Seeking a turnaround in fortune, the auto industry has been seeking government support and reduce the burden of transition to BS-VI with lower GST rate
If we are to become a $5 trillion economy, then we need at least 7 per cent to 8 per cent GDP growth, if not higher, says Sajjan Jindal
The proposal was put forth for final approval earlier this month by the Board of Approval (BoA) for SEZs under the chairmanship of Anup Wadhawan, Secretary, Department of Commerce
The move is aimed at helping collectors of such vehicles avoid harassments from enforcement agencies, an official said.
Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.
A committee of secretaries (CoS) recommended to the ministry redesigning of the scheme
The country that hosts the world's fourth largest automobile industry is a late starter in recycling of ELVs in an environmentally sustainable way
A well-implemented policy will not just help boost demand for motor vehicles, but will also help create jobs and alleviate the consumption and demand slowdown across demographics
The much-awaited policy has received a go-ahead from the Prime Minister's Office and is awaiting approval from the GST Council
Road transport minister Nitin Gadkari said the central government will gain Rs 4,000 cr while states will gain Rs 10,000 cr, and industry sales will grow 22%