return to news
  1. India's EV dream hits Chinese roadblock

Business News

India's EV dream hits Chinese roadblock

Gauri Singh

8m 29s | Updated on June 02, 2025, 13:04 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Is India’s EV dream facing a China-sized roadblock? Bajaj Auto warns of a production halt due to rare earth restrictions! Meanwhile, Reliance Retail is back in expansion mode but with a twist. And PSU banks are beating private giants at their own game.

Stock list

Bajaj EV FUTURE IN DANGER (1) (1).jpg

In this video, we break down three big stories shaping the Indian market:

*Bajaj Auto & EV Industry Disruption: China has imposed export restrictions on rare earth magnets, threatening production across India’s EV sector, including Bajaj, Ola, and Ather.

*Retail Expansion with a Strategy Shift: Post-pandemic, top retailers like Reliance, Arvind Fashions, and Aditya Birla are focusing on profitability over aggressive store openings closing underperformers and prioritising prime locations.

*PSU Banks’ Surprise Comeback: Public sector banks have outperformed private ones in profit growth, thanks to cleaner loan books, digital transformation, and better lending practices marking a strong backbone for India’s economic ambitions.

Upstox

About The Author

Gauri Singh
Gauri Singh is an anchor and journalist with over a decade of experience, currently covering business, finance and general news. Beyond her professional pursuits as a storyteller, she is a cricket fan, loves travelling and is a dedicated yoga practitioner.