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- PM Modi's 'Mega' Partnership Formula Has Become a Headache for India,Says Congress
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MG Motor launches new electric car 'Comet', starting price Rs 7.98 lakh
New Delhi, Apr 26, (Fast Mail News):-- Vehicle manufacturer Morris Garages (MG) Motor India on Wednesday launched its new electric car 'Comet'. Its starting price is Rs 7.98 lakh. MG's Comet is the cheapest, smallest and entry level electric car.
The company has claimed that it is the most affordable electric vehicle (EV) in the country. The Comet is the second electric vehicle model from the company after the ZS EV. Its production has started at the Halol plant in Gujarat. Its booking is starting from 15th May. Comet EV will get a range of 230 kilometers in full charge. The company says that this car will run for 1000 kilometers for Rs 519.
Rajeev Chaba, President and Managing Director, MG Motor India, said in a statement, “The Comet EV furthers our determination to transform the way cities move. He added that the Comet EV has been built on the pure electric GSEV platform. MG Motor, a wholly owned unit of China's SAIC Motor Corp, has invested around Rs 700 crore in the development of the Comet.
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American Tariffs Threaten 10 Lakh Jobs in India, Major Sectors to Face Severe Impact
(Fast Mail):--The United States has imposed an additional 25% tariff on goods imported from India, effective from August 27, i.e., today. Prior to this, a 25% tariff was already in place since August 7, bringing the total tariff to a hefty 50%.
Brijesh Goyal, Chairman of the Chamber of Trade and Ind....
Congress demands official paper on GST 2.0, calls for 'Good and Simple Tax'
NEW DELHI: The Congress party, on Saturday, urged the government to promptly release an "official discussion paper" on 'GST 2.0' to facilitate comprehensive discussions on the proposed Goods and Services Tax (GST) reforms, which include simplifying the tax structure to just two rates&mdash....
Rupee Falls 16 Paise to 87.82 Against US Dollar
MUMBAI: In the interbank forex market, the rupee opened weakly at 87.95 against the US dollar. During the day, it touched 87.75 but closed at 87.82 (provisional), down 16 paise from its previous close. On Monday, the rupee had fallen 48 paise to close at 87.66 against the US dollar.
Anuj Choud....
Congress to Hold Massive Protest in Bengaluru on August 5 Against Vote Rigging, Rahul Gandhi to Participate
(Fast Mail):--The Congress party has announced a massive protest in Bengaluru, Karnataka, on August 5 to address alleged vote rigging and discrepancies in voter lists.
The event will see participation from Rahul Gandhi, the state’s Chief Minister, Deputy Chief Minister, several ministers....
New US Tariffs to Hurt India’s Exports! Will MPC Meeting Lead to Interest Rate Cuts?
By Jagadananda Pradhan
(Fast Mail News):-- The new US tariffs could result in a loss to India’s exports, estimated at 0.3% to 0.4% of GDP. This is due to India’s economy being primarily focused on the domestic market and its relatively low share in goods exports to the US.
Accordi....
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