'Some companies have agreed to 2-3% incentive but the automakers and SIAM have to decide amongst themselves'
The government expects to make 10,000 oxygenated beds available in a short period of time by making temporary hospitals near industrial units which produce oxygen of requisite purity to boost the supply of the life-saving gas to fight COVID-19.
Gadkari said the NHAI was working on setting up an InvIT to monetise its projects for mobilising resources through capital markets.
Looking to push nearly 28 million over 11-year-old polluting vehicles off-roads, the government has proposed incentives worth 8-12 per cent of the cost of a new vehicle for surrendering the old ones.
'I see a virtually zero impact on the sales of new vehicles with this move,' said an expert
Most of the buses run by Telangana State Road Transport Organisation are also off the roads
Retail sales of cars are back to January 2018 levels in August 2021. Two-wheeler retail sales are 22 per cent lower, nearly four years down the line.
Finance Minister Nirmala Sitharaman on Thursday said taxpayer base has almost doubled to 1.28 crore in four years of rollout of the historic tax reform and the enhanced GST mop up in the recent months should now be the "new normal". In a written message to tax officers on the fourth anniversary of GST rollout, she said implementing any reform of this scale in a large and diverse country like India can be highly challenging, but GST has brought about ease in taxpayer compliance and reduced common man's tax burden.
It was 55.3 per cent for the same period last year, and data shows the fiscal deficit for April-May was kept in reasonable check in spite of heavy frontloading of expenditure.
The Centre on Thursday told the Supreme Court that if the Army cannot move its missile launchers, heavy machinery up to the northern Indo-China border, then how will it defend it and fight a war, if it breaks out.
The Centre on Tuesday told the Supreme Court that China has made a huge build-up in the Tibet region and the Army needs broader roads to move heavy vehicles up to the India-China border to avoid a 1962 war-like situation.
India wasn't applying widespread crash testing like foreign countries do, so manufacturers didn't see the need for an investment focus on safety. Customers rarely walked into showrooms asking for the safest car. They wanted the cheapest or the most fuel-efficient or the best-looking car.
A tribute to the unsung heroes.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
To beat BJP, you either deny them a critical mass of Hindu vote or build a regional leader and party strong enough to protect their turf, observes Shekhar Gupta.
Under the new system, a uniform driving licence will be issued across the country.
The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.
The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.
'Some districts have said that areas which are away from the urban centres and where there have been minimal to zero Covid-19 cases may be exempted from the lockdown and construction activity should be allowed,' said a person in the know.
The estimated cost of the metrino is Rs 50 crore per km and each pod can accommodate three to four persons, Megha Manchanda/Business Standard reports from New Delhi.
In a move which could embarrass the Uttar Pradesh government, state Transport minister Durga Prasad Yadav has embarked on a week-long study tour to Brazil with family in tow.
Several Union ministers and chief ministers voluntarily removed the red beacons from their vehicles even before the notification of it came into effect.
The AIMTC supports the farmers as 65 per cent of the trucks are engaged in carrying farm produce.
With only a handful of models by a few manufacturers including Tata Nexon, MG ZS, Hyundai Kona, among others, the segment has remained under tapped.
The CCB had raided Ragini Dwivedi's residence early Friday morning after obtaining a search warrant from a court, a police officer said.
A webportal has been launched with information concerning toll plazas on national highways and expressways
Of these 8.5 million additional people employed in September, 6.5 million were in rural India, reveals Mahesh Vyas.
Economy has become a major cause of concern for the new government with GDP dropping to 5.8 per cent in the last quarter of the 2018-19.
Though the controversy between the Planning Commission and the road transport ministry is old, the trigger for Road Transport and Highways Minister Kamal Nath calling the Commission an 'armchair advisor' seems to be a document of the Planning Commission.
While some states have proposed to dilute the hefty penalty provisions in the Act, there are those like West Bengal which have refused to implement right away.
Called "Babuji", the former chief minister of undivided Madhya Pradesh and former Governor of Uttar Pradesh in the post-Babri Masjid demolition era was considered as a people's man and was accessible to all.
The two bodies have been fighting a running battle over the targets for construction of highways.
The company said the new model would be available for sale in sugarcane-producing Maharashtra, Uttar Pradesh and Karnataka, to begin with.
Violation of the provisions entails a punishment of a jail term up to five years or with fine up to Rs 1 crore or with both, the ordinance released by the Ministry of Law and Justice on Thursday said.
Following suggestion from Minister for Roads Nitin Gadkari, Centre seeks ideas from IRDAI and General Insurance Council on feasibility of providing insurance cover for retrenchment.
The e-rickshaws that had gone off Delhi roads will now be back soon.
New norms issued as per the Motor Vehicle Aggregator Guidelines 2020 have mandated a cap on surge price, preventing aggregators from charging more than 1.5 times of the base fare.
'Farmers will block rail tracks in various places. Markets and transport services will be closed during 'Bharat Bandh'
The 24-hour transport strike began on Thursday, affecting normal life in several parts of the country including in Kerala and Karnataka, even as the Centre asked private operators and employees of state transport authorities to call off their strike.
Ministries such as road transport and heavy industries are learnt to have objected to NITI Aayog's attempts to become an implementing body for the EV programme.
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