Economy

New Delhi: India's two-wheeler sales are expected to contract by 1-4 per cent year-on-year (YoY) in FY22 due to weak festive season performance, ICRA said on Monday. Accordingly, the rating agency cited that the relentless increase in…
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Mumbai:  The 30-scrip Sensitive Index (Sensex) on Monday opened on a negative note during the morning trade session. At 10 a.m. the S&P BSE Sensex of the BSE traded at 59,235 points, down 0.67 per cent. It opened at 59,710 points…
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San Francisco:  Ford Motor and Rivian have cancelled plans to co-develop an electric vehicle (EV), the companies confirmed. The two companies initially announced the development of a joint vehicle when the automaker invested $500 million…
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New Delhi:  Delivery of MG Astor vehicles could get delayed because of shortages of chips and semiconductors in the market, said Gaurav Gupta, Chief Commercial Office of MG Motor India. "We are all facing a situation very unprecedented.…
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New Delhi:  Electric vehicle (EV) manufacturer Ola Electric on Saturday announced that customers in over 1,000 cities and towns will be able to test ride and experience the Ola S1 electric scooter. The test rides will be initially open…
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New Delhi: Luxury car manufacturer Mercedes-Benz India on Friday launched the hatchback 'AMG A 45 S 4MATIC+' priced at Rs 79.50 lakh (ex-showroom all-India). According to the company, the hatchback is powered by a turbocharged…
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Mumbai:  India's foreign exchange reserves fell by $763 million during the week ended November 12. The Reserve Bank of India's forex reserves declined to $640.112 billion from $640.874 billion reported for the week ended November 5.…
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New Delhi:  Elon Musk-run SpaceX is now aggressively hiring for the India market, after it appointed Sanjay Bhargava as the country director for its satellite company Starlink, and announced that it has registered its business in the…
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Chennai: Sundaram Asset Management Company Limited (Sundaram AMC) on Friday said it has received the regulatory approval to acquire the asset management business of Principal Asset Management Pvt Ltd (Principal India). Sundaram AMC is a…
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New Delhi: The Economic Offences Wing of the Delhi Police have arrested a fraudster for illegal sale of government property worth Rs 45 crore, an official said here on Friday. Furnishing details about the case, which probably seemed…
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