Only half of manufacturers on track to reach Paris Agreement goals: Capgemini

Only 10 per cent of organisations employ a holistic approach to sustainable manufacturing. Across industries, consumer products is the most sustainable sector (15 per cent) followed by industrial and capital goods (11 per cent) and automotive (10 per cent). Paris: Manufacturing organisations are setting ambitious sustainability targets for the coming decade with 20 per cent… Continue reading Only half of manufacturers on track to reach Paris Agreement goals: Capgemini

KTDC rolls out ‘in-car dining’ to serve food in parked vehicles

State Tourism Minister P.A. Mohamed Riyas said that the in-car dining will serve customers in their parked vehicles from KTDC’s Aahaar restaurants. Thiruvananthapuram: Kerala Tourism Development Corporation (KTDC) is rolling out a novel facility ‘in-car dining’ that serves diners in their parked vehicles. State Tourism Minister P.A. Mohamed Riyas said that the in-car dining will… Continue reading KTDC rolls out ‘in-car dining’ to serve food in parked vehicles

Repo rate expected to remain unchanged in FY22: Emkay Global

A lower repo rate, or short-term lending rate for commercial banks, will reduce the interest cost on automobile and home loans, thereby ushering in growth. However, lower repo rate might trigger inflation as well. Reserve Bank of India‘s repo rate is expected to remain unchanged during FY22, said Emkay Global in a report. A lower… Continue reading Repo rate expected to remain unchanged in FY22: Emkay Global

Kolkata: 11 speed cameras installed to curb traffic violations

KOLKATA: The Kolkata traffic police have set up 11 speed cameras with display boards at important stretches of the city, that witness speeding vehicles, like Park Street flyover and Red Road to alert motorists. If a driver slows down, the person can escape penalty, else an SMS will inform that a fine has been levied… Continue reading Kolkata: 11 speed cameras installed to curb traffic violations

Tech hiring rebounds in May; overall job market still weak, says report

“It’s been a rough patch for most sectors since the lockdowns took place. Although, tech companies have gained good momentum on hiring. Due to the shift to remote work and the surge in demand for certain online services, tech has been immune to the lockdowns to some extent,” SCIKEY co- founder Karunjit Kumar Dhir said.… Continue reading Tech hiring rebounds in May; overall job market still weak, says report

TOI Auto Expert Talk: Why EV start-ups need consolidated sales platform for mutual growth

New Delhi: Electric Vehicles as a category has been grabbing headlines through the last 12-18 months, whether it is the public policy, the rise of fuel prices, new brands being launched and the overall ecosystem growing month on month. The most important factor is growing consumer awareness and acceptance. According to the SMEV report FY21,… Continue reading TOI Auto Expert Talk: Why EV start-ups need consolidated sales platform for mutual growth

Second COVID wave may worsen stressed assets in financial system: Rakesh Mohan

Former RBI deputy governor Rakesh Mohan The second wave of COVID-19 may worsen stressed assets in the banking system, adding pressure on the financial stability, said former RBI deputy governor Rakesh Mohan. He said the Indian banking system has been reeling under the pressure of non-performing assets (NPAs) since 2015. Various resolution measures including Insolvency… Continue reading Second COVID wave may worsen stressed assets in financial system: Rakesh Mohan

General insurance industry to grow at 7 to 9 pc in FY22: ICRA

The total premium rose 27 percent in FY21 compared to a growth of 35 percent in FY20. The growth in FY20 was strong for both PSU and private sector players which increased market share in FY21. NEW DELHI: The general insurance industry is expected to clock 7 to 9 percent growth in gross direct premium… Continue reading General insurance industry to grow at 7 to 9 pc in FY22: ICRA

Gadkari writes to UP CM to work for safer roads in league with IRF

“The IRF India chapter plans to undertake a comprehensive study and measures based on 4Es including Engineering, Education, Enforcement and Emergency care, which will be undertaken under a separate programme with the assistance of the state government,” said Gadkari. New Delhi: Union Minister for Road Transport and Highways Nitin Gadkari, in a letter to Uttar… Continue reading Gadkari writes to UP CM to work for safer roads in league with IRF

Beware! Thane Police launches drive against modified silencers; 190 two-wheelers penalised

Besides, as a symbolic gesture, modified silencers were destroyed using a road roller near Durgadi Chowk in Kalyan, and strict action has been warned against violators. Thane: In a bid to curb noise pollution, the Thane police launched a campaign against illegally modified silencers that are attached to two-wheelers. Balasaheb Patil, Deputy Commissioner of Police… Continue reading Beware! Thane Police launches drive against modified silencers; 190 two-wheelers penalised