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Category: Government of India

  • India’s Q1 passenger vehicle sales cross one million for second consecutive year

    Source: Government of India

    Source: Government of India (4)

    India’s passenger vehicle sales crossed the one million mark for the second consecutive April–June quarter (Q1), with exports showing strong double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

    Passenger vehicle exports — including utility vehicles and cars — reached a record high of 2.04 lakh units in Q1 of 2025–26, marking a 13.2% rise over the same period last year.

    SIAM attributed the growth to steady demand in key overseas markets, with the Middle East and Latin America performing well, alongside a revival in neighbouring countries like Sri Lanka and Nepal. Rising demand from Japan and higher exports under free trade agreements, including with Australia, also contributed to the uptick.

    Two-wheeler exports rose to 1.14 million units, recording a robust 23.2% growth compared to Q1 last year. This was supported by recovery in neighbouring markets and continued momentum in major destinations.

    Exports of three-wheelers climbed to 0.96 lakh units, an increase of 34.4% year-on-year, while commercial vehicle exports grew by 23.4% to around 0.2 lakh units.

    Despite the positive export figures, domestic passenger vehicle sales in Q1 stood at 1.01 million units — down 1.4% compared to the same quarter last year — due to slower sales in the latter part of the quarter.

    The two-wheeler segment sold 4.67 million units, posting a 6.2% decline year-on-year, largely due to inventory corrections. However, retail registrations for two-wheelers rose by 5%, boosted by the wedding season and stable demand. The scooter segment’s share within two-wheelers also increased by 2.15% year-on-year.

    The three-wheeler category recorded its highest ever Q1 sales at 1.65 lakh units, mainly driven by strong demand in the passenger carrier segment. SIAM noted that increased economic activity and urban mobility needs supported this growth, while the cargo segment’s retail registrations continued to rise on the back of demand for intracity low-load transport and easier financing.

    Meanwhile, the commercial vehicle segment saw a marginal decline of 0.6% year-on-year to 2.23 lakh units, though passenger carriers within the category maintained positive growth, reflecting steady demand for public transport.

    Looking ahead, SIAM said the industry remains cautiously optimistic for the second quarter. The upcoming festive season, an above-normal monsoon aiding rural incomes, and the Reserve Bank of India’s recent 100-basis-point repo rate cut over six months could help lift demand for passenger vehicles and two-wheelers.

    However, SIAM cautioned that supply-side challenges persist, particularly the recent export licensing requirements imposed by China on rare earth magnets, which are critical components for vehicle manufacturing.

    — IANS

  • India’s Q1 passenger vehicle sales cross one million for second consecutive year

    Source: Government of India

    Source: Government of India (4)

    India’s passenger vehicle sales crossed the one million mark for the second consecutive April–June quarter (Q1), with exports showing strong double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

    Passenger vehicle exports — including utility vehicles and cars — reached a record high of 2.04 lakh units in Q1 of 2025–26, marking a 13.2% rise over the same period last year.

    SIAM attributed the growth to steady demand in key overseas markets, with the Middle East and Latin America performing well, alongside a revival in neighbouring countries like Sri Lanka and Nepal. Rising demand from Japan and higher exports under free trade agreements, including with Australia, also contributed to the uptick.

    Two-wheeler exports rose to 1.14 million units, recording a robust 23.2% growth compared to Q1 last year. This was supported by recovery in neighbouring markets and continued momentum in major destinations.

    Exports of three-wheelers climbed to 0.96 lakh units, an increase of 34.4% year-on-year, while commercial vehicle exports grew by 23.4% to around 0.2 lakh units.

    Despite the positive export figures, domestic passenger vehicle sales in Q1 stood at 1.01 million units — down 1.4% compared to the same quarter last year — due to slower sales in the latter part of the quarter.

    The two-wheeler segment sold 4.67 million units, posting a 6.2% decline year-on-year, largely due to inventory corrections. However, retail registrations for two-wheelers rose by 5%, boosted by the wedding season and stable demand. The scooter segment’s share within two-wheelers also increased by 2.15% year-on-year.

    The three-wheeler category recorded its highest ever Q1 sales at 1.65 lakh units, mainly driven by strong demand in the passenger carrier segment. SIAM noted that increased economic activity and urban mobility needs supported this growth, while the cargo segment’s retail registrations continued to rise on the back of demand for intracity low-load transport and easier financing.

    Meanwhile, the commercial vehicle segment saw a marginal decline of 0.6% year-on-year to 2.23 lakh units, though passenger carriers within the category maintained positive growth, reflecting steady demand for public transport.

    Looking ahead, SIAM said the industry remains cautiously optimistic for the second quarter. The upcoming festive season, an above-normal monsoon aiding rural incomes, and the Reserve Bank of India’s recent 100-basis-point repo rate cut over six months could help lift demand for passenger vehicles and two-wheelers.

    However, SIAM cautioned that supply-side challenges persist, particularly the recent export licensing requirements imposed by China on rare earth magnets, which are critical components for vehicle manufacturing.

    — IANS

  • Shubhanshu Shukla returns safely to Earth after historic ISS mission; PM Modi hails him for inspiring ‘a billion dreams’

    Source: Government of India

    Source: Government of India (4)

    Indian astronaut Group Captain Shubhanshu Shukla returned safely to Earth on Tuesday, marking the successful conclusion of a groundbreaking mission to the International Space Station (ISS), the first by an Indian national.

    Shukla was part of the four-member Axiom-4 crew aboard SpaceX’s Dragon capsule Grace, which splashed down in the Pacific Ocean off the coast of California at approximately 3:01 pm IST. The capsule’s safe landing followed a fiery reentry and a 22-hour return journey from orbit.

    “Splashdown of Dragon confirmed – welcome back to Earth, AstroPeggy, Shux, astro_slawosz, and Tibi!” SpaceX posted on X.

    Prime Minister Narendra Modi hailed Shukla’s mission as a historic milestone.

    “I join the nation in welcoming Group Captain Shubhanshu Shukla as he returns to Earth from his historic mission to Space. As India’s first astronaut to have visited International Space Station, he has inspired a billion dreams through his dedication, courage and pioneering spirit. It marks another milestone towards our own Human Space Flight Mission – Gaganyaan,” PM Modi said in a post on X.

    Shukla, an Indian Air Force pilot, flew alongside veteran U.S. astronaut Peggy Whitson, Slawosz Uznanski-Wisniewski of Poland, and Tibor Kapu of Hungary. They boarded Grace at 3:30 a.m. CT (2:00 pm IST) on Monday, undocking from the ISS to begin their return to Earth.

    The mission marked several historic firsts, not only for Shubhanshu Shukla, who became the second Indian to travel to space after Rakesh Sharma’s 1984 flight, but also for Poland and Hungary, which sent their first astronauts to the International Space Station.

    India’s space agency ISRO celebrated the success, calling it a “milestone” for the country’s space ambitions. Shukla’s mission is seen as a stepping stone toward the launch of India’s first crewed spaceflight, Gaganyaan, targeted for 2027.

    During his over two-week stay aboard the ISS, Shukla completed more than 310 orbits of Earth, covering an estimated 13 million kilometers, or roughly 33 times the distance between Earth and the Moon. The crew witnessed over 300 sunrises and sunsets from orbit.

    ISRO said that Shukla completed all seven planned microgravity experiments, achieving all mission objectives.
    “Experiments on Indian strain of tardigrades, myogenesis, sprouting of methi and moong seeds, cyanobacteria, microalgae, crop seeds, and the Voyager display have been successfully completed,” ISRO said in a statement.

    The mission’s capsule Grace, the fifth in SpaceX’s Crew Dragon fleet, was launched from NASA’s Kennedy Space Center in Florida on June 25. The Axiom-4 team reached the ISS the next day and were greeted by the station’s rotating crew, which included three U.S. astronauts, one Japanese crewmember, and three Russian cosmonauts.

    Axiom-4 marks the 18th human spaceflight by SpaceX since it began crewed missions in 2020, signaling a new chapter in U.S. spaceflight following the retirement of the space shuttle program.

    (With inputs from agencies)

  • India captain Gill says Pant should be fit to play in fourth test

    Source: Government of India

    Source: Government of India (4)

    India captain Shubman Gill said the finger injury suffered by Rishabh Pant in the third test against England is not overly serious and the wicketkeeper-batsman should be able to play in the next match in Manchester.

    Pant injured the index finger of his left hand when trying to collect a delivery from Bumrah during England’s first innings at Lord’s.

    Pant completed the over but did not keep wickets afterwards, though he batted in both innings. Dhruv Jurel replaced him behind the stumps for the remainder of the test, which England won by 22 runs to go 2-1 up in the five-match series.

    “Rishabh went for scans and there is no major injury there,” Gill told reporters.

    “I think he should be fine for the next test match.”

    Pant is the second-highest scorer in the series with his tally of 425 from six innings, which includes two hundreds, second only to Gill’s 607.

    Tempers flared throughout the contest at the home of cricket and India seamer Mohammed Siraj was slapped with a fine and one demerit point for his reaction after taking the wicket of England opener Ben Duckett.

    Gill said the “heat” had spiced up the series but the teams respected each other.

    “You’re giving everything physically and mentally, so there are going to moments where there’s going to be a little bit of heat from both sides,” the 25-year-old said.

    “I think that’s what makes it so exciting, that’s what makes it more challenging.

    “But the next time we play each other, there won’t be (any bad blood). There’s a lot of admiration within for the two teams.”

    The fourth test at Old Trafford begins on July 23.

    (Reuters)

  • Madhya Pradesh CM wraps up Dubai visit with strong investment pitch and strategic partnerships

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav wrapped up his three-day official visit to the United Arab Emirates today, delivering a compelling investment pitch that’s already generating significant interest from global investors. The Chief Minister’s packed Dubai schedule included high-level meetings with UAE government officials, business leaders, and Indian diaspora members,  all focused on positioning Madhya Pradesh as India’s next major investment destination.

    At the ‘Madhya Pradesh Business Investment Forum‘ hosted alongside the Indian Business and Professional Council, Dr. Yadav made his case directly to potential investors. “Madhya Pradesh invites you to invest, with endless possibilities in all sectors,” he declared, highlighting the state’s new business-friendly policies and commitment to adapting to entrepreneur needs. The Chief Minister’s promise? Businesses can launch operations within just thirty days, thanks to a dedicated Investment Facilitation Cell, reduced red tape, and a transparent land allotment system.

    The numbers tell the story. Senior officials outlined the Industrial Policy 2025 and MSME Policy 2025, offering up to fifty percent support on capital expenses, complete stamp duty exemptions, and targeted subsidies across green infrastructure, research and development, exports, and industrial housing. Additional Chief Secretary Sanjay Dubey made a striking claim about the state’s high-tech push into semiconductors, space technology, and deeptech sectors. “On day one, investors in our data center sector can be cash-positive. That’s the kind of policy backing we offer,” he announced, revealing plans for new Centres of Excellence and innovative funding models.

    Consul General of India in Dubai, Satish Kumar Sivan, placed the visit in broader context, calling the India-UAE relationship “one of the most consequential bilateral partnerships in the world today.” He pointed to the dramatic surge in trade since the 2022 Comprehensive Economic Partnership Agreement, emphasizing Madhya Pradesh’s competitive advantages in agriculture, renewables, tourism, and digital economy. New opportunities are emerging too… including Bharat Mart, a logistics platform for Indian small businesses launching in Jebel Ali, and the integration of India’s UPI payment system with the UAE’s AANI network.

    The Chief Minister’s diplomatic offensive included a crucial meeting with UAE Minister of State for Foreign Trade Dr. Thani Bin Ahmed Al Zeyoudi, plus corporate discussions with heavyweights like Emirates, Lulu Group, DP World, Texmas, G42, Sharaf DG, Tata Group, and Gulf Islamic Investments. Dr. Yadav also toured key facilities including the BAPS Hindu Mandir and Dubai Textile City, culminating in a significant MoU signing with Texmas to strengthen textile and industrial collaboration.

    The visit balanced business with community engagement. A cultural and networking event at JW Marriott brought together the Indian diaspora, while a tourism investment roundtable and business forum featured detailed presentations from state officials. “Madhya Pradesh, with its strength in food processing, textiles, green energy, wellness, and startups, is ready to become a hub for global business,” Dr. Yadav concluded, expressing confidence that this visit marks the beginning of a new chapter in UAE-MP economic cooperation.

    The Chief Minister’s Dubai mission appears to have struck the right chord with investors and officials alike, setting the stage for what could be a significant expansion of economic ties between the UAE and one of India’s fastest-growing states.

  • Heavy rainfall continues across India; light showers likely in Delhi-NCR

    Source: Government of India

    Source: Government of India (4)

    A depression over central parts of northern Rajasthan and a well-marked low-pressure area over northern Jharkhand and adjoining southern Bihar have intensified rainfall activity across several regions of India. The India Meteorological Department (IMD) has predicted heavy to very heavy rains over Rajasthan, Eastern, and Central India over the next 2–3 days.

    In the past 24 hours, isolated regions in West Bengal, Jharkhand, Odisha, Kerala, Coastal Karnataka, Jammu & Kashmir, Rajasthan, Konkan, central Maharashtra, and Assam recorded heavy to very heavy rainfall (between 7 and 20 cm). Several other states, including Tamil Nadu, Bihar, eastern Uttar Pradesh, Chhattisgarh, and Punjab, saw heavy rainfall (between 7 and 11 cm).

    The IMD has issued fresh alerts for very heavy rainfall in Jammu & Kashmir, eastern Rajasthan, Bihar, and Jharkhand on July 15 and 16. Uttarakhand is likely to receive intense showers on July 17, 20, and 21, while parts of western and eastern Madhya Pradesh, Odisha, sub-Himalayan West Bengal, Kerala, Karnataka, and Tamil Nadu are also likely to see sustained rainfall in the coming days.

    Delhi-NCR weather outlook

    For Delhi-NCR, the IMD forecasts cloudy skies and intermittent showers accompanied by thunderstorms and lightning throughout the week:

    July 15: Light rain with strong winds up to 40 kmph; maximum temperature to range between 32°C–34°C, slightly below normal.

    July 16: Light to moderate rain expected; temperatures will remain between 31°C–33°C (max) and 23°C–25°C (min), both below normal.

    July 17–18: Partly cloudy skies with light rain and thunderstorms; temperatures will hover around 32°C–35°C, with cooler-than-average mornings.

    Winds in the region will generally blow from the southeast, with varying speeds throughout the day.

  • Astronaut Shubhanshu Shukla’s space mission will boost India’s Gaganyaan project: ISRO

    Source: Government of India

    Source: Government of India (4)

    Indian astronaut Shubhanshu Shukla’s space mission will play a crucial role in India’s first manned spaceflight under the Gaganyaan programme, the Indian Space Research Organisation (ISRO) said on Monday. Shukla became the first Indian in 41 years to travel to space where he undertook scientific experiments aboard the International Space Station (ISS).

    “This has been an unforgettable experience for him (Shubhanshu Shukla). He carried out multiple experiments aboard the Space Shuttle and the International Space Station. After experiencing space and microgravity, he conducted several scientific tests. This mission has been a major learning opportunity for us. ISRO took up this mission to gather experience that will help us in our Gaganyaan programme,” said Nilesh M Desai, Director, Space Applications Centre, ISRO.

    He added that the Gaganyaan mission will begin with an unmanned flight later this year.

    “As part of our programme, we will launch an unmanned mission this year, followed by two more unmanned flights. After that, an Indian astronaut will be sent into space onboard the Gaganyaan spacecraft. The astronaut will stay in space for two to seven days and return to Earth. The experience gained by Shubhanshu Shukla during his time on the ISS will be extremely valuable for the Gaganyaan programme planned over the next two years,” he said.

    According to ISRO, about Rs 600 crore were spent on the Axiom-4 mission, including astronauts training and related costs.

    “Around Rs 600 crore were spent on this mission, covering training for two astronauts and other space journey preparations. The insights gained in space will help us enhance the success of the Gaganyaan mission,” Desai mentioned.

    He also emphasized the importance of the India-US space cooperation and pact signed between ISRO and NASA during Prime Minister Narendra Modi’s US visit.

    “With the new information we have gathered, we can plan the Gaganyaan mission more effectively. This mission was done in collaboration with NASA and SpaceX. During the Indian Prime Minister’s recent visit to the US, an agreement was signed between ISRO and NASA allowing one Indian astronaut to travel to the ISS under a US mission,” said Desai.

    ISRO said that although two astronauts were trained, only one went to space while the other served as a backup. “This was a planned mission by ISRO. Two Indian astronauts were given comprehensive training in the US over five to six months for space travel. Both completed their full training, but only one was chosen to go to the ISS. The other served as a backup,” he further added.

    “Shubhanshu Shukla was accompanied by another astronaut, Prashant Nair, who was fully prepared to step in if needed. However, there was no requirement for that. Shukla was launched aboard the Dragonfly spacecraft using the Falcon launch vehicle from SpaceX on June 25. It docked with the International Space Station on June 26. He conducted various scientific experiments during his space mission, and today the spacecraft was undocked. We are hopeful it will return safely to Earth at 3 PM IST on July 15,” Desai said.

    The undocking of AX-4 mission took place at around 4:35 AM IST on Monday with assistance from the ISS. After travelling for over 22 and a half hours, the Dragonfly spacecraft is expected to land on the California coast at 3 PM IST. Following recovery, the astronauts will undergo medical check-ups and rehabilitation.

    (ANI)

  • DRDO and AIIMS Bibinagar unveil India’s first indigenous low-cost carbon fibre foot prosthesis

    Source: Government of India

    Source: Government of India (4)

    Defence Research and Development Organisation (DRDO) and AIIMS Bibinagar on Monday jointly unveiled India’s first indigenously designed and developed cost-effective advanced carbon fibre foot prosthesis.

    The prosthetic device, named AIIMS Bibinagar – DRDL, DRDO Indigenously Developed Optimised Carbon Foot Prosthesis (ADIDOC), was officially launched at a ceremony held at AIIMS Bibinagar. The unveiling was led by Dr. GA Srinivasa Murthy, Scientist and Director of DRDO’s Defence Research & Development Laboratory (DRDL), along with Dr. Ahanthem Santa Singh, Executive Director of AIIMS Bibinagar.

    Developed under the Aatmanirbhar Bharat initiative, ADIDOC represents a major technological and humanitarian breakthrough. The prosthesis has been biomechanically tested to endure loads of up to 125 kg, with a strong factor of safety. It comes in three variants tailored for patients of different body weights, making it versatile and inclusive.

    What makes ADIDOC particularly significant is its cost-efficiency. While similar international carbon fibre foot prosthetics currently cost around ₹2 lakh, the production cost of ADIDOC is projected to be under ₹20,000. This dramatic reduction in cost is expected to revolutionize access to high-performance prosthetics for low-income amputees across India.

    “The development of ADIDOC is not just a technological achievement but also a meaningful step toward greater social inclusion for people with disabilities,” said Dr. Srinivasa Murthy at the launch. “It will reduce India’s dependency on expensive imported prosthetics and make high-quality mobility solutions more accessible.”

  • Shubhanshu Shukla’s parents excited ahead of Dragon spacecraft splashdown

    Source: Government of India

    Source: Government of India (4)

    As the SpaceX Dragon spacecraft prepares for splashdown, excitement and happiness run high in the family of Group Captain Shubhanshu Shukla – the first Indian astronaut to visit the International Space Station (ISS) as part of the Axiom-4 (Ax-4) mission.

    Speaking to ANI, his mother, Asha Shukla said. “We are very excited… When we saw the undocking, we knew he was on his way home. We are waiting eagerly for our son. He will reach by evening. We prayed for his well-being, visited the temple, and sought the blessings of Lord Hanuman. We also recited the Sundarkand. We are proud that our son has written his name in history. We will give him a grand welcome.”

    His father, Shambu Dayal Shukla, echoed the sentiment, calling it a historic moment not just for their family, but for the entire nation. “We are thrilled that our son is returning from this mission. He has made us immensely proud. This splashdown will go down in history. We are praying for his safe landing. It’s a day of joy for the entire country. He may be our son, but today, he belongs to the nation. We thank everyone for their prayers.”

    Group Captain Shubanshu Shukla spent nearly 20 days in space, including approximately 19 days aboard the ISS as part of the Ax-4 mission—marking a significant milestone for India in human spaceflight.

    The Dragon spacecraft, named Grace, is set to splash down in the Pacific Ocean off the coast of San Diego, California, at around 3 p.m. IST today. According to SpaceX, the crew aboard the Dragon capsule is on track to re-enter Earth’s atmosphere, with a brief sonic boom expected to announce their arrival before splashdown.

    “Dragon and the Axiom Space Ax-4 crew are on track to re-enter Earth’s atmosphere and splash down off the coast of San Diego at ~2:31 a.m. PT tomorrow,” SpaceX posted on X. “Dragon will also announce its arrival with a brief sonic boom prior to splashing down in the Pacific Ocean.”

    The crew’s return journey from the ISS to Earth will take approximately 22.5 hours. The Dragon capsule successfully undocked from the space-facing port of the Harmony module at 7:15 a.m. EDT (4:45 p.m. IST) on Monday, completing the fourth private astronaut mission to the ISS.

    The Ax-4 mission, coordinated by Axiom Space in collaboration with NASA and SpaceX, marks a historic chapter in space exploration, with Group Captain Shukla’s achievement celebrated across India.

    (With inputs from ANI)

  • President Murmu to confer Swachh Survekshan 2024-25 awards on July 17

    Source: Government of India

    Source: Government of India (4)

    President Droupadi Murmu will confer the Swachh Survekshan 2024-25 Awards at a ceremony on July 17 at Vigyan Bhawan, New Delhi. The event, organized by the Ministry of Housing and Urban Affairs (MoHUA), will be attended by Union Minister Manohar Lal and Minister of State Tokhan Sahu.

    Now in its ninth edition, Swachh Survekshan has grown into the world’s largest urban cleanliness survey. This year’s awards will honour top-performing cities and states across four major categories, including the newly introduced Super Swachh League (SSL), which features cities consistently ranking in the top tier of cleanliness. A total of 78 awards will be presented.

    Swachh Survekshan 2024-25 assessed over 4,500 urban local bodies through 3,000+ assessors who conducted inspections across every ward over a 45-day period. The evaluation emphasized the theme of “Reduce, Reuse, Recycle,” and reached over 14 crore citizens through direct engagement, digital platforms, and social media.

    For the first time, cities have been grouped into five population-based categories, ensuring fair evaluation and recognition – from very small towns to million-plus cities. The initiative reflects a commitment to inclusive urban development, recognizing not just the cleanest cities but also those showing exceptional promise.

    With a rigorous assessment framework of 10 parameters and 54 indicators, Swachh Survekshan 2024-25 continues to be a transformative force in shaping urban India’s sanitation and waste management landscape.

  • China’s economy slows as consumers tighten belts, US tariff risks mount

    Source: Government of India

    Source: Government of India (4)

    China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.

    The world’s No. 2 economy has so far avoided a sharp slowdown in part due to policy support and as factories took advantage of a U.S.-China trade truce to front-load shipments, but investors are bracing for a weaker second half as exports lose momentum, prices continue to fall, and consumer confidence remains low.

    Policymakers face a daunting task in achieving the annual growth target of around 5% – a goal many analysts view as ambitious given entrenched deflation and weak demand at home.

    Data on Tuesday showed China’s gross domestic product (GDP) grew 5.2% in the April-June quarter from a year earlier, slowing from 5.4% in the first quarter, but just ahead of analysts’ expectations in a Reuters poll for a rise of 5.1%.

    “China achieved growth above the official target of 5% in Q2 partly because of front loading of exports,” said Zhiwei Zhang, chief economist at Pinpoint Asset Management.

    “The above target growth in Q1 and Q2 gives the government room to tolerate some slowdown in the second half of the year.”

    On a quarterly basis, GDP grew 1.1% in April-June, the National Bureau of Statistics data showed, compared with a forecast 0.9% increase and a 1.2% gain in the previous quarter.

    Investors are closely watching for signs of fresh stimulus at the upcoming Politburo meeting due in late July, which is likely to shape economic policy for the remainder of the year.

    Beijing has ramped up infrastructure spending and consumer subsidies, alongside monetary easing. In May, the central bank cut interest rates and injected liquidity as part of broader efforts to cushion the economy from U.S. President Donald Trump’s sweeping tariffs.

    Some analysts believe the government could ramp up deficit spending if growth slows sharply.

    Market reaction to the data was largely muted, with China’s blue-chip CSI300 Index .CSI300 reversing course to trade down 0.1%, while Hong Kong’s benchmark Hang Seng .HSI cut gains to trade up 0.7%.

    HOUSEHOLDS PRESSURED

    Separate June activity data also released on Tuesday underlined the pressure on consumers. While industrial output rose 6.8% year-on-year last month – the fastest pace since March, retail sales growth slowed down to 4.8%, from 6.4% in May and hitting the lowest since January-February.

    Indeed, the headline GDP numbers held little sway for most households including 30-year-old doctor Mallory Jiang, in the southern tech hub Shenzhen, who says she and her husband both had pay cuts this year.

    “Both our incomes as doctors have decreased, and we still don’t dare buy an apartment. We are cutting back on expenses: commuting by public transport, eating at the hospital cafeteria or cooking at home. My life pressure is still actually quite high.”

    China observers and analysts say stimulus alone may not be enough to tackle entrenched deflationary pressures, with producer prices in June falling at their fastest pace in nearly two years.

    Zichun Huang, China economist at Capital Economics, said the GDP data “probably still overstate the strength of growth.”

    “And with exports set to slow and the tailwind from fiscal support on course to fade, growth is likely to slow further during the second half of this year.”

    Data on Monday showed China’s exports regained some momentum in June as factories rushed out shipments to capitalise on the fragile tariff truce between Beijing and Washington ahead of a looming August deadline.

    TARIFF, PROPERTY HEADWINDS

    The latest Reuters poll projected GDP growth to slow to 4.5% in the third quarter and 4.0% in the fourth, underscoring mounting economic headwinds as Trump’s global trade war leaves Beijing with the tough task of getting households to spend more at a time of uncertainty.

    China’s 2025 GDP growth is forecast to cool to 4.6% – falling short of the official goal – from last year’s 5.0% and ease even further to 4.2% in 2026, according to the poll.

    China’s property downturn remained a drag on overall growth despite multiple rounds of support measures, with investment in the sector falling sharply in the first six months, while new home prices in June tumbled at the fastest monthly pace in eight months.

    China’s top leaders pledged to push forward urban village renovation and quicken a new property development model, state media reported Tuesday.

    Fixed-asset investment also grew at a slower-than-expected 2.8% pace in the first six months year-on-year, from 3.7% in January-May.

    The softer investment outturn reflected the broader economic uncertainty, with China’s crude steel output in June falling 9.2% from the year before, as more steelmakers carried out equipment maintenance amid seasonally faltering demand.

    “Q3 growth is at risk without stronger fiscal stimulus,” said Dan Wang, China director at Eurasia Group in Singapore.

    “Both consumers and businesses have turned more cautious, while exporters are increasingly looking overseas for growth.”

    (Reuters)

  • China’s economy slows as consumers tighten belts, US tariff risks mount

    Source: Government of India

    Source: Government of India (4)

    China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.

    The world’s No. 2 economy has so far avoided a sharp slowdown in part due to policy support and as factories took advantage of a U.S.-China trade truce to front-load shipments, but investors are bracing for a weaker second half as exports lose momentum, prices continue to fall, and consumer confidence remains low.

    Policymakers face a daunting task in achieving the annual growth target of around 5% – a goal many analysts view as ambitious given entrenched deflation and weak demand at home.

    Data on Tuesday showed China’s gross domestic product (GDP) grew 5.2% in the April-June quarter from a year earlier, slowing from 5.4% in the first quarter, but just ahead of analysts’ expectations in a Reuters poll for a rise of 5.1%.

    “China achieved growth above the official target of 5% in Q2 partly because of front loading of exports,” said Zhiwei Zhang, chief economist at Pinpoint Asset Management.

    “The above target growth in Q1 and Q2 gives the government room to tolerate some slowdown in the second half of the year.”

    On a quarterly basis, GDP grew 1.1% in April-June, the National Bureau of Statistics data showed, compared with a forecast 0.9% increase and a 1.2% gain in the previous quarter.

    Investors are closely watching for signs of fresh stimulus at the upcoming Politburo meeting due in late July, which is likely to shape economic policy for the remainder of the year.

    Beijing has ramped up infrastructure spending and consumer subsidies, alongside monetary easing. In May, the central bank cut interest rates and injected liquidity as part of broader efforts to cushion the economy from U.S. President Donald Trump’s sweeping tariffs.

    Some analysts believe the government could ramp up deficit spending if growth slows sharply.

    Market reaction to the data was largely muted, with China’s blue-chip CSI300 Index .CSI300 reversing course to trade down 0.1%, while Hong Kong’s benchmark Hang Seng .HSI cut gains to trade up 0.7%.

    HOUSEHOLDS PRESSURED

    Separate June activity data also released on Tuesday underlined the pressure on consumers. While industrial output rose 6.8% year-on-year last month – the fastest pace since March, retail sales growth slowed down to 4.8%, from 6.4% in May and hitting the lowest since January-February.

    Indeed, the headline GDP numbers held little sway for most households including 30-year-old doctor Mallory Jiang, in the southern tech hub Shenzhen, who says she and her husband both had pay cuts this year.

    “Both our incomes as doctors have decreased, and we still don’t dare buy an apartment. We are cutting back on expenses: commuting by public transport, eating at the hospital cafeteria or cooking at home. My life pressure is still actually quite high.”

    China observers and analysts say stimulus alone may not be enough to tackle entrenched deflationary pressures, with producer prices in June falling at their fastest pace in nearly two years.

    Zichun Huang, China economist at Capital Economics, said the GDP data “probably still overstate the strength of growth.”

    “And with exports set to slow and the tailwind from fiscal support on course to fade, growth is likely to slow further during the second half of this year.”

    Data on Monday showed China’s exports regained some momentum in June as factories rushed out shipments to capitalise on the fragile tariff truce between Beijing and Washington ahead of a looming August deadline.

    TARIFF, PROPERTY HEADWINDS

    The latest Reuters poll projected GDP growth to slow to 4.5% in the third quarter and 4.0% in the fourth, underscoring mounting economic headwinds as Trump’s global trade war leaves Beijing with the tough task of getting households to spend more at a time of uncertainty.

    China’s 2025 GDP growth is forecast to cool to 4.6% – falling short of the official goal – from last year’s 5.0% and ease even further to 4.2% in 2026, according to the poll.

    China’s property downturn remained a drag on overall growth despite multiple rounds of support measures, with investment in the sector falling sharply in the first six months, while new home prices in June tumbled at the fastest monthly pace in eight months.

    China’s top leaders pledged to push forward urban village renovation and quicken a new property development model, state media reported Tuesday.

    Fixed-asset investment also grew at a slower-than-expected 2.8% pace in the first six months year-on-year, from 3.7% in January-May.

    The softer investment outturn reflected the broader economic uncertainty, with China’s crude steel output in June falling 9.2% from the year before, as more steelmakers carried out equipment maintenance amid seasonally faltering demand.

    “Q3 growth is at risk without stronger fiscal stimulus,” said Dan Wang, China director at Eurasia Group in Singapore.

    “Both consumers and businesses have turned more cautious, while exporters are increasingly looking overseas for growth.”

    (Reuters)

  • Indian students win four medals at 57th International Chemistry Olympiad in Dubai

    Source: Government of India

    Source: Government of India (4)

    India has registered a stellar performance at the 57th International Chemistry Olympiad (IChO) held in Dubai, UAE, from July 5 to 14. All four Indian students who participated in the global competition secured medals – two gold and two silver – bringing international recognition to the country. The medal winners are Devesh Pankaj Bhaiya from Jalgaon, Maharashtra, and Sandeep Kuchi from Hyderabad, Telangana, who both won gold medals. Debadatta Priyadarshi from Bhubaneshwar, Odisha, and Ujjwal Kesari from New Delhi were awarded silver medals.

    This year’s Olympiad witnessed the participation of 354 students from 90 countries, including five observer nations. India ranked sixth in the overall medal tally, alongside Ukraine, Uzbekistan, Kazakhstan, and Israel. This appearance marks India’s 26th participation in the IChO. Over the years, Indian students have consistently excelled, winning 30% gold, 53% silver, and 17% bronze medals. Notably, in the last ten editions alone, the proportion of gold and silver medals has increased to 38% and 58% respectively.

    The Indian contingent was mentored by a dedicated team of academic experts. Prof. Ankush Gupta from Homi Bhabha Centre for Science Education (HBCSE), Mumbai, served as the head mentor, while Prof. Seema Gupta of Acharya Narendra Dev College, Delhi, was the mentor. Dr. Neeraja Dashaputre of Indian Institutes of Science Education and Research (IISER) Pune and Dr. Amrit Mitra from Government General Degree College, Singur, West Bengal, were the scientific observers. Their efforts played a crucial role in preparing the students for this challenging competition.

    HBCSE, under the Tata Institute of Fundamental Research (TIFR), serves as the nodal centre for training and selecting Indian students for various International Olympiads in subjects including Mathematics, Physics, Chemistry, Biology, Astronomy, and Astrophysics. The National Olympiad Examinations conducted by HBCSE are the primary gateway to this prestigious representation.

    More information is available on the websites https://www.ichosc.org and https://olympiads.hbcse.tifr.res.in.

  • Indian students win four medals at 57th International Chemistry Olympiad in Dubai

    Source: Government of India

    Source: Government of India (4)

    India has registered a stellar performance at the 57th International Chemistry Olympiad (IChO) held in Dubai, UAE, from July 5 to 14. All four Indian students who participated in the global competition secured medals – two gold and two silver – bringing international recognition to the country. The medal winners are Devesh Pankaj Bhaiya from Jalgaon, Maharashtra, and Sandeep Kuchi from Hyderabad, Telangana, who both won gold medals. Debadatta Priyadarshi from Bhubaneshwar, Odisha, and Ujjwal Kesari from New Delhi were awarded silver medals.

    This year’s Olympiad witnessed the participation of 354 students from 90 countries, including five observer nations. India ranked sixth in the overall medal tally, alongside Ukraine, Uzbekistan, Kazakhstan, and Israel. This appearance marks India’s 26th participation in the IChO. Over the years, Indian students have consistently excelled, winning 30% gold, 53% silver, and 17% bronze medals. Notably, in the last ten editions alone, the proportion of gold and silver medals has increased to 38% and 58% respectively.

    The Indian contingent was mentored by a dedicated team of academic experts. Prof. Ankush Gupta from Homi Bhabha Centre for Science Education (HBCSE), Mumbai, served as the head mentor, while Prof. Seema Gupta of Acharya Narendra Dev College, Delhi, was the mentor. Dr. Neeraja Dashaputre of Indian Institutes of Science Education and Research (IISER) Pune and Dr. Amrit Mitra from Government General Degree College, Singur, West Bengal, were the scientific observers. Their efforts played a crucial role in preparing the students for this challenging competition.

    HBCSE, under the Tata Institute of Fundamental Research (TIFR), serves as the nodal centre for training and selecting Indian students for various International Olympiads in subjects including Mathematics, Physics, Chemistry, Biology, Astronomy, and Astrophysics. The National Olympiad Examinations conducted by HBCSE are the primary gateway to this prestigious representation.

    More information is available on the websites https://www.ichosc.org and https://olympiads.hbcse.tifr.res.in.

  • India’s average inflation falls 3% in 11 years of Modi government

    Source: Government of India

    Source: Government of India (4)

    India’s retail inflation has averaged around 5% over the last 11 years, showing a steady decline in recent months and reaching a more than six-year low of 2.1% in June 2025.

    According to data from the Finance Ministry, the average inflation during Prime Minister Narendra Modi’s tenure stands at 5.1%, a significant drop compared to the 8.1% in the UPA regime.

    Between January 2012 and April 2014, during the UPA era, retail inflation remained above 9% for 22 out of 28 months. During its final three years (2011–2014), India experienced an average retail inflation of 9.8%, despite relatively stable global inflation of around 4-5%, a senior official noted.

    In contrast, under the Modi government, retail inflation has largely remained below 5%, never breaching the 8% mark. This decline in inflation has eased the cost of living, leaving people with more disposable income. Higher purchasing power drives demand for industrial goods, boosting economic growth and job creation.

    Persistent high inflation disproportionately affects low-income groups by making essential goods unaffordable. Therefore, keeping inflation in check is critical for inclusive development.

    The latest data for June 2025 shows a notable decline in food prices, with the annual food inflation rate turning negative at -1.06%. Compared to May 2025, food inflation in June dropped by 205 basis points, marking the lowest rate since January 2019. This decline is largely attributed to falling prices of vegetables, pulses, meat, and spices.

    Meanwhile, the Reserve Bank of India has revised its inflation outlook for 2025–26 downward -from its earlier forecast of 4% to 3.7%, according to RBI Governor Sanjay Malhotra.

    CPI inflation for FY 2025–26 is now projected at 3.7%, with quarterly projections at 2.9% for Q1, 3.4% for Q2, 3.9% for Q3, and 4.4% for Q4. The RBI noted that the near – and medium-term inflation outlook suggests a durable alignment with the 4% target and possibly even a marginal undershooting during the year.

    (IANS)

  • India’s average inflation falls 3% in 11 years of Modi government

    Source: Government of India

    Source: Government of India (4)

    India’s retail inflation has averaged around 5% over the last 11 years, showing a steady decline in recent months and reaching a more than six-year low of 2.1% in June 2025.

    According to data from the Finance Ministry, the average inflation during Prime Minister Narendra Modi’s tenure stands at 5.1%, a significant drop compared to the 8.1% in the UPA regime.

    Between January 2012 and April 2014, during the UPA era, retail inflation remained above 9% for 22 out of 28 months. During its final three years (2011–2014), India experienced an average retail inflation of 9.8%, despite relatively stable global inflation of around 4-5%, a senior official noted.

    In contrast, under the Modi government, retail inflation has largely remained below 5%, never breaching the 8% mark. This decline in inflation has eased the cost of living, leaving people with more disposable income. Higher purchasing power drives demand for industrial goods, boosting economic growth and job creation.

    Persistent high inflation disproportionately affects low-income groups by making essential goods unaffordable. Therefore, keeping inflation in check is critical for inclusive development.

    The latest data for June 2025 shows a notable decline in food prices, with the annual food inflation rate turning negative at -1.06%. Compared to May 2025, food inflation in June dropped by 205 basis points, marking the lowest rate since January 2019. This decline is largely attributed to falling prices of vegetables, pulses, meat, and spices.

    Meanwhile, the Reserve Bank of India has revised its inflation outlook for 2025–26 downward -from its earlier forecast of 4% to 3.7%, according to RBI Governor Sanjay Malhotra.

    CPI inflation for FY 2025–26 is now projected at 3.7%, with quarterly projections at 2.9% for Q1, 3.4% for Q2, 3.9% for Q3, and 4.4% for Q4. The RBI noted that the near – and medium-term inflation outlook suggests a durable alignment with the 4% target and possibly even a marginal undershooting during the year.

    (IANS)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Tesla debuts in India with Model Y, starting at ₹59.89 Lakh

    Source: Government of India

    Source: Government of India (4)

    Electric vehicle giant Tesla has officially entered the Indian market with the launch of its highly anticipated Model Y. The company introduced the rear-wheel drive (RWD) variant of the Model Y at a starting price of ₹59.89 lakh ($69,779) (ex-showroom), while the Long Range RWD version is priced at ₹67.89 lakh ($79,107) according to the company’s website.

    With this launch, India joins the growing list of countries offering Tesla’s popular all-electric SUV. Comparatively, the Model Y starts at $44,990 in the United States, 263,500 yuan ($36,764) in China, and €45,970 ($ 53,700) in Germany.

    Deliveries for the Model Y are scheduled to begin in the third quarter of 2025, with the vehicle initially available in Mumbai, Delhi, and Gurugram. On Tuesday, Tesla opened its first showroom—dubbed the “Experience Centre”—at Bandra Kurla Complex (BKC) in Mumbai. A second showroom is expected to open soon in New Delhi.

    Speaking at the inauguration of the Mumbai Experience Centre, Maharashtra Chief Minister Devendra Fadnavis welcomed Tesla’s arrival, stating, “This is not just the inauguration of an Experience Centre, but a statement that Tesla has arrived in the city of Mumbai—India’s entrepreneurial capital.”

    The Model Y brings competitive specifications to the Indian EV market. The RWD version offers a claimed range of up to 500 kilometers on a full charge, while the Long Range RWD trim delivers up to 622 kilometers. Tesla’s fast-charging technology enables the addition of up to 238 kilometers of range in just 15 minutes for the RWD model, and 267 kilometers for the Long Range version.

    Performance-wise, the Model Y RWD accelerates from 0 to 100 kmph in 5.9 seconds, while the Long Range RWD achieves the same in 5.6 seconds. Both variants have an electronically limited top speed of 201 kmph.

    Inside the cabin, the Model Y is packed with premium features. These include a 15.4-inch front touchscreen infotainment system, an 8-inch rear touchscreen, ventilated powered front seats, a heated and powered second-row, ambient lighting in the footwell and door pockets, wrap-around ambient lighting, and a nine-speaker audio system.

    Tesla’s India debut comes amid increasing interest in electric vehicles and a push for cleaner mobility solutions. The company’s entry is expected to boost EV adoption and infrastructure development across the country.

    (With agencies inputs)

  • Indonesia rescues 11 who swam for hours to survive boat capsize

    Source: Government of India

    Source: Government of India (4)

    Indonesian rescuers found alive on Tuesday 11 people missing at sea who had survived a boat capsize in bad weather by swimming for at least six hours to the nearest island, officials said.

    Two boats and dozens of rescuers hunted for those missing after the boat with 18 aboard overturned off the Mentawai Islands in the province of West Sumatra at about 11 a.m. on Monday, regional officials said.

    “It was raining hard when the incident happened,” island official Rinto Wardana told Reuters. “Some of the passengers managed to swim and reach the nearest island.”

    Seven had been rescued earlier, Wardana added. Ten of those on board were local government officials on a business trip to the town of Tuapejat, the boat’s destination when it left Sikakap, another small town in the Mentawai Islands. .

    The Mentawai Islands consist of four main islands and many smaller ones.

    Boats and ferries are a regular mode of transport in Indonesia, an archipelago of more than 17,000 islands, where accidents are caused by bad weather and lax safety standards that often allow vessels to be overloaded.

    When a ferry sank this month near the tourist resort island of Bali with 65 aboard, 30 passengers survived, while 18 died and 17 went missing.

    (Reuters)

  • Indonesia rescues 11 who swam for hours to survive boat capsize

    Source: Government of India

    Source: Government of India (4)

    Indonesian rescuers found alive on Tuesday 11 people missing at sea who had survived a boat capsize in bad weather by swimming for at least six hours to the nearest island, officials said.

    Two boats and dozens of rescuers hunted for those missing after the boat with 18 aboard overturned off the Mentawai Islands in the province of West Sumatra at about 11 a.m. on Monday, regional officials said.

    “It was raining hard when the incident happened,” island official Rinto Wardana told Reuters. “Some of the passengers managed to swim and reach the nearest island.”

    Seven had been rescued earlier, Wardana added. Ten of those on board were local government officials on a business trip to the town of Tuapejat, the boat’s destination when it left Sikakap, another small town in the Mentawai Islands. .

    The Mentawai Islands consist of four main islands and many smaller ones.

    Boats and ferries are a regular mode of transport in Indonesia, an archipelago of more than 17,000 islands, where accidents are caused by bad weather and lax safety standards that often allow vessels to be overloaded.

    When a ferry sank this month near the tourist resort island of Bali with 65 aboard, 30 passengers survived, while 18 died and 17 went missing.

    (Reuters)

  • Some airlines checking Boeing fuel switches after Air India crash

    Source: Government of India

    Source: Government of India (4)

    India on Monday ordered its airlines to examine fuel switches on several Boeing models, and South Korea ordered a similar measure on Tuesday, as scrutiny intensified of fuel switch locks at the centre of an investigation into a deadly Air India crash.

    The precautionary moves by India, South Korea and some airlines in other countries came despite the planemaker and the U.S. Federal Aviation Administration telling airlines and regulators in recent days that the fuel switch locks on Boeing jets are safe.

    A preliminary report into the Air India crash that killed 260 people found that the switches had almost simultaneously flipped from run position to cutoff shortly after takeoff.

    One pilot was heard on the cockpit voice recorder asking the other why he cut off the fuel. “The other pilot responded that he did not do so,” the report said.

    The report noted a 2018 advisory from the U.S. Federal Aviation Administration (FAA), which recommended, but did not mandate, operators of several Boeing models including the 787 to inspect the locking feature of fuel cutoff switches to ensure they could not be moved accidentally.

    India’s Directorate General of Civil Aviation said it had issued an order to investigate locks on several Boeing models including 787s and 737s, after several Indian and international airlines began making their own inspections of fuel switches.

    The regulator oversees the world’s third-largest and fastest-growing aviation market. Boeing planes are used by three of the country’s four largest airlines.

    PRECAUTIONARY CHECKS

    Some airlines around the world told Reuters they had been checking relevant switches since 2018 in accordance with the FAA advisory, including Australia’s Qantas Airways and Japan’s ANA.

    Others said they had been making additional or new checks since the release of the preliminary report into the Air India crash.

    Singapore Airlines SIAL.SI said on Tuesday that precautionary checks on the fuel switches of its 787 fleet, including planes used by its low-cost subsidiary Scoot, confirmed all were functioning properly.

    South Korea’s transport ministry said it ordered domestic airlines on Tuesday to inspect fuel control switches in accordance with the 2018 FAA advisory.

    “At that time (2018), it was a recommended measure and was not fully inspected,” the statement to media said.

    Flag carrier Korean Air Lines said on Tuesday it had proactively begun inspecting fuel control switches.

    Japan Airlines said it was conducting inspections in accordance with the 2018 advisory.

    Over the weekend, Air India Group started checking the locking mechanism on the fuel switches of its 787 and 737 fleets and has discovered no problems yet, a source familiar with the matter told Reuters on Monday.

    About half the group’s 787s have been inspected and nearly all its 737s, the source added, speaking on condition of anonymity. Inspections were set to be completed in the next day or two.

    The Air India crash preliminary report said the airline had not carried out the FAA’s suggested inspections as the FAA’s 2018 advisory was not a mandate.

    But it also said maintenance records showed that the throttle control module, which includes the fuel switches, was replaced in 2019 and 2023 on the plane involved in the crash.

    In an internal memo on Monday, Air India CEO Campbell Wilson said the preliminary report found no mechanical or maintenance faults and that all required maintenance had been carried out.

    (Reuters)

     

  • BIMSTEC Maritime Transport Pact poised to transform Bay of Bengal into global trade and tourism hub: Sarbananda Sonowal

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal on Monday inaugurated the second edition of the BIMSTEC Ports Conclave in Visakhapatnam, outlining a bold and collaborative vision to transform the Bay of Bengal into a vibrant hub of global trade, cruise tourism, and sustainable development.

    The two-day conclave, attended by representatives from all seven BIMSTEC nations—Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand—brought together policymakers, port authorities, maritime experts, private stakeholders, and academics to chart a shared maritime future for the region.

    Sonowal described the BIMSTEC Ports Conclave as a “springboard” for unlocking the potential of the Blue Economy. He emphasized that under Prime Minister Narendra Modi’s “Neighbourhood First” policy, BIMSTEC nations are key partners in driving regional prosperity. He called for deeper collaboration in port-led industrialisation, digital integration, and skill development, aiming to create a seamless and efficient port network that can act as an engine of growth for the entire region.

    The conclave builds upon the momentum of the first BIMSTEC Ports Conclave and aims to operationalise the BIMSTEC Agreement on Maritime Transport Cooperation (AMTC), which India was the first to ratify. Sonowal urged all member states to expedite its ratification and implementation.

    A major announcement at the event was the establishment of a BIMSTEC Sustainable Maritime Transport Centre in Powai, Mumbai. This centre, to be set up under the Indian Ocean Centre of Excellence for Sustainable Maritime Transport (IOCE-SMarT), will be key to operationalising the AMTC agreement. Sonowal noted that the centre will drive harmonisation of maritime policies, promote green and digital transformations, reduce trade costs, and strengthen maritime skill development across the region.

    The conclave featured two major sessions that shaped the roadmap for BIMSTEC’s maritime future. The first session focused on increasing private sector participation and public-private partnerships (PPPs) to modernize port infrastructure and improve regional coordination. It also proposed the creation of a regional PPP facilitation platform and the harmonisation of port-related laws.

    The second session explored the region’s potential in capturing new manufacturing opportunities created by shifting global supply chains. Discussions included establishing hubs in shipbuilding, electronics, logistics, and renewable energy sectors. Both sessions highlighted the importance of coordinated strategies, improved regional connectivity, and policy reforms in positioning the Bay of Bengal as a resilient trade and industry corridor.

    Union Minister of State for Ports, Shipping and Waterways, Shantanu Thakur, also addressed the conclave. He highlighted India’s leadership in promoting seamless regional connectivity through harmonised maritime transport policies, digital logistics platforms, private investment, and a strong emphasis on skill development and green innovation.

    Conclave discussions focused on operationalising the AMTC agreement, streamlining customs and logistics, and expanding cruise tourism through PPP models and joint branding strategies. Delegates proposed initiatives such as port-linked industrial zones, a regional Port Community System, multimodal logistics parks, and the development of Special Economic Zones (SEZs) to improve hinterland connectivity. Emphasis was also placed on cross-border training programmes, industry-academia collaboration, and innovation in green shipping as essential components for the region’s sustainable future.

    Speaking about the strategic Kaladan Multi-Modal Transit Transport Project, Sonowal highlighted its role as a transformative initiative connecting India’s Northeast to the Bay of Bengal. He said that under the Act East Policy, Kaladan serves not only as a bilateral initiative with Myanmar but also as a model for regional integration under BIMSTEC. The project, he added, has the potential to significantly reduce trade costs, improve transit efficiency, and open new economic opportunities for India’s Northeast while fostering closer ties with neighbouring countries.

  • BIMSTEC Maritime Transport Pact poised to transform Bay of Bengal into global trade and tourism hub: Sarbananda Sonowal

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal on Monday inaugurated the second edition of the BIMSTEC Ports Conclave in Visakhapatnam, outlining a bold and collaborative vision to transform the Bay of Bengal into a vibrant hub of global trade, cruise tourism, and sustainable development.

    The two-day conclave, attended by representatives from all seven BIMSTEC nations—Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand—brought together policymakers, port authorities, maritime experts, private stakeholders, and academics to chart a shared maritime future for the region.

    Sonowal described the BIMSTEC Ports Conclave as a “springboard” for unlocking the potential of the Blue Economy. He emphasized that under Prime Minister Narendra Modi’s “Neighbourhood First” policy, BIMSTEC nations are key partners in driving regional prosperity. He called for deeper collaboration in port-led industrialisation, digital integration, and skill development, aiming to create a seamless and efficient port network that can act as an engine of growth for the entire region.

    The conclave builds upon the momentum of the first BIMSTEC Ports Conclave and aims to operationalise the BIMSTEC Agreement on Maritime Transport Cooperation (AMTC), which India was the first to ratify. Sonowal urged all member states to expedite its ratification and implementation.

    A major announcement at the event was the establishment of a BIMSTEC Sustainable Maritime Transport Centre in Powai, Mumbai. This centre, to be set up under the Indian Ocean Centre of Excellence for Sustainable Maritime Transport (IOCE-SMarT), will be key to operationalising the AMTC agreement. Sonowal noted that the centre will drive harmonisation of maritime policies, promote green and digital transformations, reduce trade costs, and strengthen maritime skill development across the region.

    The conclave featured two major sessions that shaped the roadmap for BIMSTEC’s maritime future. The first session focused on increasing private sector participation and public-private partnerships (PPPs) to modernize port infrastructure and improve regional coordination. It also proposed the creation of a regional PPP facilitation platform and the harmonisation of port-related laws.

    The second session explored the region’s potential in capturing new manufacturing opportunities created by shifting global supply chains. Discussions included establishing hubs in shipbuilding, electronics, logistics, and renewable energy sectors. Both sessions highlighted the importance of coordinated strategies, improved regional connectivity, and policy reforms in positioning the Bay of Bengal as a resilient trade and industry corridor.

    Union Minister of State for Ports, Shipping and Waterways, Shantanu Thakur, also addressed the conclave. He highlighted India’s leadership in promoting seamless regional connectivity through harmonised maritime transport policies, digital logistics platforms, private investment, and a strong emphasis on skill development and green innovation.

    Conclave discussions focused on operationalising the AMTC agreement, streamlining customs and logistics, and expanding cruise tourism through PPP models and joint branding strategies. Delegates proposed initiatives such as port-linked industrial zones, a regional Port Community System, multimodal logistics parks, and the development of Special Economic Zones (SEZs) to improve hinterland connectivity. Emphasis was also placed on cross-border training programmes, industry-academia collaboration, and innovation in green shipping as essential components for the region’s sustainable future.

    Speaking about the strategic Kaladan Multi-Modal Transit Transport Project, Sonowal highlighted its role as a transformative initiative connecting India’s Northeast to the Bay of Bengal. He said that under the Act East Policy, Kaladan serves not only as a bilateral initiative with Myanmar but also as a model for regional integration under BIMSTEC. The project, he added, has the potential to significantly reduce trade costs, improve transit efficiency, and open new economic opportunities for India’s Northeast while fostering closer ties with neighbouring countries.