The ministry of heavy industries is considering a proposal to make it mandatory for cars manufactured in India to have RFID-enabled tags.

Pune, Sep 26 (IANS) Zaheer Vakil, 73, bought his first car out of his pocket money when he was in school, a 1928 Fiat. It took him two years to restore it. On his 18th birthday, when he got his licence, he drove it to college.

It was only after the launch of second generation of Maruti 800 that the seat belt made an appearance.

MUMBAI (Reuters) - The salaries of foreign exchange traders in India are expected to jump by up to 30 percent this year as the rising rupee stokes demand for hedging services and trading volumes swell.

SLATINA, Romania, July 19 - Italy's Pirelli Tyre may look at expanding to India and Russia to take advantage of their growing markets as it has done in Romania for burgeoning eastern Europe, the chairman of the parent company said on Thursday.

Jose Genao sells used cars for a living, but lately he's had to turn away customers from his Smyrna dealership. Genao used to sell about 15 vehicles a week, mostly Ford F-150 or Silverado pickups to a Mexican clientele. Now he sells only two or three. Half a dozen customers have returned cars because they can't register them.

Agartala, June 20 (IANS) Tripura is all set to become the first state in eastern India to use compressed natural gas (CNG) as an alternative fuel for running vehicles.

General Motors India is actively considering entering the pre-owned car business segment in the country.

As the Western media falls over itself to tell the miraculous story of the Indian economy ? the phenomenal software companies of Bangalore, the film and media businesses of Mumbai, the clamour for cars and foreign travel among the country's growing middle-classes ? at least one significant voice is calling for calm.