Rating agency Icra on Monday said most of the indicators have displayed a year-on-year (y-o-y) expansion in December 2020, which signals a tentative return to pre-COVID normalcy

President-elect Joe Biden has unveiled a stimulus package of $1.9 trillion designed to jump-start the economy during the coronavirus pandemic; 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; Passenger vehicles sales grew 13.59 per cent in December 2020 at 252,998 units compared to 222,728 units in December 2019. Watch this and more on News Blast.Also Read: COVID-19 vaccination drive: Eleven states give nod to Covaxin

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

Extending Monday's rally of 11 per cent, Tata Motors shares hit 52-week high of Rs 249.50, up 13.35 per cent, on the BSE

China is the world's biggest auto market, plus the largest for all-electric vehicles with sales volumes expected to reach roughly 1.5 million vehicles this year

According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,18,775 units in December 2019

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

The company, a joint venture between Japanese auto major Toyota and Kirloskar Group, has witnessed a 6 per cent increase in wholesales in the October-December quarter

The company had produced a total 1,15,949 units in the same month of 2019, Maruti Suzuki India (MSI) said in a regulatory filing

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

As per the the Finance Ministry's latest monthly economic review, the impending COVID-19 vaccination is set to accelerate the momentum in economic activity globally

The company on Saturday beat Wall Street targets for annual vehicle deliveries, but missed by 450 units Chief Executive Officer Elon Musk's target of half a million cars in 2020

Tesla has pinned hopes on new markets such as Europe and Asia, with competition intensifying in its home turf as legacy automakers double down on their investments in the booming EV space

The company, which primarily makes two-wheelers and three-wheelers, had sold 2,31,571 units in December 2019, TVS Motor Company said

During 2020, sales of motor spirit have increased by 108 per cent and diesel by 96 per cent over the previous year, IOC director (marketing) Gurmeet Singh said

The country's largest carmaker Maruti Suzuki India (MSI) reported 17.8 per cent increase in sales in December at 1,46,480 units as against 1,24,375 units in December 2019

Domestic passenger vehicle (PV) sales stood at 23,545 units last month as against 12,785 units in December 2019, up 84 per cent, Tata Motors said in a regulatory filing

In the domestic market, passenger vehicle sales were up 3 per cent to 16,182 units last month, compared to 15,691 units in December 2019