India Infrastructure Finance Corp Ltd is proposing to include aircraft, electric vehicles, and space infrastructure in its financing list. New Delhi: India Infrastructure Finance Corp Ltd (IIFCL) is in talks with the government for adding aircraft, commercial electric vehicles, and space infrastructure to the harmonised list of infrastructure, which would allow the state-owned lender enhance… Continue reading IIFCL proposes expanding infrastructure list to include EVs, aviation, space for sustainable financing
Author: Economic Times of India Online News
Delhi tribunal awards ₹51.5 lakh compensation for truck accident victim
A Delhi tribunal has awarded ₹51.5 lakh in compensation to a road accident victim whose leg was crushed by a truck. New Delhi: A Delhi tribunal has awarded ₹51.5 lakh in compensation to a 2023 road accident victim whose left leg was crushed under a truck, holding that there was sufficient evidence establishing “negligence on… Continue reading Delhi tribunal awards ₹51.5 lakh compensation for truck accident victim
Turkey auto market hits record in 2025 as EV sales surge
Overall passenger car sales increased 10.6% to 1.1 million units, while light commercial vehicle sales rose 10% to 283,904 units, both hitting record highs. Turkey’s car and light commercial vehicle market climbed to an all-time high in 2025, with nearly one in six cars sold being fully electric, industry data showed on Wednesday. Despite high… Continue reading Turkey auto market hits record in 2025 as EV sales surge
Thyssenkrupp weighs phased sale of TKSE to Jindal Steel International, sources say
A phased transaction would give Thyssenkrupp more flexibility to address about 2.5 billion euros ($2.9 billion) in pension liabilities tied to TKSE – a major hurdle in previous sale attempts, one of the people said. Germany’s Thyssenkrupp could sell its steel division to India’s Jindal Steel International in several steps, four people familiar with the… Continue reading Thyssenkrupp weighs phased sale of TKSE to Jindal Steel International, sources say
BAJA SAEINDIA 2026 physical round kicks off at NATRAX
This edition introduces a 72V tractive system for eBAJA vehicles and increases hydrogen blending in hBAJA vehicles from 5 per cent to 18 per cent. hBAJA teams will also use the Greaves G395WVI aluminium engine. BAJA SAEINDIA has commenced the physical round of its 19th edition with the eBAJA and hBAJA competitions, scheduled to be… Continue reading BAJA SAEINDIA 2026 physical round kicks off at NATRAX
Looking for policy continuity, long-term clarity in Budget: Skoda Auto Volkswagen India CEO
Skoda Auto Volkswagen India MD and CEO Piyush Arora India’s automobile industry is looking for policy continuity and long-term clarity in the upcoming Union Budget after the successful implementation of GST 2.0, Skoda Auto Volkswagen India MD and CEO Piyush Arora said on Tuesday. Sustained support for domestic manufacturing and increased allocation for road and… Continue reading Looking for policy continuity, long-term clarity in Budget: Skoda Auto Volkswagen India CEO
Renewable minister Joshi takes Gadkari on fuel cell EV ride to promote green hydrogen
Union minister Pralhad Joshi took transport minister Nitin Gadkari on a ride in a fuel cell electric vehicle, in a rare move which is seen as an effort to promote green hydrogen and clean mobility. The two ministers “took the joint ride in the Toyota Mirai Fuel Cell Electric Vehicle (FCEV)”, the Ministry of New… Continue reading Renewable minister Joshi takes Gadkari on fuel cell EV ride to promote green hydrogen
EVs – A powerful engine for India’s decarbonisation and industrial transformation
The EV transition is not just about meeting climate change obligations or reducing India’s oil import bill but is also an emerging industrial opportunity. India stands at a pivotal juncture. Our cities are grappling with worsening air quality, greenhouse gas emissions are climbing, and mobility needs are surging. Electric vehicles (EVs) offer a rare lever… Continue reading EVs – A powerful engine for India’s decarbonisation and industrial transformation
Auto sector hits fast lane in 2025 with 7.7% growth across all segments
Dealers are optimistic, with 70.48 per cent expecting January 2026 growth post-festivals and 74.91 per cent forecasting expansion in January-February-March period of 2026. India’s auto retail sector ended 2025 on a high note with strong growth driven by GST 2.0 reforms and rural demand, according to the Federation of Automobile Dealers Associations (FADA) data. As… Continue reading Auto sector hits fast lane in 2025 with 7.7% growth across all segments
Import tariff on steel items to hit construction, engineering, auto sectors
The central govt’s move to impose a three-year import tariff of 11 per cent to 12 per cent on some steel products has resulted in the price rise of certain items in the domestic market, said industry sources. According to sources, rates of cold rolled, hot rolled, and most flat products have increased, and it… Continue reading Import tariff on steel items to hit construction, engineering, auto sectors