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Govt policy shift a glimmer of hope for truck owners

Business Standard

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May 27, 2025

He pointed to a robust rebound in the bus segment, where sales rose from 53,000 to 64,000 units in just a year, and projected a similar mid-single-digit growth trajectory for MHCVs.

Tata Motors echoes this sentiment. "We expect single-digit growth across segments, with HCVs and buses slightly outperforming ILMCV and SCV pickups," said Girish Wagh, executive director and head of commercial vehicles, during the company's Q4 earnings call. Despite the cautious optimism, truck owners remain wary.

The transition from BS IV to BS VI norms has substantially raised costs — monthly truck EMIs have surged by 50 per cent, alongside additional operational and maintenance expenses.

MEER VERHALEN VAN Business Standard

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Energy cost spike pushes wholesale inflation to 8.3%, a 42-month high

Led by a steep rise in energy prices amid the ongoing West Asia crisis, India’s wholesale price index (WPI)-based inflation rate more than doubled to a 42-month high of 8.3 per cent in April from 3.88 per cent in March, according to data released by the Ministry of Commerce and Industry on Thursday.

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Mittal charts Airtel succession with 51% promoter stake goal

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Brokers seek clarity from Sebi on withholding payouts

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State ministers downsize convoys to champion austerity measures

This comes days after PM Modi called for reducing fuel consumption

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No shortage, yet long queues at fuel pumps

Odisha, Jharkhand see restrictions on fuel sale

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Energy cost spike pushes wholesale inflation to 8.3%

“The crisis has impacted not only energy prices but also chemicals and metals. Moreover, there has been a surge in global freight costs, which will affect all imported items,” said Gaura Sen Gupta, chief economist at IDFC First Bank.

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Austerity and symbolism

In moments of crises, intent isn’t enough. Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows

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‘IFAD eyes 3-4 investments in India over next year’

International Fund for Agricultural Development (Ifad) is the only United Nations agency exclusively dedicated to transforming agriculture, rural economies and food systems globally.

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FinMin confident of coping with West Asia crisis with adequate fiscal room

Even as the West Asia conflict continues to linger into its third month, government officials are confident of coping with its fallout with fiscal discipline, adequate fiscal headroom and timely intervention.

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Satheesan wins the race for Kerala CM

Vadassery Damodaran Satheesan, or VD Satheesan, who will be the next Kerala chief minister, was not a natural choice for the job in the way K Karunakaran, A K Antony or Oommen Chandy was.

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