As per reports, the Talegaon plant has an existing annual production capacity of 130,000 units. The company intends to make phased investments for upgrading the existing infrastructure and manufacturing equipment in the plant.
"Our economic activity index (EAI) now casts GDP growth for Q3:2023-24 at 7 per cent," the report states. Earlier the growth rate was projected at 6.5 per cent
According to BHEL, the equipment for the project will be manufactured at its Trichy, Haridwar, Hyderabad, Jhansi, Bengaluru, Ranipet, Bhopal, Rudrapur and Varanasi plants.
As per a SIAM report, 2,86,390 passenger vehicles were sold in the month of December which marked a 4% Year on Year (YoY) compared to the 2,75,352 passenger vehicles sold in December 2022. However, the number was still short of the 3,34,130 units sold in the month of November 2023.
Announcing the same, the SpaceX and Tesla CEO wrote on the microblogging platform, "(CTO) Chief Troll Officer".
“In 2014, only 248 km of metro rail was operational in India. Merely in nine years, 895 km of metro lines are operational in 20 different cities,” Union Housing & Urban Affairs Minister Hardeep Singh Puri said recently at the Urban Mobility India Conference cum Expo 2023.
Gold prices are likely to rise further on the back of weak dollar and decline in US treasury yields. Dollar and yields have nosedived on anticipation that US Fed will start cutting rates as soon as March 2024.
Banks shall undertake at least an annual review in respect of accounts, where there are no customer-induced transactions for more than a year.
Nearly half of all passenger vehicles (PVs) going from the assembly line to dealers were SUVs, which means more Indians are gravitating towards cars costing Rs 10 lakh or more.
The National Payments Corporation of India (NPCI) have instructed payment apps to deactivate inactive UPI IDs that have not been active for more than one year.
The gross GST collection for April-December 2023 now works out to Rs 14.97 lakh crore which represents a 12 per cent growth over the same period of the previous year.
Like this, the year 2023 happened to be a turbulent year in several sectors with major companies laying off over 2 lakh employees collectively.
One of the biggest drivers behind this divergence was disappointment in China's post-Covid recovery.
To date, during this financial year, the country has crossed $100 billion of electronics manufacturing with a major contribution of $44 billion by mobile phone manufacturing.
Reports say that the world’s richest man is set to arrive in India during the ‘Vibrant Gujarat Global Summit’ on January 10-12 as Gujarat.
Copyright © 2024 - Odisha Television Limited All Rights Reserved.