The government recently announced a WTO compliant Remission on Duties and Taxes on Export Products (RoDTEP) scheme that replaced the earlier Merchandise Export Incentive Scheme. Effective since the beginning of the year, the government is yet to notify the rates of the new scheme

Vaibhav Taneja, Venkatrangam Sreeram, and David Jon Feinstein have been appointed as directors of Tesla India; it has been incorporated as a private unlisted company

Finance minister Nirmala Sitharaman will present Budget 2021 in the backdrop of an exceptionally chaotic 2020 which witnessed not just the pandemic but also a souring of India-China relations. FM Sitharaman has raised hopes with a promise to deliver 'a Budget like never before'.  Will India-China relations  influence the upcoming  budget? Gopal Krishna Agarwal, National Spokesperson, BJP speaks to Sumant Banerji of Business Today.Also Read: Retail inflation declines to 4.59% in December, back in RBI's comfort range

Auto sales FY21: The strong growth has seen a reduction of inventory levels across segments, something that will soothe the nerves of dealers

In a year when the overall economy was battered by the pandemic, almost all cars in the top 10 list registered a decline in sales. The only exception was new entrant Kia Seltos where a year on year comparison isn't possible as it was launched only in August 2019

Refreshed version comes with two-engine options --1.5 litre turbocharged petrol and a 2-litre turbocharged diesel engine. Petrol version is offered with both manual and automatic transmissions while diesel version comes only with a manual gearbox

Jeep Compass SUV launch: Fiat Chrysler said production of the vehicle has already begun with dispatches to dealerships slated to start shortly

Launched in April 2019 with a plan to put at least 1 million high-speed electric two-wheelers on the road by March 2022, the actual cumulative sale since January 2019 has been only 52,959 with the scheme accounting for 31,813 units of these

The workers were engaged in maintenance work at coal chemical department. They lost conscious after a suspected carbon monoxide leakage at 9 AM and were rushed to the local hospital, where they succumbed after a few hours

In the seven seater format, Tata Safari will compete with the likes of Mahindra XUV5OO and Chinese carmaker SAIC own upcoming Hector 7 seater model  

New Fortuner boasts of features like a new front grille, sculpted side-pontoon shaped bumper, and headlamp design with led line guide. On inside, Toyota has added suction-based seat ventilation system and a larger smart playcast touchscreen

Lack of semiconductor manufacturing is turning out to be the biggest hurdle in India's tryst with self-reliance in electronics. It requires 'out of the box' thinking by government and industry

West Bengal is the number one state in buying the dirtiest coal power in the country with most of the stations supplying electricity to the state having not taken adequate measures to comply with December 2015 sulphur dioxide norms notified by the government

The iconic Jeep Wrangler and next generation Grand Cherokee flagship SUVs would be locally assembled at the company's Ranjangaon facility

The Mahindra-Ford joint venture isn't the first partnership to fail in the auto world, nor will it be the last. Here are five instances where collaborations in the past have gloriously missed their target

Addressing a webinar organised by Care Ratings, V R Sharma, the managing director of JSPL said the government should instead lead by example by asking PSUs like Steel Authority of India Ltd and Rashtriya Ispat Nigam Ltd to reduce prices

From facing a potential collapse to becoming one of the best performing automotive firms in the country, Nikhil Nanda has scripted a remarkable turnaround story at Escorts

In a tough year, with the odds stacked against him, Kenichi Ayukawa ensured Maruti Suzuki stayed on course and ahead of its peers

Anil Rai Gupta of Havells is reaping the fruits of relying on own resources and an acquisition that is starting to pay off

While the going has generally been tough in India's domestic passenger vehicle industry, even before the pandemic hit the economy, Honda's struggle for growth has predated that