Without protection, could India’s steel industry withstand competition from China? Could the auto industry survive without existing barriers? Ravi Dharamshi, CIO, ValueQuest Investment, says in ten years, India will be an energy-exporting country. The shift is happening from fossil fuels to renewable energy, with solar power leading the way. The energy sector is crucial, so… Continue reading Could steel, auto sectors thrive without protection? Why it makes sense to invest in solar theme now
Author: Economic Times of India Online News
Nitin Gadkari announces INR 12500 crore to improve Delhi’s infrastructure and reduce pollution
He said that this would reduce the pressure of vehicles coming from outside Delhi. Along with reducing the problem of traffic jam, air pollution will also decrease. Union Minister for Road Transport and Highways, Nitin Gadkari announced INR 12500 crore to improve Delhi’s transport network and to reduce pollution as well as congestion in the… Continue reading Nitin Gadkari announces INR 12500 crore to improve Delhi’s infrastructure and reduce pollution
Rupee may dip to all-time low on Fed outlook-spurred dollar rally
“I am a bit surprised that we did not see a bigger pop (on dollar/rupee)” considering the dollar’s up move, he said. The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last… Continue reading Rupee may dip to all-time low on Fed outlook-spurred dollar rally
TVS Motor sales jump 7% in December to 3.2 lakh units
During third quarter of the current financial year, two-wheelers posted a robust growth of 11% with sales of 11.8 lakh units as against sales of 10.6 lakh units in the third quarter of 2023-24. TVS Motor Company recorded monthly sales of 321,687 units in December 2024 with a growth of 7% as against 301,898 units… Continue reading TVS Motor sales jump 7% in December to 3.2 lakh units
16.15 lakh EVs incentivised under FAME-II scheme: Centre
Updated On Jan 3, 2025 at 08:20 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals As many as 25,202 public charging stations for EVs have been installed in the country to date. New Delhi: A total of 16.15 lakh electric vehicles (EVs) have been incentivised under the Faster Adoption and Manufacturing… Continue reading 16.15 lakh EVs incentivised under FAME-II scheme: Centre
Maharashtra sees 12.32% rise in new vehicle registrations in 2024
Maharashtra Transport Commissioner Vivek Bhimanwar told PTI that they have to frequently open new vehicle registration series at Pune RTO due to high registrations. More than 28 lakh new vehicles were registered in Maharashtra in 2024, a 12.32% increase from 25.63 lakh registrations in 2023, as per official data. Overall, 28.79 lakh vehicles were registered,… Continue reading Maharashtra sees 12.32% rise in new vehicle registrations in 2024
Eicher Motors shares jump 7%, hits 52-week high after strong Royal Enfield sales in December
For the first nine months of the current financial year, Eicher Motors’ sales volumes for Royal Enfield have grown by 6% to 7,27,077 units, compared to 6,85,059 lakh units sold during the same period last year. Shares of Eicher Motors, the maker of Royal Enfield motorcycles, jumped 7% to hit a 52-week high of INR… Continue reading Eicher Motors shares jump 7%, hits 52-week high after strong Royal Enfield sales in December
MP chairs transport sub-panel meet to address UT urban mobility challenges
The chairman dismissed the suggestion of implementing a congestion tax on external vehicles, stating it was unsuitable for Indian conditions, drawing a distinction between Chandigarh and Central London. Chandigarh MP Manish Tewari chaired a transport sub-committee meeting on Tuesday, focusing on paid parking concerns in commercial and residential zones. The committee reviewed a pilot parking… Continue reading MP chairs transport sub-panel meet to address UT urban mobility challenges
Tata Motors shares jump 2% on December sales numbers
The company gave the updates after market hours on Wednesday, January 1 and Tata Motors counter settled at INR 749.25 on the NSE, up by INR 8.55 or 1.15%. Shares of Tata Motors jumped 2% to their day’s high of INR 765 on the BSE on Thursday as the company reported a 1% year-on-year growth… Continue reading Tata Motors shares jump 2% on December sales numbers
5 minutes to charge an EV? That’s where China is winning the race against mighty U.S and Tesla
Pretty recent innovations include the Chinese startup Zeekr’s new batteries which can charge from 10% to 80% in just over 10 minutes. The electric vehicle (EV) revolution is poised for a significant transformation as advancements in battery technology promise to drastically reduce charging times. According to Business Insider, currently, lengthy charging durations are a major… Continue reading 5 minutes to charge an EV? That’s where China is winning the race against mighty U.S and Tesla