Some MVA MLAs may switch sides before oath taking

Maharashtra’s political landscape shifts as BJP prepares...

FM urges regional rural banks to onboard customers to digital services

New Delhi: Union Finance Minister Nirmala Sitharaman...

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The Importance of Being Priyanka After the recent...

Nivedita Mukherjee

Hero Motocorp posts highest-ever sales with 19% growth

NEW DELHI Hero MotoCorp recorded its highest-ever festive sales, clocking more than 14 lakh (1.4 million) units in retail sales during the 32-day festive period...

CHARGE+ZONE launches India’s first EV supercharging network

NEW DELHI Electric charging company CHARGE+ZONE has launched India’s first-ever supercharging network for high-speed EV charging. This network places superchargers on major highways and within...

EV motorcycle startup Raptee raises $3 mn from Bluehill Capital

NEW DELHI Premium EV Motorcycle Startup, Raptee to use USD 3 million raised in a Pre-Series A round led by deep-tech VC fund Bluehill Capital....

Online new car purchases in CarLelo up at 150 units on Dhanteras

NEW DELHI Online new car-buying platform CarLelo experienced a surge in sales of 150 new cars during the auspicious occasion of Dhanteras and witnessed a...

Nissan offers intro price on bookings of Nissan Magnite EZ-Shift

NEW DELHI Nissan Motor India (NMIPL) has announced the introductory price offer for all bookings made till 30 November 2023 of the all-new Nissan Magnite...

Proposal on delisting regulations to be presented at SEBI meet

NEW DELHI With India’s advancements in the financial sector and its role as a pioneer in setting global standards, the nation is increasingly being looked...

Piyush Goyal to attend IPEF, Key trade talks with U.S. Commerce officials

NEW DELHI Even as the jury is still out on the prospects and viability of India joining the Indo-Pacific Economic Framework (IPEF) trade talks for...

Indian industry still out of crosshairs, diamond, crude oil trade a lingering worry

NEW DELHI The ongoing conflict in the Middle East, confined mainly to the Gaza region now, has caused only negligible disruption in India’s trade so...

PVs, 3 wheelers in top gear with highest ever sales in October

NEW DELHI A sustained high festive sentiment in India drove India’s automobile wholesales in October 2023 to 23,62,534 units, with passenger vehicles and three-wheelers recording...

Revolt Motors to supply e-bikes for Adani Green Energy

NEW DELHI Electric motorcycle major Revolt Motors has bagged an order from Adani Green Energy Limited (AGEL) for environment-friendly electric motorcycles which will be supplied...

Volkswagen expands regional presence in Ajmer

NEW DELHI Volkswagen India has inaugurated a new touchpoint in Ajmer, Rajasthan as part of its strategy to expand its network to meet the surging...

Hero MotoCorp to enter European market with ICE products

NEW DELHI Hero MotoCorp is planning a slew of strategic initiatives, including expansion of its footprint in electric mobility, enter new ICE vehicle categories and...

Auto sector adopts digitisation and AI for online sales

NEW DELHI Digitisation and AI-enabled vehicle financing platforms are rapidly changing the experience of buying cars, the constituency of buyers, and ushering in seamless and...

Motherson to set up 10 new facilities in India

NEW DELHI Samvardhana Motherson International (SAMIL) is investing and setting up 10 new facilities in India to support customers’ growth in auto and non-auto business....

India offers to work with Lanka on debt restructuring, economic recovery

NEW DELHI India will work closely with Sri Lanka on discussions regarding debt restructuring as well as on the path of its economic recovery, with...

Demand for premium goods may lift consumer durables industry revenue by 8-10%

NEW DELHI The consumer durables sector is set for 8-10 per cent revenue growth in FY24, supported by premiumisation and steady growth in urban demand. This...

India’s services sector sees decline in growth

NEW DELHI After a robust and steady expansion in the post Covid scenario, India’s service economy in October witnessed a deceleration in growth and pick-up...

States MAKE A SHIFT TOWARDS e-mobility

NEW DELHI India’s states are aggressively pursuing the country’s strategic shift towards electric mobility and playing a key role in reducing its dependence on import...

Joy e-bike, Revolt Motors lead charge with strong network expansion

NEW DELHI A focus on delivering fine customer experiences and streamlining supply chain has led to Wardwizard Innovations & Mobility a leading manufacturer of electric...

Mercedes launches GLE SUV, AMG sedan

NEW DELHI Luxury car maker Mercedes-Benz India has launched the new GLE luxury SUV and the AMG C 43 4MATIC performance sedan, further strengthening Mercedes-Benz’s...

Srinagar takes green route with Tata Motors E-buses

NEW DELHI Tata Motors has supplied the first batch of state-of-the art ultra EV air-conditioned electric buses to Srinagar Smart City via TML Smart City...

PPS Motors to deliver 298 BharatBenz buses to Odisha Govt

NEW DELHI Automotive dealer PPS Motors is delivering nearly 300 BharatBenz buses to the Odisha Government as part of the ‘location accessible multimodal initiative’ (LAccMI)....

M&M, Hyundai record rise in sales

NEW DELHI Hyundai Motor India registered total sales of 68 728 units in October 2023, which was 18.48 per cent higher yoy. Total sales for...

Hero Motocorp PATgrows 47% yoy in Oct’23

NEW DELHI Hero MotoCorp reported profit after tax for Q2FY24 at Rs 1,054 crore, reflecting a growth of 47 per cent year-on-year over Rs 716...

India, G7 will discuss supply chain resilience at Osaka trade ministers’ meet

Against the backdrop of a successful G20 summit under its presidency, which has put India’s role as a trusted partner in building an efficient...

7.41 crore ITRs filed for AY 2023-24, including 53 lakh first-time filers

The Income Tax Department’s focus on various measures to ensure ease in compliance of taxpayers and transparent tax administration is reaping a rich dividend...

India Inc revenues estimated to have risen by 8-10% in Q2 of FY24

Revenue of Indian corporates is estimated to have grown 8-10 per cent in the September quarter (Q2FY24), as revenue growth picked up after four-quarter...

India’s concerns validated as US withdraws support for some WTO e-commerce proposals

In what may be seen as a strong validation of India’s long-standing concern related to potential challenges with unregulated digital trade, the United States...

Israel-Hamas war: India’s $12b trade at stake

New Delhi It is not business as usual for Indian industry and trade amidst an escalating Israel-Hamas conflict as businesses and markets gear up for...

Israel-Hamas conflict hits economic corridor plans

New Delhi Escalating tensions between Tel Aviv and Gaza have cast a shadow on the fate of the ambitious transcontinental infrastructure project, the India-Middle East-Europe...

Global headwinds bring down India’s September export growth by 2.5%

New Delhi Sluggish global economic growth and demand specially in major economies like EU, UK and China dragged down India’s exports by 2.5 per cent...

RBI holds rate at 6.50% amid inflation concerns, eyes growth

With economic activity holding up well and expected to be boosted by an expected boost in festive demand conditions, an uptick in investment intentions,...

India’s Economic Rise Shadowed by Surge in Illicit Financial Flows

Illicit trade flows estimated at 20% of total trade in India between 2009 and 2018. India’s rapid progress to emerging as an economic powerhouse finding...

Rising crude prices challenge India’s OMCs amidst upcoming elections: Nomura

New Delhi India’s oil marketing companies are now recording under-recoveries of INR 7.4/litre on the sale of auto fuels and faced the prospect of an...

JP Morgan set to include India in emerging market index

In a significant boost to the Indian economy and the country’s global positioning, India is all set to enter the elite club of JP...

Declining NPAs, improved profitability of NBFCs boost resilience of banking sector

Reinforcing the Indian growth story on a day that saw a JP Morgan move to include India in emerging market index unleashing the potential...

Govt seeks better use of auto sector sops by industry, focus on sustainability

Sustainability is taking centre stage in India’s auto industry, with the sector and the Society of Indian Automobile Manufacturers (SIAM) adopting a transformative path...

Hyundai leads PV mass market satisfaction, dealer viability worries auto retailers

India’s four-wheeler mass market segment is seeing intriguing shifts with Hyundai now spearheading the category, followed by notable entrants Maruti-Suzuki and Mahindra & Mahindra...

Lohum ties up with EV firms for battery recycling

NEW DELHI Indian companies in the auto and battery materials sector are tapping new opportunities in the Nepalese market. Lohum, which is in the business...

National Logistics Policy accelerates India towards economic efficiency

India on track with task force to assess logistics cost, unified logistics platform with over 614 industry players registered New Delhi India may still be trying...

G20 leaders call for digital public infrastructure push

NEW DELHI India’s presidency of the G20 on Saturday spearheaded, what may be seen as, the globalisation of Prime Minister’s clarion call for “Sabka Saath,...

India’s G20 Presidency opens up trade opportunities to African Union as a permanent member

NEW DELHI India’s G20 Presidency on Saturday witnessed a transformative change with the induction of the African Union as a permanent member of the grouping,...

Bilateral: US, India close last WTO dispute

Supply chains, green energy top Biden-Modi talks New Delhi In a major breakthrough for the India-US trade relationship which has long term implications for carrying forward...

Modi, Sunak review FTA, call for ‘balanced,mutually beneficial’ deal

New Delhi With 12 rounds of talks over a Free Trade Agreement done with, India and the UK are optimistic that the remaining issues of...

August auto sales up 9% YoY, monsoon worries linger

The automotive retail industry has advised a cautious stance on dispatches, despite optimism in the dealership network over a robust year-on-year growth of 9...

EVs’ share of auto parts industry turnover at 2.7% in FY23, up 1% yoy

Automobile components industry body ACMA has called for right investments in technology, focus on innovation, robust infrastructure and consistent government support with policies like...

G20 Global Partnership for Financial Inclusion report hails India’s progress

‘UPI delivered more than 9.41 bn transactions worth Rs 14.89 trillion in May 2023’ New Delhi In an emphatic testimony to India’s successful tryst with...

India aims to be global textile hub, targets 7-9% growth

New Delhi The Government is looking at India’s potential to become theworld’s largest textile hub by developing indigenous technol-ogy and textile machines for the Indian...

India’s Q1 GDP surges to 7.8%, economists peg 6-6.2% for FY24

New Delhi Underlining resilience amidst stubborn global headwinds, India’s real gross domestic product (GDP) growth rose to 7.8 percent on-year in the first quarter...

India’s EV adoption to stay suppressed until local EV supply chain develops

NEW DELHI As Tata, Maruti Suzuki and Hyundai increase their local EV (including plug-in hybrids) production in India, growth in sales is expected to accelerate...

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