Category: Automotive

GST compensation cess on luxury items extended

(File photo) NEW DELHI: The central government has extended the validity of compensation cess levied along with the GST on luxury and “sin” goods such as cars and tobacco by nearly four years to raise funds for the additional borrowings undertaken during Covid-19 pandemic to compensate states for their “revenue loss”. The cess is due… Continue reading GST compensation cess on luxury items extended

@Groupe PSA: PR First amendment to the 2021 universal registration document003974

%PDF-1.6 %���� 6002 0 obj endobj 6019 0 obj >stream x�ʭ �P��G˟��2̀%�&��bj�M��f��N�{1G2����IN�x��&}A憼stream x�ݔ{PG�����1�(“AE�D��0��) �l,ZmQ���*j�@Q�A�< �`�R�P�U���hmUt`|�'�hHn{�i;��?;��~�w߽����f�8�p ���్x���h� ��N�z���J���XM��L3O���(��v��աQ��‹=���ir7�Y ?Ob/}(�e�2C�'"� e�k�xpYP'l+˝Rs�c�S����[R�f�更9śץ�"�а�G��cN�s.�#Y�(q������F���wrޱ���AA>�G ‘+�.����8F�x7�y���0X$�����x=�:�`��F�%6r1���%ʸ�5��-ܨ7(>E�K�iv ,�ԫgig(c�)��Luj�Z�M/����.�U�����’��@ G�0���J�9�I�?U��ª��o����X��T=yH��9�b�N�0L��”�Y��O���n�������)����������a�%Yߛ ��L�i���&�9%�0��7a9�&8�zá�d�Ė��&���Y��=Wa��i&,�Ѧ��6��e-�~��C-�m�MA(Xf���;�P��:Y��f1H�6��3��H ���`x��P���M@ 1��’�� ��{��ބ*���ZM��n9�O�+��fl���^�W,aDѦx����z�u�0E��V�HCJ�)���6�l2�m$�iC-!��1���BC@�ڹ��; ���]*� -��mۢT���j0�r��vJ@��=��~38���P��i� /��T�������”��`���u����H�O$]��3����^~�*EG��ܥ={�� 7��+a���(��������h�2�Q�w1c�=3�q>s��ztO^��i��F�} ?�����f��^��Is���� �Ήb endstream endobj 6003 0 obj endobj 6005 0 obj /XObject/ExtGState>>>>/Contents 6006 0 R/StructParents 0/Tabs/S/CropBox[0 0 595.2199 842]/Rotate 0>> endobj 6006 0 obj stream… Continue reading @Groupe PSA: PR First amendment to the 2021 universal registration document003974

New-Vehicle Affordability Declines Again in May

New-vehicle affordability in May was much worse than a year ago when prices were lower and incentives were higher. Source: Cox Automotive / Moody’s Analytics New-vehicle affordability worsened again in May, with increases in interest rates and vehicle prices outpacing income growth, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. The number of median… Continue reading New-Vehicle Affordability Declines Again in May

Tesla Stock Vs. BYD Stock: TSLA Rebounds With EV Rival Just Below Buy Point

Reuters Any U.S. recession would likely be short, shallow, IMF official says If the United States does fall into a recession, it would likely be “relatively short,” with only modest increases in unemployment, and may look like U.S. downturns in the early 2000s, an International Monetary Fund official said on Friday. Nigel Chalk, deputy director… Continue reading Tesla Stock Vs. BYD Stock: TSLA Rebounds With EV Rival Just Below Buy Point

Global uncertainty and its impact on Indian stock market

Representative Image Our world is more complex and interconnected than ever before, and while this will perhaps be considered a positive experience for society, there are certain challenges that are plaguing us, especially when it comes to the economy. The modern global economy is a complex structure made up of businesses that no longer work… Continue reading Global uncertainty and its impact on Indian stock market

FPIs’ exodus continues; pull out Rs 46,000 crore from Indian equities in June so far

NEW DELHI: Foreign investors continue to desert Indian equity markets and pulled out close to Rs 46,000 crore so far this month following monetary policy tightening by the Reserve Bank and US Federal Reserve, high oil prices and volatile rupee. The net outflow by foreign portfolio investors (FPIs) from equities reached Rs 2.13 lakh crore… Continue reading FPIs’ exodus continues; pull out Rs 46,000 crore from Indian equities in June so far

423 infrastructure projects show cost overruns of Rs 4.95 lakh crore

Representative Image As many as 423 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.95 lakh crore, as per a report. According to Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of… Continue reading 423 infrastructure projects show cost overruns of Rs 4.95 lakh crore

LG Electronics advances into electric vehicle charging business

LG Electronics said on Sunday it has acquired a domestic EV charging maker to advance into the EV charging solutions business amid a global electrification push. LG Electronics recently acquired a 60 per cent stake in AppleMango for an unspecified amount, with GS Energy and GS Neotek taking over 34 per cent and 6 per… Continue reading LG Electronics advances into electric vehicle charging business