Finance Minister Nirmala Sitharaman has said that the automobile sector, facing its worst slowdown, has been ‘affected by the mindset of millennials’ who don’t want to pay EMIs for a vehicle and prefer Ola and Uber rides.
The research centre is its first incursion into the US and will focus on research into areas from electric cars to autonomous vehicles and artificial intelligence.
Better highways mean trucks can carry bigger loads, so demand for trucks is falling. Such improved productivity must be taken into GDP consideration, but is it?
India should have secured greater savings by pressing Russia for prices nearer the cap while sustaining high volumes. This would have preserved strategic autonomy and served economic logic.
One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.
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