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

Growth picking up with most sectors operating at pre-pandemic levels: Survey

New Delhi: The economic activity in India is in recovery mode as growth seen broad basing with most sectors operating at pre-pandemic levels, a joint survey conducted by industry body FICCI and Indian Banks’ Association revealed. The uptick in growth was despite a muted start to this year due to emergence of Omicron variant. The… Continue reading Growth picking up with most sectors operating at pre-pandemic levels: Survey

Tirex to set up EV chargers at HPCL outlets in Gujarat, Rajasthan

Representative Image New Delhi: Gujarat-based Tirex Transmission on Monday announced that it has bagged the contract for more than 60 EV chargers from Hindustan Petroleum Corporation Limited (HPCL) for their franchise outlets in Gujarat and Rajasthan region. The company will supply two types of DC fast chargers for this project. One rated between 25kW and… Continue reading Tirex to set up EV chargers at HPCL outlets in Gujarat, Rajasthan