News

Maruti Suzuki, India's largest car manufacturer, is set to increase vehicle prices by up to 4% from April 2025 due to rising input and operational costs. The company acknowledges the need to pass on some of these increased expenses to consumers while remaining committed to minimizing the impact on them.

Delhi airport operator DIAL has sued the Indian government for permitting commercial flights from a nearby airbase, claiming it violates regulations and threatens the airport's financial viability. DIAL argues the government's decision breaches aviation rules and has caused financial losses for Delhi airport, which handled 73.6 million passengers last year but incurred a $21 million loss due to increased government fees.

A Moody's report warns that South and Southeast Asian companies in automotive, steel, chemicals, and business services face significant exposure to higher US tariffs, while industries like mining, oil and gas, and agriculture are less vulnerable due to strong domestic operations or diversified supply chains. Indian IT firms are well-positioned to handle cost pressures but remain exposed to shifts in US immigration rules.

India is setting its sights high, aiming to double its bilateral trade with the United States to a staggering $500 billion by 2030. This ambitious goal is being pursued through a multi-pronged approach, including the negotiation of a free trade agreement and proactive engagement with the US on trade matters.

Tesla has raised concerns about potential retaliatory tariffs in response to President Trump's proposed tariffs on vehicles and parts manufactured worldwide. The electric vehicle manufacturer's policy team has highlighted the risk of adverse effects on US companies due to the trade war initiated by Trump.