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"It's the EV Era" as June New Registrations of Imported Cars Surpass 38,000 Units… First-Half Cumulative Increase of 33%

"It's the EV Era" as June New Registrations of Imported Cars Surpass 38,000 Units… First-Half Cumulative Increase of 33%

Imported car registrations in June 2026 surged to 38,059 units, up 37% YoY, with first-half cumulative growth of 33%. EVs dominated, capturing 51.1% market share, led by Tesla and BYD.
Iron Ore Rebounds on China Supply Restrictions

Iron Ore Rebounds on China Supply Restrictions

Iron ore futures climbed above CNY 740/ton, recovering from one-year lows. China's supply restrictions on Fortescue products to steel mills tightened the market, causing the rebound.
State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh Puri

State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh Puri

State oil companies lost ₹74,781 crore in Q1 by selling fuels below market prices. Minister Puri noted refiners are recovering losses from earlier high crude costs, delaying pump price cuts despite current $70/barrel crude.
Saudi Aramco cuts LPG prices by up to 27% for July

Saudi Aramco cuts LPG prices by up to 27% for July

Saudi Aramco cut July LPG prices by 24-27%, while Algeria's Sonatrach reduced theirs by 2-10%. This reduction is due to increased global supply, impacting the market.
Coal gasification pilot yet to take off despite ₹6,233 cr incentives

Coal gasification pilot yet to take off despite ₹6,233 cr incentives

Despite ₹6,233 cr incentives, 8 coal gasification pilot projects haven't progressed, pushing commissioning to FY30. A new ₹37,500 cr scheme excludes early participants, leaving them disadvantaged due to delays and lack of access to better incentives.
Ahmedabad Airport Introduces Faster Cab Pickup System

Ahmedabad Airport Introduces Faster Cab Pickup System

Ahmedabad Airport is launching a new cab pickup system in coming weeks. Passengers can book at a counter, get a code, and board available taxis, significantly reducing waiting times and congestion for improved airport mobility.
Ahmedabad Airport Ground Operations Face Fresh Scrutiny

Ahmedabad Airport Ground Operations Face Fresh Scrutiny

Ahmedabad Airport's ground operations face regulatory scrutiny after a June 24 incident involving an aircraft's post-landing movement. The review aims to enhance safety, procedural compliance, and communication amidst rising traffic, crucial for urban resilience and economic growth.
Mumbai Monsoon Flooding Tests Urban Transport Network

Mumbai Monsoon Flooding Tests Urban Transport Network

Mumbai's transport network faced severe tests as intense monsoon showers caused widespread flooding, disrupting roads and suburban railways. A red alert was issued for Mumbai and surrounding districts, highlighting infrastructure vulnerability and affecting millions of commuters.
Ahmedabad Bullet Train Gains Japan Backing

Ahmedabad Bullet Train Gains Japan Backing

Japan and India reaffirmed commitment to the Mumbai-Ahmedabad Bullet Train, targeting 2027 operations for the 500 km corridor. This strengthens confidence in the 320 kmph high-speed rail project and signals broader future HSR development across India.
Ahmedabad Bridge Demolition Advances Riverfront Renewal

Ahmedabad Bridge Demolition Advances Riverfront Renewal

Ahmedabad's five-decade-old Subhash Bridge demolition advanced with three central spans removed. It's being replaced for improved safety, durability, and urban mobility, reflecting a shift towards resilient infrastructure management and sustainable city development.

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