Rahul Gandhi unhappy with RJD in Bihar

NEW DELHI: Despite the BJP’s top leadership...

Opposition is invisible in Tamluk: BJP’s Abhijit Gangopadhyay

NEW DELHI: The state-ruling party TMC has...

Industry hopes for better charging Infra

NEW DELHI: Tesla has been exploring the possibility...

Nivedita Mukherjee

Indian OEMs yet to adopt inventory management practice

NEW DELHI: No Indian auto manufacturer till date has implemented just-In-time (JIT) end-to-end in supply chain, a widely adopted inventory management practice in the...

Auto industry sees 24 deals at $357 mn in Q4 2023

NEW DELHI: The Indian automotive industry saw sustained deal activity in the first quarter of 2024 (January to March) albeit with declined ticket sizes....

Industry hopes for better charging Infra

NEW DELHI: Tesla has been exploring the possibility of establishing a manufacturing plant in the country, in lieu of customs duty concessions. Ahead of Elon Musk’s...

Need for India-Bangladesh economic cooperation deal: CUTS

NEW DELHI: India needs exploring partnership opportunities to navigate the changing trade dynamics effectively. Even as Bangladesh and Japan move forward with the signing of...

India calls for balancing energy stability amidst oil volatility

NEW DELHI: India has emphasised the importance of balancing market stability, affordability, with pragmatism and its commitment to support efforts to achieve balance in...

PM’s meeting with gamers sheds light on industry that got Rs 22,931CR as investment in 4 years

NEW DELHI: Multiple courts have now ruled that online games are a ‘game of skill’, as opposed to gambling which is a ‘game of...

Global merchandise trade volume to grow by 2.6% in 2024

In merchandise trade, where exports are concerned, India ranked 17th globally, with a 1.8 per cent share in world trade, amounting to USD 432...

Economists calculate the cost of Congress manifesto, seek roadmap for manufacturing growth

Economists, however, say that a revision of tax rates by the incumbent government is needed. Amidst the emerging slugfest between “Modi’s Guarantee” and the Congress’...

Hyundai achieves record sales

India’s automobile industry’s wholesales in March 2024 of passenger vehicles grew 10 per cent, two-wheelers were up 20 per cent while sales of medium...

We expect merchandise exports at $435-440 bn in FY24: Ajay Sahai

There has been transformation in India’s exports led by the Government’s treatment of exports as a matter of national priority, infrastructure investment, and Prime...

Concerns rise of Chinese capture of India’s EV market because of new policy

Concerns are rising in India’s automobile industry over the government’s recently introduced new electric vehicle manufacturing policy. The policy is perceived as an aim...

Nissan Motor: Plan for 3 new models in Indian market

Nissan Motor Company has announced an ambitious strategy under which, the manufacturer will launch three new models in India and become a hub for...

March’24 PV wholesale growth strong

Passenger vehicle (PV) wholesales are expected to grow 10 per cent yoy in March 2024 to 371,000+ units, but retails to be lower than...

Bank credit growth to agri sector in Feb’24 at 20.1% yoy, industry at 8.6%

The sectoral deployment of bank credit for the month of February shows non-food bank credit registered a year-on-year (y-o-y) growth of 16.5 per cent...

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...

- A word from our sponsors -

spot_img

Follow us