EV makers oppose proposed GST hike on high-end models, warning it could slow India’s shift to clean mobility. Electric vehicle manufacturers are expressing strong opposition to a proposed GST increase on high-end electric vehicles, cautioning that it could hamper progress in the nation’s transition to clean mobility at a crucial time. The GST rationalisation group… Continue reading Setback for EVs? Automakers oppose GST hike proposal; push to retain 5% rate
Author: Economic Times of India Online News
Mahindra domestic sales skid 9% to 39,399 units in August
While overall UV sales, including exports, reached 40,846 units. Mahindra & Mahindra Ltd. (M&M) on Monday reported total auto sales of 75,901 units in August 2025, registering flat growth compared to the same month last year. Domestic sales stood at 39,399 units, marking a 9 per cent decline year-on-year, against 43,277 units in August 2024.… Continue reading Mahindra domestic sales skid 9% to 39,399 units in August
TVS Motor domestic sales up 28% to 368,862 units in August
Exports also posted robust growth, rising 35 per cent to 135,367 units, driven by a 36 per cent jump in two-wheeler exports. TVS Motor Company on Monday said that it sold 509,536 units during the month, registering a 30 per cent year-on-year growth compared to 391,588 units sold in August 2024. Its domestic two-wheeler sales… Continue reading TVS Motor domestic sales up 28% to 368,862 units in August
Bajaj Auto sales down 8% Y-o-Y in August
Two-wheeler domestic sales stood at 1,84,109 units, down from 2,08,621 units in the same month last year—a fall of 12 per cent. Bajaj Auto on Monday reported total sales of 4,17,616 units in August 2025, marking a 5 per cent year-on-year increase from 3,97,804 units sold in August 2024. While domestic sales declined by 8… Continue reading Bajaj Auto sales down 8% Y-o-Y in August
Maharashtra offers toll exemption on major expressways to boost electric vehicle adoption
The government believes this initiative will boost confidence among EV buyers in tier-II cities like Nagpur. In a major push to promote green mobility, Maharashtra government has announced a complete toll exemption for passenger electric vehicles (EVs) on Nagpur-Mumbai Hindu Hrudaysamrat Balasaheb Thackeray Samruddhi Mahamarg. The decision comes under the newly revised Maharashtra Electric Vehicle… Continue reading Maharashtra offers toll exemption on major expressways to boost electric vehicle adoption
Reliance bets big on green energy with mega solar, hydrogen moves
Reliance unveils green energy roadmap, with Mukesh and Anant Ambani outlining plans for an integrated new energy ecosystem while retaining focus on hydrocarbons. Reliance Industries (RIL) on Friday laid out a sweeping green energy strategy, with chairman Mukesh Ambani and director Anant Ambani detailing plans to build what they called the world’s most integrated new… Continue reading Reliance bets big on green energy with mega solar, hydrogen moves
JK Tyre launches 2025 edition of Shiksha Sarthi Scholarship
Applications for the scholarship can be submitted online in collaboration with Buddy4Study. JK Tyre & Industries Ltd has announced the launch of the 2025 edition of the Shiksha Sarthi Scholarship Scheme. The initiative, started in 2023, provides financial aid for the higher education of daughters of heavy commercial vehicle drivers. According to the company, more… Continue reading JK Tyre launches 2025 edition of Shiksha Sarthi Scholarship
Potential GST cut should provide a boost to domestic auto demand: Jefferies
The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST) rate reduction, according to a recent report by Jefferies. The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST)… Continue reading Potential GST cut should provide a boost to domestic auto demand: Jefferies
Trump tariffs ruled ‘illegal’ by court: What happened, why it matters, and what comes next as POTUS calls it ‘total disaster’
“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’
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