Morning Daily - 2020-12-28

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ETAuto Newsletter | Monday, December 28, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Indian Automotive Industry: Shifting gears from crisis to cautious optimism
• VIDEO: What to expect from the Production Linked Incentive Scheme for Auto Sector?
• How luxe carmakers are gearing up for 2021
• Two-wheeler industry hopeful of growth in Q4 but wary of farmers' stir, Budget: HMSI
• Indian auto industry expected to see stronger growth in 2021-22: NRI
• Renew vehicle papers by December 31 or face penalty
• More E-rickshaws than C-rickshaws
• Mercedes says reduction in cess to go long way in expanding luxury car segment in India
• Will the Brexit deal be positive or negative for India?
• BMW aims for 20% of its vehicles to be electric by 2023: Paper
• India to become 5th largest economy in 2025, 3rd largest by 2030
• Inverted duty structure hampers rubber industry: AIRIA
• About 45,000 entities to come under mandatory 1% cash payment of GST liability ambit
• India's crude steel output grows 3.5% to over 9 mn tonne in November
• Stepping up innovation, Sonalika Tractors to continue with product offensive strategy HBL
• Our product strategy is based on relevance in India: Kia Motors Tae-Jin Park HBL
• Panasonic to build prototypes of new Tesla battery in 2021 Nikkei Asia
• 15 Concerning Charts About The Job Market Forbes
• Top 10 Tech Job Skills Predicted To Grow The Fastest In 2021 Forbes
Policy
• India-Taiwan trade prospects look promising in 2021: TAITRA
• Govt extends validity of DL & vehicle documents till March 2021
• EU, UK unveil vast trade pact; set to enter force on January 1
• Delhi govt's drive against violation of colour-coded stickers continues: Official
• India to bank on innovative ways to garner Rs 1.75 lakh crore investment for renewable sector
• FinMin allows Rajasthan to borrow Rs 2,731 crore more post ease of doing business reform
• Drive against vehicles with bull bar intensified
• Payment of 1% GST in cash only for 45,000 taxpayers: DoR sources
Industry
• Risk investors pour in $9.3 billion in 2020 to back Indian startups despite Covid-19 woes
• Q&A: VW of America CEO on emissions scandal, pandemic sales, future of EVs
• Traders urge Finance Minister, GST council to modify new GST notification
• NGT junks plea seeking to stop construction under Regional Rapid Transit System in NCR
• FPIs invest over Rs 60,000 crore in December so far
• Rupee likely to be less volatile this week; 73.40 extremely crucial support for USDINR
• 2021: Banks brace for pandemic-hit corporates' bad loan woes, muted credit growth
• Budget 2021-22: CII suggests graded road map towards competitive import tariffs
• India's GDP: Quickest to fall, fastest to recover
• China's economy set to overtake U.S. earlier due to Covid fallout
• MSMEs, small dealers not to be affected by mandatory 1% cash GST payment rule
• India-Australia ties become comprehensive strategic partnership in pandemic-riddled 2020 as China looks on
• Arbitration panel cites PM, minister's assertion on retro tax to overturn Cairn tax demand
• French investigators to question Carlos Ghosn in Lebanon
• Divergences in rural, urban inflation do not persist for long: RBI paper
• FII flow, F&O expiry and auto sales data among key factors that will guide market this week
• Ratan Tata on the 4 things India needs to keep in mind as it enters 2021
• Memories: What 2020 meant for business leaders and other prominent personalities
• Rupee to end 2020 on a bullish note
• Brexit deal done, Britain now scrambles to see if it can work
• Highest sowing in last 5 years in Gujarat
• 'Recovery to pre-Covid levels to take 3 years or so'
• Manufacturing firms log 'softer contraction' in sales at 4.3% in Q2 FY21: RBI data
• Opinion: Reimagining the future of transportation with digital technologies
• What manufacturing industry leaders expect from the year 2021
• Lower interest rates make India Inc less default prone
• CAIT urges finance minister to defer rollout of Rule 86B in GST
• Loan restructuring, other measures announced by govt to cushion PSBs from shock: DFS Secy
Passenger Vehicle
• 'You checked Tesla the most': Robinhood recaps from a volatile year
Two Wheelers
• How Hero MotoCorp is not letting the crisis go to waste
• Nexzu Mobility eyeing global market; in talks for e-cycle exports to US, UK
• 'Recovery to pre-Covid levels to take 3 years or so'
Aftermarket
• No more caste stickers on vehicles in UP
• Mahindra Logistics to soon deploy electric vehicles for last-mile delivery
• Delhi: HSRP drive goes on, 205 challaned
Tyres
• Commerce min for extension of anti-dumping duty on carbon black used in rubber industry
Auto Technology
• Tesla adds Boombox feature which lets car owners play multiple sounds instead of honking
Oil & Lubes
• Saudi Arabia makes four oil and gas discoveries: State news agency
• Petrol and diesel prices remain unchanged across metros on Sunday
• Freight boom fires Buffett trains, Maersk ships and oil prices
• No revision in petrol & diesel prices
 
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