Sitharaman also praised the Indian economy in the parliament by calling it the fastest-growing economy. Finance Minister Nirmala Sitharaman on Monday lauded the Indian Rupee and said it has been strong against every currency. The statement from the minister came during Monday’s parliamentary session. “The Reserve Bank of India (RBI) has used foreign exchange reserves… Continue reading Finance Minister Nirmala Sitharaman says Indian Rupee strong against every currency
Category: Automotive
Karnataka government may end 100 per cent road tax exemption for EVs
Karnataka has more than two crore registered vehicles of which EVs are only 1.5 lakh till December. In a move that could affect electric vehicle (EV) adoption in Karnataka, the state transport department is mulling ending 100 per cent road tax exemption given to battery-run vehicles. If approved, EVs will be costlier in the state.… Continue reading Karnataka government may end 100 per cent road tax exemption for EVs
Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs
Hyundai Motor Group’s dedicated fuel cell system brand HTWO today signed a partnership agreement with Enginius, a subsidiary of the Faun Group, to supply fuel cell systems for mass production of hydrogen-powered commercial trucks. Through its cooperation with the Faun Group, a key player in the European refuse truck market, HTWO will further accelerate its… Continue reading Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs
Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs
Hyundai Motor Group’s dedicated fuel cell system brand HTWO today signed a partnership agreement with Enginius, a subsidiary of the Faun Group, to supply fuel cell systems for mass production of hydrogen-powered commercial trucks. Through its cooperation with the Faun Group, a key player in the European refuse truck market, HTWO will further accelerate its… Continue reading Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs
Mahindra Scorpio N earns five-star GNCAP score under new rules
The Mahindra Scorpio N SUV, launched in the Indian market on August 19, 2022 and already one of the company’s best-sellers, is the latest Mahindra SUV to ace the Global NCAP crash test with a five star rating. It becomes the third made-in-India SUV, after the Skoda Kushaq and Volkswagen Taigun in October 2022, to… Continue reading Mahindra Scorpio N earns five-star GNCAP score under new rules
Maruti Suzuki Ignis receives one-star GNCAP rating
The India-spec Maruti Suzuki Ignis has got a 1-star rating overall under the new and upgraded Global NCAP crash test protocol for India. The high riding hatchback received poor scores for the side impact and child protection tests. The India-spec Ignis, was previously tested by Global NCAP in 2019 where it received a 3-star rating for adult occupant protection and… Continue reading Maruti Suzuki Ignis receives one-star GNCAP rating
Maruti Suzuki Swift scores one-star rating at GNCAP crash tests
Global NCAP has tested the Maruti Suzuki Swift once again, but this time around it has come away with a rather poor 1-star rating for both adult and child occupant protection. The Maruti Swift – along with the Ignis, S Presso and the Mahindra Scorpio N – was among the second lot of cars to be tested under Global NCAP’s more stringent protocols that came… Continue reading Maruti Suzuki Swift scores one-star rating at GNCAP crash tests
Maruti Suzuki S Presso scores one-star rating under updated GNCAP protocols
The Global NCAP has tested the Maruti Suzuki S Presso under its new and upgraded crash test protocols, which came into effect in July 2022. In the new tests, the S-Presso has secured a 1-star rating for adult protection and a 0-star rating for child protection. The India-spec S-Presso was previously tested by Global NCAP in 2020 where it received a… Continue reading Maruti Suzuki S Presso scores one-star rating under updated GNCAP protocols
Synchronous condensers spin back grid inertia – Power Engineering International
Image credit: ABB Advancing the world’s net zero ambitions means that utilities are transitioning to renewable energy, but this is reducing the level of spinning inertia vital for stable operation. Kristina Carlquist, General Manager, Synchronous Condensers, ABB explains how this well-proven technology is helping to restore the balance in projects ranging from the Faroe Islands… Continue reading Synchronous condensers spin back grid inertia – Power Engineering International
Court discharges, acquits Origin Oil & Gas Ltd, directors of subsidy scandal allegation – Daily Sun
From Godwin Tsa, Abuja A High Court of the Federal Capital Territory (FCT), Abuja, has discharged and acquitted Origin Oil & Gas Limited and its directors; Abiodun Ponnle and Adetoye Adegbite, of the allegations bordering on fuel subsidy scam preferred against them by the Economic and Financial Crimes (EFCC). In a judgment on Thursday, Justice… Continue reading Court discharges, acquits Origin Oil & Gas Ltd, directors of subsidy scandal allegation – Daily Sun