Self-driving taxi startup Udacity takes aim at Uber

Silicon Valley online education start-up Udacity is spinning out its school for driverless car engineers to develop self-driving taxis, taking aim at the likes of Uber Technologies Inc, the company said on Thursday. Udacity was co-founded by Sebastian Thrun, who...

Petrol and diesel prices slashed

The advent of the new financial year has brought about a good news to all the people in India. Oil companies have cut down the price of petrol and diesel by Rs. 3.77 and Rs. 2.91. The decision has...

Skoda Kodiaq is expected to launch in the festive season later this year

Skoda has begun testing its flagship SUV, the Kodiaq, on Indian streets yet again. The model is slated to launch during the festive season later this year. Skoda Kodiaq made its world premiere in September 2016 in Prague. The...

Maruti Suzuki Ciaz And Ertiga To Become Pricier After Withdrawal Of FAME Subsidy

The announcement of the Central Government of withdrawing the subsidies that have been provided to mild hybrid diesel cars under the FAME scheme has certainly been a bit of a dampener for Maruti Suzuki India. The company already has...

Apple’s Work With Bosch Hints At Pursuit Of Autonomous Technology

While Apple may not be working on its own driverless car, the tech giant has seemingly not given up the pursuit of autonomous tech yet. According to Automotive News, in February the company published a list of suppliers it...

Government Withdraws Subsidy Promoting Diesel Hybrids

In a decisive move, the Centre has decided to discontinue subsidies for diesel mild hybrids under a scheme called FAME, centre's flagship program to boost hybrid and electric cars. This after various national and international studies pointed out how...

IMF warns of slow productivity growth undermining financial, social stability

Washington, April 04, 2017: NInternational Monetary Fund (IMF) warned that slow productivity growth since the 2008 financial crisis would threaten financial and social stability in some countries. "Another decade of weak productivity growth would seriously undermine the rise in...

Innovation increasing in hybrid-electric CV market

Growing concern for the environment and desire for efficiency are driving demand for electric vehicles. While considerable progress has been made in consumer vehicles in this area, commercial vehicles have so far seen less innovation. However, this is beginning to...

Mercedes-Benz sales up 3.3% at 29,092 units in US

German luxury carmaker Mercedes-Benz has reported 3.3 percent increase in US and stood at 29,092 units for the month of March 2017, informed the company in a media release. Adding 2,871 units for Vans and 389 units for smart, Mercedes-Benz...

GST Council clears bulk of rules for new tax regime

The council approved five rules dealing with registration, refunds, returns, invoice-debit and credit note payments that have been amended in line with changes to the GST laws. The GST Council cleared the bulk of the rules framework that constitutes the...