“The text and structure of IEEPA make it unlikely that Congress intended to grant the president unlimited authority to impose tariffs,” the court said in its opinion. A federal appeals court has ruled that many of U.S. President Donald Trump’s global tariffs were issued illegally, striking a major blow to his economic agenda and raising… Continue reading Trump tariffs ruled ‘illegal’ by court: What happened, why it matters, and what comes next as POTUS calls it ‘total disaster’
Author: Economic Times of India Online News
Iron ore heads for weekly gain on steady demand, lower inventories
Iron ore futures held steady on Friday but headed for weekly gains on firm Chinese demand and declining inventories. Iron ore futures traded in a narrow range on Friday, but were set for a weekly gain, supported by steady demand from top consumer China and falling inventories. The most-traded January iron ore contract on China’s… Continue reading Iron ore heads for weekly gain on steady demand, lower inventories
India to set tailored emission targets for steel makers, penalties for non-compliance
Companies failing to meet targets will face penalties. However, they can offset these with carbon credits. India plans to introduce tailored emission reduction targets for its large steel makers in a bid to balance decarbonisation needs with capabilities of existing players, people familiar with the development said. The proposed goals are in line with targets… Continue reading India to set tailored emission targets for steel makers, penalties for non-compliance
India may seek WTO talks on US copper duties
India may approach WTO for consultations with the US over copper tariffs, its third such case after steel, aluminium, and auto components. India is considering seeking consultations with the US at the World Trade Organization (WTO) over Washington’s tariffs on copper imports. This would mark the third case of India seeking such consultations with the… Continue reading India may seek WTO talks on US copper duties
Studies raise concern over Patna’s weak transport system
Two-wheelers made up over 62% of new vehicle registrations in Patna in FY24, according to data from the government’s Vahan portal. Two-wheelers continue to dominate Patna’s roads, accounting for more than 62 per cent of newly registered vehicles in the financial year 2023-24. The data, drawn from the govt’s ‘Vahan’ portal, was highlighted on Thursday… Continue reading Studies raise concern over Patna’s weak transport system
JSW MG’s new campaign shifts gears with celebrity power and quirky humour
A still from the ad Cheil X has launched the second phase of the ‘EV Sahi Hai’ campaign for JSW MG, continuing its effort to address misconceptions about electric vehicles.Featuring Varun Sharma and Pulkit Samrat, the new film used humor to emphasise the widespread availability of EV charging infrastructure across India. The first film highlighted… Continue reading JSW MG’s new campaign shifts gears with celebrity power and quirky humour
GST cut likely to rev up auto demand; two-wheelers and small cars to gain most: Report
The auto sector has seen muted demand in recent months, with April–July registrations rising only 2–3 per cent year-on-year for two-wheelers and passenger vehicles. The Indian automobile industry is poised for a demand revival with optimism building around a potential Goods and Services Tax (GST) rate reduction, according to a report by Jefferies. The rationalisation,… Continue reading GST cut likely to rev up auto demand; two-wheelers and small cars to gain most: Report
Co-create to accelerate: Building agility and speed with supplier collaboration
Platforms like Dassault’s 3DEXPERIENCE make this collaboration seamless by providing a single, secure digital environment where OEMs, suppliers and engineering teams can co-develop. India’s automotive industry is in the midst of rapid transformation, shaped by electrification, connected systems and stringent regulations. In such a high-velocity environment, reducing time-to-market has become not just a competitive edge… Continue reading Co-create to accelerate: Building agility and speed with supplier collaboration
Maharashtra, Uttar Pradesh lead state-wise auto sales in Q1 FY26: SIAM
ICRA anticipates modest passenger vehicle industry growth with 1-4 per cent wholesales increase in FY26, post 1.1 per cent contraction in the April–July period. Maharashtra and Uttar Pradesh emerged as frontrunners in state-wise vehicle sales in the first quarter of financial year 2025-26 (Q1 FY26), according to data released by the Society of Indian Automobile… Continue reading Maharashtra, Uttar Pradesh lead state-wise auto sales in Q1 FY26: SIAM
Delhi, Norway explore collaboration on EV policy, adoption
A member of the Norwegian team noted that the 9-metre electric buses in Delhi were particularly suited for last-mile connectivity and appeared convenient for passengers. Delhi Transport Minister Pankaj Singh on Thursday held discussions with a delegation from Norway on electric vehicle (EV) policy and adoption, with both sides agreeing to share knowledge and best… Continue reading Delhi, Norway explore collaboration on EV policy, adoption