Sea freight rates down 15%; Container availability better

In FY22, India’s merchandise exports rose by 43% over FY21 to $418 billion. The availability of containers has improved, and ocean freight rates have fallen by up to 15%, exporters have said.Still, the volume growth in exports in the ongoing fiscal year may not be significant as the global inventory is high and key rates… Continue reading Sea freight rates down 15%; Container availability better

MGNREGA work generation grows in May

In the previous two years, the government had raised the allocation under the scheme at the ‘revised estimated’ stage to meet the higher demand. Work generation under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) increased in May over the previous month as well as the year-ago period, bucking the trend seen in the… Continue reading MGNREGA work generation grows in May

India needs $225-250 bn investment to meet its 2030 renewable energy target: Moody’s

If India is to to reach its net-zero emissions by 2070, it needs a shift in its energy mix toward renewable energy, enabled by supportive government policies, private sector participation and low cost capital, Moody’s Investors Service said in a report on Monday. The government’s support in encouraging the private sector and overseas investors to… Continue reading India needs $225-250 bn investment to meet its 2030 renewable energy target: Moody’s

Atlas Copco acquires Qolibri

Atlas Copco, has announced its acquisition of Qolibri Inc, a company that provides proprietary technologies for semiconductor subfab operations. Qolibri, which is based in Roseville, near Sacramento in California, USA, develops solutions for semiconductor subfabs, which are home to the many pumps and abatement systems that handle the exhaust gases and by-products generated by the semiconductor… Continue reading Atlas Copco acquires Qolibri

Tata Motors launches GenVoltz generators in Nepal

Tata Motors, along with its authorised distributor, Sipradi Trading announced launching the reliable and efficient range of GenVoltz generators in Nepal.  Designed, developed and extensively tested at the R&D centre in India, the generators are powered by Tata Motors’ diesel engines which claims it to be perfectly suited to power a wide variety of applications.  The… Continue reading Tata Motors launches GenVoltz generators in Nepal

@Ford: Ford Teams Up With Dealers to Train Next Generation of Auto Technicians to Service ICE and Electric Vehicles

Dealers are lining up to partner with Ford to mentor students interested in a career as a highly trained automotive technician High school and community college students have the opportunity to get real-world experience in understanding and diagnosing new vehicle technologies and systems at their sponsoring dealership Sponsor Our Students brings meaningful jobs to communities… Continue reading @Ford: Ford Teams Up With Dealers to Train Next Generation of Auto Technicians to Service ICE and Electric Vehicles

Clark wins home race at Vintage Motocross championship – Johnson City Press (subscription)

BLOUNTVILLE — Kingsport rider Steve Clark had never competed at his home track before Saturday’s Vintage Motocross National Championship race at Muddy Creek Raceway. He made up for lost time with a third-place podium finish and a win during the weekend event. Clark rode his Yamaha to a third-place finish behind Georgia rider Bill Wright… Continue reading Clark wins home race at Vintage Motocross championship – Johnson City Press (subscription)

The Spyker C8 Laviolette Is One Of The Strangest Supercars Around – CarBuzz

This is the second time in two years this car has hit the auction block. There are plenty of examples of eccentric supercars out there. Pick a Lamborghini. Or a Pagani for that matter. But there was a time when if you wanted something really strange, you went to Spyker. The company’s most recent model,… Continue reading The Spyker C8 Laviolette Is One Of The Strangest Supercars Around – CarBuzz

Four Car Elements That Stand for Something More – Gear Patrol

Editor’s Note: Every car boasts an extremely considered look, but not every car is beautiful. However, certain details and designs sprinkled throughout the modern automotive world are so stunning that they can stand out on their own. Welcome to The Owner’s Manual: a limited series discussing some of the most stunning car designs and details… Continue reading Four Car Elements That Stand for Something More – Gear Patrol

Could This Stunning Saab 9-5 Sendoff End Up Being A Steal Of A Deal? – CarScoops

While there are some signs that the used car market may be starting to cool off, rarer cars seem to be continuing to ride the wave. Interestingly enough though, one very rare and very interesting Saab 9-5 sedan with low mileage might end up being the rare exception to the rule. With just a couple… Continue reading Could This Stunning Saab 9-5 Sendoff End Up Being A Steal Of A Deal? – CarScoops