This initiative by RBI is aimed at facilitating the growth of global trade and supporting the interests of the global trading community in Indian Rupee (INR). Trade between India and Malaysia can now be settled in Indian Rupee (INR) in addition to the current modes of settlement in other currencies. This follows the decision by… Continue reading India, Malaysia can now trade in Indian rupee
Category: Automotive
Tata Motors total domestic sales up 3% at 89,351 units in March
Passenger vehicle dispatches rose 45 per cent to 5,38,640 units as compared with 3,70,372 units FY22. Tata Motors on Saturday said its total domestic wholesales increased by 3 per cent to 89,351 units in March compared to the same month last year. The company sold 86,718 units in March 2022. The auto major said its… Continue reading Tata Motors total domestic sales up 3% at 89,351 units in March
Super73 launches Adventure Series and first e-bike for danger babies
/ The all-new K1D puts a throttle on a 16mph balance bike for little kids, while Super73’s Z, S, and R e-bikes get a ruggedized makeover. All Adventure Series e-bikes (like this RX) have the battery on the down tube for lower center of gravity and improved handling.Image: Super73 California’s Super73 now offers more ruggedized… Continue reading Super73 launches Adventure Series and first e-bike for danger babies
Lithium shortages threaten Europe’s electric car transition
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Lithium shortages threaten Europe’s electric car transition
TVS iQube sells over 15,000 units for second consecutive month, sales cross 100,000 units
TVS iQube sells over 15,000 units for second consecutive month, sales cross 100,000 units With TVS Motor Co announcing its sales numbers for March 2023 and FY2023 yesterday, what also comes to the fore is that the iQube electric scooter has recorded over 15,000-unit wholesales for the second month in a row in March 2023.… Continue reading TVS iQube sells over 15,000 units for second consecutive month, sales cross 100,000 units
TVS iQube sells over 15,000 units for second consecutive month, sales cross 100,000 units
TVS iQube sells over 15,000 units for second consecutive month, sales cross 100,000 units With TVS Motor Co announcing its sales numbers for March 2023 and FY2023 yesterday, what also comes to the fore is that the iQube electric scooter has recorded over 15,000-unit wholesales for the second month in a row in March 2023.… Continue reading TVS iQube sells over 15,000 units for second consecutive month, sales cross 100,000 units
CNG models account for 32% of Maruti Suzuki’s 380,000 units order backlog
Maruti Suzuki India (MSIL), which has pending orders of 380,000 units as of end-March 2023, says CNG-equipped variants form 121,000 units or 32% of its total order backlog at the end of FY2023. The popular Ertiga MPV, offered with both petrol as well as CNG fuel options, is the one which accounts for the highest… Continue reading CNG models account for 32% of Maruti Suzuki’s 380,000 units order backlog
Clean Technica: Elon Musk: Tesla Cybertruck Is Dead, $20,000 City Car Is Coming002682
Lost in all the noise about new rules from the US Treasury Department defining which electric cars will be eligible for the federal EV tax credit as of April 18 — here’s a hint, the correct answer is “none” — was a statement by Elon Musk that will rock the EV world to its very… Continue reading Clean Technica: Elon Musk: Tesla Cybertruck Is Dead, $20,000 City Car Is Coming002682
IG Metall starts warning strikes in car dealerships and garages
Collective bargaining round textile and clothing West 2023More money and better partial retirement in the textile industry West Collective agreement in the textile industry West: 1000 euros net immediately, 4.8 percent more money from October. In April 2024 another 500 euros net, 3.3 percent more from September 2024. The lower income and trainees get disproportionately… Continue reading IG Metall starts warning strikes in car dealerships and garages
Japan joins US-led effort to restrict China’s access to chipmaking equipment
The country said it would limit exports from Nikon and Tokyo Electron. Japan is officially moving forward with restrictions aimed at limiting China’s access to advanced chipmaking machinery. As CNN reports, the country announced Friday it would tighten export controls on 23 types of semiconductor manufacturing equipment. Once the new rules take effect in July,… Continue reading Japan joins US-led effort to restrict China’s access to chipmaking equipment