Gold-silver ratio indicates more upsurge possible for the white metal.
The trade impact of the coronavirus epidemic for India is estimated to be about 348 million dollars (approximately Rs 25 billion) and the country figures among the top 15 economies most affected as slowdown of manufacturing in China disrupts world trade, according to a UN report. Estimates published by United Nations Conference on Trade and Development on Wednesday said that the slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a 50 billion dollar decrease in exports across global value chains.
Exports help sector muddle through economic slump.
Leading carmakers Maruti Suzuki and Hyundai witnessed a double-digit drop in sales in October on account of the global semiconductor shortage impacting production. Kia India, Honda Cars and MG Motor also saw a fall in dispatches last month as compared with October 2020. However, companies like Tata Motors, Mahindra, Nissan and Skoda managed to post positive numbers last month despite the supply chain challenges.
"I am visualising a "Virtual Collaborative GRID for Aerospace and Automotive Research and development" to enable design (become) reality -- a product life cycle management framework that will enable India realise its vision for the manufacturing sector and become competitive in the defence and the commercial market of aerospace and automotive sector," Kalam said in Chennai.
MotorOctane took this fun bike for a spin around a fun place -- Imagica Adventure Park -- to tell you more about it.
Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent fall in wholesales to 153,149 units in December 2021 as against 160,226 units a year ago.
Using VR headsets, customers can go on virtual tours on the automobiles, and operate almost all aspects of the XUV 500 and the Alturas G4 without even getting into the vehicle, reports Rajesh Karkera/Rediff.com
To merge arms, sell stake in combined entity to CIE for Rs 770 cr; to use proceeds to buy 13.5% in Spanish firm for Rs 740 cr
The government on Friday announced several relief measures including deferring one-time registration fee, lifting the ban on purchase of petrol/diesel vehicles by its departments and allowing higher depreciation, but it remained non-committal on the demand for a reduction in GST rates.
The growth momentum that started during the festival season is likely to sustain in the new year, reports Arindam Majumder.
'It won't help being complacent about the momentum and valuations of equities that currently exist.'
High performance supercar will be assembled in Caparo's upcoming Chennai plant, small car in two years.
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
India witnessed 22 initial public offers worth over $2.5 billion in the first three months of 2021 amid "high momentum" in the country's capital markets and the trend is likely to stay bullish in the current quarter also, according to a report. Leading consultancy EY India's IPO (Initial Public Offer) report released on Wednesday showed that consumer products and retail, diversified industrial products, automotive and transportation were the most active sectors in terms of the number of IPOs in the 2021 first quarter. The IPOs include both in the main as well as SME (Small and Medium Enterprise) markets.
India can be the new global manufacturing hub for small cars with BRIC countries, says PricewaterhouseCoopers.
Consumer sentiments have been dampened due to several factors like tight liquidity, high insurance, and high costs
Self-driving cars could appear on roads by the end of this decade.
In 2011, travel and tourism generated $2 trillion globally.
The performance of the auto component industry was impacted by moderation of vehicle sales in India in 2011-12.
Hero MotoCorp, Honda Motorcycles, Scooters India, TVS, Honda India, Toyota Kirloskar Motor, Ford, Nissan, Ashok Leyland are all giving the Auto Expo a miss this time.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
95 per cent of advertising inventory has been sold on television and 18 on-air sponsors have been signed up so far, the highest for any season.
Indian auto component industry is expecting a slowdown in growth to 12-15 per cent in 2011-12 from over 34 per cent in the previous fiscal, Automotive Component Manufacturers Association of India said on Tuesday.
The latest trade mission is a part of Victorian government initiative, Trade Engagement Program -- India, specially designed to strengthen trade relations with the subcontinent, according an official statement.
India's Auto Expo is considered to be among the biggest motor shows in the world.
Ford EcoSport is undoubtedly, the most successful launch, the Indian automobile industry has witnessed in 2013.
Look out for Automotive Check out Axles, Concor, Gujarat Ambuja, Anant Raj Industries
Amit Bansal discusses the emerging trends in the engineering sector.
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
The first leg of the 35-day festive period, which ended with Dussehra, failed to bring any cheer for auto companies. While makers of passenger vehicles struggled to meet demand due to the persistent shortage of semiconductors, a recovery in demand remained elusive for two-wheeler manufacturers despite offers and schemes. The overall season, which ends two days after Diwali, is unlikely to bring any turnaround in either the supply or the demand scenario, said dealers and officials at auto companies.
India Inc's hiring outlook has become the weakest in the past eight years in the Asia-Pacific region, even as job losses have emerged as a critical concern.
With an ageing workforce, increased openness (as opposed to insular ideas earlier) and positive inclination towards India-centric outsourcing, things have never looked better -- Japan is now becoming a land of rising opportunities for people who love challenges.
Tata Motors Managing Director Karl Slym tweeted that it's a backward step.
Are any of the new scooters good to compete with the Honda Activa?
According to Nasscom, engineering services exports had grown at 13 per cent in 2017 compared to six per cent rise in IT services exports and eight per cent in business process management (BPM). It had also recorded the highest growth in the last three years, reports Debasis Mohapatra.
