
Cochin Shipyard to partner Deendayal Port Authority for Rs 16 Bn

GST Cut for Small Cars, Hike to 40 per cent for SUVs and Big Bikes
The 56th GST Council, chaired by Finance Minister Nirmala Sitharaman, has approved major changes to the Goods and Services Tax (GST) structure for motor vehicles, reducing rates on small cars and motorcycles while imposing a flat 40 per cent GST on premium vehicles, including SUVs and large motorcycles.The revised rates, which will come into effect from 22 September 2025, offer relief to buyers of mass-market vehicles, while increasing the tax burden on the premium automotive segment.Key Changes:Small petrol cars with engine capacity up to 1200cc and length not exceeding 4000 mm will now attra..

Tamil Nadu Secures Rs 7 Billion Investment in Germany
Tamil Nadu has received investment commitments worth Rs 7.02 billion during Chief Minister M K Stalin’s visit to Germany, reinforcing the state’s ambition to become India’s leading manufacturing and R&D hub. The deals were secured during the Tamil Nadu Investment Conclave in Germany, part of the Chief Minister’s ongoing European tour.A total of 23 memorandums of understanding (MoUs) were signed at the conclave, representing investments worth Rs 3.82 billion, expected to generate 9,070 jobs. These are in addition to three major MoUs announced earlier — Rs 2 billion from Knorr-Brem..

India to Trial Battery Storage at Coal Plants
India is set to trial the installation of battery storage systems at select coal-fired power plants, as part of a broader strategy to integrate the country’s expanding solar capacity while ensuring a steady and reliable power supply. The initiative, being led by NTPC with support from the Ministry of Power, was announced by Central Electricity Authority (CEA) Chairman Ghanshyam Prasad at the PowerGen India 2025 event in New Delhi.India’s current energy landscape requires thermal plants to scale down output during daylight hours, when solar energy dominates the grid, but increase generation..