India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
New Delhi [India], July 1 (ANI): Bajaj Auto Limited reported nearly flat total sales for June 2025 on a year-on-year basis, as gains in the commercial vehicle segment balanced the dip in two-wheeler sales. The two-wheeler segment recorded a 2 per cent YoY decline, falling to 2,98,484 units in June 2025 from 3,03,646 units in June 2024. Domestic sales dipped 16 per cent, but exports rose by 18 per cent, reflecting a shift in market dynamics. Additionally, from the period of April to June 2025, the total vehicle sales were at 11,11,237. Among the total sales, 6,34,808 and 4,76,429 were domestic sales and exports, respectively.On the other hand, the commercial vehicle segment witnessed a strong 14 per cent growth YoY, with total sales rising to 62,322 units in June 2025, compared to 54,831 units in the same month last year. Domestic sales remained stable at 39,143 units, while exports jumped 49 per cent to 23,179 units.Total sales, comprising 2-Wheelers and commercial vehicles, were at 3,60,806 vehicles for June 2025, which was just 1 per cent up as compared to 3,58,477 vehicles in June 2024. Notably, the split between domestic and export two-wheeler sales was nearly equal in June 2025.For the April-June 2025 quarter, total sales stood at 11,11,237 units, with 6,34,808 units sold domestically and 4,76,429 units exported, indicating a 1 per cent overall growth compared to the same period in 2024. While domestic sales declined 8 per cent, exports surged 16 per cent.The April-June figures also show that total two-wheeler sales remained flat year-on-year at 9,48,791 units, indicating subdued demand despite broader market recovery signs. Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. (ANI)
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
New Delhi: The house-listing operations for the forthcoming census will begin from Apr. 1, 2026, marking the start of the first phase of the decennial exercise, the Registrar General of India has said. In a letter to Chief Secretaries of States and Union Territories, Census Commissioner and Registrar General of India Mrityunjay Kumar Narayan said the House-listing Operations and Housing Census shall begin on Apr. 1, 2026. Before that the appointment of supervisors, enumerators and work distribution among them shall be done with cooperation from States and District Administrations, it said. ...Read More >
New Delhi: India's electric vehicle market witnessed mixed trends in June 2025, with electric cars, two-wheelers, and buses registering growth while sales of passenger and cargo electric three-wheelers declined month-on-month, according to a report by JMK Research & Analytics. Sales of high-speed electric two-wheelers (E2Ws) rose 5 per cent month-on-month to 1,05,282 units in June. The top three players continued to dominate the segment, accounting for about 65 per cent of the total registrations. Passenger electric three-wheeler (E3W) sales stood at 51,698 units in June, showing a 7 per cen ...Read More >
New Delhi, Aug 14 (PTI) Passenger vehicle dispatches from companies to dealers in the domestic market declined marginally year-on-year in July, hit by muted demand, industry body SIAM said on Thursday. Passenger vehicle wholesales stood at 3,41,510 units in July 2024. "All vehicle segments posted stable performance in July 2025, though overall sentiments in the passenger vehicles segment have remained subdued," Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon said in a statement. Two-wheeler dispatches rose 9 per cent year-on-year to 15,67,267 units last month ...Read More >
Palakkad: A seven-year-old girl died in front of her father after falling from a scooter and being run over by a bus at Kozhinjampara on Monday, police said. The victim, identified as Nafisath Misriya, was a Class two student at St Paul's School in Kozhinjampara. She was travelling with her father to school when the accident occurred on the Palakkad-Pollachi Road, reported PTI. According to police, the scooter lost control after an autorickshaw ahead braked suddenly to avoid a pothole. Both fell onto the road, but Nafisath was struck by a bus approaching from behind. Though bystanders rushe ...Read More >
NEW DELHI: The government on Saturday extended the term of the chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal by one year, an official notification said.The Appointments Committee of the Cabinet approved the re-appointment of Agrawal, an IRS officer of the 1988 batch, as CBDT chairman for one year from July 1 this year to June 30, 2026, on contract basis.Agrawal took over as the CBDT chairman from Nitin Gupta in June 2024 after Gupta's extended tenure ended. Agrawal has been a member of CBDT. He was member administration and had served as DG investigation in Delhi. The gover ...Read More >
New Delhi, Jul 11 (PTI) Inter-ministerial consultations are underway for a ₹1,345-crore scheme to subsidise production of rare earth magnets in India with two select manufacturers proposed to be given incentives, Union Heavy Industries Minister H D Kumaraswamy said on Friday. The proposed scheme comes in the wake of China restricting exports of rare earth magnets that has hit global supplies, impacting EV makers, including in India. It will provide end-to-end support for conversion of rare earth oxides into magnets. The proposal may be sent to the Union Cabinet for approval once the inter-m ...Read More >
Pune: Automobile industry in India reported a mixed sales performance in August 2025 with passenger vehicle sales declining, while three-wheeler and two-wheeler segments registered growth, the Society of Indian Automobile Manufacturers or Siam said on Monday. Passenger vehicle sales dropped 8.8 per cent on year at 3.2 lakh units in August 2025, with the auto industry attributing the fall to recalibration of dispatches by manufacturers to dealers. On the other hand, the three-wheelers clocked its highest-ever sales for August, growing 8.3 per cent on year at 75,759 units. The growth was drive ...Read More >
Shimla: Heavy rains lashed Himachal Pradesh on Sunday, triggering landslides and flash floods and blocking more than 100 roads, even as the weather department issued a red alert.A landslide at Chakki Mod near Parwanoo blocked the Chandigarh-Shimla highway for hours, resulting in a massive traffic jam Sunday morning. The local administration had to divert traffic through the Jangeshu link road until the landslide debris was cleared at Chakki Mod.The traffic was first restored one-way and later two-way, but the traffic jam continued on both sides of the highway throughout the day due to slow veh ...Read More >
New Delhi, Aug 28 (PTI) There is a need to introduce small cars entailing a lower tax slab to offer an alternative to consumers at the lower end of the pyramid to shift from "risky" two-wheelers to passenger vehicles, Maruti Suzuki India Chairman RC Bhargava said on Thursday. Speaking at Maruti Suzuki's 44th Annual General Meeting here, noted that with changes in emission and safety regulations over time, the cost of entry-level cars has increased, making them unaffordable for many prospective buyers. "Considering that a large percentage of the population is dependent on two-wheelers for per ...Read More >
New Delhi: Road transport and highways minister Nitin Gadkari on Friday said the Centre and states could earn up to ₹40,000 crore in goods and services tax (GST) if all the 9.7 million unfit and polluting vehicles in the country are scrapped. A total of 300,000 such vehicles have been scrapped till August, including 141,000 government vehicles, said Gadkari, addressing the annual session of the Automobile Component Manufacturers Association of India (ACMA). "According to our estimate, there are 9.7 million (unfit and polluting) vehicles, which we need to scrap...7 million jobs will be create ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, under the Ministry of Energy, Water and Mines, Republic of Benin. The scope of the contracts cover ...Read More >
New Delhi [India], July 1 (ANI): The Delhi Police on Tuesday seized two end-of-life vehicles (ELVs), a 15-year-old petrol bike and a 10-year-old diesel bike, from a petrol pump in the city, as part of its ongoing enforcement of scrappage rules for outdated vehicles. Traffic officials confirmed that both motorcycles were found operating in violation of the National Green Tribunal (NGT) guidelines, which prohibit the use of petrol vehicles older than 15 years and diesel vehicles older than 10 years in the national capital. While speaking to ANI, Ashok Kumar, Traffic Inspector, said, 'Two motor ...Read More >
Bengaluru : TVS Motor Company recorded monthly sales of 402,001 units in June 2025 with a growth of 20% as against 333,646 units in the month of June 2024. Two-Wheeler Total two-wheelers registered a growth of 20% with sales increasing from 322,168 units in June 2024 to 385,698 units in June 2025. Domestic two-wheeler registered growth of 10% with sales increasing from 255,734 units in June 2024 to 281,012 units in June 2025. Motorcycle registered a growth of 24% with sales increasing from 152,701 units in June 2024 to 188,774 units in June 2025. Scooter registered a growth of 26% with sale ...Read More >
New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could slow and expansion plans may take a hit. In April this year, China imposed an export curb on rare- ...Read More >
Sample of Earth Minerals. (Representative) Quick Read Summary is AI generated, newsroom reviewed. India is negotiating with companies to create long-term rare earth magnet stockpiles. The initiative aims to reduce dependence on China, which controls 90% of magnet processing globally. The government is considering fiscal incentives to boost domestic production of rare earth magnets. New Delhi: India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with the matter said. Building ...Read More >
Chennai, June 2025: India Yamaha Motor (IYM) Pvt. Ltd. is proud to commemorate a significant milestone in its manufacturing journey with the completion of 10 years of operations at its Chennai Factory. Reinforcing its role as a critical production base for both domestic and global markets, the company also celebrated the roll-out of its 5 millionth two-wheeler from this state-of-the-art facility -- an Aerox 155 Version S that marked the milestone. Over the past decade, the Chennai plant has become a cornerstone of Yamaha's global operations to serve both Indian customers and export markets. I ...Read More >
New Delhi [India], July 1 (ANI): Bajaj Auto Limited reported nearly flat total sales for June 2025 on a year-on-year basis, as gains in the commercial vehicle segment balanced the dip in two-wheeler sales. The two-wheeler segment recorded a 2 per cent YoY decline, falling to 2,98,484 units in June 2025 from 3,03,646 units in June 2024. Domestic sales dipped 16 per cent, but exports rose by 18 per cent, reflecting a shift in market dynamics. Additionally, from the period of April to June 2025, the total vehicle sales were at 11,11,237. Among the total sales, 6,34,808 and 4,76,429 were domestic ...Read More >
Bengaluru : TVS Motor Company - a leading global automaker that operates in the two and three-wheeler segments - marked 20 years of its flagship motorcycle, TVS Apache by launching limited-edition variants across its fiery lineup - TVS Apache RTR 160, 180, 200 and TVS Apache RR310 and RTR310 while raising the benchmark for sports motorcycles in India with new, top-of-the-line trims, of the RTR 160 4V and RTR 200 4V. The limited-edition line-up features a unique black-champagne-gold livery, dual tone alloy wheels and USB charger and much more, making them true collector's pieces. The new 4V v ...Read More >
Bengaluru, Sep 13: Ten persons, including five engineering students, were killed and over 20 injured when a truck ploughed through a Ganesha immersion procession on Friday night at Mosale Hosalli on the outskirts of Hassan. The condition of 10 of the injured is said to be critical, and they are undergoing treatment at HIMS Hospital. While the Karnataka government has announced ₹5 lakh compensation to the families of the deceased, the Union government has announced ₹2 lakh ex gratia for each of them. The incident took place around 8.30 pm, when a speeding container truck lost control, jumped ...Read More >
BENGALURU, India -- An innovative portable shelter recently exhibited in one of India's largest cities shows how smart, cheap ways to help workers escape the heat are gaining traction in a country that's particularly vulnerable to climate change-driven extreme temperatures. The Neralu shelter, winner of a design contest in the southern city of Bengaluru, was displayed at the Sweat and Concrete 2025 event in late May alongside a theatrical performance about heat impacts on outdoor workers and exhibits on heat-related studies. Organizer Kanishk Kabiraj said the aim of the exhibition is to raise ...Read More >
New Delhi, Aug 14 (PTI) Passenger vehicle dispatches from companies to dealers in the domestic market declined marginally year-on-year in July, hit by muted demand, industry body SIAM said on Thursday. Passenger vehicle wholesales stood at 3,41,510 units in July 2024. "All vehicle segments posted stable performance in July 2025, though overall sentiments in the passenger vehicles segment have remained subdued," Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon said in a statement. Two-wheeler dispatches rose 9 per cent year-on-year to 15,67,267 units last month ...Read More >
New Delhi: Passenger vehicle dispatches from companies to dealers declined 9 per cent year-on-year to 3,21,840 units in August, as companies recalibrated supplies to adjust to low market demand. Passenger vehicle wholesales stood at 3,52,921 units in August 2024. Sales of passenger vehicles saw a dip primarily due to recalibration of dispatches by manufacturers, the Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon said in a statement on Monday. Demand dipped in August, as customers postponed purchases in anticipation of the GST rate cut and the reduction in ve ...Read More >
New Delhi, Jun 27 (PTI) The government, industry and academia are working to resolve the issues concerning rare earth magnets, which are used in the automobile sector and other devices, a senior Meity official said on Friday. The technology exists to make rare earth magnets but to produce them at a commercially competitive rate is a challenge, Ministry of Electronics and IT, Additional Secretary, Amitesh Sinha said. Speaking on the sidelines of the Tec-Verse event showcasing PSU technology research, Sinha said that to solve the issues concerning rare earth, all three partners - government, i ...Read More >
NEW DELHI, July 18: Bangladesh has apprehended 34 Indian fishermen for allegedly fishing in its territorial waters and India has been pressing Dhaka to ensure their safe and early return, official sources said on Friday. The fishermen along with their two fishing trawlers were apprehended on the intervening night of July 14 and 15, they said. Immediately after information about the incident was received, the Indian high commission in Bangladesh took up the matter with Bangladeshi authorities and immediate consular access to the fishermen, the sources said.A total of 34 Indian fishermen along ...Read More >
Hyderabad: In a move to enhance road safety, the state govt has issued fresh guidelines making quality and govt approved reflective tapes and rear marking plates mandatory on a wide range of vehicles. The decision comes amid concerns that night-time accidents are often caused by poor visibility of heavy vehicles parked or moving slowly on highways.The order, issued by the transport, roads & buildings department, covers two-wheelers, auto-rickshaws, goods carriers, passenger buses, tractors, trailers, and construction equipment. To ensure compliance, a QR code-based management information syste ...Read More >
CHENNAI: The Centre has cleared the decks for bike taxis by allowing state governments to permit non-transport (private) motorcycles to carry passengers through aggregator platforms. The move comes under the newly released Motor Vehicle Aggregator Guidelines, 2025 and marks the first time private registered two-wheelers have been considered for commercial ride services. The decision comes even as auto and cab driver associations in Tamil Nadu continue to push for a ban on bike taxis, citing safety and livelihood concerns. Karnataka has already banned the service. The guidelines, issued by th ...Read More >
Mysore/Mysuru: Amidst intense opposition from the business community and city planners, the State Government has decided to go ahead with the relocation of the KSRTC Sub-Urban Bus Stand from Bengaluru-Nilgiri Road to KSRTC-owned land in Bannimantap, where its depot currently functions. Traders fear the move will hurt foot traffic and sales in the heart of the city, while urban planners warn it could choke the already-congested Bengaluru-Mysuru Road. Despite these concerns, the Government has brushed aside all objections and is moving forward with the project. Chief Minister Siddaramaiah is s ...Read More >
Gurugram, July 8: BMW Group India on Tuesday announced to appoint Hardeep Singh Brar as the President and Chief Executive Officer (CEO), effective from September 1. Brar succeeds Vikram Pawah who is taking charge as Chief Executive Officer of BMW Group Australia and New Zealand, the luxury automaker said in a statement. "India is among the fastest growing markets for BMW Group and an important pillar of our long-term success strategy for the region. Hardeep Singh Brar holds vast expertise and an intricate understating of Indian automotive industry to lead this dynamic market and strengthen BM ...Read More >