The incentives in India’s proposed programme will be distributed through a reverse bidding mechanism. (AI image) India is readying a plan to reduce its acute dependence on China for rare earth minerals. The move comes at a time when China has imposed export curbs on rare earths and Indian industry has raised alarm bells on…
India’s trade deficit with China hit $85.1 billion in fiscal year 2024, underscoring growing economic concerns. Imports from China surged while exports to China fell to just $8 billion. This widening gap highlights India’s deep reliance on Chinese goods across critical sectors like electronics, telecom, solar energy, and electric vehicles. China’s dominance in India’s import…
BENGALURU: TCS’s sequential lacklustre performance can be attributed to deferral of discretionary spends by clients and seasonal effect, CEO K Krithivasan said. He, however, remains optimistic about the prospects for 2025, surpassing the previous year’s performance. He spoke to TOI about H-1B visa matters and the company’s business outlook. Excerpts.TCS is one of the largest…
Hardeep Singh Puri (File photo) NEW DELHI: India’s dependence on traditional fossil fuel energy will reduce to around 30% by 2047, when the country celebrates its 100th year of Independence, petroleum & natural gas minister Hardeep Puri said on Friday.“The transition (to clean fuels) is not a switch which you can turn on and off….