Electric vehicle retail sales in the country witnessed over three-fold jump last fiscal with two-wheeler offtake leading the segment, according to data compiled by automobile dealers' body FADA. Total electric vehicle (EV) retails reached 4,29,217 units in 2021-22, a rise of three-fold from 1,34,821 units in the financial year 2020-21, the industry body said. Total EV sales had stood at 1,68,300 units in the 2019-20 fiscal, it noted.
India's rapidly ageing truck fleet, with 42% of vehicles over 12 years old, is set to trigger a replacement-driven growth of 3-5% annually over the next five years.
A photo shoot in Jaipur featuring an elephant painted pink has sparked controversy and animal welfare concerns after the elephant's death. The incident has led to calls for stricter regulations on the use of animals in commercial and artistic activities.
Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.
Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.
Arun Jaitley presented the Budget in Parliament on Saturday.
The Renault group is set to significantly expand its presence in India, aiming to establish the country as one of its top three global markets by 2030 through the launch of seven new vehicles, a 5 per cent market share target, and ambitious export goals.
Tesla's Model Y L signals a serious push to disrupt India's luxury EV market with more space, power, and aggressive pricing. Priced just 2 lakh above the standard version, it undercuts expectations significantly.
Tata Motors, India's largest electric passenger vehicle manufacturer, has signed an agreement with ride-hailing company Uber to supply 25,000 electric vehicles (EVs), the company said. The agreement is the largest EV commitment between an automotive manufacturer and a ride-sharing platform in India. Under the agreement, Uber will deploy Tata Motors' XPRES-T EVs by partnering fleet operators in Delhi National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad.
Heavy rains in Bengaluru resulted in ten fatalities due to wall collapses, electrocution, and structural damage. The storm uprooted trees, flooded key areas, and disrupted traffic, prompting authorities to issue a rain alert for the next three days.
German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.
The Delhi government has advised private companies and organisations to adopt a two-day work-from-home policy, make changes to office timings, and urge employees to avail car pooling and public transport to support the fuel-saving efforts amid global uncertainties.
Indian car buyers care more about affordability than technology, keeping ICE vehicles dominant while hybrids emerge as the preferred transition option and EVs struggle in the mass market.
India's electric two-wheeler (e2W) manufacturers have urged the government to extend subsidies under the PM E-Drive (Electric Drive Revolution in Innovative Vehicle Enhancement) scheme beyond March 2026, cautioning that a withdrawal could slow near-term demand even as confidence in long-term electric mobility adoption remains intact.
'It is going to be extremely rapid and anybody who is not there, be it investor, manufacturer, supplier, will miss out.'
Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.
When we took the aaram se test, we found that it did offer huge head and leg room and a wee bit more space than what the prevailing autorickshaws offer.
Maruti will showcase its first concept electric vehicle, the e-SURVIVOR; M&M it's six new EVs, including two futuristic concepts
Renault India has launched the all-new Renault Duster, featuring a turbo petrol engine and advanced features, with dispatches underway nationwide.
Andhra Pradesh is spearheading an ambitious initiative to establish a fully integrated beach sand minerals, rare earth, and titanium ecosystem, aiming to attract over 50,000 crore in investments over the next decade. This move is part of India's broader strategy to reduce its reliance on China for strategic minerals and permanent magnets, with the state preparing a comprehensive rare earth policy and planning specialised industrial clusters.
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
Most owners assume car insurance covers everything, but hidden exclusions can lead to claim rejections and unexpected financial shocks.
Severe storms and heavy rains in Uttar Pradesh's Bhadohi and Budaun districts have resulted in 11 fatalities and widespread damage, disrupting rescue operations due to network outages.
The new four-wheeler (4W) electric vehicle (EV) policy may spur the entry of global majors. The manufacturing policy cuts Customs duty to 15 per cent, given a minimum investment commitment. It calls for a minimum investment of Rs 4,150 crore (about $500 million) for making electric four wheelers (e-4Ws), with manufacturing to commence within three years of approval.
'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
What items did Indian Finance Minister Nirmala Sitharaman make cheaper?
At least 21 people have died in Uttar Pradesh after severe storms and heavy rains caused widespread damage across several districts, including Bhadohi, Budaun, Fatehpur, and Sonbhadra.
Kerala has overtaken more industrialised states in personal electric vehicle adoption, driven by strong middle-class uptake, policy support, and charging infrastructure.
US-based off-road vehicle (ORV) manufacturer Polaris Industries is considering introducing low-speed electric vehicles in India from the Global Electric Motorcars (GEM) portfolio. It had acquired GEM from Chrysler in June.
Bangalore-based Reva Electric Car Company, two-wheeler maker Bajaj Auto and Tata Motors are finalising plans to launch electric vehicles in Europe and the US to take advantage of subsidies these countries are offering as part of their environmental agendas.
The National Investigation Agency (NIA) has filed a chargesheet against 10 accused in connection with the Red Fort area car bomb explosion case, which resulted in 11 fatalities and extensive property damage.
The National Investigation Agency (NIA) has filed a chargesheet against 10 accused in connection with the Red Fort blast, revealing a jihadi conspiracy by Ansar Ghazwat-ul-Hind to overthrow the Indian government and impose Sharia law.
India's peak power demand is projected to hit 270 GW this summer, surpassing last year's record of 250 GW.
Police in Guna, Madhya Pradesh, arrested a 35-year-old disabled man for allegedly concealing over three kilograms of ganja in his electric tricycle.
Signals received from the government in the past one year reflect a state of utter confusion, says Abhishek Tripathi.
Korean automaker Hyundai Motor Group (HMG) is vigorously aiming to establish a robust presence in India's electric vehicle (EV) segment through the introduction of new models and the establishment of charging stations under Hyundai Motor India (HMIL) and Kia India. Euisun Chung, executive chairman of HMG, who is currently visiting India, urged both companies to deliver products that not only meet but exceed customer expectations on time, thus driving the achievement of these growth targets. The group is strategically working to elevate Kia's market share from the current 6.7 per cent to an impressive 10 per cent in India in the near future.
Ritwik Pareek's debut feature film, Dug Dug, offers a brilliant satirical and philosophical exploration of the fine line between faith and foolhardiness, observes Sukanya Verma.
Future strategy will not just revolve around EVs: Maruti Suzuki's Ayukawa. Maruti Suzuki's MD&CEO says electric vehicles cannot be a solution outside the cities.
A fire in a Delhi residential building resulted in nine deaths, with central locking systems and iron grills hindering escape efforts. The fire, suspected to have been triggered by an air-conditioner blast, trapped residents and complicated rescue operations.
Suzuki will produce EVs for the Indian market and will supply some of them to Toyota, which will provide technical support.