The tariff removal will lower prices of Harley's large-displacement imported motorcycles, which retail between 14.5 lakh and 45.8 lakh but after the duty cut volumes are expected to remain modest.
The production-linked incentive (PLI) scheme for the automobile sector has created market distortions, excluded innovation-led electric two-wheeler (e2w) makers, and failed to convert cost advantages into export competitiveness, with 77 per cent of export volumes driven by non-PLI models, said a report released by the Centre for Domestic Economy Policy Research (C-DEP) on Friday.
'Headcount expansion is more likely in revenue-linked and product-critical teams than in broad based hiring.'
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
NASA astronaut Sunita Williams retires after 27 years, completing three missions aboard the International Space Station and setting numerous spaceflight records. She is currently visiting India.
Three additional vehicle makers and five more auto component makers will begin availing financial incentives under the production-linked incentive (PLI) scheme for the automobile sector from 2026-27 (FY27) onwards, Hanif Qureshi, additional secretary at the Ministry of Heavy Industries (MHI), said on Wednesday.
A female suicide bomber of the banned Balochistan Liberation Army (BLA) blew herself up at the entrance of the headquarters of a paramilitary force in Pakistan's restive Balochistan province, triggering a prolonged gunfight in which six militants were killed, security officials said on Tuesday.
A truck accident in Arunachal Pradesh has resulted in the deaths of 18 labourers from Assam. The truck, carrying 22 workers, fell into a gorge in a remote area. Rescue operations are underway to find the missing.
'Non-compatible with Western Civilization' is about as vague and jingoistic as it gets and Trump saying this gives full license to his acolytes to go full throttle on making life as difficult and scary as possible for as many non-white people as possible,' notes Sree Sreenivasan.
Festivals also contribute to the rise in overall automobile retail sales, says dealers association.
Electric passenger vehicle (PV) retail sales jumped more than twofold in September with Tata Motors (TaMo) leading the pack having over 6,000 registrations and a 40 per cent market share.
With gains of over 28 per cent, Hero MotoCorp has emerged as the best-performing largecap automotive stock over the past three months. The rally has been driven by an improved outlook for the rural segment, higher demand during the ongoing festival season, and rising affordability following cuts in goods and services tax (GST) rates.
Asim Munir will have to find a well trusted aide to fill the crucial ISI post's when Asim Malik retires soon.
Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players.
The Indian Army's broader reorganisation is inevitable as India's military doctrine adapts to the demands of the modern battlefield.
>The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd).
Following the devastating cloudburst and flash floods that wreaked havoc in Kathua, Jammu and Kashmir, the Indian Army has launched extensive rescue and relief operations.
Having control over both digital media and NGOs, it was easy for the US to topple the government and destabilise Nepal -- to undercut Chinese influence and pressure India, argues Lieutenant General Prakash Katoch (retd).
10 Heroes of the 1965 War which ended on September 23 60 years ago.
Companies typically face challenges in recruiting candidates who are skilled in AI, machine learning and generative artificial intelligence though they have hundreds of vacancies.
Flash floods in Pakistan's Khyber Pakhtunkhwa province have resulted in a significant loss of life, with the death toll rising to 327 in the last 48 hours. The disaster has prompted relief efforts from the army and government agencies.
Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.
The Pakistan army's Bahawalpur Corps has always had a special significance for India as it keeps an eye on the Jaish e Mohammed, explains Rana Banerji, who headed the Pakistan desk at RA&W.
Corporate India is embarking on an ambitious investment drive, with capital expenditure (capex) expected to double to $850 billion over the next five years, according to a report by S&P Global Ratings. Indian power & transmission, airlines, and green hydrogen sectors would spearhead the spending, the report said.
Several Indian Army personnel, including those from the Armoured Corps, Regiment of Artillery, and other units, will be awarded honorary commissions to the rank of Honorary Captain or Honorary Lieutenant ahead of Republic Day 2025. The Ministry of Defence released a draft gazette containing the names of those who will be receiving the honor. This prestigious award recognizes their contributions to the military and signifies their elevation to a higher rank.
Indian astronaut Shubhanshu Shukla stands on the cusp of history as he prepares to set off on a space odyssey, marking India's return to space flight 41 years after his idol Rakesh Sharma orbited the earth for eight days as part of Soviet Union's Interkosmos programme.
Lt Gen Ahmed Sharif Chaudhry, the spokesperson for the Pakistan Army, is the son of a nuclear scientist who was sanctioned by the United Nations and the US for providing information and expertise to al-Qaeda, according to Indian officials. Chaudhry's father, Sultan Bashiruddin Mahmood, allegedly provided insights into nuclear weapons infrastructure and raised funds for a fundamentalist organization linked to the Taliban. Mahmood was arrested in 2001 after admitting to meeting Osama bin Laden but was later released.
The central government on Monday appointed Army Vice Chief Lieutenant General Manoj Pande as the next chief of Indian Army.
Maruti Suzuki India (MSIL) said on Thursday its operations are unaffected by the global rare earth magnet shortage, but added that the situation is "uncertain and evolving". The firm said it is exploring multiple solutions to maintain continuity in operations and will notify stakeholders in case of material impact.
US President Donald Trump on Thursday said he has asked Apple CEO Tim Cook to stop producing iPhones in India, and rather make them in the US.
Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.
However, while Splendor's annual sales surged 31.7 per cent to 3.638 million units between 2019 and 2024, Hero's other models suffered sharp drops.
Hero MotoCorp, a major player in the two-wheeler market, has seen a 9 per cent rise in its stock since the beginning of the month. This increase, driven by the largest motorcycle company by volume, is attributed to expectations of a revival in rural sales due to normal monsoons, government measures to boost consumption, recent market share gains, and a large valuation discount compared to peers. In the near term, the company's volume performance and growth trajectory, particularly in rural markets and entry-level segments, are expected to be key drivers.
The Army Day Parade this year will see participation of an all-girl marching contingent from the National Cadet Corps (NCC) and showcasing of four thematic tableaux, including one based on the force's Mission Olympics Wing.
India will display its military prowess and cultural heritage at the 76th Republic Day celebrations on Kartavya Path in New Delhi. The parade will feature 16 tableaux from states and Union Territories, 15 from central ministries, and a tri-services tableau showcasing the spirit of "jointness" among the armed forces. The event will also include a flypast featuring 40 IAF aircraft and three Indian Coast Guard Dornier aircraft, as well as a display of cutting-edge defense platforms including BrahMos, Pinaka and Akash.
Two important Corps Commands at Multan and Bahawalpur, as also the posts of Adjutant General and Quartermaster General at General Headquarters now stand vacant, reveals Rana Banerji, who headed the Pakistan desk at RA&W.
India will showcase its military prowess and rich cultural heritage on Kartavya Path in New Delhi on January 26 to mark the 76th Republic Day. Indonesian President Prabowo Subianto will be the chief guest at the event, which will also see the participation of a marching contingent and a band contingent from Indonesia. The theme of the parade is 'Swarnim Bharat: Virasat aur Vikas', focusing on the platinum jubilee of the enactment of the Constitution. The parade will feature a number of cutting-edge defense platforms, including BrahMos, Pinaka and Akash, as well as the Army's Battle Surveillance System 'Sanjay' and DRDO's surface-to-surface tactical missile 'Pralay'.
The eastern Ladakh military standoff between India and China began in May 2020 and a deadly clash at the Galwan Valley in June that year resulted in a severe strain in ties between the two neighbours.
We need to equip the Indian Armed Forces, not 'commercial' as Trump wants, but 'operationally' looking at growing Chinese military capabilities, asserts Lieutenant General Prakash Katoch (retd).
'No military offensive by Pakistan will end the insurgency in Balochistan without simultaneous, concerted efforts toward political dialogue to de-escalate tensions.'