Narrative gets stronger of BJP-TMC ‘tie-up’ in Bengal

Kolkata: “Eta khub kothin” (It is very...

Mamata cracks whip on Abhishek’s cheerleaders

Kolkata: Last week, the Trinamool Congress steamrolled...

CBI charges five in RG Kar financial scam

New Delhi: The Central Bureau of Investigation...

Nivedita Mukherjee

Rising services exports may push India’s CAD into surplus territory

It’s raining external bounties for India as the economy closes financial year 2023-24 on one of the best growth narratives this fiscal – resilient...

Joy e-bike builds 750+ distributors, showroom network

In a move towards furthering electric mobility beyond metro cities to tier 1 and 2, Wardwizard Innovations & Mobility one of the leading manufacturers...

Ultraviolette forays into Europe, unveils F77 e-w in Istanbul show

Ultraviolette Automotive, an electric vehicle platform and battery technology company, has entered the European market, jointly showcasing its F77 performance electric motorcycle at the...

Experts call for standardised criteria in OEM financing

The Small Industries Development Bank of India (SIDBI), has unveiled six de-risking measures to accelerate India’s electric two and three-wheeler adoption to reduce investors’...

India, Bhutan for hydro, solar, green hydrogen projects

In a significant upgradation of India-Bhutan bilateral economic relationship, Prime Minister Narendra Modi and Prime Minister Dasho Tshering Tobgay have set the stage for...

Non-food sector credit growth seen over 12 %

The relatively better performance of the Indian economy with 7.6 per cent projected growth in FY24 -- compared to other major economies -- driven...

Capex, pvt investment, strong macros put India in a bright place in FY25

India looks set to close an eventful financial year 2023-34 (FY2024) with the economy growing above 8 per cent for three consecutive quarters, reaffirming...

Govt okays e-vehicle policy, promotes domestic production

The Government’s approval of an electric vehicle policy to promote India as a manufacturing destination for EVs with the latest technology marks another significant...

M&A, private equity deals values decline 77% in Feb 24

Mergers and acquisitions and private equity activity in India took a backseat in February 2024 with the country witnessing 144 deals amounting to USD...

As shipping disruptions hit 5-month mark, businesses gear up for adverse impact in FY25

Amidst Red Sea shipping disruptions hitting the five-month mark, India may well have countered the formidable tide with the highest monthly merchandise exports of USD...

India logs highest monthly export growth of 11.86% in Feb

India continued to defy a daunting and persisting set of global challenges to world trade well into 2024, to post a robust export performance...

Auto majors focus on women-friendly vehicles

The Indian auto industry is increasingly focusing on women welfare programmes with companies enhancing representation of women in the workforce, supporting financial inclusion, developing...

PVs steal Feb sales, march with highest sales ever

Indian auto retail posted robust overall growth in February 2024, with 13 per cent year-on-year growth across all vehicle categories, led by 13 per...

India’s domestic air passenger traffic may grow 8-13% in FY’24, to 150-155 mn: ICRA

Building on the fast-paced recovery in FY2023, India’s domestic air passenger traffic is expected to grow by 8-13 per cent in FY2024, thus reaching...

RODTEP extension will combat global snags

The extension of the remission of duties and taxes on exported products (RODTEP) scheme to include exports from special economic zones (SEZs) and export-oriented...

Financial inclusion, maternal health instrumental in poverty reduction

Niti Aayog member Arvind Virmani sees Government proactiveness resonating in financial inclusion. The public sector was told that they must connect to everybody. The...

International reports on India’s multidimensional poverty are junk: Economist Arvind Virmani

Global reports on multidimensional poverty which do not factor in measurement of India’s wealth in terms of land and value of agricultural land, housing...

Centre’s GST collection at Rs 168,337 cr in Feb records 12.5% yoy growth

Demonstrating continued growth momentum and positive performance, India’s Goods and Services Tax (GST) revenue collection at Rs1,68,337 crore for February 2024, marks a robust...

Factory output, sales at 5-month high in February

India’s manufacturing growth continued its uptick in February, with factory production and sales reaching five-month high led by strongest expansion in exports since May...

Indian bus industry to achieve Rs 104,000 cr value in 2026

The bus industry in India is projected to achieve a value of Rs 104,000 crores in 2026, with a compound annual growth rate (CAGR)...

Skoda’s warehouse earns top certification, aimsat RE100 benchmark by 2025

Škoda Auto Volkswagen India Private Limited (SAVWIPL) has been recognised as the first automaker to receive the prestigious Indian Green Building Council (IGBC) Platinum...

Hyundai registers 6.8% more dispatches in Feb

Honda Cars India (HCIL), registered monthly domestic sales of 7,142 units in February 2024 with a strong growth of over 17 per cent in...

Red Sea crisis hits Indian exports substantially

Even as the National Statistics Office (NSO) data on GDP growth for the third quarter of financial year 2023-24 (3FY24) underlines moderation in both...

FY 2024 GDP growth seen up at 7.6%

The Indian economy is on a bull run, with its gross domestic product (GDP) roaring ahead in the October-December period or the third quarter...

Sona with 1st auto PLI certification set to be key beneficiary of scheme

Sona BLW Precision Forgings (Sona Comstar) has become the first automotive component manufacturer to receive certification under the Government’s Auto Production Linked Incentive (PLI)...

SIAM partners with S Asian auto forum to expand trade

India’s automobile trade is set for major expansion in South Asia with the Society of Indian Automobile Manufacturers (SIAM) along with the Bangladesh Automobiles...

Indian EV companies slash prices to boost sales

India’s premier electric vehicle players have made a groundbreaking move by slashing prices on their electric scooter models, effectively bridging the affordability gap. This...

India to take up CBAM, E-commerce issues

Ahead of the 13th WTO Ministerial Conference (MC13) to be held in Abu Dhabi from 26th to 29th February 2024 in Abu Dhabi, United...

‘India has experienced 18% higher growth rates in Modi years’

The study has been conducted by using high-resolution daytime satellite imagery data on built-up surfaces. A study of the growth rates at local levels using...

We want to introduce people to newer forms of modern data: Shamika Ravi

‘The story here is not a political one. It is beyond politics. It is a story of India’s growth and development.’ Shamika Ravi, member of...

Mobility Push to lift Auto sector in 2024

The automobile industry is looking to the Government’s strategic focus on mobility in Budget 2024, to help in continuing with the overall growth momentum...

CII launches guidelines on appointment of independent directors

In an important initiative towards building good corporate governance, the Confederation of Indian Industry (CII) has launched the “CII Guidelines on Appointment of Independent...

India’s merchandise up 3.12% yoy in January 2024

The Red Sea is a busy corridor for India’s sea trade to Europe and the US and any disruption can have significant consequences. January...

Budget pushes for capex of Rs 11.1 TRN, 3 rail corridors

Finance Ministers’ governance, development performance mantra. The Interim Budget 2024, in keeping with legacy of such past exercises, would have been just a temporary financial...

EV sales up in 2023, Govt gives Rs 5,790 crore subsidy

The sale of electric vehicles has registered a growth of 49.25 per cent during the last calendar year, 2023 and the Government has given...

Indian toy industry imports decline 52%, exports rise 239% in FY23

A conducive manufacturing ecosystem created by the Government for the toy industry has resulted in 52 per cent decrease in overall import of toys...

DPIIT recognises 117,254 startups in Dec 2023

Sustained efforts by the Government to build a strong ecosystem for nurturing innovation have led to a substantial increase in the number of startups...

Auto Industry to play key role in India’s Rise

Over 800 exhibitors from 50+ countries participated at Global Expo 2024 Prime Minister Narendra Modi has underlined the pivotal role of the mobility sector in...

Mahindra, Force Motors, Honda’s mobility innovations showcase ‘Make in India’ strength

The Government’s mission of Make in India for the World’ reflected strongly at the Bharat Mobility Global Expo 2024 with the automobile industry witnessing...

Hyundai, Tata Motors January sales post profits

Hyundai Motor India has started the year 2024 by posting robust total sales of 67 615 units in January 2024. The company registered highest...

Deloitte India expects growth could be as high as 7.2% this fiscal yr

India’s economic outlook appears optimistic as the country heads into a new year, with near-term growth potentially around 6.9 per cent-7.2 per cent, according...

Mercedes to exihibit concept EQG, GLA for SUV segment

Luxury carmaker Mercedes-Benz India will also showcase an exciting product range comprising concept and production SUVs at the ‘Bharat Mobility Show 2024’ in New...

Auto industry seeks stability in Budget 2024

India’s automotive industry is banking on the Government’s continued thrust on policy stability, spurring investment and infrastructure development in Budget 2024 which have, as...

Govt may expand PMJDY, raise capex outlay by 16.5 % in FY25

When Finance Minister signalled the final stage of preparations for the Interim Union Budget 2024 with the commencement of the Halwa Ceremony on 24...

FIEO seeks higher allocation for MAI, AEPC single GST across MMF chain

Ahead of the Interim Budget 2024, Indian exporters have sought from the Finance Ministry, budgetary support for conducting research and development (R&D) activities through...

PM GatiShakti boosts Ayodhya bypass project

The PM GatiShakti Plan is set to spur the project planning and implementation of Ayodhya Bypass Project to facilitate economic, social, and logistics connectivity...

UNCTAD worries over global trade; CRISIL assesses India’s sectoral impact

The United Nations Conference on Trade and Development (UNCTAD) has expressed concern over the escalating disruptions in global trade stemming from geopolitical tensions that...

Hyundai acquires GM’s plant, unveils CRETA

Hyundai Motor India (HMIL) has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra post fulfilment of certain...

FAME Extension, Lower GST, Robust Charging

Riding high on sustained growth and affordability, the Indian automotive industry, among various segments, is optimistic about the Government continuing to provide incentives and...

India’s passenger traffic surpasses pre-COVID levels with 20.6% YoY Growth

India’s aviation sector posted a robust 20.6 per cent year-on-year increase in total air passenger traffic from April-October 2023, exceeding the pre Covid years,...

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