The Indian rupee’s sharp slide toward the 92-per-dollar mark reflects mounting near-term pressures, but the currency is likely to stabilise and strengthen over the medium term, according to Abhishek Goenka, Founder of IFA Global and Billionz. Speaking to ET Now, Goenka said the current fundamentals are working against the rupee, making short-term moves difficult to… Continue reading Rupee may stay under pressure in the short term, but medium-term outlook better: Abhishek Goenka
Author: Economic Times of India Online News
NPCL opens EV charging plaza in Greater Noida
The Noida Power Company Limited (NPCL), which supplies electricity to Greater Noida, has commissioned a new electric vehicle (EV) charging plaza at Tilpata, expanding public charging infrastructure in GB Nagar. Developed in collaboration with EV charging infrastructure firm Servotech, the facility is the largest EV charging station in the district. Located on the 130-metre road… Continue reading NPCL opens EV charging plaza in Greater Noida
Budget 2026: Auto industry seeks tax reforms, policy stability to boost India’s EV transition
Industry executives note that India’s EV adoption is being driven by lower operating costs, reduced maintenance requirements and the integration of smart, connected technologies. The auto industry received a shot in the arm in September last year in the form of tax rationalisation under GST reforms, resulting in a demand boost across segments. With the… Continue reading Budget 2026: Auto industry seeks tax reforms, policy stability to boost India’s EV transition
Dealer-point registration rolls out, vehicle buyers can skip RTO visits
Officials said the reform will save time for citizens, reduce congestion at RTOs and bring greater transparency and efficiency to the system. Registration of a new two-wheeler or car just got easier. From Saturday, vehicle owners will no longer need to visit Regional Transport Offices (RTOs) for registration, as the transport department has rolled out… Continue reading Dealer-point registration rolls out, vehicle buyers can skip RTO visits
Trump administration pushes out official whose unit banned Chinese vehicles
This comes amid a fragile trade truce and signals a potential shift in the administration’s approach to Chinese technology imports. President Donald Trump’s administration has pushed out a Commerce Department official whose office effectively barred nearly all Chinese cars from the US market for national security reasons, according to people familiar with the matter. Elizabeth… Continue reading Trump administration pushes out official whose unit banned Chinese vehicles
Jaisalmer to levy passenger tax on vehicles entering city
The rates are fixed at ₹200 for a 35-seater bus, ₹150 for a 25-seater bus, ₹100 for a five-seater car, and ₹50 for taxis and other cars, the official said. Visiting Rajasthan’s desert city of Jaisalmer is set to become slightly costlier, with the municipal council deciding to levy a passenger tax on vehicles entering… Continue reading Jaisalmer to levy passenger tax on vehicles entering city
DTC to set up EV charging hubs for buses and trucks at three Delhi depots
The move is aligned with the Delhi government’s plans to accelerate adoption of electric vehicles and to convert the entire public bus transport fleet into e-buses, in a bid to curb air pollution. In a bid to boost adoption of electric vehicles in the city, the Delhi Transport Corporation (DTC) has started process for setting… Continue reading DTC to set up EV charging hubs for buses and trucks at three Delhi depots
Michigan sues oil companies, saying they colluded to restrain EV competition
Michigan Attorney General Dana Nessel on Friday filed an antitrust lawsuit against four major oil companies, asserting they have colluded for decades to forestall competition from renewable energy, including electric vehicles. The lawsuit by Nessel, a Democrat, was filed in US District Court in western Michigan and names BP, Chevron, Exxon, Shell and the American… Continue reading Michigan sues oil companies, saying they colluded to restrain EV competition
Auto sector shifts gears in Q3; TVS Motors, Maruti Suzuki top buys, says Siddhartha Khemka
India’s automobile sector has staged a strong recovery in the third quarter, supported by a timely GST rate cut around the festive season, healthy retail traction and disciplined inventory management. Demand revival has been broad-based across two-wheelers, passenger vehicles and commercial vehicles, with volumes expanding sharply year-on-year during the quarter. Two-wheeler internal combustion engine volumes… Continue reading Auto sector shifts gears in Q3; TVS Motors, Maruti Suzuki top buys, says Siddhartha Khemka
Trump administration unlawfully suspended EV charger infrastructure program, US judge rules
A federal judge on Friday ruled President Donald Trump’s administration unlawfully suspended funding awarded to support the expansion of electric vehicle charger infrastructure, in a victory for 20 Democratic-led states that sued over the action. US District Judge Tana Lin in Seattle ruled in favor of 20 states as well as the District of Columbia,… Continue reading Trump administration unlawfully suspended EV charger infrastructure program, US judge rules