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Skill push: Centre to incentivise states, districts to partner industry for local skill planning; AI to map jobs and workers

The government plans to incentivise states and districts to work closely with industry to identify and address local skill gaps, adopting a hyper-local approach to build a future-ready workforce, a senior official told PTI on Monday.Addressing the CII Smart Manufacturing Summit 2025, Secretary in the Ministry of Skill Development and Entrepreneurship Debashree Mukherjee said the…

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Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year

Federal Reserve Governor Stephen Miran speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 10, 2025. Brendan McDermid | Reuters Federal Reserve Governor Stephen Miran on Monday continued his campaign for lower interest rates, telling CNBC that policymakers should disregard the current…

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EV market shift: Chinese-backed brands grab one-third share; Tata-Mahindra retain lead

Chinese-owned automakers are emerging as major players in India’s electric passenger vehicle segment, challenging long-time leaders Tata Motors and Mahindra & Mahindra. In under two years, brands such as BYD, MG Motor and Volvo — all backed by Chinese companies — have overtaken several Korean and German rivals and now account for nearly a third…

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