Mihir Mishra is Deputy Associate Editor with the Indian Express and writes on banking and infrastructure issues. He has worked with The Economic Times and Business Standard and is an alumnus of Indian Institute of Mass Communication. Follow him on Twitter @mihirmishra
February 01, 2023 12:27 IST
The announcement has come during a year when the auto companies are predicting a slowing of sales in the automobiles after a record year of 2022, where car makers sold record numbers despite semiconductor shortage impacting manufacturing during the early part of the year.
Wed, Feb 01, 2023January 31, 2023 15:29 IST
However, the Survey predicted that India's trade deficit will stay under control despite slowing exports due to a variety of reasons.
Tue, Jan 31, 2023January 31, 2023 04:16 IST
"The size of the industry (luxury car market in India) was 41,000 in 2018 but shrank to something like 18,000-19,000 units or even lesser in 2020. So, this was expected because of Covid-19," said Soni.
Tue, Jan 31, 2023January 19, 2023 13:45 IST
With Mahindra entering the EV market, competition in the sector is heating up. The Indian automobile industry recorded its highest-ever annual domestic passenger vehicle sales in 2022 with 37.93 lakh units sold, growing 23.1 per cent from the preceding year.
Fri, Jan 20, 2023January 17, 2023 13:01 IST
This order (in terms of size and type of the aircraft) will not just give guidance on the future plans of Air India but also be an indicator of the Indian aviation’s future.
Tue, Jan 17, 2023January 12, 2023 04:01 IST
A major trend at the Auto Expo 2023, happening after a span of three years, was the lack of any major launches of pure-play petrol or diesel models.
Thu, Jan 12, 2023January 11, 2023 07:40 IST
A mix-up involving the number of buses ferrying passengers to the aircraft is to blame. The DGCA has issued notice to the airline
Thu, Jan 12, 2023December 31, 2022 03:50 IST
According to data compiled by the government-owned Airports Authority of India, the movement of private jets and helicopters showed a 16.5 per cent dip during April-November this year as compared to the same period last year.
Sat, Dec 31, 2022December 29, 2022 12:41 IST
The scuffle ensued after a passenger refused to keep his seat in the upright position before takeoff, according to the “incident report” shared with the Directorate General of Civil Aviation (DGCA) by the airline.
Fri, Dec 30, 2022December 27, 2022 04:18 IST
The rise in numbers even led to complaints recently of key airports being choked, prompting an intervention by Civil Aviation Minister Jyotiraditya Scindia and Government agencies during the second week of the month.
Tue, Dec 27, 2022December 26, 2022 05:00 IST
Companies say that the growing preference for personal mobility has gained traction post Covid
Tue, Dec 27, 2022December 21, 2022 04:00 IST
Data on Non-Performing Assets (NPAs) in education loans of Public Sector Banks (PSBs), obtained through the Right to Information Act, show that the default rate is much lower for loans disbursed to students in premier institutes as compared to those in secondary institutes.
Wed, Dec 21, 2022December 14, 2022 05:40 IST
Domestic daily passengers in the country have been over 4,00,000 for the last ten days and hit a peak of over 4,28,000 on December 11 — this is not just the highest passenger number post-Covid, but the highest in India.
Wed, Dec 14, 2022December 11, 2022 19:24 IST
The airport will see commercial operations begin on January 5, 2023. International flights will begin by March, said officials.
Mon, Dec 12, 2022December 08, 2022 04:10 IST
The concerns have been flagged in the wake of the Russian invasion of Ukraine.
Thu, Dec 08, 2022December 04, 2022 00:38 IST
Vistara’s short legacy may help give wings to Air India to rekindle its lost glory
Tue, Dec 06, 2022December 02, 2022 12:05 IST
Flying out of Delhi, Bengaluru or Varanasi airport? The process will now be paperless and contactless, and you can sail through with the help of a facial recognition software called 'DigiYatra'. Here's what it is, and how it works
Sun, Dec 11, 2022December 02, 2022 11:20 IST
The auto industry is sitting on estimated pending bookings of around 750,000 units, which is equivalent to more than two months of dealer-end deliveries. Significantly, nearly 10% of the November volumes came from electric vehicles.
Fri, Dec 02, 2022December 01, 2022 01:13 IST
While the CERC has not announced the postponement officially, a short statement from the Central Transmission Utility (CTU) said: “Notification for submission of fresh applications for connectivity and GNA and their processing and grant of GNA Regulation has not been received by CTU till 25.11.2022.
Thu, Dec 01, 2022November 30, 2022 10:47 IST
State-owned transmission major Power Grid Corp is now targeting to complete Bikaner-2 by March 2023, but multiple sources that The Indian Express spoke to indicated that this deadline is also unlikely to be adhered to
Wed, Nov 30, 2022November 29, 2022 16:37 IST
Air India and Vistara Merge: Singapore Airlines (SIA) will get a 25.1 per cent stake in the merged entity at an investment of Rs 2,058.5 crore ($250 million) in Air India as part of the transaction. The enlarged Air India group will have Air India, Vistara, AirAsia India and Air India Express, and the merger of all airlines is targeted for completion by March 2024, subject to regulatory approvals.
Wed, Nov 30, 2022November 29, 2022 04:24 IST
The state's fascination for diesel-driven cars has ensured a buoyant market for both new diesel cars and second-hand ones, even as vehicle manufacturers and government regulations increasingly shun this segment. Like Punjab, Uttar Pradesh too is another key market for diesel cars in India.
Tue, Nov 29, 2022November 28, 2022 04:07 IST
These are expected to be part of an operational guidelines that the Department of Telecommunications (DoT) is currently preparing, after India’s aviation regulator flagged concerns about interference that 5G signals could cause, potentially posing a challenge to safe airline operations.
Mon, Nov 28, 2022November 27, 2022 04:21 IST
An analysis of information shared by car companies show a quarter of their sales coming from this segment -- an increase of about 5 percentage points over about three years.
Mon, Nov 28, 2022November 22, 2022 10:48 IST
The abolition of the Air Suvidha mandate is in sync with the times; Covid-19 has entered an endemic stage mainly on the back of vaccination coverage.
Tue, Nov 22, 2022