When contacted, HRS official M Saravanan’s office declined to share the test results or clarify if immediate relaying of the road would be recommended. A conflict between elected representatives and a highway contractor over poor road quality in Chengalpet has led the Highways Research Station (HRS) to conduct quality tests. The issue traces back to… Continue reading Quality concerns push HRS to test Chengalpet road
Author: Economic Times of India Online News
VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU
The Commission, which oversees the bloc’s trade policy, has said they would counter what it sees as unfair Chinese subsidies after a year-long anti-subsidy investigation, but it also said on Friday it would continue talks with Beijing. The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric… Continue reading VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU
Hindalco, JSW Steel in race for copper mines in Jharkhand
Hindustan Copper had earlier invited applications for appointment of mine developer-cum-operator (MDO) for re-opening and expansion of Rakha Copper Mine and development and operations of underground Mine at Chapri. Aditya Birla Group firm Hindalco Industries and Sajjan Jindal-led JSW Steel are in the race for two copper mines in Jharkhand which will be put on… Continue reading Hindalco, JSW Steel in race for copper mines in Jharkhand
2Ws and tractors are poised for significant growth between FY24-FY26: Report
Domestic two-wheeler volumes are estimated to grow by approximately 15% YoY in Q2FY25, driven by improved rural demand, continued urban interest, and accessible financing options. The auto sector is projected to experience 8% year-on-year (YoY) growth in revenue and earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the second quarter of FY25, according to… Continue reading 2Ws and tractors are poised for significant growth between FY24-FY26: Report
Reliance, Tata & Adani can’t seem to fill positions in this booming sector
Tata Electronics, the group’s electronics contract manufacturing business, has trained 400 employees so far, with more set to travel to Taiwan to learn specialised skills required for chip manufacturing. Tata group, Reliance Industries, Adani Group, Vedanta, Larsen & Toubro and JSW Group are among the conglomerates rushing to hire expatriates and returning Indians to propel… Continue reading Reliance, Tata & Adani can’t seem to fill positions in this booming sector
EU plan to press ahead with China EV tariffs bad for ties and green ambitions -Xinhua
“Instead of fostering co-operation, these tariffs risk sparking a trade conflict that could harm not only China-EU relations but also Europe’s own ambition for a green transition,” it said. The European Commission‘s decision to press ahead with tariffs on Chinese-made electric vehicles threatens to undermine decades of cooperation between China and the EU, and endangers… Continue reading EU plan to press ahead with China EV tariffs bad for ties and green ambitions -Xinhua
EU imposes up to 45% tariffs on Chinese EVs; ‘unfair’, says Beijing
EU imposes up to 45% tariffs on Chinese EVs; ‘unfair’, says Beijing The European Union (EU) voted on Friday to impose tariffs as high as 45% on electric vehicles from China, threatening a broader trade conflict with Beijing which has already vowed to protect its companies. Shares in European automakers rose after the vote. The… Continue reading EU imposes up to 45% tariffs on Chinese EVs; ‘unfair’, says Beijing
General Motors halts vehicle production at two US plants due to Hurricane Helene
General Motors halts vehicle production at two US plants due to Hurricane Helene. General Motors has temporarily halted truck and SUV production at two assembly plants in Texas and Michigan because of impacts to its suppliers due to Hurricane Helene, the automaker said Friday. The Detroit automaker said production at Flint Assembly and Arlington Assembly… Continue reading General Motors halts vehicle production at two US plants due to Hurricane Helene
EU tests mettle to take on China with new EV tariff fight
EU tests mettle to take on China with new EV tariff fight. The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles in a move that increases the risk of retaliatory measures and backfiring on domestic consumers and companies. French President Emmanuel Macron warned this week that… Continue reading EU tests mettle to take on China with new EV tariff fight
C-BAM aims to reward India’s investment in green energy: French Envoy to OECD
C-BAM, which will come into effect in January 2026, imposes a carbon tariff on products like steel, cement and electricity imported to the EU. The Carbon Border Adjustment Mechanism (C-BAM), introduced by the European Union, aims to recognise and reward India‘s significant investment in green energy, said Amelie de Montchalin, France’s permanent representative to the… Continue reading C-BAM aims to reward India’s investment in green energy: French Envoy to OECD