The MoU (memorandum of understanding) signing ceremony took place on Tuesday at the Radisson Blu Plaza Delhi Airport and saw the attendance of industry stalwarts who promote electric mobility and support sustainability. New Delhi: Sunfuel Electric has collaborated with Radisson Hotel Group to provide captive electric vehicle (EV) charging stations across its hotels in India.… Continue reading Sunfuel ties up with Radisson group to provide EV charging facility across its hotels in India
Author: Economic Times of India Online News
ElectriVa to install EV charging stations at 100 locations in Delhi
ElectriVa is currently among the leading independent EV charging station operators in India. The company was setup earlier this year by New Delhi based entrepreneur Sumit Dhanuka who has a background in renewable energy. Electric vehicle Charging startup ElectiVa has bagged the contract for installing and operating 100 EV charging stations in Delhi. The contract… Continue reading ElectriVa to install EV charging stations at 100 locations in Delhi
Portuguese lithium, fuel of Europe’s electric vehicle revolution?
Portugal’s environment regulator will deliver its verdict on the approval of a major new lithium mine in the north of the country in early 2022. Lisbon: Portugal next year could approve lithium mining that will reduce Europe’s dependence on outside sources for a key ingredient in the frenetic global race to decarbonise the auto industry.… Continue reading Portuguese lithium, fuel of Europe’s electric vehicle revolution?
Mumbai: No GST on transport cost partially borne by staff
Several companies ask employees to bear a certain portion of the cost—be it for canteen or transport facilities. During the given period, this company recovered Rs 29.3 lakh from its employees, as their share of transport costs. In its recent order, the GST-Authority for Advance Rulings (AAR), Maharashtra bench, has held that partial recovery of… Continue reading Mumbai: No GST on transport cost partially borne by staff
Centre’s financial year 2021 oil tax mop-up rises 36% on excise hikes
Taxes on petrol and diesel, including excise duty and various cess, contributed Rs 3.7 lakh crore in 2020-21, up 68 per cent from Rs 2.2 lakh crore in 2019- 20, junior finance minister Pankaj Choudhary told Lok Sabha in a written reply. NEW DELHI: The Centre’s tax collection from the oil sector swelled 36 per… Continue reading Centre’s financial year 2021 oil tax mop-up rises 36% on excise hikes
Double digit growth hopes brighten 2022 horizon despite chip shortage concerns
Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With demand for premium and technologically advanced products on the rise, India’s Rs 75,000 crore appliances and consumer electronics… Continue reading Double digit growth hopes brighten 2022 horizon despite chip shortage concerns
Global goods trade hits Covid bumps as risks tilt to downside
The Geneva-based WTO said North American and European imports were weaker than expected, and exports from both regions declined. Now the omicron variant of the Covid-19 virus has “tipped the balance of risks towards the downside” the WTO said. Supply chain disruptions and rising Covid-19 cases reduced the volume of global merchandise trade by 0.8%… Continue reading Global goods trade hits Covid bumps as risks tilt to downside
Bangalore chamber of industry & commerce plans India-Japan summit in February 2022
BCIC, early this year, set up an office in Tokyo to promote mutual business interests and promote tourism and share good practices. Bangalore chamber of industry & commerce (BCIC) plans to hold an India-Japan summit in February next year as part of its efforts to promote Karnataka as an investment destination from Japanese investors. BCIC,… Continue reading Bangalore chamber of industry & commerce plans India-Japan summit in February 2022
Omicron, inflation risks to business resumption, Nomura index at a record high
“The labour participation rate fell to 40.9% from an eight-week high of 41.4% in the prior week,” Nomura said in the report. The Nomura India Business Resumption Index rose to a record high of 117.8 for the week ended December 19 from 116.6 in the prior week. The Japanese financial services firm, in its weekly… Continue reading Omicron, inflation risks to business resumption, Nomura index at a record high
Biden boosts fuel-economy standards to fight climate change
Regan called the rule “a giant step forward” in delivering on President Joe Biden’s climate agenda “while paving the way toward an all-electric, zero-emissions transportation future.″ WASHINGTON: In a major step to fight climate change, the Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases. A final rule being… Continue reading Biden boosts fuel-economy standards to fight climate change