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The sedan that defies SUV wave tops India's best-selling cars in July 2025

The sedan that defies SUV wave tops India's best-selling cars in July 2025

India Today21 hours ago
In an automotive landscape increasingly led by SUVs, the Maruti Suzuki Dzire has proven its resilience by maintaining a strong foothold in the Indian market. According to industry sources, the Dzire topped the sales chart in July 2025, clocking 20,895 units, a sharp rise from 15,484 units in June 2025.advertisementAffordable and reliable
The Dzire's success lies in its ability to strike a balance between affordability, fuel efficiency, and dependability,qualities highly valued in India's cost-conscious market. With a starting price of Rs 6.84 lakh (ex-showroom), it remains an accessible choice for a broad customer base. Its claimed mileage figures: 24.79 km/l for the petrol manual, 25.71 km/l for the petrol AMT, and an outstanding 33.73 km/kg for the CNG variant—make it an economical option for daily commuters and family buyers alike. The CNG trims, priced at Rs 8.79 lakh (VXi) and Rs 9.89 lakh (ZXi), enhance the appeal for budget-driven users. Measuring 3,995mm in length, the Dzire also benefits from sub-4m tax concessions, keeping it competitively priced despite the segment's challenges.Even with the SUV wave, Dzire's practical value proposition and consistent updates have helped it remain a strong performer, evident from its rising monthly sales.Features
The latest Dzire comes with a modern design and feature-rich cabin. It sports a new front grille, sleek LED headlights, and a refreshed fascia for a contemporary look. Inside, it features a 9-inch touchscreen infotainment system with wireless Android Auto and Apple CarPlay, a 360-degree camera, and a sunroof.
It runs on a newly introduced Z-Series 1.2-litre 3-cylinder engine, producing 82bhp and 112Nm of torque, paired with either a 5-speed manual or AMT gearbox. Safety is another key highlight, with six airbags, ABS with EBD, ESC, and a 5-star Global NCAP safety rating as standard.The commercial aspect
Maruti has also broadened the Dzire's appeal with the Tour S, a commercial variant launched in March 2025. Based on the LXi trim, the Tour S starts at Rs 6.79 lakh (petrol) and goes up to Rs 7.74 lakh (CNG). With essential design elements retained and practical tweaks like steel wheels and black door handles, it's tailor-made for fleet operators. The high CNG mileage further enhances its commercial viability, especially for cab services. Additionally, Maruti's extensive Arena dealership network ensures wide reach and convenience for both individual and fleet customers.Strong resale valueadvertisementAnother pillar of the Dzire's enduring popularity is its strong resale value. Known for low maintenance and backed by Maruti's expansive service network, it remains a trusted option in the pre-owned car market.With 20,895 units sold in July 2025, the Dzire cemented its position as not just the top-selling sedan, but also the best-selling car across segments in a market increasingly skewed toward SUVs. Its continued dominance stems from a combination of modern features, fuel efficiency, safety, commercial versatility, and resale assurance.When compared to rivals like the Honda Amaze, Hyundai Aura, and Tata Tigor, the Dzire pulls ahead with Maruti's brand trust, wider service footprint, and strategic offerings. Unlike the Amaze, the Dzire comes with factory-fitted CNG, making it more attractive to commercial buyers. Its 5-star safety rating edges out the Aura, and its superior fuel efficiency (especially in CNG mode) beats most segment peers. These combined advantages make the Dzire a dominant force in the sedan space, even in an SUV-driven market.Subscribe to Auto Today Magazine- Ends
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IEX shares in focus after recording all-time high monthly electricity trade volume in July
IEX shares in focus after recording all-time high monthly electricity trade volume in July

Economic Times

time23 minutes ago

  • Economic Times

IEX shares in focus after recording all-time high monthly electricity trade volume in July

Shares of Indian Energy Exchange (IEX) are expected to remain in focus on Tuesday after the company reported its highest-ever monthly electricity trade volume in July 2025. ADVERTISEMENT The exchange recorded a total volume of 12,664 million units (MU), reflecting a 25.5% year-on-year (YoY) increase, including volumes from the Term Ahead Renewable Segment (TRAS). This marked the highest ever monthly trade volume in the exchange's history. A total of 16.26 lakh Renewable Energy Certificates (RECs) were also traded during the month, further contributing to the overall activity on the platform. According to the data released by IEX, the Real-Time Market (RTM) segment recorded the most significant growth. RTM traded 5,109 MU in July, a sharp 53% rise from 3,334 MU in July 2024. This included the highest ever single-day trade volume of 204.6 MU, recorded on July 27, 2025. The Day-Ahead Market (DAM) also registered strong performance, trading 5,510 MU in July 2025, compared to 5,056 MU in the same period last year, representing a 9% YoY growth. The Term-Ahead Market (TAM), which includes daily, weekly, and monthly contracts of up to three months, saw a 28% YoY rise, with volumes reaching 917 MU in July compared to 714 MU in July 2024. ADVERTISEMENT Meanwhile, India's total energy consumption stood at 153.6 billion units (BUs) during July 2025, marking a 2.6% increase from the previous year, as per government the increase in demand, average market-clearing prices declined across segments. In the Day-Ahead Market, the average price stood at Rs 4.18 per unit, down 16% YoY. ADVERTISEMENT In the Real-Time Market, the average price was Rs 3.83 per unit, registering a 23% YoY drop. IEX noted that these prices offered competitive options for distribution companies (Discoms) and commercial and industrial (C&I) consumers to manage their power the Green Market, which includes the Green Day-Ahead Market (G-DAM) and the Green Term-Ahead Market, IEX traded 1,025 MU in July 2025, compared to 990 MU in July 2024, an increase of 4% YoY. The weighted average price in the Green Day-Ahead Market stood at Rs 3.91 per unit for July 2025. ADVERTISEMENT However, the Renewable Energy Certificate (REC) Market witnessed a decline in volumes. A total of 16.26 lakh RECs were traded in two sessions held on July 9 and July 30, at a clearing price of Rs 360 per certificate. This represented a 48% decline in REC volumes on a YoY shares of IEX closed 1.4% higher at Rs 134 on the BSE on Monday. ADVERTISEMENT Also read: Tata Investment announces first-ever stock split in 1:10 ratio; check details on record date (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

Why insurance regulator fined Policybazaar Rs 5 crore? All you need to know
Why insurance regulator fined Policybazaar Rs 5 crore? All you need to know

India Today

time23 minutes ago

  • India Today

Why insurance regulator fined Policybazaar Rs 5 crore? All you need to know

The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a Rs 5 crore penalty on Policybazaar Insurance Brokers Pvt Ltd for violating multiple provisions under the Insurance Act, 1938, and the IRDAI (Insurance Web Aggregators) Regulations, 2017. The regulator has also issued a direction, advisory, and caution to the to IRDAI's official order dated August 4, 2025, the violations span 11 separate charges, ranging from governance lapses to improper product promotion practices. The infractions occurred during the period when Policybazaar operated as an Insurance Web Aggregator (IWA), before it obtained a composite broker licence in February the key breaches cited was the display of product rankings on the Policybazaar platform without disclosing adequate material to enable prospective buyers to make informed choices. The IRDAI noted that various insurance products were promoted as 'top' or 'best' in a manner that appeared biased and lacked its inspection from June 1 to 5, 2020, the IRDAI observed that the top five ULIP products promoted on the website included Bajaj Allianz Goal Assure, Edelweiss Tokyo Wealth Gain+, HDFC Click2Wealth, SBI Life e-Wealth Insurance, and ICICI Signature. The regulator flagged the absence of transparent criteria or disclaimers behind the display of such order also points to governance violations, such as key managerial personnel (KMPs) holding directorships in other companies without prior IRDAI approval. Additionally, Policybazaar was penalised Rs 1 crore for delays in remitting insurance premiums to the respective inspection found that Policybazaar routed premium payments through its own nodal account and proprietary payment gateway, taking a minimum of three working days to remit funds. This practice contravenes Section 64VB of the Insurance Act, which mandates that intermediaries transfer premiums to insurers within 24 hours of a stock exchange filing, PB Fintech Ltd, the parent company of Policybazaar, confirmed the regulatory action and said the matter would be placed before the board of directors at its upcoming meeting. 'The Authority has levied a penalty of Rs 5 crore, vide its Order dated August 4, 2025, on Policybazaar, a wholly owned subsidiary of PB Fintech Limited,' the company said, adding that an action taken report would be submitted to the of PB Fintech were down 1.8% to Rs 1,750.10 on the Bombay Stock Exchange at around 9:40 am. - Ends

Trump pledges to raise tariffs on India over Russian oil. Why this may not deter New Delhi
Trump pledges to raise tariffs on India over Russian oil. Why this may not deter New Delhi

First Post

time23 minutes ago

  • First Post

Trump pledges to raise tariffs on India over Russian oil. Why this may not deter New Delhi

Donald Trump has doubled down on India purchasing oil from Russia. The US president has threatened to raise tariffs 'substantially' on goods over its continued purchase of crude. But New Delhi, it seems, will continue to source oil from Moscow read more A Russian crude oil tanker transits the Bosphorus in Istanbul. Trump has threatened to raise tariffs on India over its purchase of Russian oil. File image/Reuters To buy or not to buy… That's the question India is having to ask after US President Donald Trump has stepped up his attacks against the country for its purchase of oil from the Vladimir Putin-led nation. On Monday, the US leader threatened to 'substantially' raise tariffs on goods from India over its purchase of Russian oil. This came after Trump has already announced a 25 per cent tariff on New Delhi along with a 'penalty' for buying Russian crude. STORY CONTINUES BELOW THIS AD Since last week, Trump has taken aim at India along with his officials, including Secretary of State Marco Rubio and White House Deputy Chief of Staff Stephen Miller, questioning India's purchase of Russian oil. However, the question is — will Prime Minister Modi acquiesce to Trump's demands and stop buying Russian oil? The answer: it seems quite unlikely, and here's why. Trump's threats to India on Russian oil The current tension between India and the US stems from when Donald Trump first announced that he would slap tariffs of up to 100 per cent on countries that buy Russian oil unless Moscow reaches a peace deal with Ukraine by August 7-9. Then last week, Trump announced 25 per cent tariffs on Indian goods, citing New Delhi's levies on US products and purchases of Russian oil and military equipment. While India was 'our friend', it had always bought most of its military equipment from Russia and was 'Russia's largest buyer of energy, along with China, at a time when everyone wants Russia to stop the killing in Ukraine — all things not good'! Trump posted on his Truth Social platform on July 30. This was followed up by US Secretary of State Marco Rubio stating that the purchase of Russian crude was a 'point of irritation' in US-Indo ties, telling Fox News that while India was an 'ally' and 'strategic partner', Delhi's purchase of Russian oil was hampering its relationship with Washington. US President Donald Trump and some of his officials from the administration have been pressuring India to forego its oil trade with Russia in the past one week. File image/Reuters Then on Sunday (August 3), Trump's top aide accused India of financing Russia's war in Ukraine by buying oil from Moscow. 'What he (Trump) said very clearly is that it is not acceptable for India to continue financing this war by purchasing the oil from Russia,' said Stephen Miller, deputy chief of staff at the White House and one of Trump's most influential aides, in an interview with Fox News, adding, 'People will be shocked to learn that India is basically tied with China in purchasing Russian oil. That's an astonishing fact.' STORY CONTINUES BELOW THIS AD And Trump himself doubled down on the pressure on Monday (August 4) with a fresh post on Truth Social, in which he accused India of buying 'massive amounts' of oil from Russia and then 'selling it on the open market for big profits.' 'They don't care how many people in Ukraine are being killed by the Russian war machine. Because of this, I will be substantially raising the tariff paid by India to the USA,' he said. India's purchase of Russian oil The strain in India-US ties has also to do with oil, namely Russian oil. Earlier, India purchased most of its oil from West Asia, but this changed after Russia began selling its oil at discounted rates after the West shunned it as punishment for its full-scale invasion of Ukraine in February 2022. In fact, an US Energy Information Administration report reveals that India increased its purchases of Russian oil more than sixfold after the conflict broke out. Moreover, the International Energy Agency notes that 70 per cent of Russian crude was exported to India in 2024. Compiling data, Bloomberg reports that India, on an average, has been buying Russian crude at about 1.7 million barrels a day so far this year. Bloomberg reports that India, on an average, has been buying Russian crude at about 1.7 million barrels a day so far this year. Representational image/Reuters India's stance on Russian oil On Monday (August 4), a little after Trump threatened additional tariffs on India, India responded to the situation, indicating that it wouldn't stop purchasing crude and even stated that 'the targeting of India is unjustified and unreasonable'. Ministry of External Affairs spokesperson Randhir Jaiswal in a statement said that India has 'been targeted by the United States and the European Union for importing oil from Russia after the commencement of the Ukraine conflict'. STORY CONTINUES BELOW THIS AD He called out the US and Europe's double standards noting that while they criticised India, they themselves were carrying out trade with Russia. 'India's imports are meant to ensure predictable and affordable energy costs to the Indian consumer. They are a necessity compelled by global market situation. However, it is revealing that the very nations criticising India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion. 'The European Union in 2024 had a bilateral trade of €67.5 billion in goods with Russia. In addition, it had trade in services estimated at €17.2 billion in 2023. This is significantly more than India's total trade with Russia that year or subsequently. European imports of LNG in 2024, in fact, reached a record 16.5 million tonnes, surpassing the last record of 15.21 million tonnes in 2022. 'Europe-Russia trade includes not just energy, but also fertilisers, mining products, chemicals, iron and steel and machinery and transport equipment. STORY CONTINUES BELOW THIS AD 'Where the United States is concerned, it continues to import from Russia uranium hexafluoride for its nuclear industry, palladium for its EV industry, fertilisers as well as chemicals.' He further noted that India began importing from Russia traditional supplies were diverted to Europe after the outbreak of the conflict. The United States at that time actively encouraged such imports by India for strengthening global energy markets stability. Other officials in the Indian administration note that despite Trump's threats, India will continue its trade with Russia for a number of reasons. Representational image/Reuters Let the Russian oil flow Other officials in the Indian administration note that despite Trump's threats, India will continue its trade with Russia for a number of reasons. Firstly, they noted that there was a growing sense within the administration that it shouldn't allow for American policymaking to shape its choices on vital energy supplies for its 1.4 billion people. Analysts and officials from the government also note that if even India suspended its oil trade with Moscow it wouldn't help the US. As Pankaj Saran, a former Indian deputy national security adviser and ambassador to Moscow, told the New York Times, 'What we also have to keep in mind is that even if India may cut to zero, China is not going to. You will have a kind of a bizarre situation where Russia will sell to China at cheap prices, and so you would have China being the ultimate beneficiary.' STORY CONTINUES BELOW THIS AD Moreover, Indian experts note that it was owing to its purchase of oil that helped keep global oil prices in check. Indians kept the Russian oil flowing at the capped price, helping to shrink Russia's revenue but also ensuring that global prices would remain in check. One source was quoted as telling the Mint, 'Had India not absorbed discounted Russian crude combined with OPEC production cuts of 5.86 mb/d, global oil prices could have surged well beyond the March 2022 peak of US$137/bbl, intensifying inflationary pressures worldwide.' In fact, former US ambassador to India Eric Garcetti had lauded New Delhi's purchase of Russian oil in 2024. In the now widely circulated video, Garcetti is heard saying, 'They (India) bought Russian oil because we wanted somebody to buy Russian oil at a price cap. That was not a violation or anything. It was actually the design of the policy because, as a commodity, we didn't want the oil prices going up, and they fulfilled that.' STORY CONTINUES BELOW THIS AD "India brought Russian Oil, because we wanted somebody to buy Russian oil...", says US ambassador Garcetti on India buying Russian oil ; Adds,'no Price Cap violation, we did not want oil prices to go up..' — Sidhant Sibal (@sidhant) May 11, 2024 Experts also noted that India's contracts are long-term and 'it's not so simple to just stop buying overnight'. Trade research body GTRI also noted, 'India's oil trade with Russia has taken place with full transparency and broad understanding with the US. One of the key reasons India stepped up Russian oil purchases was to help stabilise global oil markets after Western sanctions disrupted traditional supply chains. STORY CONTINUES BELOW THIS AD 'By maintaining diversified and affordable energy access, India contributed to preventing a global oil price shock. Trump's decision to raise tariffs on India citing oil trade is not only unjustified — it ignores market realities misrepresents trade data, and undermines a key strategic partnership in the Indo-Pacific.' India also has to consider the price of moving away from Russian oil. New Delhi would have to pay more if it went with sources of oil like Saudi Arabia, who sells at a higher price to Asian countries because of a policy called the 'Asian premium' maintained by the Organisation of the Petroleum Exporting Countries (Ospec). We will just have to wait and watch to see what happens next — will Trump drop his demand or will India give in. With inputs from agencies

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