New Delhi, March 19 (IANS) Automobile manufacturer BMW Group India announced on Thursday that it will implement a price hike of up to 2 per cent across its BMW and MINI ranges effective April 1, 2026.The company attributed the price hike as an offset measure to rising logistics and material costs and a depreciating rupee, according to the statement.”This recalibration ensures we continue to deliver the uncompromising performance, cutting-edge innovation, and world-class service that our customer…
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Seoul, Feb 4 (IANS) Hyundai Motor and Kia reported record vehicle sales for January in the United States, driven by strong demand for sport utility vehicles (SUVs) and hybrid models, the automakers said on Wednesday.The two automakers sold a combined 125,296 vehicles in the U.S. last month, up 7.7 percent from a year earlier, according to the companies, reports Yonhap news agency.Hyundai Motor, including its luxury brand Genesis, sold 60,794 units, up 2.4 percent on-year, while Kia’s sales jumpe…
New Delhi, Feb 2 (IANS) A Delhi court on Monday directed that a copy of the chargesheet be supplied to the accused, Gaganpreet Kaur, in the high-profile Dhaula Kuan BMW road accident case, which claimed the life of a senior Finance Ministry officer. Judicial Magistrate First Class Ankit Garg passed the order after Gaganpreet Kaur appeared before the Patiala House Court pursuant to a summons issued earlier. The matter has been listed for scrutiny of documents on February 20. The court had, on Jan…
Seoul, Feb 2 (IANS) South Korea’s former first lady Kim Keon Hee on Monday appealed against a court ruling sentencing her to 20 months in prison for accepting luxury gifts from the Unification Church. Last Wednesday, the Seoul Central District Court handed down the sentence, making Kim and her husband, ousted former President Yoon Suk Yeol, the country’s first former presidential couple to be imprisoned with criminal convictions.The court found Kim guilty of accepting a Chanel bag and a Graff di…
Seoul, Jan 28 (IANS) A South Korean court on Wednesday sentenced former First Lady Kim Keon Hee to one year and eight months in prison after finding her guilty of accepting luxury gifts from the Unification Church that had sought business favours. Special counsel Min Joong-ki’s team had sought a 15-year prison term for Kim, the wife of ousted President Yoon Suk Yeol, who stands trial on an insurrection charge related to his martial law bid in 2024.But the Seoul Central District Court handed down…
Seoul, Jan 28 (IANS) A South Korean court is set to deliver its verdict on Wednesday on the corruption and bribery case of former first lady Kim Keon Hee, the wife of ousted former President Yoon Suk Yeol, marking the first ruling of three criminal trials she faces.The Seoul Central District Court is scheduled to hold the sentencing hearing at 2:10 p.m., which will be televised live.If found guilty, Kim and her husband would become the first former presidential couple to both be convicted. Yoon …
Seoul, Jan 27 (IANS) A South Korean court on Tuesday allowed live broadcasts of this week’s ruling on the corruption and bribery case of former first lady Kim Keon Hee. The Seoul Central District Court said it accepted broadcasters’ request to air the verdict, which will be delivered at a hearing scheduled for 2:10 p.m. Wednesday, Yonhap News Agency reported.The court typically allows live broadcasts in consideration of the public interest.Special counsel Min Joong-ki’s team has requested a 15-y…
New Delhi, Jan 26 (IANS) Negotiations for the long-awaited India-European Union Free Trade Agreement (FTA) have been successfully concluded, and the deal will be officially announced on Tuesday, Commerce Secretary Rajesh Agrawal said on Monday. Describing the agreement as balanced and forward-looking, Agrawal noted that it would strengthen economic integration between India and the EU and significantly boost trade and investment flows.The FTA is expected to come into force sometime next year aft…
New Delhi, Jan 26 (IANS) India is preparing to sharply cut import duties on cars from the European Union as part of a long-pending free trade agreement, which could be announced as early as Tuesday, according to reports.Under the proposed deal, India plans to bring down peak import tariffs on EU-made cars to 40 per cent from the current levels of up to 110 per cent.This would be the biggest opening so far of India’s tightly protected automobile market.Initially, the lower duty will apply to a …