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India to start monitoring high-risk glacial lakes next year
There are 56 at-risk glacial lakes in India and the urgency to...
India’s initiatives for climate resilient marine fisheries to be presented at int’l conclave
The Indo-Pacific region is highly vulnerable to climate change,...
Proposed scrappage policy may not revive demand for new CVs: India Ratings
In May 2016, the government had floated a draft Voluntary Vehicle Fleet Modernisation Programme (V-VMP) that proposed to take 28 million decade-old vehicles off the road.
Ratan Tata to invest in Tork Motors
“In the last few years, there has been a sea of changes in the attitude towards electric vehicles. This industry is changing rapidly and I place good value on the sound logic and the approach that the team at Tork Motors has taken,” Tata Sons Chairman Emeritus Ratan Tata said in a statement.
Daimler Recalls Thousands of Mercedes-Benz Vehicles over Diesel Emissions
In June, Daimler issued a profit warning and announced an increase of legal provisions by a high three-digit million euros amount, to cover various ongoing governmental proceedings and measures relating to diesel vehicles.
UPL ordered to pay $31 mn to US-based AgroFresh in patent infringement case
A federal jury in Wilmington, Delaware, told UPL and its Decco unit to pay AgroFresh Solutions Inc. $31 million partly for infringing its patent on a technology that keeps apples fresh in storage after harvest. The award was less than a tenth of the $346.2 million AgroFresh had asked for.
India recognises the need for environmentally sustainable development strategy: IMF
“India has introduced a very interesting new instrument, which is a clean environment cess. It’s an excise tax, but it is an excise tax that targets coal production and import. There is a very interesting instrument and it’s one which is very appropriate for India, because India can make a tremendous amount of progress by targeting reductions in energy production using coal,” the top IMF official said.
India’s growth rate to fall to 6%, will recover to 7.2% in 2022: World Bank
“Growth is expected to gradually recover to 6.9 per cent in 2020-21 and 7.2 per cent in 2021-22 as the cycle bottoms-out, rural demand benefits from effects of income support schemes, investment responds to tax incentives and credit growth resumes. However, exports growth is expected to remain modest, as trade wars and slow global growth depresses external demand,” the report said.
FPIs pull out over Rs 6,200 cr in Oct so far as global recession fears loom
New Delhi: Foreign portfolio investors withdrew over Rs 6,200 crore from Indian capital markets in the first two weeks of October, as global recession fears and trade war concerns weighed on sentiments. Foreign investors pulled out a net amount of Rs 4,955.2...
Typhoon Hagibis: Biggest Japan storm in decades makes landfall
Prime Minister Shinzo Abe’s Cabinet hosted a disaster management meeting Friday. He said 17,000 police and military forces were ready to be deployed to ensure the safety of citizens. “The typhoon could cause power outages, damage to infrastructure and significantly affect people’s lives,” Abe said.
India’s passenger vehicle sales plunge 24% in September
Passenger vehicle sales dropped to 223,317 units in September, the Society of Indian Automobile Manufacturers (SIAM) data showed, while passenger car sales dived 33.4% to 131,281 units.
Kenyan farmers snap crops with phones to improve insurance payouts
“This project is trying to combine the information collected by farmers on their smartphones with satellite data. The combined data makes it easy to determine whether a farmer gets a payout,” said IDRC’s Njuki