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PM E-DRIVE scheme: Govt issues new guidelines for EV charging stations; rollout to cover cities and highways

The Centre has unveiled operational guidelines for the rollout of nearly 72,300 public electric vehicle (EV) charging stations across the country, with an outlay of Rs 2,000 crore under the Rs 10,900 crore PM E-DRIVE scheme.According to the Ministry of Heavy Industries, the framework provides a tiered subsidy structure to accelerate the installation of charging…

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Logistics expansion: India emerges as top choice for APAC 3PL firms; sector driven by tech, e-commerce growth

India is fast becoming the top choice for Asia-Pacific (APAC) third-party logistics (3PL) firms looking to expand, with nearly 70 per cent of occupiers planning to increase their footprint in the country over the next two years, a CBRE report revealed.3PL providers handle end-to-end logistics operations for clients, enabling businesses to focus on core activities…

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Food processing push: Global, domestic firms may invest Rs 1.02 lakh crore; job creation in focus

The government said global and domestic companies have signed agreements to invest around Rs 1.02 lakh crore in India’s food processing sector during the four-day World Food India 2025 summit held at Bharat Mandapam in the national capital from September 25 to 28.The Ministry of Food Processing Industries said 26 companies, including Reliance Consumer Products,…

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Trump’s H-1B visa move: End of the road Indians’ American dream? How fee hike may help India retain talent

The H-1B skilled-worker visa programme, which is mainly utilised by the technology sector, has traditionally served as a crucial entry route for foreign professionals. (AI image) US President Donald Trump’s move to sharply hike the fee for H-1B visas to $100,000 has Indian tech sector workers and students in America worried about their future in…

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Stock market outlook: Investors to track RBI policy and US tariffs; FII flows, rupee weakness to influence trend in holiday-shortened week

Indian equities are set for a data-heavy, holiday-shortened week in which the Reserve Bank of India’s policy decision, tariff-related developments and global cues will steer market sentiment, analysts said. Trading will remain shut on Thursday for Dussehra and Gandhi Jayanti.Alongside the RBI’s October 1 rate decision, investors will track key macro data such as industrial…

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Gold rate outlook: Bullion rally may stretch this week; US jobs data, festive demand in focus; analysts warn of profit-taking

Gold rate outlook: Gold and silver prices are likely to extend their rally this week, though late profit-taking could cap gains amid key global economic releases, analysts said.Traders will watch out for PMI data, US non-farm payrolls, employment numbers, consumer confidence, and speeches by Federal Reserve officials for direction, PTI reported.“… we expect the current…

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‘India chooses its own partners’: Russia’s Lavrov on Moscow–New Delhi ties; partnership ‘not under threat’

NEW DELHI: Russian foreign minister Sergey Lavrov on Saturday said the India–Russia relationship remains steady despite Washington’s tariffs and political pressure, adding that New Delhi has made clear it will not be dictated to on foreign partnerships.Lavrov, who was responding to questions on the sidelines of an event, pointed to the resilience of bilateral ties…

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