India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
New Delhi: Only seven vehicles were impounded in the city on Wednesday, the second day of the drive to deny fuel to end-of-life vehicles (ELV). The vehicles are later sent to registered vehicle-scrapping facilities. Sources in the transport department said another 78 vehicles were found overaged but were not impounded as they had no-objection certificates. The figures were a sharp dip from Tuesday's numbers, when 80 vehicles were impounded. Nischal Singhania, president of Delhi Petrol Dealers Association, said it was a very dull day at petrol pumps. "In general, the number of vehicles was also less, and hardly any overaged vehicles came." He said technological issues seen on the first day were largely sorted Wednesday, but the camera placements need to be improved. Another petrol pump owner said, "If out of 60 vehicles, we are catching just seven on the second day, then there is a need for a rethink. Are we investing our resources in the right direction?" "We all want polluted vehicles to go off the road, but overage vehicles are not always the most polluted ones if they are being maintained properly. On the other hand, a new vehicle, if not serviced properly, will end up causing more pollution," he noted. There is a need to see if the number of overage vehicles taking fuel from NCR has increased, he added. The estimated population of overage vehicles until March 2025 in Delhi is over 60. In 2023, over 22,000 vehicles were impounded while in 2024, more than 39,000 were seized and sent for scrapping. On Monday, enforcement teams seized 80 vehicles that exceeded the permissible age limit. According to senior officials, this included 67 two-wheelers, 12 four-wheelers and the remaining of other categories. The drive will continue as per CAQM instructions, they said. Following an announcement that all ELVs would not only be denied fuel in Delhi but also be impounded and taken for scrapping from July 1, all fuel pumps have been equipped with technology to identify petrol-run vehicles older than 15 years and diesel-run vehicles older than 10 years. Vehicles running on CNG are exempted from action. ANPR cameras have been installed at 382 fuel stations, enabling real-time recording and tracking of vehicle data through a centralised database. Within microseconds of reading a vehicle's numberplate at a filling station, ANPR matches it with Vahan data and detects ELVs.
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Around 500 fuel stations in Delhi have inst ...Read More >
NEW DELHI: You can soon lend your bike to bike taxi operators and other app-based service providers and get paid for it. This follows the Ministry of Road Transport and Highways' (MoRTH) decision to revise the Motor Vehicles Aggregator Guidelines to allow the use of private (non-transport) motorcycles for passenger transport and hyperlocal deliveries through app-based aggregators. The move, announced on Tuesday, empowers state governments to permit private bike owners to operate as shared mobility service providers, essentially legalising the use of private bikes as bike taxis; a service tha ...Read More >
New Delhi, Jul 3 (PTI) The Delhi government on Thursday urged the Centre's air quality panel to immediately suspend the fuel ban on overage vehicles and said it will also make "all out efforts" to resolve issues related to restrictions on the movement of end-of-life vehicles on the city's roads. In his letter to Commission for Air Quality Management (CAQM) chairman Rajesh Verma, Environment Minister Manjinder Singh Sirsa said the fuel ban is not feasible and that it cannot be implemented due to technological challenges. The move three days after the ban came into effect in the national capit ...Read More >
Delhi's air pollution continues to worsen, with the Air Quality Index (AQI) hitting a hazardous 490, despite the government's 21-point plan to tackle the issue. The city’s residents are struggling to breathe, even indoors, and hospitals are overwhelmed with patients facing respiratory problems. The pollution crisis is exacerbated by the lack of cooperation among Delhi and neighboring states, and the central government, with each blaming the other. This pollution not only threatens public health but also jeopardizes Delhi's economic future, as it could drive away professionals and harm business ...Read More >
New Delhi [India], June 7 (ANI): In view of rising pollution levels, the Commission for Air Quality Management (CAQM) has enforced Stage-I of the Graded Response Action Plan (GRAP) in Delhi-NCR with immediate effect. The action came after Delhi's Air Quality Index (AQI) was recorded at 209, which falls under the 'Poor' category. The decision was a comprehensive review by the CAQM Sub-Committee, which convened on Saturday and reviewed the air quality scenario in the region, as well as the IMD/IITM forecasts and air quality index of Delhi comprehensively. 'The AQI of Delhi has shown an increa ...Read More >
The Delhi-Mumbai Expressway's Wayside Amenity Stations, initiated by NHAI, are revolutionizing the travel experience for long-distance truck drivers. These driver-centric stations offer essential facilities such as rest areas, dining, and refueling, significantly enhancing comfort, safety, and convenience for India's highway heroes. The Delhi-Mumbai Expressway, one of the most ambitious infrastructure projects by the Ministry of Road Transport and Highways, is setting new standards in eco-sensit ...Read More >
New Delhi, June 30 (SocialNews.XYZ) Starting Tuesday, the Delhi government is planning to stop the sale of petrol and diesel to end-of-life (EoL) or over-age vehicles - a move aimed at fighting vehicular emission-linked air pollution in the Capital, an official said. Petrol pump owners on Monday confirmed that Automatic Number Plate Recognition (ANPR) cameras and other devices linked to the transport ministry's data bank have been installed at their outlets to identify EoL vehicles. The Commission for Air Quality Management (CAQM) has issued a direction that all EoL vehicles identified throu ...Read More >
Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >
NEW DELHI: Lieutenant governor VK Saxena has given his approval to the reconstitution of Delhi Building and Other Construction Workers Welfare Board, paving the way for govt to prepare a scheme to provide compensation to the construction workers who lost work due to the implementation of GRAP IV provisions. The board was not in place for the last couple of years. While giving his nod to its reconstitution, LG directed that immediate steps should be taken to implement Supreme Court directions to provide subsistence allowance to workers affected due to restrictions on construction activities be ...Read More >
Delhi residents breathed easier Thursday as air quality improved to 'moderate' after a month of severe pollution. The AQI dropped to 161, though some areas still experienced 'poor' air quality. Cooler temperatures and mist accompanied the improved air, with the minimum temperature reaching 9 degrees Celsius. The Supreme Court maintained GRAP-IV restrictions, demanding compensation for construction workers from NCR states.Residents in Delhi took a sigh of relief on Thursday as the air quality inde ...Read More >
New Delhi: The BS3 petrol and BS4 diesel vehicle ban has been lifted in Delhi after the Air Quality Index (AQI) improved to the moderate category. The Supreme Court allowed the Commission for Air Quality Management (CAQM) to ease restrictions due to the improvement in the national capital's air pollution situation. Delhi had been facing high pollution levels, which led CAQM to enforce Stage 4 of the Graded Response Action Plan (GRAP). The court has now asked the commission to apply GRAP Stage 2. ...Read More >
New Delhi [India], June 29 (ANI): The Delhi government has requested Rs 1,000 crore in funding from the Central government to deploy new technology and implement measures aimed at reducing the Air Quality Index (AQI) of the national capital, Minister Parvesh Sahib Singh said on Sunday during an inspection of Nehru Park. Minister Singh visited Nehru Park along with Delhi Environment Minister Manjinder Singh Sirsa, as part of the government's initiative to install air purifiers in the area. Also Read | US: 24-Year-Old Indian Woman Simran Simran Goes Missing Days After Arriving for Arranged Mar ...Read More >
Delhi's Artificial Rain Through Cloud Seeding: To combat air pollution, Delhi is set to witness the first trial of artificial rain, with cloud seeding operations between July 4 and 11. Delhi Environment Minister Manjinder Singh Sirsa said the flight plan has been submitted by the Indian Institute of Technology (IIT) Kanpur to the India Meteorological Department (IMD) in Pune. He said the current weather conditions are not suitable for cloud seeding until July 3, but a tentative flight window has been proposed between July 4 and 11. He added that a proposal has also been sent to the Directorat ...Read More >
New Delhi, July 1 (SocialNews.XYZ) In a major move to combat air pollution, the Delhi government has enforced a strict fuel ban on 'end-of-life' (EoL) vehicles -- petrol vehicles older than 15 years and diesel vehicles older than 10 years -- from being refuelled at petrol pumps across the national capital. Authorities confirmed that two motorcycles have already been identified and seized under the new enforcement, and the vehicles will be scrapped in accordance with the official policy. The crackdown follows the alarming findings by the Centre for Science and Environment (CSE), whose Novembe ...Read More >
New Delhi: The Delhi High Court on Wednesday sought responses from the state government and the Commission for Air Quality Management (CAQM) in the National Capital Region on a petition challenging fines and prosecution against fuel retailers for violating restrictions imposed on refuelling more than 10-year-old diesel and more than 15-year-old petrol cars. From Tuesday, petrol pumps in the NCR stopped refuelling these so-called end-of-life vehicles, following a notice from CAQM. Vehicular pollution is cited as one of the key contributors to pollution in NCR, among the world's most polluted u ...Read More >
New Delhi, July 3 (SocialNews.XYZ) The Delhi High Court has agreed to examine a plea challenging the city government's policy to penalise and prosecute the petrol pump owners if they refuel 'end-of-life' (EoL) vehicles -- petrol vehicles older than 15 years and diesel vehicles older than 10 years. A bench of Justice Mini Pushkarna issued notice and sought responses from the Delhi government and the Commission for Air Quality Management (CAQM) on the plea filed by the Delhi Petrol Dealers Association. As per the petition, the "arbitrary" and "irrational" SOP (Standard Operating Procedure) iss ...Read More >
New Delhi [India], July 3 (ANI): The Delhi NCT government on Thursday requested the Commission for Air Quality Management (CAQM) to place on hold the enforcement that mandates the denial of fuel to end-of-life vehicles in Delhi. In a letter to the Commission, Delhi Minister for Environment, Forests, and Wildlife, Manjinder Singh Sirsa, wrote that soon after the implementation of the direction, which came into effect on July 1, 2025, it was revealed that "certain issues" needed to be addressed before they could be fully implemented. Also Read | Happy Fourth of July 2025 Wishes and Quotes: Sen ...Read More >
Delhi is facing worsening pollution and erratic weather patterns, with the air quality regularly reaching dangerous levels. This is partly due to climate change, with temperature rises and unpredictable rainfall patterns caused by global warming. The industrial revolution has played a significant role, contributing to the rise in global temperatures. The effects are already being felt, with 2024 witnessing record-breaking heat in India. Despite this, there is little action from society or leadership, with courts repeatedly stepping in to address issues like pollution and farm fires. The need f ...Read More >
New Delhi [India], July 1 (ANI): Oil marketing companies revised the prices of commercial LPG gas cylinders on Tuesday, reducing the cost of a 19 kg commercial cylinder by Rs 58.50. The new rates came into effect from July 1, bringing relief to commercial users such as hotels, restaurants, and businesses. While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs 1665, down from the previous rate. There was, however, no change in the price of 14.2 kg domestic LPG cylinders, which are widely used in households. Also Read | Bhopal Shocker: ...Read More >
NEW DELHI: Reacting to Delhi's fuel ban on diesel vehicles older than 10 years and petrol vehicles older than 15 years from today, AAP leader Saurabh Bharadwaj said that this step was impractical and the BJP did not know how to run the government. Saurabh Bharadwaj said, "Didn't they have any other way of stopping old vehicles? Now that the Monsoon has hit Delhi, will they conduct a pilot project for artificial rain? You've (BJP) filled in small potholes but left the larger ones as they are. Owners of Petrol Pump Associations say that this step is impractical. Will the petrol pump operator fi ...Read More >
New Delhi [India], July 1 (ANI): The Delhi Police on Tuesday seized two end-of-life vehicles (ELVs), a 15-year-old petrol bike and a 10-year-old diesel bike, from a petrol pump in the city, as part of its ongoing enforcement of scrappage rules for outdated vehicles. Traffic officials confirmed that both motorcycles were found operating in violation of the National Green Tribunal (NGT) guidelines, which prohibit the use of petrol vehicles older than 15 years and diesel vehicles older than 10 years in the national capital. While speaking to ANI, Ashok Kumar, Traffic Inspector, said, 'Two motor ...Read More >
New Delhi: In a temporary relief for thousands of motorists who drive overage vehicles in the national capital, the Delhi government has written to the Commission for Air Quality Management (CAQM), saying the fuel ban on overage vehicles is not feasible due to technological challenges and complex systems. Addressing a press conference here, Delhi Environment Minister Manjinder Singh Sirsa on Thursday said that there was discontent among people due to this move and the government stood with them. The government has suggested that the ban should be implemented across the National Capital Regio ...Read More >
New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could slow and expansion plans may take a hit. In April this year, China imposed an export curb on rare- ...Read More >
New Delhi: Soon, you may travel to Haridwar, Ayodhya, Rishikesh, Meerut and Baghpat in electric buses run by Delhi govt. Plans are in place to roll out 100 electric inter-state buses, which will connect seventeen routes to the national capital.A senior official of Delhi Transport Corporation said that the buses would cover areas between 250 and 300 km from the city. The routes are also likely to include Shimla, Lucknow, Aligarh and Jaipur. The decision was taken during a DTC board meeting on Friday.Transport minister Pankaj Singh said, "These electric buses will strengthen Delhi's connectivity ...Read More >
HYDERABAD: In a major move aimed at reducing pollution and improving urban transport in Hyderabad, the Telangana government has approved the introduction of 65,000 new eco-friendly auto rickshaws within the city limits and the Outer Ring Road (ORR). The decision, driven by Transport Minister Ponnam Prabhakar and aligned with Chief Minister Revanth Reddy's vision, is expected to contribute to environmental sustainability and employment generation. The state issued GO No. 263 relaxing the long-standing cap on new auto rickshaw permits within Greater Hyderabad. For over two decades, restriction ...Read More >
NEW DELHI: The Delhi government is set to deploy joint enforcement teams from the transport department, traffic police, and MCD at fuel stations to implement the ban on refuelling end-of-life vehicles (ELVs) from July 1. These teams will monitor compliance on the ground and impound any vehicles found violating the directive. "We will deploy a team comprising transport and traffic police officials at each of these fuel stations. They will ensure that there is no law-and-order problem while implementing the system," said Ajay Chaudhary, Special Commissioner (Traffic), Delhi Police. End-of-lif ...Read More >
New Delhi: Delhi govt has issued a standard operating procedure (SOP) to enforce the ban on refuelling end-of-life (EoL) vehicles, with CNG pumps being exempted. According to a directive from Commission for Air Quality Management, beginning July 1, all EoL vehicles-diesel vehicles older than 10 years and petrol vehicles older than 15 years-will be prohibited from being refuelled in Delhi. The revised SOP states, "It is hereby clarified that CNG vehicles shall not be denied fuel. Accordingly, any reference to CNG in the SOP should be disregarded." The denial of fuel shall strictly apply only t ...Read More >
Hyderabad: The government announced on Saturday that it would grant permits for 65,000 green autorickshaws to ply within the Outer Ring Road (ORR) limits. Permission has been granted for operating 20,000 electric autorickshaws, 10,000 fuelled by CNG, 10,000 by LPG and 25,000 retro-fitted electric three-wheelers. No permissions shall be given to petrol or diesel autorickshaws. Earlier, no new autorickshaws were delivered or sold to people unless they submitted a certificate issued by the transport department that they had scrapped their old vehicles. Government's special chief secretary Vikas ...Read More >
New Delhi/Noida, Jun 27 (PTI) End-of-life vehicles detected at fuel stations or found parked at public places will be impounded and a penalty of Rs 10,000 imposed on four-wheeler owners and Rs 5,000 on two-wheeler owners starting July 1, officials said on Friday. EOL vehicles are diesel vehicles older than 10 years and petrol vehicles older than 15 years. Irrespective of the states they are registered in, they will not be given fuel in Delhi starting July 1, according to directions issued by the Commission for Air Quality Management (CAQM) earlier. Also Read | UK F-35B Lightning II Stealth F ...Read More >