Umashankar said the highways ministry has identified 3,500 accident-prone stretches. To prevent road accidents and fatalities, the highways ministry has decided to penalise contractors if more than one accident happens in a year on a particular stretch of National Highways, built under the build-operate-transfer (BOT) model, a senior government official said on Sunday. Road Transport… Continue reading Highways Ministry to penalise contractors for repeat accidents on NH stretches
Author: Economic Times of India Online News
From AI chips to EVs: Why M&G’s Vikas Pershad sees Asia, not the US, leading the next market rally
Contrary to western narratives, Pershad argued that China is evolving from a fast follower to a genuine innovator across sectors like EVs, robotics, and consumer electronics. Technology, public policy, and demographics are emerging as the three most powerful forces shaping global equity markets — and Asia stands to gain the most, according to Vikas Pershad,… Continue reading From AI chips to EVs: Why M&G’s Vikas Pershad sees Asia, not the US, leading the next market rally
ThunderPlus, Trinity Cleantech launch ‘world’s first’ ethanol-based mobile fast charger
The launch aligns with Union Minister for Road Transport and Highways Nitin Gadkari’s push for ethanol-based mobility to curb diesel usage and emissions. ThunderPlus, a Telangana-based EV charging company, and Trinity Cleantech on Monday said they have jointly unveiled the ME Energy Rapid Charger 150 — the world’s first ethanol-based, mobile 150 kW DC fast… Continue reading ThunderPlus, Trinity Cleantech launch ‘world’s first’ ethanol-based mobile fast charger
Iron ore slips on declining steel production, rising inventories in China
Elsewhere, Chinas state-backed steel association announced that steel output would slip below 1 billion tons in 2025 as part of the governments pledge to reduce overcapacity. Iron ore futures prices softened on Monday, weighed down by declining steel production in China, rising port inventories, and concerns over weakening downstream demand. The most-traded January iron ore… Continue reading Iron ore slips on declining steel production, rising inventories in China
Ashok Leyland, PNB join hands to ease financing support for dealers
Ashok Leyland said it continues to forge partnerships with leading financial institutions to enhance ease of doing business for its customers and channel partners across India. Ashok Leyland, the flagship company of the Hinduja Group and among the country’s leading commercial vehicle manufacturers, on Monday said it signed a Memorandum of Understanding (MoU) with Punjab… Continue reading Ashok Leyland, PNB join hands to ease financing support for dealers
Festive green spark: EVs hit record in October, E2W sales cross 1 million in 2025
Electric three-wheelers (excluding e-rickshaws) grew to 70,604 units, compared with 67,173 units in October 2024 and 61,044 units in September this year. This festive month of Oct proved to be nothing short of impressive for India’s electric vehicle (EV) industry. Total EV registrations reached an all-time high, with every segment of battery-powered vehicles experiencing positive… Continue reading Festive green spark: EVs hit record in October, E2W sales cross 1 million in 2025
TVS Motor’s October sales rise 11% to 543,557 units
TVS Motor Company reported an 11 per cent year-on-year increase in total sales at 543,557 units in October 2025. TVS Motor Company reported an 11 per cent year-on-year increase in total sales at 543,557 units in October 2025, up from 489,015 units sold in the same month last year. Total two-wheeler sales grew 10 per… Continue reading TVS Motor’s October sales rise 11% to 543,557 units
ACMA, KPMG host forum on taxation, ESG for India’s evolving mobility landscape
IVikrampati Singhania emphasised ACMA’s continued focus on policy dialogue and industry capability-building to prepare the automotive ecosystem for regulatory transitions. The ACMA Mobility Foundation (AMF), in partnership with KPMG, organised a forum on “Decoding Taxation & ESG: Preparing Businesses for India’s Evolving Regulatory Environment” in New Delhi, bringing together policymakers, taxation experts, and industry leaders… Continue reading ACMA, KPMG host forum on taxation, ESG for India’s evolving mobility landscape
MLAs to get subsidy in interest on vehicle loans
The interest subsidy will be applicable for a period of five years from the date of taking the loan. The state govt will provide a subsidy to MLAs for buying vehicles. The subsidy will be greater on loans for electric vehicles. The govt has decided that for MLAs, a subsidy in the interest will be… Continue reading MLAs to get subsidy in interest on vehicle loans
Fast chargers are expanding quickly, but American EV drivers still fear running out of juice
And with federal incentives expiring at the end of September, the final bill for many prospective buyers has effectively increased by $7,500 for a new EV. For most Americans, there’s less reason than ever to worry about finding chargers to fuel up an electric vehicle. But charging worries remain a top hesitation for potential buyers,… Continue reading Fast chargers are expanding quickly, but American EV drivers still fear running out of juice