Fuel efficiency: At Rs 2,728 crore, fine on car companies cut to 1/3rd
NEW DELHI: The penalty on nine carmakers that failed to meet the Corporate Average Fuel Efficiency (CAFE-2) targets for three years — FY23 to FY25 — has been revised to…
CII tells cos to work with govt, build reserves
NEW DELHI: Confederation of Indian Industry (CII) on Sunday called upon companies to work with govt to build reserves of raw material, fuel and strengthen supply chains amid disruptions from…
WTO talks stuck over e-commerce moratorium
NEW DELHI: WTO talks in Cameroon are deadlocked over a moratorium on e-commerce with the US seeking a long freeze on countries for levying tax on digital downloads and streaming,…
Bank account portability RBI’s priority for ‘Vision 2028’
MUMBAI: RBI has placed consumer empowerment through portable bank accounts and cross-border efficiency at the centre of its Payments Vision 2028, signalling a new focus to improving user experience and…
Govt eyes flexible-fuel vehicles’ faster rollout
NEW DELHI: The ongoing West Asia conflict and concerns over energy supplies have prompted govt to explore faster rollout of flexible-fuel vehicles (FFVs), which can run on blended petrol as…
KPMG UK puts nearly 600 audit jobs at risk as cost pressure deepens; advisory cuts also hit
KPMG’s UK arm has told nearly 600 employees in its audit business that their roles are at risk, as the Big Four firm moves to cut costs in a tougher…
Airlines must offer 60% seats free from April 20, DGCA says amid row over seat selection charges
Passengers flying within India will be able to choose a larger share of seats without paying extra from April 20, after aviation regulator DGCA directed airlines to offer at least…
NSE to launch Brent Crude futures from April after Sebi nod
The National Stock Exchange (NSE) has announced that launching Dated Brent Crude Oil (Platts) futures contracts in its commodity derivatives segment after receiving approval from Sebi. Trading in these contracts…
Market recap: Rs 1.75 lakh crore wiped off 7 of top-10 firms; Reliance leads losses
The holiday-shortened trading week took a toll on the country’s top companies, with seven of the ten most valued firms collectively losing Rs 1.75 lakh crore in market capitalisation. Reliance…
Helium And India: Up, up and away: Is the world running out of Helium gas?
Helium isn’t something most people think about, unless you’re in a lab, running an MRI, building chips, or inhaling it for that squeaky balloon voice. But what if the world…