Banks and NBFCs have decades of resale and depreciation data for internal combustion engine vehicles, allowing them to estimate collateral value relatively confidently
A credible assessment must go beyond a physical inspection
India’s pre-owned EV market is emerging just as the country’s electric vehicle base begins to mature
The investment was cleared by BHEL's board and will be made in one or more tranches as the company's equity contribution to NBPPL
India and China are the world's two largest crude oil importers, making developments in global oil supplies and prices particularly significant for both economies
The attacks followed recent Houthi advances along Yemen’s western coastline, including the capture of Perim Island at the entrance to the Red Sea
US crude rose 1.27 per cent to $102.68 a barrel, while Brent crude gained 1.21 per cent to $106.96 amid renewed concerns over oil supplies from the Middle East