News

Exponent Energy raises Rs 200 crore led by 360 ONE Asset, TDK Ventures

Exponent Energy, a startup that claims to provide 15-minute rapid charging for electric vehicles (EVs), has raised Rs 200 crore ($21.1 million) in a funding round co-led by 360 ONE Asset and TDK Ventures. The Bengaluru-based company plans to use the funds to expand its charging network for commercial electric vehicles across India.

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IIT Madras To Showcase Cutting Edge Deep Tech Innovations At Bharat Innovates 2026 In France

Indian Institute of Technology Madras (IIT Madras) will showcase cutting-edge innovations, deep-tech startups and strategic research initiatives at ‘Bharat Innovates 2026’, an international technology showcase being held in Nice, France, from June 14 to 16 by the Union Ministry of Education.

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SEZ import relief to fast track chip projects

India’s semiconductor manufacturing sector is set for a major boost. New rules exempt imports for Special Economic Zones from quality checks. This will speed up the setup of chip fabrication plants and assembly units. Companies can now import necessary equipment and materials without delays. Compliance with Indian standards will only be required when products enter the domestic market.

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India achieves historic progress in economy, infra under 12 years of PM Modi-led transformative governance

The electronics sector exemplifies this transformation. Exports surged eightfold from Rs 0.38 lakh crore to Rs 3.3 lakh crore, while production expanded six times to Rs 11.3 lakh crore. Mobile phone exports alone skyrocketed 163 times, from a modest Rs 0.016 lakh crore in 2014 to Rs 2.6 lakh crore in 2026. This boom, driven by the “Production Linked Incentive” scheme and semiconductor investments worth Rs 1.64 lakh crore, has created more than 25 lakh jobs and positioned India as global manufacturingHub

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A public goods pivot for Karnataka

We stand at an important juncture in the economic and political trajectory of Karnataka. A new chief minister takes office, opening a window to revisit the state government’s policy strategy. The objective of state policy is to maximise the welfare of the people. This requires an objective assessment of the present situation, identifying constraints, and formulating a coherent strategy for the coming years.

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