NEW DELHI: India’s commercial vehicle industry needs a stronger and well-designed vehicle scrappage policy to accelerate the replacement of old trucks, cut pollution and lower logistics costs, Ashok Leyland MD and CEO Shenu Agarwal said, as the sector sees a sharp demand rebound after GST 2.0.According to Siam, commercial vehicle sales touched a record 10.3…
Wholesale inflation in November was down 0.32%, thanks to falling prices of food articles, oils and electricity. However, the figure was still 0.71% up as compared to the previous month, when the WPI recorded a sharp plunge of 1.21%. This increase is attributed to the month-on-month increase in the prices of pulses and vegetables, according…
NEW DELHI: Congress on Wednesday slammed the Centre’s directions to states to impose a ban on granting new mining leases in the Aravalli range, calling it a “bogus attempt at damage control that will not fool anybody”Congress general secretary Jairam Ramesh alleged that despite the fresh directive, “the Aravallis are not being saved, but are…
MUMBAI: Strong selling in IT stocks, led by sector leaders Infosys and TCS, pulled sensex down by 559 points on Thursday to close at 83,675 points, BSE data showed. Nearly 400 points of the index’s fall was contributed by the slide in these two stocks, mainly on the back of questions about the viability of…
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AIADMK leader D Jayakumar (File photo) NEW DELHI: The Royapuram assembly constituency in north Chennai has emerged as a key political battleground ahead of the Tamil Nadu assembly elections on April 23, with counting scheduled for May 4. Long considered an AIADMK stronghold under veteran leader D Jayakumar for over three decades, Royapuram swung to…
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NEW DELHI: Indian space company Agnikul Cosmos on Wednesday announced that it has successfully tested its 3D-printed booster engine, ‘Agnite’, which can reduce production complexity and turnaround time for missions.The engine, which is a single-piece architecture, can be fully printed within a week, unlike traditional booster engines that comprise thousands of parts and can take…
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