by AIP Online Bureau | Jun 28, 2023 | Data, Eco/Invest/Demography, Non-Life, Technology
In the total 2.7 lakh crore vehicles churned out last fiscal, the commercial vehicle segment, which includes small 4-wheel carrier with less than 2-ton capacity to large tractor trailers and specialty vehicles like tippers, share stood at 10-lakh vehicles Production...
by AIP Online Bureau | May 4, 2023 | Indian News, Policy, Regulation
A bench of Chief Justice Satish Chandra Sharma and Justice Tushar Rao Gedela noted that crash guards and bull bars on motor vehicles are not allowed and the government agencies shall implement the provisions of law rigorously New Delhi: The Delhi High Court Wednesday...
by AIP Online Bureau | Jan 19, 2023 | Eco/Invest/Demography, Indian News, Non-Life
Under the new policy which is effective from April 1, 2022, the Centre has said states and Union Territories will provide up to 25 per cent tax rebate on road tax for vehicles that are purchased after scrapping old vehicles. New Delhi: From April 1, all vehicles owned...
by AIP Online Bureau | Jan 5, 2023 | Data, Eco/Invest/Demography, Non-Life
The passenger vehicle (PV) category during this period continued to gain new grounds by clocking 34.31 lakh retails during the full year. This is by far, the highest retails which PV has done till date.” Singhania, however, lamented that the two-wheeler segment...
by AIP Online Bureau | Sep 7, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Majority of claims would be related to vehicle damage. Bengaluru: Insurance companies have started receiving claims for the vehicles damaged due to floods in India’s IT hub Bengaluru. Incessant rain and and consequent waterlogging in many parts of the city led...
