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COVID-19 crisis: WMA limit hike for states to help reduce market borrowing cost

With the increased WMA limit, state governments are expected to plan their market borrowings in a better way rather than bunch up their borrowings, leading to oversupply issues.




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Coronavirus lockdown has severely disrupted supply chains, says Niti Aaayog CEO Amitabh Kant

The need of the hour is to promote remote working and expand gig economy, speakers at a Niti Aaayog-organised Webinar said.




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COVID-19 lockdown: No immediate relief in supply of goods

The stock of products with retailers currently is just about sufficient and distributors have been directed to supply them with quantities that will last for about four days or so.




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COVID-19 lockdown: Govt gives blanket extension of timeline for renewable projects

The move comes after renewable companies made representations to the government to allow a blanket extension for six months to overcome supply-side disruptions in completing the projects.




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New Development Bank meet: FM favours hike in emergency financing to tackle COVID-19 crisis

She also encouraged the NDB to take appropriate steps to join the G-20 forum, along with the multilateral development banks and international financial institutions.




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Southern India Spinners’ Association seeks relief from Tamil Nadu

The unprecedented situation created by Covid–19 pandemic and lockdown announced by both the Union and state governments from March 24 has led to severe disruptions affecting the economy and impacting people at large and the MSME spinning mills.




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IIT-M incubated start-up develops ‘Smart Bin System’ to prevent spread of coronavirus

In the case of Covid-19, hazardous waste is being generated in hospitals, quarantine zones or red zone areas within cities. They are potential sources of Covid-19 and can cause further spread within the locality.




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PM Modi tells ministries: Ensure farm credit is easy, review Essential Commodities Act

The prime minister is said to have suggested exploring possibility of creating commodity specific Board or Council so that cluster/contract farming takes place as that will help increase agricultural exports from the country.




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Supply crisis looms as arrival of vegetables, fruits down sharply at Delhi’s Azadpur mandi

Delhi’s Azadpur mandi, the country’s largest market yard for these items, saw arrivals of onion, tomato and potato drop by 14-31% during April 16-30 from the previous fortnight.




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Market reliance: Govt in a fix over raising H1 borrowing target

The central government will likely ramp up market borrowing in the second half of this fiscal, but may be forced to stick to its target for the first half at the moment.




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Migrant workers: House panel opposes move to cap minimum wages

The Centre’s bid to arrogate to itself the power to fix the wage floor for inter-state migrant workers in the name of uniformity across the country has hit a hurdle.




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Highway projects: Infrastructure panel wants HAM curtailed, favours BOT model; here’s why

The Hybrid Annuity Model (HAM) for highway projects that insulates private developers from virtually any commercial risks, is putting stress on the highly-leveraged balance sheet of the National Highways Authority of India (NHAI), and should therefore be ‘downplayed’.




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COVID-19 crisis: Nobel laureate Abhijit Banerjee for large fiscal stimulus, cash transfer to poor

Nobel laureate Abhijit Banerjee has recommended that India offer cash to the poorest 60% of its population and waive off loan repayments for small businesses in the June quarter, as he pitches for a large enough fiscal package to stimulate demand in the economy ravaged by the novel coronavirus crisis.




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Coronavirus lockdown 3.0: States up taxes on auto fuels, liquor for income

At least 13 states hike VAT on petrol/diesel since mid-March, many make liquor costlier with new imposts.




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Delhi hikes VAT on petrol, diesel — check new rates

Diesel prices in Delhi went up to Rs 69.39 per litre on Tuesday, a surge of Rs 7.10 per litres, as the state government increased the value added tax (VAT) on diesel from 17% to 30%.




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Co-operative banks can invoke SARFAESI Act, seize and sell defaulters’ assets to recover dues, says SC

The SARFAESI Act, which is now rarely being used after the Insolvency and Bankruptcy Code has come into existence since 2016, allows banks to seize, take control, manage and sell assets of defaulting borrowers without the intervention of any court/tribunal and also ensures speedy recovery.




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COVID cess on liquor: Kerala may go Delhi way

Following the devastating flood in 2018, the state had collected a flood cess which had fetched Rs 308.68 crore to the state exchequer.




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UP hikes taxes on liquor, fuels; hopes to mop up Rs 4,500 crore annually

Grappling with low revenues following the outbreak of Covid-19 and the subsequent lockdown, the UP government hiked the value added tax (VAT) on petrol and diesel and increased the excise duty on liquor.




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Procedural relief to GST payers, but experts say no substitute for financial package

The e-way bill generated on or before March 24 and expiring during the March 20-April 15 period would now be valid till May 31.




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Italian ‘Arte Povera’ art critic Germano Celant dies

Through key exhibitions and texts, Celant was an influential proponent of the work of young Italian artists in Turin, Milan, Genoa and Rome, working with natural materials and elements such as dirt, sticks or rags who were seeking to challenge the commercial art scene at the time




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Colson Whitehead’s ‘The Nickel Boys’ wins Pulitzer Prize

Several of the works honored in the arts explored race in American culture, including the music winner, Anthony Davis’ opera The Central Park Five. It tells of the wrongful conviction of five black and Latino teenagers for the 1989 assault on a white female jogger in Central Park. Five adult singers depicted the group as boys and men in Davis’ opera




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Met Opera Mezzo Rosalind Elias dies at 90

Born in Lowell, Massachusetts, on March 13, 1930, Elias was the youngest of 13 brothers and sisters whose parents had migrated to the U.S. from the region later called the Republic of Lebanon




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Virus tributes unite walls dividing Belfast

Since 1998, Northern Ireland's murals have shifted from glorifying gunmen towards depictions of happy times. The tributes to frontline healthcare workers could be a similar sign old wounds are healing




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Greece’s ‘invisible’ artists call for help in virus squeeze

In a country where art is widely seen as a pastime, and performers have long struggled to secure steady pay and royalties, the closure of theatres and cinemas and the cancellation of summer festivals has wrought havoc




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The truly autonomous car is here: Volvo, Uber unveil production ready self-driving vehicle

The Volvo XC90 SUV presented this week is the first production car that in combination with Uber’s self-driving system is capable of fully driving itself.




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Review: Hyundai Kona electric car shows petrol, diesel vehicles their place in history

The Kona Electric is lightning quick from any speed to any speed, because the massive 395Nm of torque is delivered instantly by the electric motor, unlike a petrol/diesel vehicle where the engine needs to reach a particular RPM to deliver similar power




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Zero-emission electric truck showcased by ABB in Switzerland

Electric truck by ABB showcased in Swiss capital, Bern.




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Toyota wins 24 Hours of Le Mans race with hybrid electric vehicle

The first Japanese automaker to win the title twice with a self-charging hybrid electric vehicle—the TS050.




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Has the Seltos set a new benchmark for SUVs?

The Seltos has a modern design, and one that the next-generation Creta (likely in 2020) could take some cues from.




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How can the budget help ensure sustainable growth for auto industry

How can the budget help ensure sustainable growth for auto industry




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Interview | Hybrid is the right technology for sustainable transition to EVs: Rajesh Goel

The Indian passenger vehicle (PV) market is going through its worst phase in almost a decade, but Rajesh Goel, senior vice-president & director, Sales & Marketing, Honda Cars India, believes that as the festive season approaches, the market should revive.




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Audi E-Tron: Audi to go electric in India

This sporty full-size SUV carries a lot of design elements from conventional Audi SUVs, including an expressive sill area and the light grey Singleframe grille.




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Hyundai Kona Electric review: You get exclusivity, feeling of setting a benchmark

The Kona Electric, the world’s first electric compact SUV, was launched in India last week. Priced Rs 25.3 lakh, it’s available for sale in 11 cities.




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Hyundai Kona Electric’s range of 452 km is in ‘ideal’ test conditions: YS Kim, R&D Division, Hyundai Motor Group

Our next EV will be developed on the dedicated Electric-Global Modular Platform (E-GMP), and that car will be launched globally in early 2021. That platform will be used for Hyundai, Kia and Genesis EVs.




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Two-wheelers: What dealers must do to retain customers

Quick and efficient service plays a crucial part in dealer profitability




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Destination India: Travels to the land of the rising sun

We drive from Guwahati in Assam to Pasighat, the oldest town of Arunachal.




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Designing the perfect range map for electric cars

MapmyIndia says it has a solution that tells the exact range of an electric car, as it is being driven




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Royal Enfield drives Studio Stores to spread reach, cut dealership cost

For the April-July 2019 period, domestic sales declined by 22% to 2,23,612 units (as compared to 2,86,726 units sold in the same period last fiscal).




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Ducati’s power cruiser, the Diavel 1260, launched

The new Diavel 1260 is powered by the 1262cc Ducati Testastretta DVT engine with variable cam timing, which has been upgraded to optimise performance and is equipped with the chain-type final transmission.




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Know the steps needed for increased adoption of electric vehicles

While EVs are cost-competitive in the long run, by 2025 they are also expected to be cost-effective in terms of upfront cost, vis-a-vis petrol/diesel vehicles.




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Hyundai Motors to showcase electrified prototype displaying this concept

The all-new i10 will receive its public world premiere, alongside a special version of the model




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This Volkswagen first model to celebrate world premiere at Frankfurt Motor Show

The ID.3 is the first fully electric model based on the new MEB platform




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Volve XC90 Excellence Lounge: When a luxury car gets business jet treatment

The most exquisite car Volvo has ever made




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Electric design with a Porsche DNA

Looks much like Mission E Concept that debuted at Frankfurt Motor Show 2015




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TVS Sport sets a new record for ‘highest fuel efficiency on a motorcycle ‘at 76.4 kpl

Sets a new record for ‘highest fuel efficiency on a motorcycle’ at 76.4kpl




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Mahindra Electric accelerates product development of EVs using Dassault Systemes software

Technology will play a crucial role in developing the EV ecosystem including in design, simulation, manufacturing and developing the overall vehicle cycle.




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Electric vehicles: The way forward for early adoption

On the government’s part, these include NEMMP (National Electric Mobility Mission Plan) and FAME II (Faster Adoption and Manufacturing of Hybrid and Electric vehicles).




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Doom Eternal runs pretty well even on low-end hardware




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Tips to help you improve your social media game




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Agent001 helps you get started with podcasts