The Hero Xtreme 250R arrives in India, targeting the premium 250cc motorcycle market with a potent combination of style and power. Its 250cc liquid-cooled, 4-valve DOHC engine generates a remarkable 30 PS at 9,250 rpm and 25 Nm at 7,250 rpm, positioning it as the most powerful in its class. Equipped with premium hardware and […]
US State Department drops Tesla from $400 million armoured EV plan amid conflict concerns – CNBC TV18
The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla Inc. in relation to a planned $400 million armoured EV purchase after reports emerged about it on Wednesday. The December version of the document had included an “Armored Tesla” budget item that would span five years and start in 2025, however the document […]
BPCL MD on impact of Russia sanctions, Trump’s oil policy, and hope for LPG subsidy – CNBC TV18
Bharat Petroleum Corporation (BPCL) could face a short-term impact of 1-2 months on its operations as it adjusts its crude oil sourcing mix amid the evolving geopolitical situation. With sanctions on Russian crude oil tightening, the company is rebalancing its purchases by increasing supplies from Saudi Arabia and the United States. However, this shift comes […]
Budget 2025: Government likely to front-load capex for infrastructure, healthcare, and EV sectors – CNBC TV18
As the Union Budget 2025 approaches, sources have revealed that the government plans to front-load capital expenditure (capex) with a sharp focus on infrastructure development, healthcare, and the electric vehicle (EV) sector. The government’s strategy hinges on the belief that such investment will generate employment opportunities and, in turn, boost consumption. The budget is expected […]
Auto Expo 2025 | Electric vehicle price wars to get hotter in 2025 – CNBC TV18
The electric vehicle (EV) market is gearing up for intense competition in 2025, with major players set to launch new models and aggressively price their offerings. Mahindra Group’s recent announcement of pricing for its top variants, BE6 and XEV 9E, at ₹26.9 lakh and ₹30.5 lakh, respectively, is set to ignite a price war across […]
Global cooperation flatlines amid mounting challenges; progress on key goals lags: WEF – CNBC TV18
The World Economic Forum’s Global Cooperation Barometer 2025 reveals that international collaboration has stagnated after years of growth, with heightened geopolitical tensions and economic pressures pulling down overall cooperation levels. Despite surpassing pre-pandemic levels, the barometer shows no significant progress in the past three years, highlighting an urgent need for adaptive and innovative leadership to […]
2025 – the year clean fuels take the driver’s seat in India – CNBC TV18
In 1983, India’s automotive revolution began with the launch of the Maruti 800, a car that quickly became a symbol of aspiration and reliability for the masses. Fast forward to 2025, and the Indian automobile industry is undergoing another groundbreaking transformation—this time fueled by sustainability. India, now the third-largest automobile market globally, has witnessed remarkable […]
GST Council: Used EVs bought by companies or modified and sold by sellers to be taxed at 18% on margin value, says FM – CNBC TV18
The 55th GST Council meeting on Saturday (December 21) outlined the Goods and Services Tax (GST) structure for electric vehicles (EVs). Finance Minister Nirmala Sitharaman said that new EVs attract a 5% GST and the Council aims to promote the adoption of electric vehicles. In a key clarification, Sitharaman stated that used EVs will not […]
CNBC-TV18 Morning Call: Zomato hit by GST demand, Gukesh Dommaraju now world’s youngest chess champion – CNBC TV18
1 / 13 The S&P-500 closed lower in the overnight session due to a rise in November inflation, largely due to producer prices ending at a higher than expected rate (Photo: Reuters). 2 / 13 The US Producer Price Index (PPI), a measurement of producers’ gains at the final stage of demand, increased to 0.4% […]
Madhu Kela bets big on these themes – CNBC TV18
Madhu Kela, market veteran and founder of MK Ventures, is excited about the energy transition theme, calling it a transformative trend that will drive growth over the next 10-20 years. This is because energy transition is now commercially viable and no longer dependent on subsidies, with electric vehicles (EVs) playing a central role in this […]