The hike in depreciation benefit will be valid for all vehicles bought between now and March 2020. It is expected to help clear the high inventory build up at dealerships across the country today

It is very important for a country and its politicians to set the right targets. It has become clearer than ever that we (the automobile industry) have to contribute to fighting climate change: Volkmar Denner, the Global CEO of Bosch

GST Council meet: Electric vehicles typically cost over 50 per cent more than their petrol and diesel counterparts and the high price has been cited as one of the big impediments in their growth.

TVS said RTR 200 Fi E100 can take a maximum 20 per cent petrol blended with 80 per cent ethanol, as 100 per cent ethanol is simply not available anywhere in the country

FM Nirmala Sitharaman said that the government has worked to incentivise transition towards cleaner systems, develop quality public transport, and generate renewable energy

Budget 2019: The Union Budget 2019 has made a clear demarcation between the traditional automobile industry- the one that uses internal combustion engine and uses fossil fuel, and the nascent electrical vehicle fraternity.

In the post-Budget interaction with the media, Finance Minister Nirmala Sitharaman elaborated on key Budget announcements from Rs-2 cess on petrol and diesel, 2 per cent TDS on cash withdrawal over Rs 1 crore in a year, fiscal deficit, corporate rate reduction to divestment

India needs to increase its per capita energy consumption by 2.5 times to enter the upper-middle-class income group, and quadruple it to be at par with nations with high human development

Foreign institutional investor flows into Indian equities are $11 billion year-to-date, surpassing the total annual tally in each of the four previous years and setting 2019 on course for the highest annual inflows since 2012

Private equity deal activity in India surged to $19 billion in 2018, the highest level in at least a decade