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Cheer for passengers! Indian Railways to roll out 50 Namo Bharat AC trains; 100 new MEMUs for short distance travel

Namo Bharat, earlier called the Vande Metro, is an air-conditioned self-propelled train set that has been built on the Vande Bharat Express platform. Indian Railways will manufacture more trains to ferry passengers over shorter distances. Railway Minister Ashwini Vaishaw has said 50 new Namo Bharat trains will be manufactured by the national transporter. Additionally, 100…

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Maruti bets on Indian Railways for transport: Vehicle dispatches through trains to rise to 35%; second automobile in-plant railway siding opened

Maruti Suzuki India aims to significantly increase vehicle deliveries via trains to 35% by FY 2030-31, as stated by MD-CEO Hisashi Takeuchi. This expansion is supported by the new in-plant railway siding at Manesar, the largest GatiShakti multi-modal cargo terminal in India. The initiative will reduce carbon emissions and fuel consumption considerably. NEW DELHI: Maruti…

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‘Dramatic decline…watch out…’: China’s exports to US dip sharply amid Trump trade war; why India needs to be on the guard

China’s shipments to India by 12.4 per cent to $11.13 billion. (AI image) Donald Trump tariff impact: China has increased its exports to countries like India amidst the ongoing trade issues with the US. According to a Global Trade Research Initiative (GTRI) report, China has expanded its exports to India, European Union (EU), and the…

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Iran-Israel conflict: How will blocking of Strait of Hormuz hit India? Indian refiners look at alternative routes for fuel supply

The Strait of Hormuz serves as a crucial channel for worldwide energy transportation. (AI image) Will the escalating Iran-Israel conflict cause an oil supply issue for India? Indian refiners are exploring alternative energy sources, including those from West African nations, to ensure fuel supply security in case Iran blocks the Strait of Hormuz amid escalating…

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Meesho to pay $288 million tax to come back

MUMBAI: Meesho has secured the NCLT nod to move its domicile back to India from the US. The tribunal has approved the e-commerce firm’s proposal to demerge its Indian operations from its US parent entity. This essentially allows Meesho to separate from its US holding company and merge with its Indian entity, completing the reverse…

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Wholesale inflation eases to 14-month low

NEW DELHI: Wholesale price inflation in May eased to a 14-month low, led by a sharp easing in food, fuel, and softer base metal prices. However, experts cautioned that the Israel-Iran conflict and global trade tensions could impact crude oil prices and the overall price situation in the months ahead.Data released by the commerce and…

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South Delhi India’s capital for FMCG consumption

Representative image (Photo: ANI) NEW DELHI: When it comes to quantity (volume), South Delhi, associated with affluence, is India’s unrivalled consumption capital for fast-moving consumer goods. But West Delhi is the top spender on these goods, not only in the capital, but also in the country. What’s common: both prefer good old home-cooked meals, and…

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US tariff effect: British carmaker Jaguar Land Rover trims FY26 margin forecast; Tata Motors shares fall 5%

British luxury carmaker Jaguar Land Rover (JLR) sharply lowered its earnings outlook for the next financial year, citing growing uncertainty in the global automotive market and new US tariffs that threaten to disrupt international sales.On Monday, JLR revised its earnings before interest and taxes (EBIT) margin forecast for fiscal 2026 to between 5% and 7%,…

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