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Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
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Teen "Newton Of Gaza" Creates System To Light Up Family Tent
Using two fans he picked up from a scrap market and rigged to some wires, teenager Hussam Al-Attar has created his own source of electricity to light up the tent where he and his family are living after being displaced by Israel's assault on Gaza.
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Tata Steel To Cut 800 Jobs At Netherlands Plant To "Bring Down Costs"
Indian-owned steelmaking giant Tata Steel announced Monday it was scrapping 800 jobs at its under-pressure plant in the Netherlands to "improve market conditions and bring down costs."
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UK Unveils Tougher Rules for Crypto Sector, Will Curb Advertising With 'Cooling Off' Periods, Risk Warnings
British consumers buying cryptoassets will get a 24-hour "cooling-off" period for the first time from October under tougher marketing rules unveiled by the financial regulator on Thursday. The Financial Conduct Authority (FCA) said "refer a friend" bonuses for crypto buyers would also be scrapped and that those promoting such assets would have to p...
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High Court Scraps Nagaland Order Banning Dog Meat Sale, Consumption
The Kohima Bench of Gauhati High Court has set aside the 2020 Nagaland Government order banning commercial import and trading and sale of dog meat in markets and dine-in restaurants.
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Dwayne Johnson Nixed Shazam! Fury of the Gods Post-Credits Scene, Lead Zachary Levi Confirms
Zachary Levi acknowledged and shared a report on Instagram, which claimed that Dwayne Johnson blocked a post-credits scene in Shazam! Fury of the Gods. The report claimed that Johnson wanted to put himself at the centre of the DC Universe and attempt to restructure it to fit his terms. The scrapped post-credits scene would have originally seen Shaz...
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UK Drops Tax Cut For Top Earners Amid Row, Liz Truss's 1st Policy U-turn
Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget sparked turmoil on markets and fierce criticism during a cost-of-living crisis.
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Union Minister Nitin Gadkari Aims To Have 2-3 Vehicle Scrapping Units In Every District
Union Minister Nitin Gadkari announced his aim to open 2-3 scrapping centres in every distract at the inauguration a new Registered Vehicle Scrapping Facility (RVSF) in Haryana.
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Chinese Automaker Geely Auto Scraps STAR Market Listing Plan
China's Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland's Nasdaq-like STAR Market.
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SBI Union, Others Urge Central Bank to Scrap Digital Payments Plan, Letter Shows
A union representing the largest state-run bank and a global alliance have asked the central bank to bar large companies from setting up payment networks, saying in a letter seen by Reuters that privatisation could compromise data safety.
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Attempt To Set Shops Ablaze In Srinagar Averted, Third Incident In 3 Days
A fire was narrowly averted on Sunday night in a posh market in Srinagar, the latest in a series of mysterious incidents in the city, officials said on Monday, suspecting that shop owners who have defied an undeclared shutdown against the scrapping Jammu and Kashmir's special status are being targeted.
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Maruti Suzuki-Toyota Plan To Set-up Scrappage Plant In India: Report
The Maruti Suzuki-Toyota partnership was confirmed in 2017, which would see the carmakers access either party's pool of vehicles that would be rebadged and sold under their respective brands. It now seems, the automakers are planning to take the partnership a step further and are in the process of setting up a scrappage plant together in India, a r...
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China Scraps List Of Recommended Auto Battery Suppliers: Ministry
China, the world's largest new energy vehicle (NEV) market, has seen increased investment from South Korean battery makers LG Chem Ltd and Samsung SDI Co Ltd amid expectations for a gradual change in policy.
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Hero Electric Is Offering Old Petrol Two-Wheeler Owners An Exchange Bonus Of Rs. 6000 To Switch To Electric Bikes
In a bid to promote electric mobility in the country, Hero Electric has announced a unique initiative for customers to switch from old petrol-powered two-wheelers to electric bikes. The manufacturer is offering flat Rs. 6000 over and above the market value of these old petrol two-wheelers that are either unsaleable or are at the end of their lifecy...
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Day Before DMK Protest, Court Suspends Centre's Ban On Cattle Trade For Slaughter
The Centre's new cattle trade rules - -which stops the sale of cattle for slaughter in animal markets -- has been put on hold for a month by the Madras High Court. The court has asked the Central and the state governments to file a reply on the matter within a month.
-
Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
-
Teen "Newton Of Gaza" Creates System To Light Up Family Tent
Using two fans he picked up from a scrap market and rigged to some wires, teenager Hussam Al-Attar has created his own source of electricity to light up the tent where he and his family are living after being displaced by Israel's assault on Gaza.
-
Tata Steel To Cut 800 Jobs At Netherlands Plant To "Bring Down Costs"
Indian-owned steelmaking giant Tata Steel announced Monday it was scrapping 800 jobs at its under-pressure plant in the Netherlands to "improve market conditions and bring down costs."
-
UK Unveils Tougher Rules for Crypto Sector, Will Curb Advertising With 'Cooling Off' Periods, Risk Warnings
British consumers buying cryptoassets will get a 24-hour "cooling-off" period for the first time from October under tougher marketing rules unveiled by the financial regulator on Thursday. The Financial Conduct Authority (FCA) said "refer a friend" bonuses for crypto buyers would also be scrapped and that those promoting such assets would have to p...
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High Court Scraps Nagaland Order Banning Dog Meat Sale, Consumption
The Kohima Bench of Gauhati High Court has set aside the 2020 Nagaland Government order banning commercial import and trading and sale of dog meat in markets and dine-in restaurants.
-
Dwayne Johnson Nixed Shazam! Fury of the Gods Post-Credits Scene, Lead Zachary Levi Confirms
Zachary Levi acknowledged and shared a report on Instagram, which claimed that Dwayne Johnson blocked a post-credits scene in Shazam! Fury of the Gods. The report claimed that Johnson wanted to put himself at the centre of the DC Universe and attempt to restructure it to fit his terms. The scrapped post-credits scene would have originally seen Shaz...
-
UK Drops Tax Cut For Top Earners Amid Row, Liz Truss's 1st Policy U-turn
Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget sparked turmoil on markets and fierce criticism during a cost-of-living crisis.
-
Union Minister Nitin Gadkari Aims To Have 2-3 Vehicle Scrapping Units In Every District
Union Minister Nitin Gadkari announced his aim to open 2-3 scrapping centres in every distract at the inauguration a new Registered Vehicle Scrapping Facility (RVSF) in Haryana.
-
Chinese Automaker Geely Auto Scraps STAR Market Listing Plan
China's Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland's Nasdaq-like STAR Market.
-
SBI Union, Others Urge Central Bank to Scrap Digital Payments Plan, Letter Shows
A union representing the largest state-run bank and a global alliance have asked the central bank to bar large companies from setting up payment networks, saying in a letter seen by Reuters that privatisation could compromise data safety.
-
Attempt To Set Shops Ablaze In Srinagar Averted, Third Incident In 3 Days
A fire was narrowly averted on Sunday night in a posh market in Srinagar, the latest in a series of mysterious incidents in the city, officials said on Monday, suspecting that shop owners who have defied an undeclared shutdown against the scrapping Jammu and Kashmir's special status are being targeted.
-
Maruti Suzuki-Toyota Plan To Set-up Scrappage Plant In India: Report
The Maruti Suzuki-Toyota partnership was confirmed in 2017, which would see the carmakers access either party's pool of vehicles that would be rebadged and sold under their respective brands. It now seems, the automakers are planning to take the partnership a step further and are in the process of setting up a scrappage plant together in India, a r...
-
China Scraps List Of Recommended Auto Battery Suppliers: Ministry
China, the world's largest new energy vehicle (NEV) market, has seen increased investment from South Korean battery makers LG Chem Ltd and Samsung SDI Co Ltd amid expectations for a gradual change in policy.
-
Hero Electric Is Offering Old Petrol Two-Wheeler Owners An Exchange Bonus Of Rs. 6000 To Switch To Electric Bikes
In a bid to promote electric mobility in the country, Hero Electric has announced a unique initiative for customers to switch from old petrol-powered two-wheelers to electric bikes. The manufacturer is offering flat Rs. 6000 over and above the market value of these old petrol two-wheelers that are either unsaleable or are at the end of their lifecy...
-
Day Before DMK Protest, Court Suspends Centre's Ban On Cattle Trade For Slaughter
The Centre's new cattle trade rules - -which stops the sale of cattle for slaughter in animal markets -- has been put on hold for a month by the Madras High Court. The court has asked the Central and the state governments to file a reply on the matter within a month.
