Tata Motors to increase prices of PVs by up to 3%
The Hindu
Tata Motors to raise prices of passenger vehicles, including EVs, by up to 3% due to input costs and inflation.
Tata Motors has announced that it will increase prices of its passenger vehicles, including those of electric vehicles (EVs), by up to 3%.
“Effective January 2025, the price increase will vary depending on the model and variant, and is being taken to partially offset the rise in input costs and inflation,” the auto major said in a statement.
The move follows the decision of almost all automakers to raise prices of their vehicles to pass on the burden of increased cost of materials and logistics to buyers.
Presently, the problem facing India’s economy is not the lack of growth; the problem lies in its inequitable distribution across the population, partly induced by food price inflation
Despite economic growth, job creation remains a challenge in India as small businesses add 11 million jobs amid high inflation.
Lokpal calls SEBI chief and complainants for oral hearing on corruption complaints based on Hindenburg Research report.
BPCL approved pre-project activities for a greenfield refinery in Andhra Pradesh, aiming to enhance refining capacity and petrochemicals portfolio.
Consumer Affairs Ministry to release guidelines on pesky calls, aligning with TRAI regulations, to protect consumer interests.
Rupee hits all-time low at 85.20 against USD due to strong greenback, rising crude oil prices, and weak domestic markets.
Viatris faces U.S. FDA import alert for products from Indore plant, exceptions made for certain shortages.
xAI’s Grok may soon come to an iOS app as the company announced its Series C funding round of $6 billion.
Biocon and Zentiva receive EU approval for Liraglutide, a complex formulation for diabetes and weight management.
Equity markets fluctuate as Sensex and Nifty rise initially, then fall; global markets and oil prices also discussed.
Microsoft has been working on adding internal and third-party AI models to power Microsoft 365 Copilot.