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Despite dip in value; UPI transaction volume hits record high in August
Unified Payment Interface (UPI) transactions reached a new peak in August, with a 3% increase in volume, totalling 14.96 billion transactions, up from 14.44 billion in July. This marks the highest transaction volume since UPI's launch in April 2016.Read more
DGTR recommends anti-dumping duty on Chinese aluminium foil
The investigation focused on the import of aluminium foil up to 80 microns in thickness, excluding foil below 5.5 microns intended for non-capacitor applications.Read more
India's rooftop solar installations exceed 1 GW in a record first half of 2024
The growth in installations during the first half (1H) and Q2 of 2024 was largely driven by increased residential rooftop solar capacity under the PM—Surya Ghar: Muft Bijli Yojana (PM—Surya Ghar).Read more
Socomec India’s testing lab receives NABL certification
The NABL accreditation is set to benefit all sectors focused by Socomec, including data centres, healthcare, renewable energy, infrastructure, and commercial & industry buildings.Read more
ACE receives 285 special forklifts and 6 rough terrain cranes orders from MoD
This is part of the Make in India initiative.Read more
IIT Madras receives biggest donation of Rs 2.28 billion from Krishna Chivukula
In recognition of his generosity, IIT Madras has named a new academic block the Krishna Chivukula Block. Read more
BorgWarner receives BEV electric orders from global OEMs
BorgWarner’s eXD technology is applicable to all architectures, including front and rear drive units for electric, hybrid and ICE vehicles, and offers a wide range of selectable modes depending on vehicle performance needs.Read more
LICO Materials and Sanvaru Technology join hands to recycle Lithium batteries
This collaboration is focused on closing the loop by recovering critical minerals and supplying them back to battery manufacturers. Read more
A rundown of the global battery recycling market
As the capacity of li-ion batteries increases, the amount of scrap batteries in production are also piling up fast, making battery recycling a focal point for the market.Read more
Servotech receives orders of DC fast EV chargers from BPCL & other OEMs
The project valued at around Rs 200 million will involve manufacturing, supplying, installing, and deploying these chargers nationwide, particularly at BPCL petrol pumps as part of the BPCL E-drive Project. Read more