It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
Rajkot-based diesel engine maker, Fieldmarshal Group, will make a small electric car with foreign collaboration that is likely to be priced at Rs 99,000.
Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary
During the month, inflation in vegetables shot up to 35.99 per cent, as against 26.10 per cent in October. Likewise, the prices of cereals and eggs grew at a faster pace of 3.71 per cent.
Pride is all ours and of those who made a beeline to Halls 3 and 5 that showcased indigenous defence technologies at the Make In India Week.
Only power generation grew faster in 2014 than in earlier years.
Historically, the IIP performance has shown little or no correlation to corporate performances.
CEOs have complained that high interest rates have blocked their investment decisions. At the same time, customers are also deferring their purchases for new consumer durables, cars, and homes.
Morgan Stanley Sales & Trading, US, believes the stock is better value for money than others and has a upside as high as 73 per cent. A slowdown in the economy has hit demand and led to a fall in overall consumption in an auto market which till recently was one of the fastest growing in the world.
What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.
In a communication to all states and union territories, the NDMA said due to several weeks of lockdown and the closure of industrial units, it is possible that some of the operators might not have followed the established standard operating procedures.
An industrial house bred in old-school manufacturing values, Godrej & Boyce has displayed unusual agility to become a trusted builder of advanced weaponry, discovers Ajai Shukla.
The $100-billion SAIC would have a dedicated manufacturing facility in India, and would be the first Chinese automaker to do so.
It was in the 1960s that the Beetle attained its cult status, when it became almost synonymous with the hippie movement -- and succeeded in shaking off the grim history of its origins. As Volkswagen announces the end of the Bug's journey, Amrita Singh goes down a nostalgic road.
E-mobility is only one among the several fronts on which Mahindra is waging a battle of aspirations, to future-proof the $19-billion tractor-to-technology conglomerate, says Nikhil Inamdar.
Chinese players form a major part, around 20 per cent of the auto expo this year, despite a slowdown in the Indian automobile sector in the last one year. Over two dozen top officials from various companies were planning to participate in the event, besides a group of journalists.
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
Several exemptions have been given to reduce the cost of raw materials.
A pod-like vehicle, which can touch top speeds of close to 1,200 km an hour, will make this amazing feat possible.
In 2013-14, Tata Motors produced 21,358 Nano models against the plant capacity of 250,000 vehicles.
The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
In October, the general index had declined by 4.2 per cent, while its manufacturing component went down by an even more alarming 7.6 per cent.
'If credit is not available, people will postpone buying. That's what has happened.'
The Powerwall 'will be great for India where there is a scarcity of electricity. The sun is there pretty much all day and there is no real good way to store its energy,' Tesla CIO Jay Vijayan tells Ritu Jha/Rediff.com.
It offers a lease of life to terminally ill patients since heart transplant still remains out of reach for most.
There were 35 defects that still remained to be resolved. Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being commissioned with a full complement of its primary weapon, the torpedo.
What we want from spectrum allocation is access to broadband networks at prices that will result in productivity gains.
The six-seater is built for long journeys, especially when you don't want to waste time and would rather wrap up meetings while, say, on the road to the airport, writes Pavan Lall.
The SpyLite aerial system will help our soldiers in border flashpoints like Doklam and in encounters with terrorists in Kashmir.
'70 years after Independence,' says Kishore Singh, 'we're having to arm ourselves against a new enemy out on the roads to molest, burgle, attack and threaten.'
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
Rajesh Karkera and Hitesh Harisinghani spotted these beauties at the Auto Expo 2018
It expects the Indian market to grow to 10 million units annually by 2030 and it intends to control half the market then, like it does now.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
From the ruins of a Syrian city to shamans, these are just some of the 60 breathtaking images selected as finalists in Smithsonian Magazine's 16th Annual Photo Contest. The magazine received a whopping 48,000 submissions from photographers in 155 countries between March 27 to November 30 2018. The annual contest has gifted us breathtaking pictures from six different categories: Travel, Altered Images, Mobile, Natural World, People, and The American Experience. March 27 is the day when Smithsonian will announce the winner of the Grand Prize. Till then, enjoy some of the amazing work done by the photographers.
Manufacturing sector grows at 3.5%; agriculture sector at 3.8%
India and US on Wednesday night signed a new strategically important 10-year defence framework agreement setting the stage for co-development and manufacture of defence equipment.
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