India


Ola gives first glimpse of new e-scooter

Ola gives first glimpse of new e-scooter

(ATF) Indian electric vehicle maker Ola Electric has unveiled its new look high-end e-scooter.The black-matte bike, which is expected to reach speeds of up to 100kph, will be the figurehead product expected to begin rolling off the lines of Ola’s new factory being built in Hosur, in the Indian state …

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India reluctant to cede sovereign rights for global bond indices entry

India holds back entry into global bond indices over tax changes

(ATF) India’s efforts to have its sovereign bonds included in global benchmarks received a setback on Wednesday with the government reportedly postponing the plan because of tax changes sought by the international central securities depositories.International depositories like Clearstream, Euroclear and US Depository Trust insist that India freezes the withholding tax …

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India’s green hydrogen cost parity could be less than a decade away

India’s green hydrogen-fossil fuel cost parity could be less than a decade away

(ATF) India’s latest clean hydrogen move came late last week when Dublin-based Fusion Fuel Green Plc, a green hydrogen tech company, signed a memorandum of understanding with Indian engineering, procurement and construction heavyweight BGR Energy Systems to develop projects in India.The two companies’ first project will include a demonstrator plant …

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Chinese, Indian bonds offer harbour for investors fleeing Treasuries storm

Chinese, Indian bonds offer harbour for investors fleeing Treasuries storm

(ATF) The violent sell-off in US Treasuries has boosted the lure of higher yielding assets such as Chinese and Indian bonds which have historically had low correlation and are offering greater stability.Foreign investors have bought a net $41.5 billion of Chinese bonds since the start of the year, already about …

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Australia to compete with China on rare earths

Australia to compete with China on rare earths

(ATF) In recent years, there has been frequent friction between China and Australia and Australian Prime Minister Scott Morrison has made many statements, pointing fingers at core China interests, according to an editorial published by Tencent.This week Australia stood on China's toes again, by moving to grab a greater share …

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India’s GDP recovery gathers pace but medium-term outlook uncertain

India’s GDP recovery gathers pace but medium-term outlook uncertain

(ATF) India’s economy returned to growth in the December quarter, marking the end of the coronavirus-induced contraction and even gathered pace as consumers and investors shook off the effects of the pandemic. But a slowdown in the rate of capital accumulation as investments remained subdued – growing by a marginal …

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India gains global sway with its vaccine diplomacy

India gains global sway with its vaccine diplomacy

(ATF) Six weeks back when problems at AstraZeneca’s European production plant jeopardised Canadian Prime Minister Justin Trudeau’s plan to vaccinate “every Canadian who wants one by September,” his government had to kick off a global hunt to boost Canada’s lagging vaccination drive.With no local vaccine production, and only about 3.6% …

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India's e-commerce chaos sparks calls for rewrite of regulations

India's e-commerce chaos sparks calls for rewrite of regulations

(ATF) Experts have called for a comprehensive rewrite of India's e-commerce laws – as new reports suggest that Amazon may not be playing by the rule book, and many Indian retailers allege that Amazon India and Walmart-owned Flipkart are harming their businesses by flouting local regulations.The goals, analysts say, should …

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China is India’s No1 trading partner again despite border fallout 

China is India’s No1 trading partner again despite border fallout 

China has re-established itself as India’s premier trading partner again only a few months after a deadly border dispute saw dozens die and trade deals blocked. New Delhi banned 220 Chinese tech apps following last June’s clashes which also left about 150 deals between the Asian rivals in limbo.But this …

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Electric vehicles yet to get the groove in India

Electric vehicles yet to get the groove in India

(ATF) Amid the post-pandemic manufacturing slump that has left the auto industry battling to revive its fortunes, two big announcements came as a shot in the arm for the electric vehicle market in India.The first was news this week that UK auto major Jaguar Land Rover will launch its all-electric …

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