Opinion: It’s your mobility versus mine

The pedestrians have to be taken of much before those on pedals are when creating the infrastructure to move. By Avik ChattopadhyayExclusion is fashionable these days. Seems the world is too small and precious to accommodate all of us, together.Gated condominiums have given way to communities and finally countries. Purity has transcended water and food… Continue reading Opinion: It’s your mobility versus mine

Fed meet outcome holds key on USD-EUR pair trade

Dharmesh BhatiaThe Euro has been all over the place during the trading sessions this week. The pair has remained in range of 1.1200-1.0800 as traders trying to peruse whether or not global demand is going to continue to slump, perhaps due to the coronavirus outbreak.All the more, Germany’s IFO Business Climate survey for January 2019… Continue reading Fed meet outcome holds key on USD-EUR pair trade

Sundram Fasteners sets up Rs 100 crore plant in AP; Q3 PAT falls 10%

The unit has been set up to manufacture and export high precision engineering components to a leading European manufacturer for onward supply to its global marquee OEM customers for their existing as well as new programs New Delhi: Auto component maker Sundram Fasteners has inaugurated a Rs 100 crore facility at SEZ Unit at Sri… Continue reading Sundram Fasteners sets up Rs 100 crore plant in AP; Q3 PAT falls 10%

Budget 2020: Steel industry looks for duty protection

While the steel industry may have its own demands and wishes from the upcoming Union Budget, it will be more than happy if Finance Minister Nirmala Sithraman instead focuses on two industries – auto and infrastructure.Both the sectors have been distress, and that has been a cause of worry for all steelmakers, including Tata Steel… Continue reading Budget 2020: Steel industry looks for duty protection

Auto industry expects GST cut, scrappage policy, other incentives from the Budget

Finance minister Nirmala Sitharaman’s second Budget is crucial for the slowdown-hit auto industry, which reported its worst-ever sales drop in two decades last year. The auto industry which contributes more than 7% to the country’s gross domestic product (GDP) is in the grip of a slowdown due to various reasons, including increasing cost of ownership,… Continue reading Auto industry expects GST cut, scrappage policy, other incentives from the Budget