RBI booster: EMIs, tenure set to come down for home loan borrowers

RBI booster: EMIs, tenure set to come down for home loan borrowers

Follow Us on Google News New Delhi, June 6 (IANS) The jumbo 50 bps rate cut by the Reserve Bank of India (RBI) will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said on Friday. The decision comes at a pivotal time, as India, now the world’s fourth-largest economy, … Read more

EV booster: Mercedes-Benz, Volkswagen, Hyundai show interest in India manufacturing

Follow Us on Google News New Delhi, June 2 (IANS) Union Heavy Industries Minister H D Kumaraswamy said on Monday that Mercedes Benz, Skoda-Volkswagen (VW), Hyundai, and Kia have shown keen interest in manufacturing their electric vehicles (EVs) in India. The minister further said that the application window for the Scheme to Promote Manufacturing of … Read more

PM Modi gives booster shot to Sri Lanka’s clean energy drive

Follow Us on Google News Colombo, April 5 (IANS) Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake on Saturday participated in the groundbreaking ceremony of the 120 MW Sampur Solar power project, being developed as a joint venture between the two nations. The project in the island’s northeastern Trincomalee district will help … Read more

PLI booster: Cabinet approves Rs 22,919 cr electronics component manufacturing scheme

Follow Us on Google News New Delhi, March 28 (IANS) To make India ‘Atmanirbhar’ in the electronics supply chain, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the electronics component manufacturing scheme with a funding of Rs 22,919 crore. The scheme envisages to attract investment of Rs 59,350 crore, result in … Read more

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