New rules to kick in from October 2023, mandate six airbags per car, but increasing domestic manufacturing capacity is crucial if this target is to be met, said the ratings agency.
ICRA Ltd. is probing matters related to a debt rating assigned to a client and its subsidiaries. Credit raters like ICRA are under fire for missing warning signs like the financier’s surging debt load.
Copper is used in electronic vehicles, making pipes and wires, the order to shut the smelter will cut India's production about half, increasing its dependence on import.
Mineral security is no longer just an economic concern but a national security imperative, underpinning the country’s ambitions in clean energy, defence self-reliance, and advanced manufacturing.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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