mid a massive surge in the prices of various vegetables and fruits in Lahore and other parts of Punjab province due to devastating floods, the Pakistan government is considering the import of tomatoes and onions from India.
India Energy Storage Alliance report estimated that the EV market would grow at a 36% CAGR until 2026 and the EV battery market at a 30% CAGR. Read the global and national scenario of the progress on EVs here.
The Centre has come out with several policy measures related to consumer protection, textiles, health coverage for transgenders, and more. Here’s a quick roundup.
NDTV rose 5% to hit the upper circuit on Wednesday after Gautam Adani’s bid to take over the news company. The market has called it ‘hostile’ as no discussion, consent or notice was involved.
Apart from being barred from India’s 5G trials, Huawei has faced income tax raids and investigations into the national security ramifications of its operations. Read more on Huawei’s India Troubles.
CBDT has accused Dolo-650-manufacturer Micro Labs, the manufacturer of Dolo 650, of distributing Rs. 1,000 cr. of freebies to doctors to prescribe their medication. Read more about pharma gifting here.
The RBI has sought public comments on the proposal to introduce charges on UPI-based funds transfer and other things.
Subex was locked in the upper circuit of 20% after announcing a collaboration with Reliance. Read more about what the collaboration entails.
5G spectrum auction concluded on 1 August 2022, in which Reliance Jio was the biggest bidder. Here’s all the information you need to know.
On Monday, Axis Bank reported a 91% jump in its net profit at Rs. 4,125.26 cr. in the April-June quarter of 2022. The bank’s key financial parameters showed an improvement with net interest income at a growth of 21% annually and 6% sequentially.
