In China, the world’s largest EV market, various Chinese carmakers, including BYD, are offering an improved line-up of hybrids, particularly plug-in hybrid electric vehicles.
On the surface, the collaboration seems like a masterstroke: Toyota brings global EV pedigree, and Maruti has local manufacturing prowess and market reach. But it’s more complex than that.
Renault’s decision to not bring the second-generation Duster to India in 2019 was a head-scratching one. At the time, Indian executives had claimed this was due to cost issues.
Indian auto manufacturers have expressed concern over slashing import tariffs on EVs and have requested for a gradual reduction to 30 per cent rather than dramatic cuts.
Car manufacturers are now realigning production, with a possible decline in the coming months across the board as they and dealers clear excess inventory.
Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 barrels of crude per day from the firm.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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