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According to Ayukawa, Suzuki hopes to release its first EV in India and Europe next year after showcasing its mass production model.

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With the economic landscape constantly evolving, the insights from the Economic Survey will be closely watched for their implications on India’s fiscal and economic policies.

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The anticipated budget will likely address these concerns through targeted reforms and incentives aimed at sustaining economic momentum and improving the business environment.

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Nearly half (48%) of Indian households reported a decline in earnings and savings compared to the previous year. Inflation (5.08% in June 2024) is a major contributor to financial stress, straining household budgets on essentials like food, rent, education, and transportation.

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The stand-out trend in mutual funds in the last couple of months has been the return of active equity funds

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Under a strategic partnership, Indian Oil and Panasonic Energy of Japan will investigate the possibility of producing lithium-ion battery cells in India.

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The Economic Survey’s focus on these six key areas reflects a comprehensive approach to achieving sustained economic growth during the Amrit Kaal.

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Of the 13 sectors, auto, pharma, and healthcare were the top gainers. In the auto index, M&M, Tata Motors, and Maruti Suzuki were the major contributors.

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Within deposits, HDFC Bank's current account savings account (CASA) deposits increased by 6.2% year on year in April-June.

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The sister company of JSW Infra, JSW Energy, is likewise looking at acquisitions in the green energy space.

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