The Supreme Court has directed the National Highways Authority of India to take effective steps to curb unauthorised occupation of highway lands and form surveillance teams of police officials to carry out patrolling. The top court also directed the Centre to give wide publicity to the availability of ‘Rajmargyatra’ mobile application on print, electronic, as… Continue reading SC promotes ‘Rajmargyatra’ app, directs NHAI to crack down on highway encroachments
Author: Economic Times of India Online News
What to know about the US Senate’s effort to block vehicle-emission rules in California
The Republican-controlled Congress is targeting three California waivers that set stricter emissions rules than the federal government. Congress may stop California from implementing its first-in-the nation rule banning the sale of new gas-powered cars by 2035. A Senate vote expected as soon as this week could end the nation’s most aggressive effort to transition toward… Continue reading What to know about the US Senate’s effort to block vehicle-emission rules in California
IREDA moves debt recovery tribunal against Gensol entities for over ₹729 crore default
Indian Renewable Energy Dev Agency Ltd (IREDA) said on Wednesday that it has approached the Debt Recovery Tribunal (DRT), Delhi, seeking recovery of default amounting to over ₹729 crore from Gensol Engineering Limited and Gensol EV Lease Pvt Ltd. The applications were filed on May 20, 2025, under Section 19 of the Recovery of Debts… Continue reading IREDA moves debt recovery tribunal against Gensol entities for over ₹729 crore default
Republicans target California EV mandate, upend Senate precedent
Also at issue is the Senate as an institution, and longstanding filibuster rules that both parties have rolled back over the last two decades. Senate Republicans have voted to establish a new precedent that will allow them to roll back vehicle emission standards in California, including a rule phasing out the sale of new gas-powered… Continue reading Republicans target California EV mandate, upend Senate precedent
JSW Steel faces tax benefit reversal after Supreme Court scraps Bhushan Power takeover
JSW Steel is facing a possible reversal of tax benefits availed as part of the acquisition of Bhushan Power and Steel (BPSL), following its 2020 takeover of the bankrupt company being scrapped by the Supreme Court, said people aware of the matter. Acquisitions under the Insolvency and Bankruptcy Code (IBC) allow offsetting of past losses… Continue reading JSW Steel faces tax benefit reversal after Supreme Court scraps Bhushan Power takeover
Nippon Steel still committed to full US Steel takeover
Japan’s Nippon Steel remains committed to acquiring a full stake in US Steel, a senior executive said, adding that it is seeking a meeting with US Treasury Secretary Scott Bessent to clarify President Donald Trump’s stance on the deal. The steelmakers face a May 21 deadline for the completion of a renewed national security review… Continue reading Nippon Steel still committed to full US Steel takeover
Kerala’s cracking highways: NHAI faces scrutiny over embankment failures
National Highways Authority of India (NHAI) set up a three-member expert committee to probe the collapse of a section of under-construction NH-66 in Malappuram. Cracks also appeared on the NH stretch and service road subsidence was reported from Thalappara in Malappuram and Malaparamba in Kozhikode. Around 4am on Tuesday, a portion of the service road… Continue reading Kerala’s cracking highways: NHAI faces scrutiny over embankment failures
What to know about the US Senate’s effort to block vehicle-emission rules in California
President Donald Trump rescinded California’s ability to enforce its standards during his first term, but President Joe Biden’s administration restored it in 2022. Congress may stop California from implementing its first-in-the nation rule banning the sale of new gas powered cars by 2035. A Senate vote expected as soon as this week could end the… Continue reading What to know about the US Senate’s effort to block vehicle-emission rules in California
NFRA probes Gensol’s audit books after Sebi flags fraud, ICAI review underway
This marks an expansion of the investigation into Gensol, which began with Sebi’s report last month. The National Financial Reporting Authority (NFRA) has launched a preliminary inquiry into the books of Gensol Engineering following fraud allegations, according to Ravneet Kaur, the head of the audit regulator. The move follows a reference by the Securities and… Continue reading NFRA probes Gensol’s audit books after Sebi flags fraud, ICAI review underway
Maharashtra plans PPP model for RTO land to curb encroachments, boost revenue
Maharashtra Transport Minister Pratap Sarnaik has proposed developing land owned by the RTO (Regional Transport Office) on a PPP model to maximise revenue and prevent encroachments by slums. Addressing the inauguration of the Sub-Regional Transport Office (RTO) building in Kalyan on the weekend, Sarnaik highlighted the progress in constructing new RTO offices and proposed developing… Continue reading Maharashtra plans PPP model for RTO land to curb encroachments, boost revenue