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Energy crisis: Lanka awaits Indian nod for new credit line

Energy crisis: Lanka awaits Indian nod for new credit line

Sri Lanka is awaiting official confirmation from India on a new credit line that would allow the cash-strapped nation to have supplies of petrol and diesel for the next four months, Energy Minister Kanchana Wijesekara said on Friday. Sri Lanka is currently facing its worst economic crisis since independence from Britain in 1948. The economic [...]
US is there for India: Biden administration

US is there for India: Biden administration

The US is there for India, the Biden administration has said, reiterating that New Delhi's relationship with Moscow developed over several decades when Washington was "not prepared or able to be a partner of choice" for the Indian government. State Department spokesperson Ned Price's remarks came in response to a question about whether the US [...]
Domestic EV industry to see 10 mn vehicle sales by 2030: Study

Domestic EV industry to see 10 mn vehicle sales by 2030: Study

The domestic electric vehicle industry will cross sales of 10 million vehicles by 2030, with an overall adoption rate of more than 30 per cent across different vehicle categories, says a study. According to a study by Arthur D Little released on Thursday, EV adoption for passenger vehicles is likely to be just 10 per [...]
China lifts two year COVID visa ban on Indians; to allow return of stranded Indian professionals, families

China lifts two year COVID visa ban on Indians; to allow return of stranded Indian professionals, families

Beijing, Jun 14 (PTI) China has announced plans to provide visas to Indian professionals and their families stranded in India for over two years following the strict visa restrictions imposed by Beijing due to the COVID-19 pandemic. Separately, China is also processing requests of thousands of Indian students studying in Chinese universities who have conveyed [...]