India Gifts 15 Electric Cars To Nepal For Global Climate Summit ‘Sagarmatha Sambad'
The vehicles will be used for transporting dignitaries and guests during the three-day global event.
India gifted 15 electric vehicles to Nepal on Sunday to facilitate the organisation of 'Sagarmatha Sambad' (mountain dialogue).
The Nepal government is hosting Sagarmatha Sambad in Kathmandu from May 16-18 on the theme 'Climate Change, Mountains and the Future of Humanity'.
Indian Ambassador to Nepal Naveen Srivastava presented 15 electric vehicles to Nepal's Foreign Minister Arzu Rana Deuba at a function held at Foreign Affairs Ministry, according to a press release issued by the ministry.
The vehicles will be used to facilitate the movement of guests and officials attending the event, which aims to highlight the impact of climate change on mountain regions.
Ambassador Srivastava extended his best wishes to Nepal for the summit and reaffirmed India's commitment to supporting Nepal's progress and development, according to a press release issued by the Indian Embassy.
Foreign Minister Deuba expressed gratitude for India's contribution to the event.
The international summit is expected to draw around 300 participants, including climate experts, environmentalists, government officials, diplomats, media personnel, and stakeholders from Nepal and abroad.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
26 minutes ago
- Mint
Jio-Blackrock will expand Indian stock market, but not a threat to first-generation founders, says Zerodhas Nitin Kamath
ANI Updated 3 Jul 2025, 11:04 AM IST New Delhi [India], : If any company can expand the current market, it is Jio-Blackrock with its huge distribution network, but it will not be a threat to first generation founders noted online brokerage platform Zerodha's Chief Executive Officer , Nithin Kamath, on the social media platform 'X'.Nithin Kamath via his post on 'X' expressed optimism regarding the same. He said, "Many people asked me about Jio-BlackRock getting a stockbroking license. Firstly, this is great news." Kamath further added that, "If anyone can expand the markets beyond the top 10 crore Indians, it's probably Jio with all its distribution might."However, he also raised concerns about the expansion of the Indian stock market. "The biggest issue for the Indian markets is a lack of breadth in participation. We're largely limited to the top 10 crore Indians," he also shared his opinion on what his thoughts are on broking. He believes that Zerodha is not something which is following 'vanity metrics' and the principle online brokerage platform is to 'stay to stay profitable.' "At the heart of our philosophy is to always do the right thing for customers," Nithin Kamath said. Kamath also emphasised that Zerodha's strategy is not to pressure consumers to trade and to make sure that there are no obtrusive notifications, dark patterns, etc., adding that customers who trade less have a better chance of long-term success. However, Nithin Kamath also reflected on the role of other financial services businesses in the sector, who are constantly seeking to grow their business at any cost. "And yeah, I still feel our real competition is going to be more from first-generation founders who are running, breathing, and always thinking about broking. I somehow don't feel it will really come from incumbents. This is not a business where having deep pockets means you have a large moat," said Nithin Kamath. This article was generated from an automated news agency feed without modifications to text.
Mint
27 minutes ago
- Mint
For India's CFOs and Founders, Odoo ERP Event in Gandhinagar Could Be a Strategic Advantage
Gandhinagar (Gujarat) [India], July 3: Running a business today is about more than top-line growth. It's about staying compliant, reducing operational drag, and making decisions based on accurate, real-time data. Yet many Indian companies still depend on disconnected tools, manual workflows, and outdated systems. Odoo Community Days 2025, taking place on 13 and 14 August at the Mahatma Mandir Convention Centre, Gandhinagar, aims to shift this conversation toward smarter, unified business management. Whether you're a CFO, founder, or systems head, the event presents a live working model of how integrated platforms can replace patchwork processes. Odoo, used by over 12+ million businesses globally, brings together accounting, HR, CRM, inventory, and operations into one flexible, open-source suite. Live demos on automating GST filings, ledger reconciliations, and department-level reporting Insights on migrating from legacy systems like Tally or SAP to a unified workflow No-code tools to build approval flows, dashboards, and real-time reports Practical examples from retail, manufacturing, services, and logistics companies This isn't a promotional product showcase. It's a problem-solving environment focused on real business outcomes. Smart Classes by certified Odoo consultants A partner-led exhibition of plug-and-play industry solutions Technical deep-dives for developers and ERP implementers A keynote by Fabien Pinckaers, CEO and Founder of Odoo, on building systems that scale with the needs of Indian enterprises The focus remains on practical implementation, not abstract strategy. Compliance requirements are rising. Operational delays are expensive. And spreadsheets are no longer enough. Odoo Community Days 2025 gives decision-makers the opportunity to evaluate how to upgrade without disruption and how to make business tools a driver of clarity and control. Event Details Odoo Community Days 2025 13–14 August 2025 Mahatma Mandir Convention Centre, Gandhinagar More information: About Odoo Odoo is a global open-source business management platform used by over 12+ million users across 120 countries. Learn more at Note to readers: This article is part of Mint's paid consumer connect Initiative. Mint assumes no editorial involvement or responsibility for errors, omissions, or content accuracy. Want to get your story featured as above? click here!
&w=3840&q=100)
Business Standard
27 minutes ago
- Business Standard
Bosch shares rally 5% to hit 6-month high; regains ₹1 trillion market cap
Bosch Limited share price: Share price of Bosch Ltd. hit a six-month high of ₹33,999, as they rallied 5 per cent on the BSE in Thursday's intra-day on expectation of improvement in demand outlook. The company regained the market capitalisation of ₹1 trillion. The stock price of the auto ancillary company is trading at its highest level since January 6, 2025. It had hit a 52-week high of ₹39,052 on October 9, 2024. The stock recovered 31 per cent from its 52-week low level of ₹25,938.20, which it had touched on April 7, 2025. At 11:49 AM; with market cap of ₹1 trillion, Bosch was trading 4.5 per cent higher at ₹33,925 on the BSE, the exchange data shows. Track LIVE Stock Market Updates Bosch outlook With India's heightened focus on infrastructure development, Bosch is well-placed to capitalize on the substantial growth opportunities. Meanwhile, according to media sources, the Indian government has approved a new mandate requiring all new two-wheelers -- scooters, motorcycles, and bikes -- to be equipped with anti-lock braking systems (ABS), regardless of engine capacity, starting January 1, 2026. This regulation extends the current requirement, which applied only to models 125cc and above, to the entire two-wheeler segment. The move aims to significantly reduce road accidents and fatalities, particularly head injuries, as two-wheelers account for a significant portion of both accidents and deaths on Indian roads. Continuing the company's aim to elevate motorcycle safety, Bosch said that the company introduced MSC - Motorcycle Stability Control for the Indian market reaching a wider group of motorcyclists. According to ICICI Securities, this will provide new opportunity for the ancillary space with annual opportunity size pegged at ₹3,000-₹6,000 crore with major beneficiaries being Bosch and Endurance Technologies among others. Bosch's the NOx sensor line at Bidadi is likely to scale up to 2.1 million sensors by 2027. The company has indicated that this production line is made in India for global requirements as well. However, the company has not applied for a PLI incentive for this product. Exports remain a high-priority business for Bosch in India. It continues to export spark plugs and injectors. With the new NOx line ramping up, the company would start exporting these sensors in due course. While there are multiple global headwinds currently, management expects exports to grow in FY26, Motilal Oswal Financial Services said in the Q4 result update. Sector outlook Government initiatives to address the consumption slowdown by improving disposable income through a reduction in income-tax rates, aggressive interest rate cuts and a favourable monsoon outlook augur well for demand recovery around the festive season quarter of Q2FY26F. Analysts at InCred Equities expect sales volume growth to improve by 240 basis points (Bps) year-on-year (Y-o-Y) to 9.5 per cent for the overall automobile sector, aided by cars & commercial vehicles (CVs), as their demand is most sensitive to interest rate cuts. The Pay Commission benefits to government employees in FY27 to aid in building up this momentum. The 2W demand momentum can be sustained, if not hindered by unfavourable policy moves. About the Bosch Group The Bosch Group is a leading supplier of software, technology and services in the areas of mobility solutions, industrial technology, consumer goods, and energy & building technology. The Group boasts its largest development centre outside of Germany in India, which offers comprehensive engineering and technology solutions.
