks and buses, Union road transport and highways minister?Nitin Gadkari?said on Monday. Addressing an event organised by the Indo-American Chamber of Commerce (IACC), Gadkari reiterated that the government wants to develop India’s public transport system on electricity.

“The government is strongly encouraging solar and wind energy-based charging mechanisms for electric mobility.”We are also working on developing electric highways, which will be powered by solar energy and this will facilitate charging of heavy duty trucks and buses while running,” he said.

Read more: https://www.financialexpress.com/infrastructure/roadways/government-working-on-developing-electric-highways-powered-by-solar-energy-says-nitin-gadkari/2663822/

Gyanvapi mosque case: Hindu women’s petition for worship maintainable, rules Varanasi court

Stating that the plea by the five Hindu women petitioners for worshipping Hindu gods and goddesses inside the Gyanvapi mosque premises as ‘maintainable,’ a Varanasi court on Monday rejected the Anjuman Islamia Masjid Committee’s plea challenging the maintainability suit filed under Order 7 Rule 11 of the Civil Procedure Code (CPC). The court is set to hear the matter next on September 22.

Read more: https://www.financialexpress.com/india-news/gyanvapi-mosque-case-hindu-womens-petition-for-worship-maintainable-rules-varanasi-court/2663836/

India’s milk export to boost Modi’s Atma Nirbhar Bharat; PM says dairy sector employs 8 crore families

PM?Narendra Modi?said that India has become the largest producer of dairy products in the world due to collective efforts of small-scale dairy farmers. India’s dairy sector is recognised for production by masses rather than mass production. “Today 8 crore families are getting employment from the dairy sector,” the PM said while inaugurating International Dairy Federation World Dairy Summit (IDF WDS) 2022 on Monday, 12 September. Union Minister of Fisheries, Animal Husbandry and Dairy Purshottam Rupala said that the World Dairy Summit 2022 has been organised after over 48 years in India. “Our milk production is 220 million tonne today. We are in the position to export surplus milk, in line with the ‘Aatma Nirbhar Bharat’,” Rupala said.

Read more: https://www.financialexpress.com/economy/pm-modi-links-surplus-milk-production-to-atma-nirbhar-bharat-says-india-has-largest-database-of-dairy-animals/2663603/

Indigenous ‘Tejas’ aircraft doing well in Malaysia’s LCA tender competition

Malaysia has launched a tender for 18 jets as part of the Fighter Lead In Trainer-Light Combat Aircraft (FLIT-LCA) program. As part of the Royal Malaysian Air Force’s (RMAF) Capability Development 2055 strategy, Malaysia’s FLIT program plans to purchase 18 light combat aircraft with the first procurement and another 18 jets in the second procurement in 2025.

Read more: https://www.financialexpress.com/defence/indigenous-tejas-aircraft-doing-well-in-malaysias-lca-tender-competition/2663915/

Amazon India offers 50% waiver?on selling fee for new sellers ahead of festive season

Ease of Doing Business for MSMEs:?Ahead of its Great Indian Festival sale during this year’s festive season,?Amazon?India on Monday said it is offering a 50 per cent waiver on selling fee for all new sellers across all categories registering on Amazon.in between?August 28 to October 26?and launching within 90 days from the date of registration. The selling fee is one of the fees paid by sellers for selling goods on the Amazon India marketplace and is calculated as a percentage of the total sales price paid by the buyer.?

Read more: https://www.financialexpress.com/industry/sme/msme-eodb-amazon-india-offers-50-waiveron-selling-fee-for-new-sellers-ahead-of-festive-season/2663728/

Electric vehicles gain traction in three-wheeler segment, share increases to more than 50% of total sales?

India is, slowly but steadily climbing up the EV adoption chart. Though the degree of adoption or even the penetration of electric vehicles may not be at the desired levels, the month-on-month registrations indicate a steady upward trend. It is no secret that two-wheelers are the leaders in this space but as per the JKM estimates, the share of registered electric three-wheelers has increased to a large extent.?

As per the Vahan database, India’s commercial EV market has seen rapid growth in recent years, making up a total of more than 50 percent of all the three-wheelers. And as per the JKM report, around 191.5 lakh EV sales are expected annually by FY2030.?

Read More: https://www.financialexpress.com/express-mobility/electric-vehicles-gain-traction-in-three-wheeler-segment-share-increases-to-more-than-50-of-total-sales/2663686/

Nifty looks set to hit 18160-18600 in near term, Bank Nifty shows upmove; watch out for these levels

FIIs have reduced the index future longs exposure to just 22% of their index future portfolio. In absolute terms, the long build up is significantly lower than what was prevailing in early April and mid August, the last two occasions when NSE?Nifty 50?sniffed at 18k vicinity and turned lower. In other words, as we approach the 18k mark again, there is significantly lower fear of long liquidation pressure from FIIs. Infact, it is the retail segment that is long heavy, having accumulated 72.9% of the longs. This concentration is less likely to lead to a cascading event in Nifty though. This helps to negate the feeling of fear that has kept Nifty indecisive, especially having approached overbought situations.

Read more: https://www.financialexpress.com/market/cafeinvest/nifty-looks-set-to-hit-18160-18600-in-near-term-bank-nifty-shows-upmove-watch-out-for-these-levels/2663300/

VIKAS RANA

National Sales Head - KEE PHARMA | Emcure | Zydus | Medley | Ipca | Alembic | PFIZER CHPD 7 YRS | Alembic | NEON , MBA Marketing, PGDMM, B Pharma ( sBs Univ.), D Pharma.

2 年

Progressive Thought Process. Only Gadkari ji Vision is for Future. Rest all are History Teachers we have Voted for Govt. Life is all about Present & Future. Not about Past. Those Working for Past need not to be on leading Positions.

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