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India's export basket skews towards services, pulls down trade deficit

New Delhi, Aug. 17 -- India's export basket is undergoing a silent transformation, a trend that explains why the services sector, which accounts for about half of India's gross domestic product (GDP),... Read More


How India's export basket is being reset

New Delhi, Aug. 17 -- India's export basket is undergoing a silent transformation, a trend that explains why services sector which accounts for about half of India's gross domestic product (GDP) is do... Read More


July auto sales worst in 19 years as a slowing economy feels the pinch

New Delhi, Aug. 16 -- India's passenger vehicle industry suffered its worst sales performance in nearly 19 years in July as a slowing economy, higher ownership costs and floods in some states deterred... Read More


The curious case of electric mobility in India

New Delhi, Aug. 10 -- In an indication that mass adoption of electric vehicles in India is still some years away, a shareholder of Mahindra and Mahindra - country's largest electric vehicle manufactur... Read More


Hyundai becomes the leading SUV manufacturer in July for the first time

New Delhi, Aug. 3 -- Hyundai Motor India Ltd - country's second largest vehicle manufacturer- has taken over Maruti Suzuki India Ltd as the leading manufacturer of utility vehicles in the July, as a r... Read More


Family pact may not give Munjal the Hero he wants as EV brand

New Delhi, Aug. 2 -- A family pact may force Hero MotoCorp Ltd to drop the Hero brand name and coin a new tag if it chooses to introduce electric two-wheelers and exploit a government push towards eco... Read More


Maruti stock downgrade reflects growing woes of the auto sector

New Delhi, Aug. 2 -- Shares of Maruti Suzuki India Ltd have plunged this year, slammed by worries about future growth at India's largest carmaker amid changing government rules, especially on electric... Read More


Maruti's vehicle sales in July declined by 36%, highest in two decades

New Delhi, Aug. 1 -- Following the continued slowdown in the economy and tightening of credit norms by financial institutions, domestic wholesales of Maruti Suzuki India Ltd-- the country's largest pa... Read More


Maruti's vehicle sales in July declined by 36%

New Delhi, Aug. 1 -- Following the continued slowdown in the economy and tightening of credit norms by financial institutions, domestic wholesales of Maruti Suzuki India Ltd-- the country's largest pa... Read More


Eicher Motors Q1 net dips 22% to Rs.452 crore

New Delhi, July 31 -- Eicher Motors Limited - manufacturer of Royal Enfield brand of motorcycles and heavy commercial vehicles - on Tuesday reported 21.5% year on year decline in net profit to Rs.452 ... Read More