The Delhi transport department is hiring research fellows to advise the government on policy interventions to make the national capital more e-vehicle-friendly, officials said. Interviews were held on June 18 and four candidates shortlisted, they said. “Two of the shortlisted research fellows are deputy directors in the EV cell, while the other two are freshers.… Continue reading Delhi transport dept hiring research fellows to improve EV policy
Author: Economic Times of India Online News
Soaring white collar salaries driving sales of premium cars and gadgets
A big rush for talent and soaring salary offers in the white collarjob market amid the ‘Great Resignation’ are boosting sales of premium smartphones, electronics and cars in the country even as overall discretionary spending has slipped. Professionals who are switching jobs or getting retained by their existing employers at much higher salaries than before… Continue reading Soaring white collar salaries driving sales of premium cars and gadgets
MPC acted to rein in inflation with focus on growth
Mumbai: The central bank’s Monetary Policy Committee (MPC) voted unanimously to raise rates by half a percentage point early June to prevent inflation from corroding the economic recovery even as some members favoured quickening the pace of increases to ensure the price spiral wouldn’t worsen further, the minutes of the meeting published Wednesday showed. The… Continue reading MPC acted to rein in inflation with focus on growth
Tata Power sets up 150 EV charging stations with 100% green fuel in Mumbai
MUMBAI: Tata Power on Wednesday announced that it has installed 150 “green energy-powered” EV charging stations across residential societies, malls, commercial complexes and petrol pumps in Mumbai. These chargers are powered by renewable/clean energy sources like wind, solar, and hydropower. “The initiative is in line with Tata Power’s ‘Do Green ‘ mission to encourage its… Continue reading Tata Power sets up 150 EV charging stations with 100% green fuel in Mumbai
India records current account deficit (CAD) of 1.2% in FY22
India‘s current account deficit (CAD) for the quarter ended March 22 was sequentially narrowed to 1.5 per cent of GDP as remittances from overseas Indians as well as software exports surged and the outflow from dividend and interest payouts fell, data from the RBI shows. Significantly, CAD at 1.2 percent of GDP for FY’22 at… Continue reading India records current account deficit (CAD) of 1.2% in FY22
Maersk sees no let up in surging cost of shipping goods
The cost of shipping goods has surged 25-30% since the start of the pandemic due to array of inflationary pressures that are “unlikely to abate in the short term,” world No. 1 container shipping company Maersk told Reuters on Wednesday. Maersk is viewed as a bellwether for global trade as it transports goods for retailers… Continue reading Maersk sees no let up in surging cost of shipping goods
Electric vehicles could take 33% of global sales by 2028: AlixPartners
The ICE-to-EV transition will cost automakers and suppliers a cumulative $70 billion by 2030, according to Elmar Kades, co-leader of the automotive practice, including bankruptcies and restructuring. Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, consultant AlixPartners said on Wednesday. EVs accounted for… Continue reading Electric vehicles could take 33% of global sales by 2028: AlixPartners
Jio-bp to set up EV charging stations across 17 Nexus malls
Fuel and mobility company Jio-bp, which is a joint venture between Reliance Industries & bp, has partnered with Nexus Malls for facilitating EV charging stations and battery swapping stations. The partnership includes the installation of various 24×7 EV charging stations for two and four-wheelers. All in all, the installations would be done in 17 malls… Continue reading Jio-bp to set up EV charging stations across 17 Nexus malls
U.S. regulators to propose new tougher vehicle emissions rules by March
WASHINGTON: The U.S. Environmental Protection Agency plans to propose new, more stringent vehicle emissions rules through at least the 2030 model year by March, according to a regulatory update released on Tuesday. In December, the EPA finalized new light-duty tailpipe emissions requirements through the 2026 model year that reversed then-President Donald Trump‘s rollback of car… Continue reading U.S. regulators to propose new tougher vehicle emissions rules by March
Pollution: Delhi writes to Haryana, asks it to allow only BS-VI buses to enter city from October 1
The Delhi government has urged Haryana to allow only BS VI-compliant buses to enter the national capital from October 1 in order to help control air pollution in the city. The request was made to deal with the problem of vehicular pollution in the city, which officials here indicated, is contributed to in part by… Continue reading Pollution: Delhi writes to Haryana, asks it to allow only BS-VI buses to enter city from October 1