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Auto sales remain in slow lane in FY22; two-wheeler dispatches lowest in 10 years

by AIP Online Bureau | Apr 13, 2022 | Data, Eco/Invest/Demography, Non-Life

SIAM noted that the two-wheeler dispatches in last fiscal were the lowest in 10 years. Similarly, passenger vehicle dispatches last fiscal were below 2017-18 and 2018-19 levels. ”While some segments like commercial vehicles and SUVs are seeing improvement in...

India’s mandatory airbag proposal will hurt sales, says top carmaker

by AIP Online Bureau | Apr 13, 2022 | Indian News, Policy

India, which has some of the world’s deadliest roads, released a draft proposal in January mandating six air bags in all passenger cars manufactured from Oct. 1. The draft rules, part of a series of road safety measures, are yet to be finalised Providing driver...

Govt in discussion with World Bank for collaboration on coal mine closure framework

by AIP Online Bureau | Apr 13, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

Coal Additional Secretary M Nagaraju said both renewable energy (RE) and coal will go hand in hand complementing each other for some more time and then RE will take over the energy security of the country The ministry had earlier said it is in the process of...

Six charred to death after blast at Indian chemical plant

by AIP Online Bureau | Apr 11, 2022 | Disaster & Management, Indian News, Non-Life

Ahmedabad: A massive blaze touched off by an explosion at a chemicals plant in India’s western state of Gujarat charred to death at least six people before it was brought under control, authorities said on Monday. The blast on Sunday night took place in a hub...

For 3rd quarter in row, startup funding crosses $10 bn in Q1, creates 14 unicorns

by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Technology

Creation of 14 more unicorns takes the overall tally of startups with over USD 1 billion valuation in the country to 84 now, according to a PwC India report Amit Nawka, the startups leader at the consultancy, told PTI that despite uncertainties in the global economic...
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