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India, the world’s third-largest energy consumer, is making significant strides towards becoming a premier manufacturing hub for electric vehicles (EVs). The Indian government has introduced a new scheme aimed at attracting foreign investments and accelerating the adoption of EVs, with a particular focus on enticing global players such as Tesla. This policy framework, coupled with Tesla’s potential entry into the…
In 2024, Indian business magnate Gautam Adani and Uber CEO Dara Khosrowshahi initiated discussions aimed at fostering a strategic partnership to expedite the adoption of electric vehicles (EVs) in India. This collaboration holds significant promise in revolutionising the landscape of mobility within the country. Let’s delve into the nuanced details of this exciting venture and its far-reaching implications. A Prelude…
RoDTEP ( Remission of Duties and Taxes on Export Products ) RoDTEP, or Remission of Duties and Taxes on Export Products, is an acronym. It went into effect on January 1, 2021, replacing the previous MEIS (Merchandise Exports from India Scheme). Getting refunds for embedded taxes and levies that were previously non-recoverable is the main goal of RoDTEP for exporters.…
The concept of the Pink Tax has gained significant attention in recent years, shedding light on the pricing disparities based on gender. This phenomenon refers to the extra amount women often pay for everyday products and services compared to men, perpetuating gender stereotypes and contributing to economic inequality. In this article, we will delve into the understanding of the Pink…
The journey of Dilkhush Kumar and Siddharth Shankar Jha, the founders of RodBez, is one of remarkable determination, innovation, and resilience. Born and raised in Bihar, Dilkhush Kumar’s early struggles, including his responsibilities due to his rural background and marriage at a young age, did not deter his dreams of creating something impactful. His entrepreneurial spirit led him through various…
Any discussions regarding Virat Kohli’s selection for the ICC T20 World Cup 2024 would be speculative. Virat Kohli, a formidable force in international cricket, has had an illustrious career and remains an integral part of the Indian cricket team across formats. However, in the world of sports, particularly cricket, selection is contingent on form, fitness, and team dynamics closer to…
The idea of the global value chain (GVC) is crucial in forming economies, industries, and companies in the connected world of today. Comprehending this complex web of production, distribution, and consumption is essential for businesses hoping to prosper in the global economy. Let’s investigate the elements, significance, and ramifications of the global value chain as we go deeper into its…
International tax cooperation is becoming increasingly necessary in today’s globalised economy, when enterprises operate across borders and transactions cross national boundaries. International cooperation frameworks have been established by nations to tackle the problems caused by tax evasion, avoidance, and other illicit financial activities. The Convention on International Tax Cooperation stands at the forefront of this endeavour. What is the International…
PM Modi laid the foundations for three semiconductor projects worth a combined Rs 1.25 lakh crores. 1. Tata Semicon Fab – Dholera, Gujarat. 2. Tata OSAT – Morigaon, Assam. 3. CG Power OSAT – Sanand, Gujarat. India’s trajectory in semiconductor manufacturing is gaining momentum, bolstered by strategic initiatives aimed at positioning the nation as a prominent player in the global…
India’s ambitious goal of achieving a $5 trillion economy is underpinned by strategic reforms, resilience, and unwavering determination. This pursuit embodies a vision of prosperity, inclusivity, and global influence, with the government driving initiatives to stimulate macroeconomic growth and foster micro-level welfare. Macroeconomic Growth Strategies: The government’s roadmap emphasises policies aimed at stimulating investment, boosting productivity, and enhancing economic output.…