These are the most expensive and the most powerful Royal Enfield bikes in India till date.

In its most ambitious foray yet, home-grown cruiser bike maker Royal Enfield on Wednesday launched the Interceptor twins in the North American markets at $5999-6749 (Rs 4.2-4.7 lakh).

Iconic US bike maker Harley Davidson on Monday announced it will form an alliance with an Asian manufacturer to develop a small displacement (250-500cc) mobike for emerging markets like India and other Asian countries.

BMW Motorrad, the superbike arm of the German luxury car giant on Wednesday launched its most affordable and small superbike yet -- the G310R and G310S at Rs 2.99 lakh and Rs 3.49 lakh respectively.

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The company has a 19 per cent share in the premium (500cc and above) bike segment on the back of a 63 per cent annual average growth in the last four years.

Punjab National Bank (PNB) has detected fraudulent transactions worth $1.77 billion at a single Mumbai branch in a case that could affect more banks and raise fresh questions about lending procedures at Indian banks mired in soured debt.

The government may have slashed the duty by about 25 per cent, but it was not enough to convince US President Donald Trump who wanted India to cut import duty to zero.

Earlier, import of motorcycles with engine capacity of 800cc or less used to attract 60 per cent duty, while those with capacity of 800cc or more attracted 75 per cent duty.

The Royal Enfield Himalayan, as per the company's teaser posted on its website, will be launched in the snow-camouflage paint scheme on January 12. The new colour variant would add a mountainous touch to the hugely-popular adventure riding motorcycle from the company.

Mahindra and Mahindra subsidiary Classic Legends had acquired UK's motorcycle firm BSA in October 2016.

Powered by an all new 650cc and air cooled parallel twin engines with oil cooler for enhanced performance, the motorbikes, built for both city-riding and highway-cruising, can deliver 47PS of power at 7,100rpm and a peak torque of 52Nm at 4,000rpm.