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Goldman sees India government curbing investment

BLOOMBERG India’s government will probably scale back on its investment spending in the coming years as it curbs its budget deficit, said Goldman Sachs Group Inc, giving the private sector scope to pick up the slack. With the government of Prime Minister Narendra Modi planning to reduce the fiscal shortfall by about 1.5 percentage points over the next two years, ...

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India demands e-scooter makers return $60m aid for using China parts

BLOOMBERG When India decided to make a concerted push to green the world’s biggest two-wheeler market, a slew of electric scooter startups emerged almost overnight. Now, many are falling out of favor for sourcing parts from China instead of locally. The government is demanding that six companies — including Hero Electric Vehicles Pvt, once India’s top e-scooter maker — return ...

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Sharjah Museums Authority extends its ‘Sharjah Air Station’ exhibition

SHARJAH / WAM Sharjah Museums Authority (SMA) will be extending its ongoing exhibition titled “Sharjah Air Station: A Historical Glimpse of the First Landing” at Al Mahatta Museum. The exhibition initially launched last year to celebrate Emirates Civil Aviation Day and the anniversary of the landing of the first aircraft ‘Hanno’ at Al Mahatta in Sharjah on October 5, 1932, ...

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