Rate Cut Boosts Auto Sentiment

11 Apr 2025 CW Team

The Reserve Bank of India’s recent decision to maintain its accommodative stance and signal a potential rate cut has been welcomed by the auto industry. According to the Society of Indian Automobile Manufacturers (SIAM), a rate reduction would significantly improve consumer sentiment, especially in interest-sensitive sectors like automobiles.

A cut in repo rates is expected to reduce the cost of vehicle loans, making both personal and commercial vehicles more affordable. This would especially benefit segments like two-wheelers and entry-level passenger cars, where financing plays a critical role in driving sales. Improved access to credit could also support recovery in rural markets, where demand remains fragile.

SIAM emphasised that a positive monetary policy environment will support overall industry revival and align with broader economic recovery efforts. The auto sector, having shown signs of recovery post-pandemic, is now looking for sustained momentum backed by supportive financial measures. With the RBI signalling flexibility in upcoming reviews, stakeholders in the auto space remain hopeful that a cut in interest rates may soon translate into higher vehicle registrations and increased production activity across categories.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..