INDIA@75: For cars, it was survival of the fittest

Even as India celebrates 75 years of Independence, its true potential was unleashed only in 1991 when the PV Narasimha-led government kicked off its historic economic reforms initiative.  Till then, it was just another part of the world map chugging along complacently with a minuscule presence but all that changed when liberalisation became the new… Continue reading INDIA@75: For cars, it was survival of the fittest

@FCA: Hagan Takes Mopar 85th Anniversary Funny Car to Semifinals at Heartland Motorsports Park

August 14, 2022 , Topeka, Kansas – To celebrate Mopar’s 85th anniversary, Tony Stewart Racing (TSR) Top Fuel and Funny Car HEMI®-powered racecars donned new paint schemes to honor the legendary performance brand at this weekend’s 33rd edition of the Menards National Hot Rod Association (NHRA) Nationals presented by PetArmor at Heartland Motorsports Park near Topeka,… Continue reading @FCA: Hagan Takes Mopar 85th Anniversary Funny Car to Semifinals at Heartland Motorsports Park

India at 75: When Padmini ruled the roost

Mumbai’s taxi drivers still swear by the brand even though it is a rarity on the roads. The Premier Padmini is today only a fond memory of an era gone by. Memories come flooding back when you see it in old Hindi films that are telecast on television from time to time.  The Padmini may… Continue reading India at 75: When Padmini ruled the roost

India at 75: Remembering the car companies that didn’t click

The history of Indian car making is littered with success, glory, incompetence and failure. We look at those marques that have fallen by the wayside. Hindustan Motors / Mitsubishi Hindustan Motors or HM was the mainstay of the Indian auto industry from the early ‘40s. The company made various models of Morris cars like the Hindustan… Continue reading India at 75: Remembering the car companies that didn’t click

India at 75: Remembering India’s failed car companies

The history of Indian car making is littered with success, glory, incompetence and failure. We look at those marques that have fallen by the wayside. Hindustan Motors / Mitsubishi Hindustan Motors or HM was the mainstay of the Indian auto industry from the early ‘40s. The company made various models of Morris cars like the Hindustan… Continue reading India at 75: Remembering India’s failed car companies

India at 75: StaIwarts who paved the way for India’s auto sector

In the beginning was the Licence Raj. When independent India adopted the Soviet-inspired model of socialism, it placed its bets on planning to allocate resources such as scarce foreign exchange. The government did not believe in being dependent on the outside world, and import substitution was encouraged. Business would have to make products with basically… Continue reading India at 75: StaIwarts who paved the way for India’s auto sector

India at 75: Events and legislations that shaped Auto Inc since Independence

From delicensing to BS6 emission norms, these rules made their mark on our automotive industry. 1952: Tariff Commission takes control The Tariff Commission of 1952 was set up to protect the local industry from global competition. Part of its brief was to look into ways and means of establishing an indigenous automobile industry. But rather… Continue reading India at 75: Events and legislations that shaped Auto Inc since Independence

New book about Indy racing star Randy Lanier’s rise, fall and recovery spares no detail

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading New book about Indy racing star Randy Lanier’s rise, fall and recovery spares no detail

Foreign exchange reserves fall $897mn to $572.98bn in week ending Aug 5

The fall in this week has witnessed due to decline in foreign currency assets by $1.611 billion to $509.646 billion. Mumbai: India’s foreign exchange reserves fell $897 million to $572.978 billion in the week ended August 5, according to the Reserve Bank of India‘s (RBI) bulletin weekly statistical supplement. The fall was witnessed after it… Continue reading Foreign exchange reserves fall $897mn to $572.98bn in week ending Aug 5