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Govt to Launch ₹3,000 FASTag Annual Pass from August 15

The Indian govement is poised to bring major changes to road travel again. Starting August 15, 2025, private vehicle owners will be able to get a new annual pass for existing FASTag system — for just ₹3,000. Unveiled by Union Minister for Road Transport and Highways, Nitin Gadkari, the propo...

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Rare Earth Magnet Shortfall Puts Brakes on Auto Sector

 

The Indian automotive industry is facing a stormy sea in the midst of a rare earth magnet shortage, threatening to impede its high growth trajectory—particularly in the electric vehicle (EV) and hybrid segments. A recent report by CRISIL Ratings highlighted the extent of the supply dis...