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BUSINESS

India-US Economic Ties Expand Beyond Trade to High-Value Sectors: Piyush Goyal

Commerce and Industry Minister Piyush Goyal said the India-US economic relationship is moving beyond traditional trade into investment, manufacturing, technology, innovation and high-value capabilities. During his US visit for the G20 Trade Ministers’ Meeting in Milwaukee, Goyal also engaged with American manufacturing and technology leaders and is scheduled to hold discussions with US Trade Representative Jamieson Greer on the India-US Bilateral Trade Agreement.

CAFE-3 Norms Notified: Govt Retains EV Incentives, Removes Small Petrol Car Concession

The government has notified CAFE-3 norms for automakers, effective from April 2027 to March 2032. The new rules remove the separate concession for small petrol cars while retaining incentives for EVs, hybrids and other cleaner vehicles through a super-credit mechanism.

Indian Railways to Run Month-Long Ticket-Checking Drive Across Central Railway From October 1

Indian Railways will conduct a special ticket-checking drive across the Central Railway network from October 1 to 31. Officials will check concession tickets, reservation quotas, railway passes and group bookings, with passengers required to carry valid tickets and prescribed original identity documents.

NITI Aayog Workshop Focuses on Strengthening Panchayats for Viksit Bharat

NITI Aayog and Assam’s GBSIPRD organised a national workshop on strengthening Panchayats as engines of grassroots development. Discussions focused on decentralised governance, GIS-based planning, digitalisation, capacity building and better implementation of government schemes in line with the Viksit Bharat@2047 vision.

DGCA Issues New Training Framework for Gyroplane Pilot Licences in India

DGCA has issued a new Civil Aviation Requirement (CAR) prescribing ground and flying training for pilots seeking licences in the gyroplane category. The framework is a key step towards introducing gyroplane operations in India, with potential applications in joyrides, air experience flights, agricultural spraying, surveillance and survey missions.

India’s Solar Manufacturing Boom Can Withstand US Trade Measures: Report

India’s solar manufacturing sector has emerged as a major success story, with $16 billion invested over the past 18 months, according to a Rhodium Group report. Despite potential US anti-dumping and countervailing duties, India’s growing domestic solar market could help absorb additional production and support the industry’s expansion.

Pakistan Faces Credit Access Gap as Millions Remain Outside Formal Lending System: Report

Millions of people in Pakistan remain outside the formal credit system despite demand for financing from small businesses, farmers, gig workers and low-income households, according to a report. Technology-driven lending, alternative data and digital financial services could help expand access, but stronger consumer protection, data governance and risk management are also needed.

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