medical devices
India Invests Rs 7,280 Crore to Boost Domestic Rare Earth Magnet Manufacturing for EVs and Defense
Nov 26, 2025 08:32 pm CST
The Indian Union Cabinet has approved a Rs 7,280 crore scheme to establish 6,000 MTPA manufacturing capacity of rare earth permanent magnets essential for electric vehicles, defense systems, and medical devices. The initiative aims to distribute production capabilities among five globally selected manufacturers over a seven-year implementation period.
GST 2.0 To Kick In From Monday, Goods And Services To Get Cheaper
Sep 21, 2025 05:15 pm CST
Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from Monday as the reduced GST rates on about 375 items come into effect.