-The Indian Express New Delhi: You might not know it, but the next time you park your diesel vehicle at the shopping mall and answer that ringing phone, you would have done your bit to release a small portion of poison into Delhi's air. Not once, but thrice. From the exhaust fumes of your car to the generator sets that keep the mall alive, and the mobile tower active. So much so,...
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Big cities are gasping for fresh air; air pollution worsens in metros-Shelley Singh
-The Economic Times Along with your tablet, smartphone and car keys, get ready to pack a gas mask. And if you thought the recent smog in Delhi and the more-than-usual pollution levels (20% higher) in the last fortnight were due to the burning of residual crop in Punjab and Haryana, you are wrong. After a steady improvement since the late-1990 s, the air in Delhi — and all other Indian cities —...
More »Excise levy may be raised on diesel cars-Amrit Raj
Finance ministry asks automobile sector to submit a report on the impact of such a move within a week’s time The government appears to have made up its mind to increase excise duty on diesel cars to neutralize the advantage of the state subsidy that has prompted motorists to increasingly favour vehicles powered by the fuel that’s Rs.30 a litre cheaper at the pump than petrol. Indications that the government is leaning...
More »High-level meet to discuss tax on diesel cars-Amrit Raj
A day after the Central Board of Excise and Customs (CBEC) said finance minister Pranab Mukherjee was considering an increase in excise duty on diesel cars, a consensus seems to be building within the government, with the oil ministry supporting the move. Following this, key stakeholders involved in taking a decision on increasing excise duty on diesel vehicles are likely to meet on Wednesday, according to three people, including a top...
More »Petrol consumption may decelerate in FY12 by Amrit Raj
The growth rate of petrol consumption is set to fall below 5% in the current fiscal, the first time in five years. Meanwhile, the consumption of diesel continues to grow at 7%, adding to the losses of the oil marketing companies on account of subsidies. In India, diesel is subsidized while petrol is not, and the price difference has led to more buyers opting for vehicles driven by the cheaper fuel. According...
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