The government has said that the Ethanol Blended Petrol (EBP) Programme is a major component of India’s energy strategy,. (E85 petrol – ANI photo) Seeking to clarify the goals and usage implications of ethanol-blended petrol, the government has come out with a list of Frequently Asked Questions (FAQs). The move comes amid backlash and concerns…
MUMBAI: Auto financiers are pushing for innovation in lending, with a shift towards embedded finance and partnerships instead of generic EMI products, even as global markets adopt integrated digital credit at the point of sale.Speaking at the Federation of Automobile Dealers Association (FADA) 5th Finance and Insurance Summit 2026 in Mumbai Rajan Pental, executive director…
Volkswagen India today finally launched the new entry-level Volkswagen Tayron Life SUV in the Indian market, priced at Rs 41.99 lakh (ex-showroom). The new Tayron Life sits below the range-topping R-Line trim and is priced about Rs 5 lakh lower, making it a more affordable alternative. The VW Tayron Life will be locally manufactured at…
MUMBAI: Bank of Maharashtra reported a net profit of Rs 2,023 crore in Q1FY27, up 27% from Rs 1,594 crore in the corresponding quarter a year earlier, driven by higher net interest income and non-interest income as loan growth lifted interest earnings while other income streams strengthened. The increase in net profit was driven by…
MUMBAI: India’s foreign exchange reserves rose by $7.3 billion to $674.2 billion in the week ended July 3, driven largely by an increase in foreign currency assets and a rise in the value of gold holdings. The gain reflects both valuation effects and accretion in underlying assets, with the two dominant components of reserves accounting…
India’s imports of Russian crude reached a record high in June. (file PTI photo of Russian oil tanker) Russia is one of the few countries in the world that stands out for being one of the biggest exporters of crude oil and also among the largest refiners. But, four years after Moscow’s war with Ukraine…
India Yamaha Motor has entered the flex-fuel motorcycle segment with the launch of the FZ Blue Flex at an introductory price of Rs 1,24,240, ex-showroom. The new motorcycle is designed to run on ethanol-blended fuels ranging from E20 to E85.The FZ Blue Flex is based on Yamaha’s popular FZ platform and uses a 149cc, air-cooled,…
Indian Railways has cleared the introduction of a 10-coach Hydrogen Fuel Cell-based trainset. India’s first hydrogen train has been notified by Indian Railways. The new hydrogen-powered train is expected to be flagged off by PM Narendra Modi on July 17. He will also unveil a series of other infrastructure projects across Haryana, state minister Krishan…
BMW Group India has reported its best-ever first-half sales performance, delivering 9,075 cars between January and June 2026. The luxury carmaker recorded a 17 percent year-on-year growth during the period, while second-quarter sales also rose 17 percent to 4,507 units.A major contributor to the strong performance was the company’s electric vehicle EV portfolio. BMW Group…
Nissan India has just launched the much-anticipated Nissan Tekton SUV in the Indian market. Interested customers can book the new Tekton online or by visiting their nearest dealerships by paying Rs 21,000, and deliveries will start from July 20. The new Tekton shares its platform with the new Renault Duster and will be manufactured at…
