NHEV reaches out to IREDA, PFC over placing 2,700 EV orders with BluSmart

BluSmart electric cars are parked at a charging station in Gurugram, India, April 17, 2025. REUTERS/Priyanshu Singh | Photo Credit: PRIYANSHU SINGH The Central government-backed National Highways for Electric Vehicles (NHEV) has stopped the process of placing orders for around 2,700 electric SUVs with BluSmart, after the alleged misuse of funds by the co-founder of…

Commerce Dept pushing to expedite export promotion mission amidst global uncertainty

India’s goods exports remained flat in FY2025 at $437.4 billion as continued global slowdown and US President Donald Trump’s reciprocal tariffs affected orders | Photo Credit: VIPIN CHANDRAN To lend support to exporters as they face greater global uncertainty, the Commerce Department is trying to expedite Expenditure Finance Committee (EFC) clearance for the export promotion…