Budget 2019: Why car prices are likely to go up

Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable. The......

Cars in slow lane, but tyre makers see demand uptick

Domestic tyre demand is seen to grow by 7-9 per cent over the next five years. Infrastructure push and expected easing of liquidity will be growth drivers for replacement demand. Tyre makers will......

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Kerala floods take a toll on small businesses, NBFCs brace for losses The floods in Kerala have hit small businesses in the state, mainly in the retail, agriculture, plantation and tourism......

Budget 2018: Luxury cars, premium bikes to be costlier by upto 5%

The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson. Imported luxury cars and top-end bikes and those......