Maruti Suzuki and Hyundai’s shares in the PV segment fell to 12-year lows, while Hero MotoCorp’s share also dropped significantly. Mahindra & Mahindra and Toyota Kirloskar bucked the trend, posting gains amid sluggish market conditions.
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After Elon Musk’s abrupt cancellation of his India trip to prioritize a deal in China, India is urged to diversify its EV strategy. The article suggests embracing BYD, a leading Chinese EV manufacturer, to boost India’s EV ambitions and address…
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The International Monetary Fund has significantly lowered its global growth forecast for this year to 2.8%, attributing the downturn to the impact of US President Trump’s tariff policies. This revision reflects concerns over trade tensions and their potential to disrupt…
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President Donald Trump has confirmed he will not fire Federal Reserve Chair Jerome Powell, despite days of public criticism over interest rates. This easing of tensions lifted investor sentiment, while Trump hinted at potential tariff cuts in a future China…
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India and the US have finalized terms for a Bilateral Trade Agreement, marking the Trump administration’s first such framework. The US aims to address trade imbalances and open markets for American goods, focusing on tariff and non-tariff barriers. Both nations…
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“Although the dampening global economic outlook could impact India’s economic growth through weaker external demand, the domestic growth engines are relatively less susceptible to external headwinds,” said the report.
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