India to need 2L staff for EV charging by 2030

Tata Power launched Mumbai’s first MegaCharger hub amid concerns about a skilled manpower shortage hindering EV infrastructure growth. A TERI-MBRDI study emphasizes the urgent need for trained professionals to manage charging stations, highlighting gaps in training and standardization. While public charging points have increased significantly, experts stress that talent readiness must align with hardware deployment…

Read More

‘Erratic behaviour’: Ex-US NSA John Bolton slams Trump’s India tariffs; rejects claim of brokering India-Pak peace

John Bolton has criticized Donald Trump’s tariff policy on India as inappropriate, warning it could strain relations. He also refuted Trump’s claim of brokering peace between India and Pakistan. Bolton highlighted the erratic nature of imposing tariffs on India for Russian purchases while overlooking larger buyers like China, advising India to prioritize long-term ties with…

Read More

US market today: Wall Street drifts near record highs; S&P 500 steady, Dow dips 51 points, Fed rate cut hopes fuel optimism

Wall Street experienced a slight rise, poised for its best week in five, fueled by anticipation of a Federal Reserve interest rate cut. Investor sentiment is optimistic, driven by hopes that the Fed will ease rates to support growth. Mixed global market performance and rising Treasury yields reflect investor considerations of upcoming Fed actions.

Read More

Rare earth push: Domestic magnet production aimed through ambitious plan

The Indian government is formulating fiscal incentives to boost domestic production of rare earth magnets, essential for EV motors, aiming to reduce reliance on Chinese supply. A scheme is being framed to provide targeted support to the industry, covering capital and operational expenditure. This initiative addresses supply disruptions and strengthens India’s participation in global value…

Read More