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Though all such data are quite encouraging, electric two wheeler sales slowed down significantly earlier this year after the govt reduced subsidies provided under the FAME Scheme which is an abbreviation for Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India. In FY24 till December, 6,42,048 units of electric two-wheelers were sold in the country. Considering average sales of more than 60,000 units per month, total sales in the financial year should comfortably cross FY23's sales figures. However, it would still miss Niti Aayog's ambitious target of 1.9 lakh per month sales. EV two-wheelers need more boost? The EV sector initially needed a huge push from the government in its infancy and it did get that. The Indian government brought the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) Scheme, under National Mission on Electric Mobility in 2011/National Electric Mobility Mission Plan 2020, in 2013 to give the sector the necessary boost.

A former Jakarta governor seeking Indonesia’s presidency said democracy is declining in the country and pledged to make changes to get it back on track

Panchayat Mausam Sewa Portal, in English, Hindi and twelve regional languages to help farmers in planning the agricultural activities like sowing, transplantation, application of irrigation, fertilizers, pesticides, etc. It also launched a National Framework of Climate Services (NFCS) that seeks to reduce losses from climate hazards and extreme weather events to commemorate the 150th year of the weather office. The NFCS framework seeks to build a platform for users of climate information and services that will strengthen the production, availability, delivery and application of science-based climate monitoring and prediction services for key sectors such as agriculture, health, energy and disaster management. Talking about the achievements of the weather office Kiren Rijiju, Union Cabinet Minister, Ministry of Earth Sciences said that IMD has improved its forecast accuracy of severe weather events by 40% in the last five years. It has improves the weather observational network in the country in last decade significantly by employing technology. For example, the number of Doppler radars in the country has increased from 15 in 2014 to 39 in 2023, and additional 25 radars will be added in the next 2-3 years. Rainfall Monitoring Stations have increased from 3955 in 2014 to 6095 in 2023; upper air stations have increased from 43 in 2014 to 56 in 2023; High wind speed recorders increased from 19 in 2014 to 35 in 2023.

Lai Ching-te is Taiwan’s president-elect who has vowed to safeguard the Asian island’s de-facto independence from China and further align it with other democracies

renewable energy sector, which has attracted around 16.93 lakh crore of investment since 2014, Union minister R K Singh said on Monday. As much as 80 GW of thermal power generation capacity is under construction which we will have by 2030, Singh told reporters, adding that about 99 GW of renewable energy is under construction, at present. Briefing reporters on new rules called Electricity (Amendment) Rules 2024, Singh said that as much as Rs 16.93 lakh crore has been invested in power and renewable energy sectors so far.

S Jaishakar on Monday met Iran's Minister of Roads and Urban Development and discussed on establishing a «long-term cooperation framework» for Chabahar port, a strategic maritime facility situated on the southereastern coast of Iran. EAM Jaishankar is in Iran as part of the ongoing high-level exchanges between the two sides, according to the Ministry of External Affairs. «Began my engagements in Tehran by meeting Minister of Roads and Urban Development @mehrdadbazrpash.

KYC will get deactivated or blacklisted by banks post-January 31, the Ministry of Road Transport and Highways said on Monday. To enhance the efficiency of the electronic toll collection system and provide seamless movement at the toll plazas, National Highways Authority of India (NHAI) has taken the 'One Vehicle, One FASTag' initiative, which aims to discourage using a single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle. NHAI is also encouraging FASTag users to complete the 'Know Your Customer' (KYC) process of their latest FASTag by updating KYC as per RBI guidelines. To avoid inconvenience, users must ensure that the KYC of their latest FASTag is complete.

Investing.com-- Oil prices retreated Monday as markets awaited new developments in the Middle East conflict, while anticipation of several key U.S. and Chinese economic readings this week kept sentiment on edge.

By Harry Robertson and Wayne Cole

TVS Motor, one of the country's leading two-wheeler makers, surpassed the ₹one lakh crore market capitalisation in today's trade as its shares hit a new peak of ₹2,108.95 apiece. Over the past year, the company's market capitalisation has surged by ₹53,000 crore. Also Read: Nifty 50 advances for 5th straight session, crosses 22,000 mark for first time; Wipro, Infosys, TCS among major gainers The company's shares have been performing exceptionally well on Dalal Street.

Narendra Modi on Monday released the first instalment of ₹540 crore to one lakh beneficiaries of rural housing scheme under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN). PM Modi conducted the event via video conferencing.

Myanmar's Rakhine state, has declared control over the port town of Paletwa, situated on the Kaladan River, sharing borders with India and Bangladesh, as per a Reuters report. This development marks another setback for the military government in its struggle against multiple rebellions across the nation. Myanmar is currently grappling with a widespread insurgency, where anti-junta groups, supported by a pro-democracy parallel government, have successfully taken over various military posts and towns.

One Vehicle, One FASTag initiative to discourage use of single FASTag for multiple vehicles or linking multiple Fastags to a particular vehicle. " The move is aimed at enhancing efficiency of the Electronic Toll Collection system and to provide seamless movement at the toll plazas," the ministry of road transport and highways said in a statement on Monday. «FASTags with valid balance but with incomplete know your customer (KYC) will get deactivated or blacklisted by banks post 31st January 2024,» it said. «To avoid inconvenience, users must ensure that KYC of their latest FASTag is completed,» it added. NHAI has urged FASTag users to comply with ‘One Vehicle, One FASTag’ and discard all the earlier issued FASTags through their respective banks.

The 'Shree Mandir Parikrama,' also known as the Jagannath Heritage Corridor Project, at Odisha's Puri's Lord Jagannath temple is set to be inaugurated on January 17. This initiative, completed by the Odisha Bridge & Construction Corporation (OBCC) and handed over to the Sri Jagannath Temple Administration (SJTA), aims to enhance the visual appeal and surroundings of the iconic Jagannath Temple. Though no changes have been made in the temple, the area within the 75-metre corridor of the boundary wall of the Jagannath temple has been developed to enhance the infrastructural aspects around the temple. The inauguration comes just five days ahead of the Ram temple coronation

AFP. China said it welcomed Nauru's decision to cut ties with Taiwan.

Indian Railways industry is currently enjoying significant growth, driven by its vast network and the expected surge in demand for its services. As the fourth-largest railway network globally, Indian Railways operates over 22,593 trains daily, catering to 24 million passengers and transporting 204 million tonnes of freight across its 68,103 km route and 7,337 stations.

In a first, AI to 'join the ranks' at Army Day Parade: How will it help? General Manoj Pande asserted that today our country stands on the brink of a new era, adding, "We all have set a vision of a 'Viksit Bharat' as our country completes 100 years of independence for which a secure environment is essential and Indian Army plays a vital role in achieving it". The Chief of Defence Staff (CDS), General Anil Chauhan, extended greetings to all the ranks of the Indian Army, veterans, and Veer Naris on Monday.

fixed deposits and physical assets like gold and real estate. Today, four crore unique investors are invested in mutual funds, in a country of 140 crore people, highlighting a large scope for further adoption. Increased awareness of mutual funds is also visible in monthly SIP flows which have doubled from pre-pandemic levels to more than ₹17,000 crore per month (as of Dec 9, 2023).

Mayawati on Monday said that her party would fight 2024 Lok Sabha Elections “alone". Mayawati has not yet joined any of the alliances--the INDIA bloc or the Bhartiya Janata Party (BJP)-led National Democratic Alliance (NDA)--and the crucial 2024 Lok Sabha elections are just a few months away. Mayawati, who had served as the 18th Chief Minister of Uttar Pradesh, turned 68 years old on Monday, said she had no plan to retire from politics.

Yemen in response to the Iran-backed rebel group’s attacks on ships in the Red Sea may be limited, a former U.S. diplomat says.Frank Lowenstein, who served as the U.S.

Unconfuse Me with Bill Gates podcast. Further on robotics and blue-collar jobs, Altman said that he has started investing in robotics companies. "At some point, we will be able to use our models with their language understanding and future video understanding," he added.