Modi stated the visit came at a time when bilateral ties were “crossing many historical milestones”. Prime Minister Narendra Modi on Friday said India and Russia had agreed to take their long-standing partnership to “new heights,” unveiling a 2030 Economic Cooperation Programme and expanded collaboration across energy, connectivity, critical minerals and people-to-people exchanges. Modi made… Continue reading Modi, Putin expand India–Russia cooperation with 2030 agenda covering energy, transport links, critical minerals
Author: Economic Times of India Online News
India adds record 31.25 GW non-fossil capacity so far in FY26: Pralhad Joshi
India added a record 31.25 GW of non-fossil capacity this fiscal, including 24.28 GW of solar, Minister Pralhad Joshi said. Union Minister for New and Renewable Energy Pralhad Joshi on Saturday said India has recorded its highest-ever addition of non-fossil fuel capacity in the current financial year at 31.25 GW, including 24.28 GW of solar.… Continue reading India adds record 31.25 GW non-fossil capacity so far in FY26: Pralhad Joshi
South Korean shares end higher as Hyundai Motor hits record on US tariff cut, robot hopes
The KOSPI rose 4.42 per cent this week, the biggest since late October. South Korean shares rose more than 1 per cent on Friday, as Hyundai Motor rallied to a record high on a cut in US auto tariffs and optimism around its robot business. The benchmark KOSPI ended the session up 71.54 points, or… Continue reading South Korean shares end higher as Hyundai Motor hits record on US tariff cut, robot hopes
Modi flags EVs, two-wheelers and CNG mobility as key areas for India–Russia cooperation
Putin emphasised that both sides must work together to eliminate remaining customs and administrative barriers that restrict the movement of goods and services. Prime Minister Narendra Modi on Friday identified India’s strengths in affordable and efficient EVs, two-wheelers and CNG mobility solutions as important areas for deepening cooperation with Russia, during his remarks at the… Continue reading Modi flags EVs, two-wheelers and CNG mobility as key areas for India–Russia cooperation
Freight activity steady in November as diesel demand hits six-month high: Report
Diesel consumption rose 12 per cent month-on-month and 4.7 per cent year-on-year, marking its highest level since May 2025. India’s freight activity remained steady in November 2025, supported by firm truck rentals, higher diesel consumption and a pickup in industrial movement, even as retail vehicle sales eased from October’s festive surge, according to the latest… Continue reading Freight activity steady in November as diesel demand hits six-month high: Report
India, Germany push for integrated approach to accelerate electric mobility transition
Participants emphasised that India’s ambitious EV goals can only be met through integrated planning across energy, mobility, manufacturing, finance and skills. India and Germany have stepped up efforts to jointly advance the next phase of India’s electric mobility transition, holding a high-level roundtable in New Delhi to outline a coordinated, ecosystem-wide strategy for EV adoption,… Continue reading India, Germany push for integrated approach to accelerate electric mobility transition
Motherson, Adani Ports sign pact to develop auto export terminal at Dighi Port
Planned features include a single-window RoRo operations system that integrates yard management, pre-delivery inspection (PDI), charging, storage and vessel loading into a unified workflow. Motherson’s joint venture, Samvardhana Motherson Hamakyorex Engineered Logistics Limited (SAMRX), on Friday entered into an agreement with Adani Ports and Special Economic Zone Limited’s subsidiary Dighi Port Limited to set up… Continue reading Motherson, Adani Ports sign pact to develop auto export terminal at Dighi Port
Stellantis CEO says hybrids are a top priority for the US market
Loosening these regulations allows automakers to increase production of gasoline-powered models, and eases pressure on electric vehicle production. Stellantis CEO Antonio Filosa said on Thursday that the automaker is focusing on hybrid production in the US market, a shift from his predecessor’s focus on fully-electric models. “We truly believe that hybrid is going to be… Continue reading Stellantis CEO says hybrids are a top priority for the US market
Budget 2026: Seamless tube makers seek PLI for exports to boost growth
STMAI represents domestic producers of seamless pipes and tubes, a segment in which India is emerging as a significant global player. Ahead of the Union Budget for FY27, the Seamless Tube Manufacturers’ Association of India (STMAI) has urged the government to introduce a production-linked incentive (PLI) scheme for at least 10 per cent of their… Continue reading Budget 2026: Seamless tube makers seek PLI for exports to boost growth
EU reviews removing tariffs on Volkswagen EVs built in China
If accepted, the Commission could grant an exemption from the 20.7 per cent tariff within months, according to a company statement. The European Commission said on Thursday it was reviewing tariffs on Volkswagen’s electric vehicles built in China, which the automaker hopes could be replaced with an annual import quota and minimum price mechanism. Volkswagen’s… Continue reading EU reviews removing tariffs on Volkswagen EVs built in China