Transport minister Pratap Sarnaik tabled the bill in a hurry and was insistent it be passed quickly. The Maharashtra Motor Vehicle Tax (Amendment) Bill, 2025, was sent back to the assembly from the council on Friday with certain recommendations. Transport minister Pratap Sarnaik tabled the bill in a hurry and was insistent it be passed… Continue reading Maharashtra council sends Vehicle Tax Bill back with recommendations
Author: Economic Times of India Online News
Canada urged to rethink Chinese EV tariffs amid US trade tensions
The Canadian Vehicle Manufacturers’ Association firmly backs existing tariffs, arguing China’s production capacity could overwhelm local automakers. As trade tensions with the US escalate, some economists argue Canada should reconsider its 100 per cent tariff on Chinese electric vehicles to boost affordability and counter Elon Musk’s Tesla. The tariff, imposed last fall alongside US measures,… Continue reading Canada urged to rethink Chinese EV tariffs amid US trade tensions
EV insurance demand surges 16x in just 3 years, Delhi-NCR leads with 18.3% market share: Report
The electric scooter in market dominates this segment, making up 98-99 per cent of insured two-wheelers. The demand for Electric vehicles (EVs) insurance has witnessed a significant upswing, with adoption growing a staggering 16 times in just three years, according to the internal data of Policybazaar. The private sector insurer said in a report that… Continue reading EV insurance demand surges 16x in just 3 years, Delhi-NCR leads with 18.3% market share: Report
NHAI bars 14 toll collection agencies for irregular activities
12.55 lakh refunds were made in 2024 for faulty toll collections on national highways. Cracking down on irregularities in toll collection, state-owned NHAI has barred 14 toll collection agencies for irregular activities, following a probe after Uttar Pradesh STF unearthed a fraud, according to an official statement. NHAI has served show-cause notices to defaulting agencies.… Continue reading NHAI bars 14 toll collection agencies for irregular activities
New Trump order to expand critical mineral production
China overwhelmingly controls the processing of some of the most important critical minerals. President Donald Trump is invoking emergency powers to boost the ability of the US to produce critical minerals-and potentially coal-as part of a broad effort to ramp up the development of domestic natural resources and make the country less reliant on foreign… Continue reading New Trump order to expand critical mineral production
How India’s EV adoption will soar by 2030
The launch of PM E-Drive, backed up by lucrative incentives and subsidies, comes with a lot of potential to boost the sale of EVs across the country. The Indian EV industry is on a fast lane to growth, where it is expanding at a phenomenal rate to capture the major share of the automotive industry… Continue reading How India’s EV adoption will soar by 2030
Mahindra & Mahindra announces price hike up to 3% for SUVs and CVs from April 2025
Updated On Mar 21, 2025 at 06:19 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Go to Source
Kalyani Powertrain partners with AMD to strengthen India’s server infrastructure
Kalyani Powertrain’s partnership with AMD will introduce advanced EPYC-based server technologies to India, strengthening the country’s data infrastructure. The electronics division of Kalyani Powertrain, a wholly-owned subsidiary of Bharat Forge, has formed a partnership with AMD (Advanced Micro Devices) to enter the Indian server market. This collaboration represents a significant step in advancing India’s server… Continue reading Kalyani Powertrain partners with AMD to strengthen India’s server infrastructure
Nucor Corp projects lower Q1 2025 profit amid weak steel prices
Nucor Corp on Thursday forecast first-quarter 2025 profit below estimates as a weak steel pricing environment continues to weigh on its average selling prices, sending the steelmaker’s shares down 4 per cent after the bell. On an adjusted basis, the Charlotte, North Carolina-based company expects first-quarter earnings to be in the range of 50 cents… Continue reading Nucor Corp projects lower Q1 2025 profit amid weak steel prices
Jindal Stainless CFO Anurag Mantri resigns
Anurag Mantri Indian stainless-steel manufacturer, Jindal Stainless Ltd. has announced the resignation of Group CFO, Anurag Mantri with effect from April 5, 2025. He cites the pursuit of new professional opportunities as the reason for his resignation, according to a company stock filing. A seasoned finance professional with more than 25 years of work experience,… Continue reading Jindal Stainless CFO Anurag Mantri resigns