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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.

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.

Gold, Silver Prices Fall Up to 1% as US Yields Rise, Geopolitical Tensions Weigh

Gold and silver prices traded lower on MCX on Tuesday, with bullion prices under pressure from elevated US Treasury yields and geopolitical uncertainty surrounding the US-Iran standoff. Gold futures fell 0.33% to ₹1,48,410 per 10 grams, while silver declined 0.93% to ₹2,25,338 per kg.

Assam: ₹778 Cr Investment to Boost Jobs, Farm-to-Industry Value Chain, Says Himanta Sarma

Assam CM Himanta Biswa Sarma highlighted ₹778 crore investment in the state, saying it is creating local employment and strengthening the farm-to-industry value chain. He cited the journey of Assam-grown potatoes into Lay’s packets as an example of local produce reaching wider markets.

India, France deepen space partnership with focus on human spaceflight, start-ups

India and France are advancing space cooperation with focus on human spaceflight, Gaganyaan, microgravity research, astronaut health and space start-ups.

CBDT extends tax audit deadline to Oct 21, ITR filing deadline to Nov 21

CBDT has extended the tax audit report deadline to October 21 and the ITR filing deadline to November 21 for taxpayers subject to audit for AY 2026-27.

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