The below 50 HP segment accounts for nine out of 10 tractors sales sold in India, the world’s largest tractor market by volumes, and this relaxation, if implemented, will be a substantial relief for tractor makers. At present, tractors below 50 HP fall under TREM IIIA emission norms, while those above 50 HP follow TREM…
The Prime Minister’s Employment Generation Programme (PMEGP), now in its 17th year, provides loan subsidies to traditional artisans and unemployed youth to float small non-farm ventures. The Centre covers up to 35% of the project cost, with the rest financed by banks. This year, the scheme sanctioned just ₹1,455 crore till 7 October against ₹12,316…
Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up. Hybrid sales are rising overseas, Indian automakers are preparing a range of hybrid launches, and there is growing pressure to tax hybrids on par with electrics—all…
Last week, 46 independent filmmakers came together to call for fair and equal opportunities for their films, typically made on shoestring budgets without mainstream stars, to be shown in cinemas across India. This came on the heels of the limited and inconvenient showtimes given to the film Agra, which director Kanu Behl had publicised on…
NEW DELHI: The much-anticipated amendments to the atomic energy and nuclear damage laws are expected to be taken up in the upcoming winter session of Parliament. Mint explains the move to open up the strategic sector to implement the government’s plan to achieve 100 GW of nuclear power generation capacity by 2047 from the current…
On the evening of 31 October, one such baraat wound its way into a Chhatarpur farmhouse in New Delhi. But this one came with a twist—the bride, groom, even the guests, weren’t real. There was no priest or legal ceremony, and the wedding outfits were rented. Most of the guests were there for the brand…
Companies are scrambling to assess the impact of India’s biggest labour reform on costs and salary structures with their compensation, finance and human resources teams. The Centre on Friday notified four new labour codes consolidating 29 laws, expanding basic social security and minimum wage guarantees across the labour landscape. Over the weekend, employers worked on…
Talk to single people in their 20s and 30s and chances are they will shudder at the mention of dating apps. There are social media pages dedicated to ‘Tinder Nightmares’ while men are infamously left defeated by a hugely skewed sex ratio and women swear they run into the same ‘situationships’ on the apps every…
Brands are increasingly using Black Friday to push discounted inventory during the typically quiet period after Diwali and before winter sales begin in late December, and luring shoppers with attractive offers. “The Indian consumer always likes great prices. It’s a good way for brands to liquidate what they need to before end-of-season sales. Discounts do…
Tim Cook seems like a nice problem for Apple’s board to have. Since he took over from Steve Jobs in 2011, the iPhone-maker’s boss has lifted annual sales from $108bn to $416bn, operating profit from $34bn to $133bn and market capitalisation from around $350bn to $4trn, equivalent to roughly $700m for every day of his…