On the first day of the meeting, the council approved e-way bill on intra-state movement of gold, jewellery and precious stones to check evasion of tax. NEW DELHI: On July 1, 2017, the Centre had rolled out a major reform in the indirect taxation system in India in the form of goods and services tax… Continue reading In 10 charts: How GST has evolved in last 5 years
Author: Economic Times of India Online News
Net zero emission for CVs is at a nascent stage, says Rajendra Petkar, CTO, Tata Motors
Rajendra Petkar Q: Technology mix will be governed by the energy mix in the automotive industry. For the commercial vehicles, how close to or how different will the technology mix be from the passenger vehicle industry in the coming years? A: There is an overlap of technologies for the passenger vehicle and commercial vehicle segments,… Continue reading Net zero emission for CVs is at a nascent stage, says Rajendra Petkar, CTO, Tata Motors
RWAs urge Gurgaon administration to issue direction for installation of EV charging stations
Resident Welfare Associations (RWAs) in Gurgaon have urged the city administration to issue a direction to the housing societies in relation to the installation of EV charging stations. According to residents, space for the charging stations is becoming an issue and a direction from the administration will reduce the dispute between residents and RWAs. “We… Continue reading RWAs urge Gurgaon administration to issue direction for installation of EV charging stations
Greater Hyderabad Municipal Corporation submits plan to set up 230 EV charging stations
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) submitted a proposal to Telangana State Renewable Energy Development Corporation Ltd (TS Redco) to set up 230 electric vehicle charging stations across the city. The Hyderabad Metropolitan Development Authority (HMDA) gave a proposal seeking another 100 EV charging stations within their limits. According to GHMC officials, they entered… Continue reading Greater Hyderabad Municipal Corporation submits plan to set up 230 EV charging stations
India, Oz bring critical minerals into strategic ties
NEW DELHI: India and Australia are expanding their strategic ties to critical minerals in a bid to create a bulwark against China’s dominance over raw materials ubiquitous in military and commercial applications, ranging from cell phones, electric vehicles to clean energy. Coal and mines minister Prahlad Joshi is in Australia to build upon an MoU… Continue reading India, Oz bring critical minerals into strategic ties
Over 25,000 electric vehicle sold in Delhi in 6 months, exceeds yearly sales since 2018
NEW DELHI: Delhi appears poised to reach a major milestone in its journey towards becoming the country’s electric vehicle (EV) capital. The first six months of 2022 has seen a total 25,890 EVs being sold in the city, higher than the total number sold in any single year since 2018. EVs accounted for 9.3% of… Continue reading Over 25,000 electric vehicle sold in Delhi in 6 months, exceeds yearly sales since 2018
Over 22,000 techies lose jobs in US, more than 12,000 in Indian startups
As the tech and startup sector gets hammered by economic meltdown, more that 22,000 workers in the sector have lost jobs in 2022, along with more than 12,000 in the Indian startup ecosystem. Startups, especially the ones who benefited from a pandemic boom, are feeling the pressure as valuations, particularly at the late stage, have… Continue reading Over 22,000 techies lose jobs in US, more than 12,000 in Indian startups
FIIs dump Indian stocks worth Rs 50,000 crore in June. Is the worse ahead?
The outflow of money from Dalal Street seems to be unending as foreign institutional investors (FIIs) sold Indian stocks worth over Rs 50,000 crore in the month of June alone, market data shows. With this, the total FII selloff in the first six months of this calendar year now stands at Rs 223,944 crore. June… Continue reading FIIs dump Indian stocks worth Rs 50,000 crore in June. Is the worse ahead?
Fund raising via debt placement drops 39% to Rs 32,405 crore in April-May on hike in interest rates
Fund raising by listed companies through private placement of corporate bonds dropped 39 per cent to Rs 32,405 crore in the first two months of the current financial year, and outlook for the rest of the fiscal is uncertain too on expectation of further hike in intetest rates. In comparison, Rs 53,253 crore was raised… Continue reading Fund raising via debt placement drops 39% to Rs 32,405 crore in April-May on hike in interest rates
Automated environments: Scaling up digitisation for a streamlined supply chain
By now we are all familiar with news of supply chain disruptions, resource shortages and inflation worry. There is news almost daily of logjams at ports, out-of-place shipping containers, record freight rates, lockdowns leading to labour shortage and other problems that cause disruptions with cascading effects. This underscores the growing importance of having a supply… Continue reading Automated environments: Scaling up digitisation for a streamlined supply chain