Automobile exports from India rose by 19 per cent to over 53 lakh units in the last 2024-25 fiscal year driven by robust demand for passenger vehicles, two wheelers and commercial vehicles in the overseas markets. Overall exports last fiscal stood at 53.63 lakh (53,63,089) units as compared with 45 lakh (45,00,494) units in 2023-24 fiscal ending March 31, 2024.
Electric vehicle (EV) manufacturers breathed a sigh of relief after the GST Council on Wednesday night retained the concessional 5 per cent rate on EVs, though they now face competition from small petrol and diesel cars, which will attract a lower 18 per cent levy.
'A bus driver should possess a comprehensive road plan: Toll plazas, major hospitals, road conditions, repairs, diversions, and dangerous areas.' 'Only through such preparation can we save lives.' 'Otherwise, simply sitting in the driver's seat and pressing the accelerator -- anyone can do that.'
Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali
When elephants are identified close to or on the tracks, real-time alerts are sent to locomotive pilots, station masters and control rooms, allowing trains to slow down or stop in time.
Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to dealers in August amid dip in demand with many prospective buyers postponing their buys anticipating a reduction in vehicle prices on account of the new GST framework. The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month.
Maruti Suzuki India on Thursday posted a marginal increase in consolidated net profit to Rs 3,792 crore for the June quarter, with robust overseas shipments compensating for the drop in domestic sales. The country's largest carmaker reported a net profit of Rs 3,760 crore in the April-June period of the previous fiscal year.
The incident was reported at 1 pm to the IGI Airport Police Station, following which fire tenders, local police, and personnel from the Central Industrial Security Force (CISF) rushed to the spot, the official said.
Andhra Pradesh police investigate the cause of a deadly bus fire in Kurnool, suspecting a battery explosion contributed more to the blaze than the two-wheeler's fuel tank. DNA profiling of the charred bodies is underway.
The 19-year-old BMW driver and the 48-year-old Kia driver were uninjured. No other passengers were in either vehicle.
Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers.
Maruti Suzuki and Hyundai Motor India on Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers, aligning with the industry's retail sales projections amid India-Pakistan conflict and a dip in sales of entry-level cars.
'In the January-August period, the share of hatchback in the overall PV industry sales was about 22.4 per cent. In the September-October period, the share of hatchbacks has come down to 20.4 per cent. In just October, their share was just 20 per cent. This is simple wholesale data from industry body SIAM.'
'The delay is high in India, and even higher in the case of electric vehicles.'
A Bengaluru-bound private bus from Hyderabad caught fire in this district on Friday after colliding with a two-wheeler, leaving 20 people dead, most of them charred to death, a senior police official said.
Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.
A fire broke out in huts near the Harbour line tracks in Mumbai's Dharavi area, leading to temporary suspension of train services. No injuries were reported.
After the accident, a passer-by captured a video showing the vehicle with airbags deployed and emergency lights on.
The police sounded a high alert in Delhi. Seven fire tenders were rushed to the spot with police cordoning off the area, the Delhi Fire Services said.
The driver of a Bengaluru-bound bus that caught fire in Andhra Pradesh, killing 20 people, is in police custody. He is accused of fleeing the scene after the collision.
According to sources, a man named Tariq from Pulwama, Jammu and Kashmir, who has been arrested, is said to have given the Hyundai i20 car to Umar Mohammad.
A case of negligence and overspeed has been registered against two drivers in connection with the fatal bus fire that killed 20 people in Kurnool, Andhra Pradesh.
Moments before the collision, Sanjeev Vishwakarma (35), a passenger of Gevra Road-Bilaspur train, was scrolling through his phone, while some passengers were busy chatting, and some were dozing off, unaware that within seconds, their journey would turn into a nightmare.
Spreading risks in sourcing raw materials for electric vehicle (EV) manufacturing is "very critical" and the government can play a key role by enabling access to these from multiple locations worldwide, said Vivek Srivatsa, chief commercial officer at Tata Passenger Electric Mobility, on Friday while stressing the need for faster localisation, especially of batteries.
Mahindra has lifted the veil on this electric marvel, teasing an authentic 7-seater Electric Origin SUV that promises to redefine its segment.
Delhi Police have detained three individuals, including two doctors, in connection with the car explosion near the Red Fort. The investigation is ongoing, with authorities questioning multiple people and examining potential links to a wider terror module.
'Despite assurance from China, none of the companies have received supplies from Chinese sellers.'
The small sports utility vehicle (SUV) segment - comprising models less than 4 metres in length - could witness the "maximum" growth among all categories in the coming months following the recent goods and services tax (GST) rate rationalisation, Tarun Garg, chief operating officer of Hyundai Motor India (HMIL), said.
A Chinese firm this week began trial production of flying cars stated to be the next-generation in the world of transportation, ahead of US firm Tesla and others plans to launch the same shortly.
"My understanding is that the rules are weighted in favour of big cars, even though smaller cars emit fewer emissions per passenger, use less material, and consume less fuel," Bhargava said in an interview with Business Standard.
Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.
Multiple tailwinds for the automobile sector, including a cut in goods and services tax (GST) rates, are keeping analysts bullish on auto stocks from a long-term perspective, even as they see the rally running its course in the near term.
'Primary buyers are commercial taxi and fleet operators and small businessmen.' 'CNG prices have been remarkably stable unlike petrol.'
All eyes are now on November 25, when all the specs, varians and pricing will be made known.
The judgment from a five-judge Constitution bench, led by Chief Justice DY Chandrachud, offers clarity on licensing regulations and is expected to prevent insurance companies from rejecting claims based on the type of licence of drivers involved in accidents.
Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company's last annual general meeting (AGM) ahead if its demerger.
India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.
Tata Motors on Monday announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. The commercial vehicles business and its related investments would be housed in one entity while the passenger vehicle business, including electric vehicles, Jaguar Land Rover (JLR) and its related investments, would be part of the second entity, the auto major said in a regulatory filing. Tata Motors chairman N Chandrasekaran said that Tata Motors has scripted a strong turnaround in the last few years.
Ayodhya resonated with devotional fervour on Tuesday morning as thousands of devotees streamed into the temple town ahead of Prime Minister Narendra Modi's visit to ceremonially hoist a saffron flag atop the Ram temple, marking the formal completion of its construction.
In the aftermath of the Red Fort blast, families identified their loved ones through tattoos and clothing. The blast claimed at least 12 lives and injured many others.
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