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Govt notifies rules to lift investments by persons resident outside IndiaIn an exciting development, India has relaxed its investment rules, making it more convenient for foreign investors to dive into its dynami...- GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
- Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADAElectric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the ele...
- Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
- India's EV penetration crosses 11% for first time as auto retail sales hit record in MayIndia's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dea...
- Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
- India’s first choice for cars is going second-handIndia’s car market is shifting gears: why stretch for a new hatchback when a used SUV gets you further? A booming pre-owned market is redef...
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...
- Indian refiners shift to soyoil in May as palm oil loses price advantageIndia's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...
- Tesla repositions Model Y in India to take on BMW, Mercedes EVsTesla has aggressively cut prices on its Model Y in India, aiming to compete with luxury rivals despite import duties. This strategic move ...
- India may soon let consumers choose ethanol-blended petrol based on their cars: ReportConsumers will soon have more choices at petrol pumps across India. New ethanol-blended petrol variants like E20, E22, E25, and E30 will be...
- Rajasthan petrol pump operators threaten indefinite strike from Jun 1 over supply, pricing issuesPetrol pump operators in Rajasthan plan an indefinite strike from June 1. They demand government intervention on fuel pricing, supply disru...
- Newspaper publisher and former AP board chairman Donald Newhouse dies at 96Donald E. Newhouse, president of Advance Publications and former AP chairman, has died at 96. He led the family's newspaper group for nearl...
- India cancels soymeal export deals, turns to Africa for soybean importsIndian traders have cancelled 25,000 metric tons of soymeal export contracts. This is the first time since 2021. They have also booked 80,0...
- Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
- Bullock carts make a comeback in Jharkhand’s Hazaribag as fuel crisis disrupts transport and raises faresBullock carts are making a comeback in Jharkhand's Hazaribag district. Fuel supply disruptions are impacting diesel vehicle movement. This ...
- India says 'Hum Do, Humari Ek EV' as more households opt for at least 1 electric vehicle for short tripsExpensive petrol is now encouraging Indian households to buy electric vehicles. Electric two-wheelers are seeing increased demand as fuel p...
- Iran war effect: Leading EV two-wheeler makers accelerate expansion amid petrol price worriesMajor electric scooter companies are rapidly increasing production capacity. This expansion aims to meet a surge in demand for eco-friendly...
- Rajasthan petrol pumps say OMCs cutting suppliesRajasthan petrol pump dealers allege oil marketing companies have reduced fuel supplies and imposed informal sales limits on consumers. Thi...
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