Every year, Saddam takes children from his village in Bihar’s Araria district to a madrasa in Maharashtra. In April this year, parents of 100 children from Bagdahara village gave Saddam the responsibility of taking them to the madrasa in Latur district
'She was expected to be 24/7 unpaid labourer': Woman leaves NRI husband over 'endless chores'An X user has sparked a heated debate online by claiming that the “NRI dream” is often a trap, especially for dependent wives. Updated on: May 25, 2026 7:25 AM IST By Sanya Jain Share via Copy link An X
After Pronto row, Snabbit founder says ‘No customer's home ever recorded by us’Snabbit assured customers that they do not record videos inside homes for AI training, amidst scrutiny of competitor Pronto. Updated on: May 25, 2026 6:21 AM IST By Sanya Jain Share via Copy link On the same day that
India, US signal thaw as EAM Jaishankar, Marco Rubio meetThe two leaders held talks at Hyderabad House, a day after Rubio arrived in India for a four-day visit. Updated on: May 25, 2026 7:32 AM IST By Rezaul H Laskar Share via Copy link India and the US on Sunday moved to set aside the rancour and
Olivia Dean has closed out BBC Radio 1's Big Weekend with a joyful set which was, as she put it, "magic". The UK pop girl of the moment captivated the tens of thousands who had gathered at the main stage with her mesmerising vocals, delighting them with soulful renditions of hits including Dive
India, US aim to seal trade deal soon; American delegation to visit DelhiFew signs of forward movement have appeared since PM Modi and US President Donald Trump announced on February 2 that the two sides were close to a trade deal. Updated on: May 25, 2026 7:42 AM IST By Rezaul H Laskar
Love Horoscope Today for May 25, 2026: Someone’s effort may be quiet yet genuineLove Horoscope Today: Find daily astrological predictions for all sun signs. Published on: May 25, 2026 7:44 AM IST By Kishori Sud Share via Copy link Aries Horoscope Today Love energy feels intense and fast-moving
Bharatiya Janata Party candidate Debangshu Panda secured an overwhelming victory in West Bengal’s Falta Assembly repoll on Saturday, according to data from the Election Commission. Panda defeated his Communist Party of India (Marxist) rival Sambhu Nath Kurmi by 1,09,021 votes
Moody’s doubles forecast of light vehicle sales growth in 2026
Moody’s doubles forecast of light vehicle sales growth in 2026
Moody's Ratings has doubled its forecast for India's light vehicle sales growth in 2026 to 5%, citing policy changes, including the recent Goods & Services Tax (GST) reduction.
“In India, we expect light vehicle sales to increase 5% this year and next, up from our previous forecast of 5% growth this year and only 2.5% growth in 2026,” the rating agency said in a report.
“Policy changes, including recent tax reductions and lower vehicle prices, support demand in this price-sensitive market,” it added.
During the last festive season and following the cut in the GST rate, all automobile companies reported robust sales of small cars that now attract a 18% GST. According to them the trend would continue.
Stating that demographic factors such as the country's young population and low car ownership rate remained long-term demand catalysts, the rating agency said electrification, however, remained slow.
“Compared to the government's target of electric vehicles (EVs) comprising 30% of new car sales by 2030, EVs currently account for only about 7% of new vehicle sales,” it said.
“While falling battery costs and a broader selection of electric models will stimulate sales, obstacles such as limited charging infrastructure and reduced government subsidies will weigh on adoption,” it pointed out.
Moody's Ratings has slightly increased global light vehicle sales growth expectation for this year to 2.1%.
The revision, up from 1.3%, is prompted by growth of more than 3% in the first nine months of 2025 that beat prior forecast.
“Still, we are sticking to our expectation of just 1.7% growth for 2026 and expect fourth quarter numbers to be soft, driven by expiring sales incentives in several regions and increasing tariff burdens,” the rating agency said.
“Our forecast remains slightly below our global GDP growth expectation of 2.6% for 2025 and 2.5% for 2026. This accounts for our expectation of increasing supply chain risks, such as for semiconductors and rare earths, which could diminish production and sales. With overall growth remaining muted, and continued pressure on profit margins, our sector outlook remains negative,” it added.
As for China, Moody's said that in the country, the overall auto unit sales rose 12.4% year-on-year, with domestic sales rising by 11.7% and export sales climbing by 15.7%.
Overall, new energy vehicle (NEV) sales — which include BEVs, plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs) — continued to outpace overall auto sales, with volume jumping 32.7% during the same period.
“Still, we expect sales growth to soften for the rest of the year, reflecting a tough comparison with Q4 2024, which was boosted by an auto trade-in subsidy. We forecast domestic sales growth to reach 5% this year and 2% in 2026, while export sales growth will continue to outperform at 8% this year and 4% next year,” the rating agency said.
“These projections reflect our macroeconomic outlook, which forecasts Chinese GDP growth of 5.0% in 2025 and 4.5% in 2026, the possibility of a moderation in government stimulus measures in 2026 and the effects of continued global trade tensions on exports,” it added.
Published - November 19, 2025 10:53 am IST
Electric vehicles / automobile / cars
Source: TheHindu
Related Posts: Moody’s cuts India’s growth forecast to 6% for 2026-’27 citing Iran war impact Why India’s collectors and billionaire builders will be looking at Salone del Mobile 2026 in Milan 1 In 5 iPhones Made Globally In FY25 Came Out Of India Amid Record Sales Moody’s Sees India Growing at 7 Moody’s Lowers India FY26 GDP Projection By 80 Bps On Energy Cost Concerns Moody’s cuts India growth to 6% as West Asia conflict hits oil and LPG imports Former England captain Moody reveals MND diagnosis Moody’s Flags IndiGo’s Planning Failure As ‘Credit Negative’ Tom Moody Joins LSG As Global Director Of Cricket Ahead Of IPL 2026 SEBI appoints Care Ratings to vet performance and risk of market stakeholders
SEVEN-I Holdings, the parent company of 7-Eleven, announced the passing of its former chairman, Toshifumi Suzuki. He was a pivotal figure in the company's growth and passed away at the respectable age of 93. His leadership significantly shaped the global convenience store giant we know today
1 hours ago
Apple is all set to unveil its latest versions of iOS and other related operating systems at the company's WWDC 2026 conference next month. Ahead of the event, a new report by Bloomberg's Marg Gurman has revealed a host of new features that iOS 27 could get including a big boost to Genmoji
59 minutes ago
Oil prices have fallen sharply and Asian stock markets have risen on hopes of a deal that could bring an end to the US-Israel war with Iran. On Saturday, US President Donald Trump said an agreement with Tehran had been "largely negotiated" and details would be announced soon but the following day
1 hours ago
In a major relief for Class 12 students, the Central Board of Secondary Education (CBSE) has once again extended the deadline for students to apply for scanned photocopies of their evaluated answer books from May 24 to May 25 midnight, 2026. The circular issued by CBSE Controller of Examinations
1 hours ago
Lionel Messi left Inter Miami's match early, sparking worries about his fitness for the World Cup. He reached for his hamstring before exiting. Argentina's World Cup campaign begins June 16. Messi has a history of strong World Cup performances
1 hours ago
U.S. President Donald Trump said on Saturday (May 23, 2026) a deal with Iran had been “largely negotiated,” with the proposal including opening the crucial Strait of Hormuz, though the agreement was “subject to finalisation.” “An Agreement has been largely negotiated
1 days ago
A person who approached a White House security checkpoint and began firing at officers has died, according to federal officials. The U.S. Secret Service said in a statement late on Saturday (May 23, 2026) that, according to a preliminary investigation
1 days ago
After spending 35 years at , consumer chief marketing officer is preparing to leave the company following the end of its next fiscal year, according to an internal memo as reported by Business Insider.Mehdi told employees he would remain at Microsoft until June 2027 to support the company
1 days ago
Max Verstappen has threatened to quit Formula 1 at the end of this season if planned changes to the engine regulations for next year are blocked. Governing body the FIA said two weeks ago that an agreement had been reached in principle to changes that would reduce the need for energy management
1 days ago
Did Nasire Best threaten to kill Trump in the past? Laura Loomer shares suspect's post on Butler assassination attemptNasire Best, a 21-year-old man, was shot and killed by agents outside the White House on Saturday, May 23. Published on: May 24
1 days ago
As sections of the media have reported, a new “jihad” has been unearthed. Earlier this week, the Uttar Pradesh Police invoked the Gangsters Act and the Anti-Social Activities Prevention Act against 10 gym owners in Mirzapur, accusing them of waging “gym jihad”
1 days ago
I am 23 and have a B.Sc. Physics and a Master’s in Environmental Science. I am preparing for state government exams. I am worried about getting stuck. What if I end up doing nothing? Udhaya Your Master’s puts you in a fast-growing domain: Sustainability and Environmental, Social
1 days ago
Today, it is essential to connect education with practical skills and real-world opportunities. This needs to begin in schools and introducing skill-based education from Class 6 onwards can play a transformative in preparing students for the future. Learning must extend beyond the blackboard
1 days ago
Mumbai’s top developers, Adani Realty, Lodha Developers, and JSW Realty & Infra, are competing for the city’s cluster redevelopment projects floated by MHADA Three of Mumbai’s leading real estate developers, Adani Realty, Lodha Developers, and JSW Realty and Infrastructure
1 days ago
With temperatures nearing 45°C, your brain is at risk. Dr Kumar emphasises the importance of recognising early signs of heat-related issues. The India Meteorological Department (IMD) has sounded a high alert as a relentless heatwave tightens its grip on northwest and central India
1 days ago
Pakistani woman says corporate culture makes employees feel guilty for taking leave: ‘Rest needs justification’A Pakistani woman said corporate jobs made employees feel guilty for taking paid leaves they were allowed to use. Published on: May 24
1 days ago
This crunchy veggie rice paper pancake is the perfect quick-fix snack for sudden hunger cravings at home: Full recipeFrom crispy edges to flavour-packed bites, try this veggie rice paper pancake recipe for an ultimate comfort snack for lazy evenings. Updated on: May 24
1 days ago
Election Commission of India Falta Election Result 2026: Vote counting for the Falta Assembly seat in West Bengal is currently underway, with BJP candidate Debangshu Panda taking an early lead. The constituency recently witnessed a full repoll after the Election Commission of India ordered fresh
1 days ago
The next in the monthly series by WWF-India that highlights niche and unconventional green careers through the stories of well-known personalities from the field of environment and conservation Most people have one career but I’ve had about five. Journalist, investment banker
1 days ago
Amazon techie earning ₹11 lakh/month has 1 house in US, 4 properties in India, Range Rover — but no emergency fundAn Amazon employee earning close to $300,000 feels financially insecure despite significant savings and investments. Published on: May 24
1 days ago
The Supreme Court on Saturday registered a suo motu case in connection with the death of a woman in Madhya Pradesh, whose family has alleged that her in-laws harassed her for dowry, reported The Hindu. Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul Pancholi will hear the case on
1 days ago
Rare lung transplant at Apollo saves a life; spotlight on India's organ donor shortageRare lung transplant at Apollo saves a life; spotlight on India's organ donor shortage Published on: May 24, 2026 10:33 AM IST PTI Share via Copy link New Delhi, A year ago, every breath felt borrowed
1 days ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.These countertop organisers, crockery pick and jars can give your kitchen a Pinteresty spin by keeping the clutter awayTurn your kitchen into a photo-ready space with stylish organisers
1 days ago
The National Threat Analytics Unit of the Indian Cybercrime Coordination Centre (I4C) has warned of a sophisticated phishing campaign impersonating Apple tech support to target whose devices have been lost or stolen, officials said on Saturday.The I4C, which functions under the Union Home Ministry
1 days ago
White House shooting suspect claimed to be ‘real’ Osama bin Laden, threatened Trump online: ReportOsama bin Laden was the founder and leader of the terror group Al-Qaeda, which was reportedly responsible the 9/11 attacks. Updated on: May 24, 2026 11:02 AM IST By Anita Goswami Share via Copy
1 days ago
May 24, Birthday Horoscope: Here's what the tarot cards have in store for youIf your birthday falls on May 24, here’s what your year ahead looks like, as per Tarot. Published on: May 24, 2026 11:00 AM IST By Kishori Sud Share via Copy link If you were born on May 24
1 days ago
BJP candidate Debangshu Panda is leading significantly in the Falta assembly constituency repoll. After five rounds of counting, Panda has secured a lead of over 14,000 votes against his CPI(M) rival. The repoll followed allegations of EVM tampering and irregularities during the initial polling
1 days ago
