The second round of negotiations for the India-New Zealand Free Trade Agreement (FTA) concluded in New Delhi, marking significant advancements in various trade areas. The third round is scheduled for September 2025 in New Zealand. Bilateral trade reached USD 1.3 billion in FY 2024-25, reflecting a 48.6% growth, highlighting the potential of the economic partnership.
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The Ministry of Environment, Forest and Climate Change announced the expansion of the Continuous Ambient Air Quality Monitoring Stations (CAAQMS) in the Delhi-NCR region. This initiative aims to provide comprehensive air quality data to improve pollution monitoring and policy interventions. A total of 27 new stations are being added, with
The Ministry of Heavy Industries reveals significant contributions of the automobile and capital goods sectors to India's economy, highlighting employment creation and substantial GDP contributions. Key government schemes are underway to enhance domestic manufacturing capabilities and technological advancement in these sectors. Source: Original Link
The Indian government has designated the installation of Electric Vehicle Charging Stations (EVCS) as an unlicensed activity, enabling private entities to set up charging stations based on the Ministry of Power's guidelines. To enhance the public charging infrastructure, the government has allocated Rs.912.50 crore and Rs.
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme has allocated Rs. 1,772 crore to incentivize the deployment of 24,79,120 electric two-wheelers (e-2Ws) by offering upfront purchase price reductions. These incentives, aimed at consumers, are reimbursed to Original Equipment Manufacturers (OEMs) by the Ministry