India eyes $100 bn trade with Latin American & Caribbean countries

New Delhi (IANS) India is keen to double its trade with Latin American and Caribbean (LAC) countries to $100 billion and the path is very clear, Commerce Secretary Sunil Barthwal said here on Wednesday. 

Addressing the 10th CII India-LAC Conclave…

Hero Motors joins Germany’s STP to manufacture forged powertrain parts in India

New Delhi (IANS) Hero Motors Limited (HML) on Tuesday announced a strategic joint venture (JV) with SchmiedeTechnik Plettenberg (STP), Germany, to manufacture forged powertrain components in India for global markets. 

The manufacturing facility…

Kia India to increase car prices by up to 3 pc from April 1

New Delhi (IANS) Kia India on Tuesday announced a price hike of up to 3 per cent across its entire lineup, which will take effect from April 1. 

The company stated that the decision was driven by rising commodity prices and increasing supply…

Maruti Suzuki India announces up to 4 pc price hike from April

New Delhi (IANS) Leading automaker Maruti Suzuki India Ltd on Monday announced its third price hike this year — up to 4 per cent which is effective from April — to offset rising input costs amid moderating sales. 

The price increase on the…

Impact of US tariffs on India minimal as country diversifies exports kitty: SBI report

New Delhi (IANS) The impact of US trade reciprocal tariffs on India will be minimal as the country has diversified its exports kitty, pitched value addition, exploring alternate areas and works on new routes that transcend from Europe to the US via…

India’s paper industry poised to recover in 2025-26: Report

Mumbai (IANS) The Indian paper industry is poised for a gradual turnaround despite the acute margin pressures that it has been facing due to rising imports and raw material costs in FY24 and the first 9 months of FY25, according to a report by CareEdge…

FIIs selling decline in Indian market, to stabilise in next quarter: Experts

New Delhi (IANS) FII selling in India continues in early March, but the intensity of selling is slowly declining as valuations are becoming reasonable in the stock market, according to experts. 

This month (up to March 14), FIIs have sold equity…

India's defence sector on fast track to become global powerhouse: Report

New Delhi (IANS) India's defence industry is rapidly evolving into a global powerhouse as the country's defence exports surged to an all-time high of Rs 21,083 crore in FY24 -- a 32.5 per cent increase from the previous year's Rs 15,920…

Tesla seeks certification for two electric car models it wants to sell in India

New Delhi (IANS) Elon Musk-led Tesla Inc. has initiated the process for the certification and homologation of two of its electric cars in India, which is an essential requirement for all vehicles before they can be sold in the country. 

Tesla…

Tata Motors forays into Sri Lanka with all-new vehicle portfolio

New Delhi (IANS) Expanding its global footprint, Tata Motors on Thursday announced the launch of its all-new passenger and electric vehicle (EV) portfolio in Sri Lanka. India’s leading automobile manufacturer, along with its partner DIMO launched…