New Delhi: Adequate rainfall across the country along with the start of the long festive season will keep the demand for automobiles positive and help keep the momentum going, rating agency CareEdge said in a report on Tuesday. It said that new model launches by the automakers along with some improvement in the availability of… Continue reading Adequate monsoon, long festival season to drive automobile sales: Report
Author: Economic Times of India Online News
India can become an upper-middle-income country by 2047: Bibek Debroy
New Delhi: India can become an upper-middle-income country by 2047 if it manages to achieve a sustained growth rate of 7-7.5 per cent for the next 25 years, EAC-PM Chairman Bibek Debroy said on Tuesday. The country can become a USD 20 trillion economy by 2047 at this growth rate, he added. India, the world’s… Continue reading India can become an upper-middle-income country by 2047: Bibek Debroy
India to see 45-50 mn EVs on road by 2030, charging top concern
The Indian market is likely to have a dense network of AC private and public chargers and DC chargers to be restricted to buses and few use cases for 4Ws and LCVs. New Delhi: India’s e-mobility journey is on a fast track, with an estimated 45-50 million electric vehicles (EVs) on road by 2030, a… Continue reading India to see 45-50 mn EVs on road by 2030, charging top concern
1.73 lakh die in traffic accidents in India in 2021
The NCRB report said that the rate of deaths per thousand vehicles in 2021 increased from 0.45 in 2020 to 0.53 in 2021. As many as 1.73 lakh people lost their lives in around 4.22 lakh traffic accidents in the country in 2021 with Uttar Pradesh reporting the highest number of deaths in such mishaps… Continue reading 1.73 lakh die in traffic accidents in India in 2021
A Beginner’s Guide For Car Insurance
Car Insurance 101 – A Beginner’s GuideCar insurance is the first step of responsibility after purchasing a car. Once you have chosen the car you want to purchase, ensure that you look into different aspects of purchasing a suitable car insurance policy. Here is a beginner’s guide that will help you understand more and take… Continue reading A Beginner’s Guide For Car Insurance
India’s economy faces resilience test amid rising interest rates
Besides rate hikes, a global slowdown will also weigh on the Indian economy. India’s economy probably grew at the fastest rate in a year last quarter driven by healthy consumption, but the pace of expansion is seen slowing as policymakers prioritize rising prices over growth. Gross domestic product is estimated to rise 15.4% in the… Continue reading India’s economy faces resilience test amid rising interest rates
Saudi’s Alfanar to build $3.5 bln green hydrogen project in Egypt
CAIRO – Saudi Arabian company Alfanar said on Monday it has signed a memorandum of understanding to build a $3.5 billion green hydrogen project in Egypt. The facility will produce 500,000 tonnes of green ammonia, which is used in agricultural fertilisers, from 100,000 tonnes of green hydrogen per year. The project is among seven MOUs… Continue reading Saudi’s Alfanar to build $3.5 bln green hydrogen project in Egypt
MoRTH standardises process for issuing international driving permit
Representative image New Delhi: Ministry of Road Transport and Highways (MoRTH) has standardised the process for issuance of international driving permit across the country in adherence to Convention on International Road Traffic of 1949. The ministry in a notification on Monday said the provision for QR code to link international driving permit (IDP) with the… Continue reading MoRTH standardises process for issuing international driving permit
The good, bad and ugly of the Rupee hitting an all time low against the Dollar
Indian National Rupee (INR) has not been in news for the right reasons so far this year. It has been dragged down by the perfect storm of international pressures and geopolitical headwinds. However, the current situation is a necessary wake-up call to regulators and policymakers to strengthen the currency by making Rupee assets more valuable… Continue reading The good, bad and ugly of the Rupee hitting an all time low against the Dollar
Omega Seiki Mobility opens OSM E-Link charging station at IGDTUW campus, New Delhi
Omega Seiki Mobility aims to fast-track future mobility, with green energy at its core, by implementing data-driven, smart engineering. New Delhi: Omega Seiki Mobility (OSM) inaugurated OSM E-Link Charging station at Indira Gandhi Delhi Technical University for Women (IGDTUW) on Monday. Omega Seiki Mobility has commenced work and will be developing and setting up a… Continue reading Omega Seiki Mobility opens OSM E-Link charging station at IGDTUW campus, New Delhi