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Tata ‘ULTRA’ range trucks launched in Bangladesh

Tata Motors, the largest automobile manufacturer in India, on Wednesday launched its next-generation range of ‘Ultra’ commercial vehicles in Bangladesh. The ‘Ultra’ range of trucks ranges from 7 to 16 tonnes in payload capacity and engine size from 120 hp to 170 hp. In Bangladesh, Tata Motors has launched the ULTRA 812 and ULTRA 912 in tata motorsthe Cargo segment. The driveline of the ULTRA 812 & 912 launched today, has the TATA 497 TCIC engine, with an output of 125 HP, a new-generation transmission with aluminum casing - the G-550 overdri...

Onion prices shoot up in Pakistan

Pakistan is poised to fetch higher export orders for onion this year after India, its competitor, and Bangladesh returned to the international markets to overcome local shortage in supplies, traders have said. “Pakistan has registered an increase in demand from the overseas markets in the last couple of weeks…India has recently started importing onion from Pakistan via the Wagah border,” said Haji Shahjahan, an exporter. onion“Total export of the country would remain steady at 450,000 to 500,000 ton this year, which is similar to the previous year,” he e...

Tata Motors unveils Prima range in Bangladesh

Auto major Tata Motors today said it has launched its Prima range of heavy commercial vehicles (CVs) in Bangladesh. The company, in partnership with Bangladesh-based Nitol Motors, has rolled out models under the Prima brand catering to tipper and cargo segments. tata prima“The launch of the PRIMA range in Bangladesh is an important milestone in Tata Motors’ continued expansion in the Bangladesh market and the SAARC region,” Tata Motors Executive Director, Commercial Vehicles Business Unit, Ravi Pisharody said in a statement. As a ma...

Dollar slips after weak US data

The dollar fell Thursday after poor US data hurt investor confidence in the world’s top economy and threw into question the timeline for a long-awaited Federal Reserve interest rate hike. In Tokyo, the greenback changed hands at 119.30 yen, down from 119.43 yen in New York and 119.62 yen in Asia earlier Wednesday. dollarThe euro rose to $1.0975 from $1.0973 after an upbeat German business confidence report but it eased to 130.96 yen from 131.05 yen. On Wednesday, the US Commerce Department reported an unexpected drop in orders for durable goods, such ...

Indian cotton exports to decline 45pc this year

India’s cotton exports are likely to decline by 45% this year (October – September) on falling demand from its perennial importers i.e. China and Bangladesh. Trade sources estimate cotton exports between 6.5-7 million bales (1 bale = 170 kgs) this year as against 11.8 million bales shipment estimated by the Cotton Advisory Board (CAB) during last year. cottonWith lower exports estimates, India will remain surplus with cotton leading to steep fall in prices this year. Parth Mehta, Joint Managing Director of Bhadresh Traiding Corporation, Indi...

Electric revolution in transport sector

Green and yellow auto rickshaws chug through the crowded streets of New Delhi. Tuk tuks sputter on the roads in Thailand to tourists’ delight. Millions in South and Southeast Asia rely on these three wheelers—known variously as rickshaws, tuk tuks or tricycles—as an affordable mode of transportation. ebikeBut while beloved by many, the vehicles are also blamed for bottleneck congestion and pollution, spewing carbon monoxide, carbon dioxide and particle matters that become trapped inside the lungs. “In many places both inside China and in other Asian cou...
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