Tata Motors reports 82% increase in total sales in June 2022, demand for passenger vehicles continued to stay strong even as the supply remained impacted, official said, reports PTI.
The government warned edtech companies against indulging in unfair trade practices, including misleading advertisements, and said it will be forced to bring stringent guidelines if there is no self regulation by the industry players.
Volkswagen CEO Herbert Diess is confident that Volkswagen may drive past Elon Musk’s Tesla, says "We have to seize the opportunity and catch up," reports IANS.
Finance Minister Nirmala Sitharaman said "phenomenal profits" made by some oil refiners on exporting fuel at the expense of domestic supplies had prompted the government to introduce an export tax on petrol, diesel and ATF.
Crisil said there are a slew of negatives like high commodity prices, elevated freight prices, drag on exports as global growth projections get lowered, and the largest demand side driver of private consumption remaining weak.