Delhi Metro introduces interactive museum exhibits for commuters

A large screen showcases the metro network and nearby tourist sites. Future plans include a larger metro museum at Supreme Court station. In a bid to enhance the passenger experience, Delhi Metro Rail Corporation (DMRC) has recently unveiled interactive museum exhibits at the Shivaji Stadium metro station. This initiative aims to engage commuters and the… Continue reading Delhi Metro introduces interactive museum exhibits for commuters

Biden to meet with UAW workers in Michigan on Thursday

Biden has won endorsements from most of the nation’s major labor unions. But the UAW endorsement took longer, despite a full-court press that included Biden joining the striking workers. U.S. President Joe Biden will travel to Michigan on Thursday to meet with United Auto Workers members at an event at a Detroit-area union hall, a… Continue reading Biden to meet with UAW workers in Michigan on Thursday

Budget 2024: India needs investment appetite for green energy

There is an urgent need to increase RE capacity addition from the present level of 15 GW per year to 50 GW per year, along with a tripling of investments. The Indian power sector is now at a critical juncture. On the one hand we must meet the growing energy needs of the country, and… Continue reading Budget 2024: India needs investment appetite for green energy

Huge infrastructure build-up in Modi decade comes with mounting public debt

The Union government has built infrastructure at a historically unprecedented rate and it has taken the overall public sector capital investment from INR 5.6 lakh crore in FY15 to INR 18.6 lakh crore in FY24. New Delhi: A report card of what all the Modi government has achieved in its decade-long stint at the Centre… Continue reading Huge infrastructure build-up in Modi decade comes with mounting public debt

India’s April-December steel imports hit five-year high as demand soars

That was just above China, the world’s top steel producer, whose shipments of finished steel to India reached a six-year high of 1.75 million metric tons. India’s steel imports touched a five-year high in the first nine months of the fiscal year to the end of March, turning the country into a net importer of… Continue reading India’s April-December steel imports hit five-year high as demand soars

Heat map of traffic to aid in infra planning

The cab policy says that aggregators must include a feature in their services enabling the rider to share the live location and status of his/her ride after the commencement of a ride booked through an app. New Delhi: Delhi government plans to create a heat map of the city traffic and pockets with high vehicular… Continue reading Heat map of traffic to aid in infra planning

Input Cost Swings Hit Cos’ Pricing Plans

While this makes a case for a price hike, appliance manufacturers are absorbing it while carmakers are passing a portion to aid demand recovery. New Delhi : Leading consumer goods companies including Hindustan Unilever (HUL), ITC, Maruti Suzuki and Parle Products are seeing certain commodity prices see-sawing and industry executives fear it will have an… Continue reading Input Cost Swings Hit Cos’ Pricing Plans

PM Modi to address Bharat Mobility expo on February 2; 800 exhibitors to participate

Minister Piyush Goyal at the curtain raiser of the expo. Around 28 vehicle original equipment manufacturers including Ashok Leyland, Ather Energy, Honda, Hyundai, and BMW would participate in the Bharat Mobility global exhibition that would begin Thursday. Prime Minister Narendra Modi will address the exhibition on February 2, a senior official said Tuesday. “There will… Continue reading PM Modi to address Bharat Mobility expo on February 2; 800 exhibitors to participate

Audio Interview: China’s Automotive Industry: 2023 Review and 2024 Outlook

In this GlobalAutoIndustry.com Audio Interview “China’s Automotive Industry: 2023 Review and 2024 Outlook” Ron Hesse speaks with Bill Russo. Mr. Russo is the Shanghai-based Founder and CEO of Automobility Limited, a strategy and investment advisory firm helping its clients to create the future of mobility. His over 40 years of experience includes 16 years as… Continue reading Audio Interview: China’s Automotive Industry: 2023 Review and 2024 Outlook

Bajaj Finance Q3 results: Net profit rises 22% YoY to INR 3,639 cr, but misses estimates

Bajaj Finance reported an increase in loan losses and provisions in the third quarter at INR 1,248 crore as against INR 841 crore in the last year quarter. Bajaj Finance Ltd on Monday reported 22% growth in its consolidated net profit at INR 3,639 crore for the third quarter ended December 2023, which is slightly… Continue reading Bajaj Finance Q3 results: Net profit rises 22% YoY to INR 3,639 cr, but misses estimates