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Volkswagen cuts India EV costs, seeks local partner

Financial Express Hyderabad

November 20, 2025

Tighter carbon emission rules kick in from 2027

- ALISHA SACHDEV

VOLKSWAGEN AG IS slashing costs of developing electric vehicles in India by a third and scouting for a local partner to help boost its tiny market share, according to people familiar with the matter.

The local unit of Europe’s biggest automaker has cut costs to about $700 million from $1 billion for a platform it is developing to build EVs, said people familiar with the matter who spoke on the condition of anonymity.

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Financial Express Hyderabad

Over ₹3.25 lakh cr deposited under Sukanya Samriddhi scheme: Modi

PRIME MINISTER NARENDRA Modion Wednesday said more than 40 million accounts have been opened under the Sukanya Samriddhischeme so far and more than 3.25 lakh crore has been deposited in these accounts.

1 min

November 20, 2025

Financial Express Hyderabad

AI adoption in early stage at 45% Indian firms

EVEN AS Al is the buzzword across boardrooms in India, but true transformation is still taking shape with 45% of Indian firms still at the early stage of adoption, a report said on Wednesday.

1 min

November 20, 2025

Financial Express Hyderabad

SC strikes down key tribunals Act terms

IN A MAJOR jolt to the Centre, the Supreme Court on Wednesday struck down key provisions of the 2021 Tribunals Reforms law related to appointment, tenure,and service conditions of tribunal members and presiding officers, saying \"Parliament cannot simply override judicial decision by reenacting\" these with minor tweaks.

1 min

November 20, 2025

Financial Express Hyderabad