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Weekly Voice - Business - News Image
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BusinessDec 12, 2024 06:03 PM

India can set global benchmark for sustainable mobility with EV goals: Report - Weekly Voice

New Delhi, Dec 12 (VOICE) With EV sales reaching 1.2 million and achieving 5 per cent market penetration in FY24, the shift toward electric mobility is rapidly gaining momentum in India, a report said on Thursday, adding that right policy support and faster decision-making can help in fostering collaborations across stakeholders.EVs are emerging as a transformative solution, in line with India's COP26 commitment to transition to 100 per cent zero-emission vehicles by 2040. According to the KPMG ...Read More >

Techcircle - Technology - News Image
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TechnologyDec 03, 2024 03:01 PM

The future of AI in banking: What's next for India's financial sector

Artificial Intelligence (AI) is revolutionising banking by doing more than just improving operations. Generative AI is leading this change, offering innovative tools that enhance customer engagement and support smarter decision-making. A KPMG report from April highlights that 71% of financial organisations globally are using AI, with 41% applying it extensively. Advanced economies like the US, Germany, and Japan are leading in AI adoption, while emerging markets show mixed progress. China and In ...Read More >

mint - Business - News Image
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BusinessNov 18, 2024 05:01 AM

After a four-year run, windfall tax nears end of the road

New Delhi: The Centre has decided to scrap the windfall tax, a levy imposed on local production of crude oil and exports of petrol, diesel and jet fuel, at a time of subdued oil prices. A decision to this effect has been taken at the top level in the government, and the finance ministry may shortly issue an order, two people familiar with the development said. Windfall tax was imposed in 2022, as a surge in oil prices to multi-year highs in the wake of the Russia-Ukraine war allowed oil and ga ...Read More >

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