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Japan’s Musashi Seimitsu and Log9 Materials partner to offer EV powertrain and battery solutions

Japanese firm Musashi Seimitsu Industry, the parent company of Musashi India has announced a strate…

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Domestic commercial vehicle industry to see 4-7% dip in volumes next fiscal: Icra

Domestic Commercial Vehicle (CV) volumes are expected to dip 4-7 per cent year-on-year next fiscal …

PTI   


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Airport industry to see profit before tax of $1.3 billion this fiscal

"The topline will grow due to an increase in aeronautical revenue along with the receipt of…

PTI   


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Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment

Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…

PTI   


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DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report

The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals wo…

ANI   


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India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030

India's power generation and transmission sectors are poised for substantial growth. Also, India's …

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Russia says Putin won't die in a plane crash because their domestic aircraft 'are very reliable vehicles'

Recent aviation accidents had claimed the lives of Iran's president and Malawi's vice president.

Kwan Wei Kevin Tan   


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Electric vehicle sales rose 55.2% to 1.79 lakh units in July: FADA

The electric two-wheelers sales during the previous month stood at 1,07,016 units, up 95.94 per…

PTI   


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EV sales expected to grow by over 65% in 2024, double its overall market share

Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…

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Domestic passenger vehicle wholesales rise 2.57% in July: SIAM

Two-wheeler domestic wholesales were down at 12,82,054 units last month, as against 13,81,303 u…

PTI   


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Ashok Leyland bags single largest order of 2,104 fully built buses from Maharashtra government

With this substantial order, Ashok Leyland buses will now dominate the MSRTC fleet.

ANI   


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Domestic passenger vehicles sales expected to stay strong this fiscal, says Tata Motors' Chandra

He was responding to a query on the outlook of passenger vehicles sales in India in 2023-24. …

PTI   


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Government extends EV subsidy scheme till September 30, increases outlay

The Electric Mobility Promotion Scheme 2024 (EMPS 2024) was launched by the Ministry on March 13, 2…

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Passenger vehicle wholesales rise 4% to 2,86,390 units in December

Domestic passenger vehicle wholesales grew by 4 per cent to 2,86,390 units last month, the Society …

PTI   


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Economic Survey 2024 – industries grow by 9.5%, fueling economic growth to 8.2%

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha…

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SUVs to drive passenger vehicle volume 5-7% next financial year: Crisil

Passenger vehicle volume is expected to ascend to a new peak for the third straight time next finan…

ANI   


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Domestic air passenger traffic to surpass pre-Covid levels to reach 150-155 mn this fiscal: Icra

The domestic air passenger traffic is expected to surpass the pre-Covid levels of 141.2 million an…

PTI   


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Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…

PTI   


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Festive demand, strong SUV offtake propel domestic passenger vehicle sales to record high in August

Domestic passenger vehicle sales hit a record in August led by highest-ever monthly dispatches from…

PTI   


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Union Budget 2024 for Railways: Expectations focused on improving passenger safety, experience, infrastructure

Anticipation is steadily building for the Union Budget 2024, which President Murmu has hinted could…