EU Sees ‘Slim’ Chance of Success in EV Tariff Negotiations with China

China and the EU will continue technical talks this week after discussions in Beijing where both sides touted some progress. The European Union sees very limited progress in negotiations with China aimed at finding an alternative to tariffs on electric vehicles and the bloc currently sees little prospect of a quick deal, according to people… Continue reading EU Sees ‘Slim’ Chance of Success in EV Tariff Negotiations with China

GRAP-II on since Oct 22, AQI stays in upper end of ‘v poor’ at most hotspots

Out of 57 sources of air pollution in Delhi, the highest were identified at Mundka and Anand Vihar, which was seven each. Delhi environment department has identified 57 significant pollution sources across 13 hotspots in the city that are receiving priority attention this winter season. According to officials, they successfully addressed 10 major pollution sources… Continue reading GRAP-II on since Oct 22, AQI stays in upper end of ‘v poor’ at most hotspots

What a new Trump regime will mean for India’s auto industry

Trump, of course, has little love lost for China and will ensure that it does not get an easy entry into the US. New Delhi: During his first term as US President, Donald Trump’s pet peeve was the high import tax India levied on imported motorcycles and, more specifically, on Harley-Davidson. Not that this would… Continue reading What a new Trump regime will mean for India’s auto industry

Kerala to set up 2,000 EV charging stations by 2030 in partnership with ESYGO

The aim of this project is to ensure EV charging infrastructure across Kerala by 2030, from major cities to rural areas. New Delhi: Kerala State Co-operative Institute of Information Technology, Electronics, and Communications (COSTECH), based in Thiruvananthapuram, India’s first IT federal cooperative institution, is all set to establish 2000 EV charging stations across the state… Continue reading Kerala to set up 2,000 EV charging stations by 2030 in partnership with ESYGO

New green steel firms could reap rewards as EU carbon tariffs loom

The EU imported 16 million tons of finished steel products from Asia in 2023, with mills from South Korea, Japan, Taiwan, China, India and Turkey competing in a highly price-sensitive market. On Thailand’s eastern coast, plans are underway to build an electric arc furnace that will deliver green steel to Europe and benefit from contentious… Continue reading New green steel firms could reap rewards as EU carbon tariffs loom

MCD’s e-vehicle push in low gear

Whilst most charging stations are concentrated in south, central, and east Delhi, the administration is now focusing on expanding infrastructure to outer areas. MCD has activated 308 e-charging stations across its jurisdiction, as part of its initiative to encourage electric vehicle usage. The progress, however, appears sluggish, given that authorisation for 570 stations was received… Continue reading MCD’s e-vehicle push in low gear

Rupee may slip to record low as worries over Trump win weigh on Asia FX

Updated On Nov 11, 2024 at 09:02 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals It’s “quite likely that it (rupee) will remain in a tight range with the RBI guarding against sharp declines,” a trader at a state-run bank said. The Indian rupee may slip to an all-time low at… Continue reading Rupee may slip to record low as worries over Trump win weigh on Asia FX

End of EV subsidies, more industry tariffs may be on the cards under Trump: Report

“We can expect similar automotive tariffs to be maintained now that Trump is elected,” said the report. New Delhi: The US’ Inflation Reduction Act (IRA) and federal EV manufacturing and consumer subsidies could be at risk in the new Donald Trump administration, according to a report on Saturday. Trump has been very pro-tariff and plans… Continue reading End of EV subsidies, more industry tariffs may be on the cards under Trump: Report

India’s steel exports clock double digit growth in October

Similarly, JSW Steel CEO Jayant Acharya said in an investor call that prices are looking up, after the sharp decline in September when imports had surged to a record high. New Delhi: India’s steel exports recorded a double-digit growth of 11% in October compared to the previous month, indicating an improved outlook for the sector,… Continue reading India’s steel exports clock double digit growth in October

CAQM for intensified actions to remove highly polluting vehicles in Delhi

The Commission also reminded the authorities that timely resolution is crucial for maintaining the integrity of the enforcement process and for achieving the broader objectives of air pollution control. New Delhi: Commission for Air Quality Management (CAQM), tasked with improving air quality in Delhi-NCR, has directed intensified actions to remove highly polluting end-of-life (EoL) vehicles… Continue reading CAQM for intensified actions to remove highly polluting vehicles in Delhi