India's tyre exports bounce back in April-June quarter

India's tyre exports bounce back in April-June quarter

India's tyre exports have bounced back in the first quarter (April-June) of the current financial year with a 17 per cent jump to Rs 6,219 crore, according to a statement issued by the Automotive Tyre Manufacturers Association (ATMA). Aug 30, 2024
Nischal Shetty

CoinSwitch Takes Legal Action Against WazirX Over Stuck Funds

CoinSwitch, a leading cryptocurrency exchange, has initiated legal proceedings against its rival platform, WazirX. The lawsuit is an attempt to recover funds that have been stuck on the WazirX platform, which is run by Nischal Shetty. Aug 30, 2024
Online Passport Portal shut for 5 days for maintenance

Online Passport Portal closed for scheduled 5-Day Maintenance

The Indian government has declared that the online portal for passport applications will be temporarily unavailable for five days. The shutdown, which begins on August 29, 2024, and ends on September 2, 2024, is due to a routine maintenance exercise aimed at enhancing system performance and ensuring a smoother user experience in the future. Aug 29, 2024
Car manufacturers offer up to Rs 20,000 discount under new scrapping policy Car manufacturers offer up to Rs 20,000 discount under new scrapping policy

India's New Vehicle Scrapping Policy to Boost Cleaner and Efficient Vehicles

India's Vehicle Scrapping Policy encourages the replacement of old vehicles with cleaner ones, offering substantial discounts on new purchases. Major car manufacturers are offering discounts of 1.5% of the ex-showroom price or Rs 20,000, while Mercedes Benz India offers a flat discount of Rs 25,000. The policy also includes benefits like scrap value from Registered Vehicle Scrapping Facilities and tax concessions. The initiative aims to promote cleaner, safer roads and combat pollution, requiring coordination between manufacturers, scrapping facilities, and the government. Aug 29, 2024