Battery Passports Coming for EV Owners
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🗞️ Cyprus Firms Pledge ₹10,000 Cr in India’s Maritime Sector
Cyprus-based shipping giants have announced India’s largest FDI in the maritime sector — a massive ₹10,000 crore investment to boost ports, logistics, and coastal trade infrastructure.
💬 Expert Take:
“Such large-scale maritime FDI can accelerate India’s coastal trade corridors and help us compete with global shipping hubs,”
— Rajeev Arora, Director, Indian Ports Association
🗞️ EV Owners to Get Battery ‘Passports’
EV owners will soon have battery passports logging battery origin, usage, and health — improving resale transparency and supporting battery recycling.
💬 Expert Take:
“Battery passports are the missing piece for India’s EV ecosystem — they’ll build consumer trust and enable a robust second-hand EV market,”
— Anita Purohit, EV Analyst, Energy Mobility Forum
🗞️ EVs Dominate 3-Wheeler Sales in June
Over 60% of India’s three-wheelers sold in June were electric, highlighting India’s green mobility shift.
🗞️ NHB Tells Housing Finance Cos: Pay Interest on Advance EMIs
The National Housing Bank (NHB) has directed housing finance companies to pay borrowers interest on advance EMIs — ensuring fairer treatment of early payers.
🗞️ Jan Dhan Accounts Will Stay Active, Govt Confirms
The Department of Financial Services clarified no instructions have been given to deactivate PM Jan Dhan Yojana accounts — countering viral fake messages.
🗞️ NBFCs See Retail Loan Surge
NBFCs & HFCs are seeing strong growth in home loans, gold loans, and loans against property this quarter, driven by steady retail demand.
🗞️ Titan Wipeout: ₹900 Cr Hit for Jhunjhunwalas
Titan shares slipped wiping out over ₹900 crore from the Jhunjhunwala portfolio. Brokerages remain mixed on recovery prospects.
🗞️ Govt Busts Viral Fake Scheme
Govt confirms there is no official scheme offering ‘₹1.25 lakh daily profit’ — warning citizens against such frauds.
📊 Market Updates
📈 Sensex: 83,710.20 ▲ +12.91 (+0.02%)
📈 Nifty 50: 25,537.75 ▲ +2.35 (+0.01%)
💵 USD/INR: ₹85.72 ▼ −0.04 (~0.05%)
🛢️ Brent Crude: $70.10 ▲ +0.3%
🪙 Bitcoin: ~$109,500 ▲ +0.8%
🪙 Gold (24K): ₹62,420/10g ▼ −0.1%