Tesla Model Y colours aren't free. Here's what they cost
The Tesla Model Y in Ultra Red will be one of the most expensive colour options available.
Pearl White Multi-Coat – Rs 95,000Diamond Black – Rs 95,000Glacier Blue – Rs 1,25,000Quicksilver – Rs 1,85,000Ultra Red – Rs 1,85,000So, if you're eyeing a Model Y in a more striking shade, be prepared to pay a bit extra.Subscribe to Auto Today Magazine- EndsTrending Reel
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Business Standard
18 minutes ago
- Business Standard
Tyre industry to grow 7-8% in FY26, driven by replacement demand: Crisil
India's Rs 1 trillion tyre industry is expected to post a steady revenue growth of 7–8 per cent in FY26, driven largely by robust replacement demand, which accounts for nearly 50 per cent of the sector's annual sales, according to Crisil Ratings. Rising premiumisation trends are also expected to aid realisations marginally, even as original equipment manufacturer (OEM) offtake remains subdued and global trade headwinds cloud the outlook. Crisil forecasts volume growth at 5–6 per cent, similar to the last fiscal. The replacement segment is expected to grow 6–7 per cent on the back of a large vehicle base, rural recovery, and strong freight movement. OEM volumes, which contribute roughly 25 per cent, are projected to rise 3–4 per cent, buoyed by steady sales in two-wheelers and tractors, with modest gains from passenger and commercial vehicles. Exports, also contributing 25 per cent of volumes, are likely to grow 4–5 per cent, supported by demand from Europe, Africa, and Latin America. Tyre maker Ceat sees signs of optimism. 'We expect raw material prices to decline by 1–2 per cent in Q2 over Q1, largely due to softening crude oil and international rubber prices,' said Kumar Subbiah, CFO and Executive Director of Ceat. 'If demand stays stable, this could positively impact our margins. The trend looks encouraging, and we are hopeful of margin recovery.' Crisil also pointed out that operating profitability is expected to remain stable at 13–13.5 per cent, supported by steady input costs and high capacity utilisation. Input cost pressure has been easing, offering some relief to manufacturers. Natural rubber prices had surged 8–10 per cent in FY25, alongside increases in crude-linked inputs like synthetic rubber and carbon black, eroding margins by nearly 300 basis points. However, the industry faces external risks. The US, which made up 17 per cent of India's tyre export volume last fiscal (and 4–5 per cent of total industry volume), has imposed reciprocal tariffs on Indian goods, potentially hurting competitiveness. Moreover, steep US tariffs on Chinese goods could push Chinese producers to dump excess inventory in price-sensitive markets like India. Although India has a 17.57 per cent anti-dumping duty on large truck and bus radials from China, other segments remain vulnerable. 'Price competition could intensify if low-cost Chinese tyres flood the Indian market,' warned Poonam Upadhyay, Director at Crisil Ratings. 'This is particularly worrying for the already competitive replacement segment.' Despite ongoing cost pressures, the sector's financial resilience remains strong, aided by conservative balance sheets and prudent capital spending. Capex is expected to remain steady at around Rs 6,000 crore, focused on high-utilisation segments such as passenger car radials and two-wheeler tyres, automation, and backward integration. The top six tyre makers, who account for 85 per cent of industry revenue, are expected to maintain a healthy financial profile, with interest coverage improving to 8.0 times and debt-to-Ebitda ratio easing to 1.0 from 1.3 last year.
India.com
18 minutes ago
- India.com
US will not be able to betray India anymore, masterstroke by Modi govt, India to work with this country to make next generation fighter jets, not US, Russia, UK, it is….
New Delhi: The Ministry of Defense has recommended working with France in India to make the engines of the next generation fighter aircraft as part of a very big project that will bring modern technology to India and the country will become self-reliant. A committee of technical experts also considered all aspects of making the engine of the fighter aircraft. After this it was decided that working together with France would be more beneficial for India. In this project worth Rs 61,000 crore, India and France will together make a 120 kilonewton (kN) fighter jet engine. Which companies were considered? According to the plan, these fighter jet engines will be used in future fighter aircraft, including Advanced Medium Combat Aircraft (AMCA). The Defense Ministry had sought proposals from French company Safran and Britain's Rolls Royce. Experts closely considered the technical aspects and cost of these proposals. France has said that it will provide the entire technology. Safran has also said that it can make engines for the AMCA by keeping pace with the times. What is the number of engines required? The current situation is that the first batch of AMCA may have to be fitted with GE 414 engines made in the USA. But, along with this, efforts to make engines in India will continue. There are very few countries in the world that have mastered this technology. It is estimated that India will need more than 250 next generation engines in the next 10 years. Which country is supplying fighter jet engines to India? Right now, all fighter aircraft in India have foreign engines. Because of this, a large part of the cost of the aircraft is spent on the engine and its maintenance. India had earlier tried to make its own engine named 'Kaveri' but it was not successful because the engine did not have sufficient power. Now a new version of the Kaveri engine is being made, which will be used in pilotless aircraft. India is also talking to America to get the technology of GE 414 INS6 engine. This engine will be used in light fighter aircraft Mk2. The talks are not yet complete. India wants to get more than 80% of the technology, which includes technology for coating the hot part of the engine, crystal blades and laser drilling technology.
Deccan Herald
18 minutes ago
- Deccan Herald
Indian Overseas Bank Q1 net profit surges 76% to Rs 1,111 crore
The total income rose to Rs 8,866 crore during the June quarter of 2025-26, from Rs 7,568 crore in the same quarter of FY25, IOB said in a regulatory filing.
