Mahindra, a leading SUV manufacturer, revealed on Wednesday that it achieved sales of 30,000 electric SUVs within seven months, one every 10 minutes, bolstering its goal to lead India’s EV landscape. The XEV 9e and BE 6, introduced last November, drove this milestone, highlighted during a two-day celebration of the XEV 9S launch anniversary. Notably, 65% of these Electric Origin SUVs operate daily on workdays, positioning Mahindra as a key domestic player with international ambitions in the expanding EV arena.
RBI likely sold $12 billion in gold reserves amid rupee pressure
India’s central bank, the Reserve Bank of India (RBI), is estimated to have sold nearly $12 billion worth of gold reserves within a two-week period ending May 22. The assessment, based on...
