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Supply chain challenges, including the rising price of steel, unavailability of semiconductors and higher container charges, continue to be obstacles in smooth functioning of industry, says Rajesh Menon, Director General, SIAM

Responding to a question on if the government is aware of the reports that the companies have shut down operations due to red tapism and high taxes, the minister said no such thing has been reported.

If an incentive-based scrappage policy is adopted in the Budget 2021, it shall boost demand for new vehicles while helping the government achieve its targets for reducing carbon emissions

Farm bills have potential to represent important measure for agri reforms in India: IMF The International Monetary Fund (IMF) believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms, a spokesperson of the organisation said here. There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system, Gerry Rice, Director of Communications at...

Total production of passenger vehicles, three-wheelers, two-wheelers and quadricycles in December stood at 1,907,811 units against 1,750,347 units in December 2019, recording 9% growth

After the devastating effects of the COVID-19 pandemic, it is expected that the auto industry will see stronger growth in 2021-22, said Ashim Sharma, partner and group head at NRI Consulting & Solutions India

Shipping freight rates have surged since July and companies are now finding it 'almost impossible to sustain normal trade operations', said Rajesh Menon, director general at the Society of Indian Automobile Manufacturers (SIAM)

It is estimated that during the prolonged lockdown, the auto industry suffered losses of more than Rs 2,300 crore in turnover for every single day of closure

Mahindra & Mahindra said the price hike decision has been taken in wake of the increase in commodity prices and various other input costs

The auto major had discontinued diesel models from its portfolio with the onset of stricter BS-VI emission norms from April this year

SIAM on Friday released inaccurate industry sales data for November with inflated numbers for Maruti Suzuki and later revised it

The Bengaluru-based startup said it intends to transition to a 100% EV fleet by the third quarter of 2021

Job portal Indeed.com conducted a survey in the country in which it was found that 47 per cent of employers changed their hiring process to virtual mode amid the COVID-19 pandemic

In financial year so far (April-November), total production of all categories of vehicles stands at 13,160,377 units against 18,356,431 units sold during same period last year, recording a decline of 28.31%

Russian coronavirus vaccine Sputnik V 92% effective, show interim trial results Russian coronavirus vaccine Sputnik V is 92 per cent effective in protecting people from coronavirus, show interim trial results. The interim trial results were announced by Russia's sovereign wealth fund Russian Direct Investment Fund on Wednesday. RDIF is backing the vaccine and marketing it globally. Sputnik V coronavirus vaccine is currently undergoing phase III testing stage in Belarus, UAE, Venezuela and o...

The US State Department granted nearly 15,000 student visa (F-1) to Indian between October 2019 and September 2020, a drop of 64 per cent compared to the previous year

Two other cars -- Hyundai Grand i10 Nios and Kia Seltos were also tested and though they fared better than the S-Presso, none of them managed to get a very high rating

Congratulating both Celine and Karnataka origin Vivek Murthy, Chief Minister Edappadi Palaniswami tweeted, \"I'm extremely happy that @celinegounder & @vivek_murthy have been appointed in the National Pandemic Taskforce of US to combat #COVID19\"