Daily Excelsior

Udhampur, Mar 31: Seven people sustained injuries today after a passenger auto bearing registration number JK14G/2923 met with an accident at Kallaser Morh, Chenani. Officials said, five of the injured were referred to Government Medical College (GMC) Udhampur for further treatment. The details of those referred are 16-year-old, resident of Gharian Kallan. 26-year-old, resident of Nagulta. 90-year-old, resident of Kallaser, 66-year-old, resident of Kallaser, 35-year-old, resident of Kallaser. Tw

Excelsior Correspondent SRINAGAR, Mar 24: The Jammu and Kashmir Unaided Private Schools Association (JKUPS) today demanded greater autonomy for private schools, asserting that it does not seek Government subsidies but a regulatory framework that allows institutions to function with accountability. Click here to watch video Addressing a press conference here, Association president Showkat Choudhary said unaided private schools are facing multiple challenges within the existing education system an

NEW DELHI: (Mar 24) The Opposition on Tuesday accused the government of giving up its strategic autonomy to the United States, while the ruling alliance hailed the steps taken for the all-around development of the country and its people. Participating in the debate on the Finance Bill 2026 in Lok Sabha, Congress MP Manish Tewari claimed there has been an exodus of foreign direct investment (FDI) and foreign portfolio investment (FPI) from the country, and the economy is not kicking [] The post O

NEW DELHI, Mar 24: Electric carmaker VinFast Auto India on Tuesday said it has partnered with CSB Bank to provide auto and inventory financing for its dealer network. The company has signed a Memorandum of Understanding (MoU) with CSB Bank for the purpose, VinFast Auto India said in a statement. The partnership aims to deliver a comprehensive and convenient suite of credit solutions for potential customers of electric SUVs VF 6 and VF 7, supporting VinFasts growth strategy in [] The post VinFas

NEW DELHI, Mar 22:Czech automotive brand Skoda is eyeing up to 12 per cent sales growth in India this year on the back of ten product actions and network expansion in the country, according to a senior company official. Skoda Auto India, which has launched the facelift version of its mid-sized SUV Kushaq, has set its eyes on crossing the 1 lakh annual sales milestone in future, but not in 2026, having sold close to 72,000 units in 2025, its [] The post Skoda Auto India eyeing up to 12 pc sales g

SEOUL, Mar 20: A fire at an auto parts factory in South Koreas central city of Daejeon injured at least 53 people on Friday as officials warned the the number of those hurt could rise. Nam Deuk-woo, fire chief of the citys Daedeok district, said 24 of those people were seriously hurt and authorities were searching for at least 14 others believed to have been inside the facility when the fire broke out. Officials could not immediately confirm whether any [] The post Fire at South Korean auto part

NEW DELHI, Mar 19: Italian supersports carmaker Automobili Lamborghini will not get any benefit from the India-EU free trade pact as plug-in hybrids are not included but there is hope that it could be covered under the deal in future, according to its Chairman and CEO Stephan Winkelmann. Automobili Lamborghini, which sells super luxury models Urus SE, Temerario and Revuelto in India with prices ranging from Rs 4.47 crore to Rs 8.70 crore (ex showroom), expects a stable [] The post No benefit f

JAMMU, Mar 9: The Jammu and Kashmir government has notified amendments to the Unified Building Bye-Laws (UBBL) 2021 under the provisions of Jammu and Kashmir Development Act, 1970 and J&K Municipal Act 2000. The move is aimed at promoting Ease of Doing Business, rationalizing development controls and digitizing approvals. The reforms are expected to strengthen the compliance across all Urban Local Bodies and Development Authorities in the Union Territory. The amendments simplify land use regulat

NEW DELHI, Mar 9:American auto major General Motors aftermarket automotive products brand, ACDelco made its return to the Indian market on Monday through a licensing pact with Assurance Intl Ltd. Under the agreement, Assurance Intl Ltd will be the official licensee for ACDelco in India, responsible for manufacturing, marketing and distribution of select aftermarket products. Initially, well be dealing with lubricants and batteries and then later on, we plan to expand into filters and maybe other

New Delhi, Mar 9: Prime Minister Narendra Modi on Monday called for accelerating the process of linking the countrys education sector to the real world economy. Addressing a post-budget webinar, he said the focus on subjects like AI and automation needs to be increased. We will have to accelerate the process of linking our education system to the real world economy even further We will have to increase our focus on subjects like AI and automation, digital economy and design-driven [] The post Fo

NEW DELHI, Mar 8: There is a need to relax criteria for Indias PLI scheme for automobiles to enable electric vehicle start-ups to benefit and contribute to the countrys green mobility journey, according to Euler Motors Founder & CEO Saurav Kumar. The high ceiling for revenue and investments outlined in the PLI for the auto sector has meant that a company like Euler Motors, despite being among the top players in the electric small trucks and three-wheeler cargo segment, has [] The post Need relax

Excelsior Correspondent JAMMU, Mar 6: In J&K for February 2026, retail sector registered a growth of 40.52 % YoY. The 2-Wheeler category witnessed a growth of 53.48% at 7,792 units in February 2026, as compared to 5,077 units in February 2025. The 3 Wheeler category witnessed a growth of 27.79% at 1,292 units in February 2026, as compared to 1,011units in February 2025. The Commercial Wheeler category witnessed a growth of 38.04% at 1,212 units in February 2026, as compared [] The post Auto reta

NEW DELHI, Mar 6: With the US announcing a temporary waiver to allow Indian refiners to purchase Russian oil, the Congress alleged on Friday that Indias strategic autonomy and national sovereignty are under dire threat because Prime Minister Narendra Modi is being blackmailed by America. Congress leader Rahul Gandhi said Indias current foreign policy is the result of the exploitation of a compromised individual. His attack on Modi came after the US announced the temporary waiver for the purchase

NEW DELHI, Mar 5: Domestic automobile retail sales surged 26 per cent year-on-year in February, extending the momentum seen after GST 2.0, with improved affordability and market confidence translating into broad-based growth across segments, dealers body FADA said on Thursday. The overall retail sales last month rose to 24,09,362 units as compared with 19,17,934 units in February 2025, registering an increase of 25.62 per cent. The growth was broad-based across almost all segmentsFive out of six

NEW DELHI, Mar 2: Bajaj Auto Ltd on Monday reported a 27 per cent rise in total sales at 4,48,259 units in February as compared to 3,52,071 units in the same month last year. Total domestic sales were at 2,32,581 units last month as against 1,83,415 units in the year-ago period, up 27 per cent, Bajaj Auto Ltd said in a regulatory filing. Two-wheeler sales in the domestic market were at 1,86,164 units as against 1,46,138 units in February 2025, [] The post Bajaj Auto sales up 27 pc at 4,48,259 un

NEW DELHI, Mar 1: The government will take a consensual view before implementing the CAFE-III rules, which seek to limit average fuel consumption and carbon emissions across the entire model range of an automobile manufacturer, Union Power Minister Manohar Lal said on Sunday. The Corporate Average Fuel Efficiency-III (CAFE-3), introduced by the Bureau of Energy Efficiency (BEE), is proposed to be effective from April 1, 2027, to March 31, 2032. The government has sought feedback on the draft rul

NEW DELHI, Feb 27: The auto PLI scheme has accelerated production scale among approved electric two-wheeler makers but it has significantly altered competitive dynamics with the cost advantage being used to capture domestic market share rather than build export-ready platforms, think tank Centre for Digital Economy Policy Research said on Friday. Non-PLI electric two-wheeler (e2W) manufacturers experienced a sharp market contraction, with growth crashing from (+ve) 407 per cent in FY22 to (-ve)

NEW DELHI, Feb 25: Indias support measures to promote manufacturing in the automobile and renewable energy sectors are fully compliant with World Trade Organisation norms and the country will strongly defend them at the WTOs dispute settlement panel meetings, an official said. Following a request by China, the WTO dispute settlement body on Tuesday announced the setting up of a panel to hear the case. The official said that India regrets Chinas decision to proceed with panel establishment despit

NEW DELHI, Feb 13: The Indian automobile industry clocked its highest-ever January sales in 2026, with passenger vehicles, two-wheelers and three-wheelers posting double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday here. Total vehicle production, including passenger vehicles, three-wheelers, two-wheelers and quadricycles, stood at 29,27,394 units in January 2026, reflecting strong momentum at the start of the calendar year. Domestic

Excelsior Correspondent JAMMU, Feb 12: Jammu Motor Vehicles (JMV), an Authorised Dealership of Mahindra unveiled the all-new e-auto, Mahindra UDO vehicle, in a function held here today. The event was held at the Bakshi Nagar Showroom in Jammu and the vehicle was unveiled by Rachit Chopra, auto union president, in the presence of Swatantar Aggarwal, Chairman of Aggarwal Group, Vineet Aggarwal, Nitin Aggarwal, other Directors and family members of Aggarwal. The Mahindra UDO draws inspiration from

Excelsior Correspondent JAMMU, Feb 11: The auto market in Jammu and Kashmir registered a growth of 9.95% in Jan 2026. The 2-Wheeler category witnessed a growth of 8.64% at 4,978 units in January 2026, as compared to 4,582 units in January 2025. The 3-Wheeler category witnessed a growth of 7.81% at 1,091units in January 2026, as compared to 1,012 units in January 2025. The Commercial Wheeler category witnessed a growth of 30.69% at 1,056 units in January 2026, as compared [] The post J&K auto mar

MUMBAI, Feb 11: Tamilnad Mercantile Bank will repurpose more than half its staff towards sales as it shifts focus from maintaining its long-standing customer relationships to increasing revenues, a top official said. This will be done through the technology-led investments which lead to automation benefits in a lot of repeat jobs, its Managing Director and Chief Executive Salee S Nair told PTI, underlining that there will not be any layoffs. Overall employee count is expected to rise by over 200

NEW DELHI, Feb 10: Automobile retail sales rose nearly 18 per cent year-on-year to over 27 lakh units in January, led by continued post-GST momentum, healthy rural cash flows on the back of harvest and weddings, and sustained demand visibility across freight, dealers body FADA said on Tuesday. Overall retail sales last month grew to 27,22,558 units, up 17.61 per cent, as against 23,14,940 units in January 2025. Passenger vehicle retails stood at 5,13,475 units last month, a growth of [] The post

NEW DELHI, Feb 6: Mahindra Group on Friday said it will invest Rs 15,000 crore in Maharashtra over the next ten years, which includes setting up an automobile and tractor manufacturing facility in Nagpur. In addition, Mahindra will acquire land in the Igatpuri-Nashik region to expand current product and engine capacities, as well as to support the growth of its Advanced Technology business, Mahindra Group said in a statement. With these initiatives, Mahindra is committing a comprehensive investm

NEW DELHI, Feb 6: The India-EU deal is expected to reshape competitive dynamics and market access on both sides while providing better access to European markets for Indian auto and component exports, aiding the sectors long-term growth prospects, according to a report by Icra. It is expected to give a boost to premium vehicle imports, but have limited disruption to the mass market, it added. The sharp reduction in duties on EU-made vehicles (completely built units) is expected to drop [] The po

NEW DELHI, Feb 6: Maruti Suzuki India on Friday said it has inked a pact with Andhra Pradesh government for the setting up and maintenance of four automated driving test tracks across the state. The tracks will be set up at four Regional Transport Office (RTO) locations in the state, namely Eluru, Ongole, Vizianagaram, and Anakapalli. Under the MoA, the car major will automate and maintain these driving test tracks for a period of three years from the date of [] The post Maruti joins hands with

Money management is no longer just about saving, but also about making every rupee work harder for you. Traditionally, people have relied on Savings Accounts to store their money safely. While this approach ensures liquidity and security, it often leaves idle balances earning minimal interest. In todays financial landscape, smarter solutions exist that allow you to grow your wealth without sacrificing flexibility. One of the effective strategies is auto-invest, a feature that automatically inves

NEW DELHI, Feb 3: Bajaj Auto Ltd on Tuesday reported a 25 per cent rise in total sales at 4,77,422 units in January as compared to 3,81,040 units in the same month last year. Total domestic sales were at 2,61,975 units last month as against 2,08,359 units in the year-ago period, up 26 per cent, Bajaj Auto Ltd said in a regulatory filing. Two-wheeler sales in the domestic market were at 2,14,727 units as against 1,71,299 units in January 2025, [] The post Bajaj Auto Jan sales rise 25 pc at 4,77,4

New Delhi, Jan 23 : The Indian Auto LPG Coalition (IAC) has urged the Petroleum and Natural Gas Regulatory Board (PNGRB) to include Auto LPG (Autogas) in an ongoing TERI-led study assessing vehicular fuel options in Indias energy transition. In a formal representation to PNGRB, the coalition sought inclusion of Auto LPG in the study titled Comparative Assessment of Vehicular Fuels in Indias Energy Transition A Multi-Dimensional Approach, commissioned by the regulator to provide evidence-based i

New Delhi, Jan 18 : Automobile exports from India rose 24 per cent in 2025 driven by robust demand for cars, two wheelers and commercial vehicles in the overseas markets, as per the latest SIAM data. Overall exports last year raced to 63,25,211 units as against 50,98,474 units in the 2024 calendar year, up 24.1 per cent. Passenger vehicle exports rose to 8,63,233 units, up 16 per cent as compared with 7,43,979 units in 2024. Utility vehicle dispatches witnessed a [] The post Automobile exports f

Excelsior Correspondent NEW DELHI, Jan 15: Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences and MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today announced a significant expansion of Indias urban weather observation infrastructure, with the deployment of 200 Automatic Weather Stations across four major metropolitan cities. Addressing senior officers, meteorology experts and stakeholders, the Minister said that 5

Excelsior Correspondent JAMMU, Jan 7: In J&K for December 2025, the 2-Wheeler category witnessed a growth of 41.86 percent at 4,717 units in December 2025, as compared to 3,325 units in December 2024. The 3-category witnessed a growth of 11.40 per cent at 1,046 units in December 2025, as compared to 939 units in December 2024. The Commercial Wheeler category witnessed a growth of 46.46 per cent at 1,056 units in December 2025, as compared to 721 units in December [] The post J&K auto retail reco

NEW DELHI, Jan 6: Retail sales of vehicles across categories in India in 2025 grew by 7.71 per cent at 2,81,61,228 units as compared to 2,61,45,445 in 2024, with GST 2.0 helping overcome a subdued start to the year, Federation of Automobile Dealers Associations said on Tuesday. Passenger vehicle (PV) retail sales stood at 44,75,309 units in 2025 as against 40,79,532 units in 2024, a growth of 9.7 per cent, Federation of Automobile Dealers Associations (FADA) said in a [] The post Automobile ret

NEW DELHI, Jan 3 : Indias automobile industry wrapped up 2025 on a firm footing, supported by broad-based sales growth across key segments in December. Strong consumer demand, improving economic conditions, and steady performance by leading manufacturers helped the sector close the year on a positive and resilient note. Passenger vehicle makers reported healthy momentum in the final month, driven by sustained demand for compact cars, utility vehicles and SUVs. Urban markets continued to show str

NEW DELHI, Jan 1: Mahindra & Mahindra Ltd on Thursday reported a 25 per cent year-on-year growth in automobile sales at 86,090 units, including exports, in December 2025. Domestic passenger vehicle sales were up 23 per cent at 50,946 units in December 2025, as compared to 41,424 units in the same month of 2024, Mahindra & Mahindra (M&M) said in a regulatory filing. Sales of commercial vehicles in the domestic market stood at 24,786, a growth of 34 per [] The post M&M auto sales up 25 pc in Dec

The automotive industry is transitioning to a stage where public expectations, regulation, and innovation are all coming together with more clarity. Monitoring the auto sector news is one way of building a comprehensive picture of the tactics that are being formed by the manufacturers, suppliers, and policymakers in the years ahead. The industry is showing a cautious movement as we head to 2026, a movement that ensures the industry is partially ready to adopt a new technological advancement and,

JAMMU, Dec 22 : Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences, and Minister of State in the Prime Ministers Office, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh, today released the reprint and e-book edition of Fifty Years as a Journalist, the autobiography of veteran journalist, Lala Mulk Raj Saraf, described by some as the Father of Journalism in Jammu & Kashmir. The book has been published by Jamna Devi Gian [] T

NEW DELHI, Dec 21: After a record-breaking year, Indias automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments. The momentum reflects more than cyclical recovery. Passenger vehicle volumes in 2025 rebo

Excelsior Correspondent JAMMU, Dec 19: Chief Secretary, Atal Dulloo, today reviewed the implementation and progress of housing and urban development initiatives, including the Urban Challenge Fund, the Auto Development Control Regulation (Auto DCR) system for building permissions, and ongoing conservation and development works of Dal and Nigeen lakes. The review meeting was attended by Commissioner Secretary, Housing & Urban Development Department (H&UDD); Secretary, Rural Development Department

JAMMU, Dec 19: Chief Secretary, Atal Dulloo, today reviewed the implementation and progress of housing and urban development initiatives, including the Urban Challenge Fund, the Auto Development Control Regulation (Auto DCR) system for building permissions, and ongoing conservation and development works of Dal and Nigeen lakes. The review meeting was attended by Commissioner Secretary, Housing & Urban Development Department (H&UDD); Secretary, Rural Development Department (RDD); Vice Chairman, J

NEW DELHI, Dec 12: A decision of Mexico to increase tariffs will severely hit Indias exports of automobiles, auto components, electronics, metals and chemicals to the South American country, experts say. For India, the measures affect nearly three-quarters of its USD 5.75 billion exports to Mexico in FY 2025, fundamentally altering the commercial logic of accessing the Mexican market, they said. Mexicos Senate approved the new tariff measure on December 11, 2025, and it has since been cleared b

NEW DELHI, Dec 10: Assocham President Nirmal Kumar Minda has cautioned against a blanket reduction in import duties on auto components under the proposed trade pact with the EU, saying such concessions must be calibrated to avoid hurting domestic manufacturers, particularly MSMEs. He said that if duty concessions to the European Union (EU) under the proposed agreement provide domestic players access to advanced technology, larger markets and stable supply chains, there is merit in considering t

JAMMU, Dec 9: Jammu & Kashmirs automobile retail sector posted a steady performance in November 2025, registering an overall 4.92% year-on-year growth. Total vehicle retail stood at 15,597 units, up from 14,865 units in November 2024, according to data shared by the Federation of Automobile Dealers Associations (FADA) Jammu. The month reflected a mixed market response, with some key categories showing a decline while others recorded strong gains. Two Wheelers category witnessed a downfall by -8.

NEW DELHI, Dec 8: Automobile retail sales sustained momentum post festive period with registrations rising 2 per cent year on year in November led by robust demand for passenger vehicles, three wheelers, commercial vehicles and tractors, dealers body FADA said on Monday. Overall retail sales rose to 33,00,832 units last month as compared with 32,31,526 units in November 2024. Last year Deepawali and Dhanteras fell towards the end of October and vehicle registrations happened in November which

NEW DELHI, Dec 5: The RBI decision to cut interest rate by 25 basis points, along with recent GST reforms, would further lead to the automobile industrys growth by enhancing affordability and accessibility for consumers, industry body SIAM said on Friday. The 25 bps rate cut announced on Friday by the Reserve Bank, along with earlier repo rate reductions, reinforces a supportive monetary environment for boosting consumer sentiment in the country, Society of Indian Automobile Manufacturers (SIAM)