Author: Economic Times of India Online News

Himachal transport revenue jumps 73% to ₹2,597 crore on digital, green mobility push

The finance department’s 2024-25 memorandum ranked the transport department second in state revenue collection, after the state taxes and excise department. Himachal Pradesh transport department generated ₹2,597 crore in revenue from Jan 2023 to Dec 2025, an increase of ₹1,098 crore (approximately 73 per cent) compared to the previous BJP govt, deputy chief minister Mukesh… Continue reading Himachal transport revenue jumps 73% to ₹2,597 crore on digital, green mobility push

ReNew to expand in ‘measured, smart way’ without being greedy: Sumant Sinha

Though electricity has become cheaper, green hydrogen and green ammonia are not yet, he said. Confident of a huge growth opportunity in the Indian renewables space, clean energy major ReNew’s chief, Sumant Sinha, has said his group will expand in a “smart and measured” way, without being greedy or adopting an “all at once” approach.… Continue reading ReNew to expand in ‘measured, smart way’ without being greedy: Sumant Sinha

Auto retail’s next disruption is trust and lifetime value, not scale: FADA’s Amar Sheth

Amar J. Sheth, Secretary, Federation of Automobile Dealers Associations Indian auto retail is entering a decisive phase in which scale and discounts will no longer define success, according to Amar J. Sheth, Secretary, Federation of Automobile Dealers Associations (FADA), and Owner, Shaman Group. Speaking at the ETAuto Retail Forum 2026 on Wednesday, Sheth said the… Continue reading Auto retail’s next disruption is trust and lifetime value, not scale: FADA’s Amar Sheth

Vehicle transfer NOC only after all pending national highway user fee dues cleared

These changes aim to improve fee compliance and discourage evasion on National Highways, especially with the upcoming Multi-Lane Free Flow tolling system. The ministry of road transport and highways on Tuesday said a No Objection Certificate (NOC) for transfer of ownership or transfer of a vehicle from one state to another shall not be granted… Continue reading Vehicle transfer NOC only after all pending national highway user fee dues cleared

Budget 2026 could be the gear shift India’s auto industry is waiting for

Union Budget 2026: Indias auto industry awaits the next big policy moment. India Budget 2026: For India’s automobile industry, the turbulence of the past few years appeared to ease after September 2025. A long-awaited GST reset corrected long-standing tax distortions, festive-season demand brought buyers back into showrooms, and year-end sales helped manufacturers close the calendar… Continue reading Budget 2026 could be the gear shift India’s auto industry is waiting for

From demand to capability: Auto industry’s skill agenda for Budget 2026

In parallel, higher capital expenditure anticipated in the Union Budget is likely to accelerate infrastructure development- historically a key driver of vehicle demand. India’s automotive sector enters FY2026 on a strong footing, with Y-o-Y sales growth projected in the 6-8 per cent range, reaffirming its position as one of the world’s largest auto markets. Two-wheelers… Continue reading From demand to capability: Auto industry’s skill agenda for Budget 2026

Green steel transition in India to be gradual as cost, tech hurdles persist: ICRA

He added that a major part of this reduction is expected from renewable energy integration and process optimisations. India’s transition to low-carbon green steel is expected to remain a gradual, long-term process as cost and technological constraints continue to hinder rapid decarbonisation, according to rating agency ICRA. According to the analysis, Indian steelmakers’ carbon emission… Continue reading Green steel transition in India to be gradual as cost, tech hurdles persist: ICRA

Global supply chains enter era of structural volatility: WEF

Global supply chains have entered an era of structural volatility, forcing companies and governments to re-evaluate how and where they invest and produce, and three in four business leaders are now prioritising resilience as a driver of growth, a new report said on Monday. The World Economic Forum report, released ahead of its annual meeting… Continue reading Global supply chains enter era of structural volatility: WEF

Indofast Energy, Nexus Select Malls launch battery swapping stations at malls in Bengaluru

Indofast Energy said the collaboration aligns with its Battery-as-a-Service model and its plans to deploy 10,000 battery swapping stations across more than 40 Indian cities over the next three years. Indofast Energy has partnered with Nexus Select Malls to install battery swapping stations inside shopping malls. The first stations have been inaugurated at Nexus Shantiniketan… Continue reading Indofast Energy, Nexus Select Malls launch battery swapping stations at malls in Bengaluru