Livemint.com The automobile industry witnessed a strong start to 2023 with retail sales across segments, including passenger and commercial vehicles, and three-wheelers, surpassing the 2020 pre-pandemic levels in January. However, declining income of rural households continued to impact sentiments of two-wheeler buyers, resulting in 13% lower sales during January from a year ago, vehicle registration data compiled by Federation of Automobile Dealers’ Association (Fada) showed. Vehicle registration was up 14% in the...
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Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap
There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
More »Are we choosing the right solutions for reducing GHG emissions from the transport sector?
The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
More »Why e-rickshaws are no big draw for Delhi drivers despite Kejriwal govt’s purchase subsidy -Sukriti Vats
-ThePrint.in While govt says subsidies have been availed on 9,558 e-rickshaws to date, data compiled by road ministry portal Vahan 4.0 has shown dip in registration of e-rickshaws since 2019. New Delhi: While electric rickshaws, or e-rickshaws, can be spotted on the streets of Delhi any given time of day, their more primitive predecessors, the three-wheeler cycle rickshaws continue to remain a prominent mode of transport, straining to keep up with the...
More »Major landslide in Himachal's Kinnaur, more than 40 feared buried
-Hindustan Times The Indo-Tibetan border police (ITBP) said that the incident occurred at around 12:45pm on the Reckong Peo-Shimla highway in the Kinnaur district. A major landslide was reported from the Kinnaur district in Himachal Pradesh on Wednesday. The incident is feared to have buried more than 40 people under the debris, according to news agencies. Citing deputy commissioner Abid Hussain Sadiq, PTI reported that several vehicles, including a Himachal Road Transport...
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