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Transport ministry working on toll policy to provide benefits to bus operators using national highways: GadkariThe road transport ministry is formulating a toll policy to benefit state and private bus operators using national highways. The government...- Iron ore looks set for a tumble as major stimulus hopes fadeIron ore prices rose from early November on optimism a post-pandemic economic rebound was arriving, but then fizzled as the recovery slowed.
- Solar industry facing whiplash from volatile equipment pricesThe volatility is rippling across the solar supply chain and pressuring manufacturing giants even as they plan expansions to provide the wo...
- Metals haven't crashed this hard since the great recessionFor a metal like copper, its uses in everything from heavy industrial machinery to advanced electronics mean the market is tightly linked t...
- Solar’s growth stumbles just as the world needs it mostThese setbacks may only be temporary, with delays in installations expected to be largely resolved by the end of 2022 when new solar factor...
- Bus operators on the brink of bankruptcy, millions lose jobs as sector loses Rs 1.3 lakh crThe sector employs 10 million, who in turn support the lives of 40 million people. Once the moratorium conditions are lifted, easily 300,00...
- Passenger transport operator bodies say sector on verge of collapse, seek govt helpThe two bodies said transporters in Delhi alone have suffered a financial loss of Rs 65,000 crore in the past two months and the business h...
- BOCI writes to IRDAI for extension of vehicle insurance validityBOCI operators run 17 lakh buses and account for 30 crore passenger trips. Its members also operate 1.1 million cars which are used for int...
- COVID-19 has led to 20 lakh job losses in bus, taxi sector; more on anvil: Industry BodyIndustry body Bus & Car Operators Confederation of India (BOCI), which claims to represent 20,000 operators with 15 lakh buses and maxi-cab...
- Commercial Vehicle owners push for extension of policy, but insurers disagreeVehicle owners want to invoke the Indian Motor Tariff Endorsement 11, which asks insurers to either extend the policy or reduce the premium...
- Over 3.5 million drivers don’t have a vehicle to make both ends meetAn estimated 1.6 million buses and one million cars of about 20,000 small, medium and large passenger transport operators in the country ar...
- China’s fiscal coffers are depleted just as coronavirus spurs spendingChina hasn’t exceeded a national deficit ratio of 3% of gross domestic product since at least 2009.
- China’s new Silk Road cuts through some of the world’s riskiest countriesOutlining a road-map for his nation through 2050 at this month’s 19th Party Congress, Xi said the Belt and Road Initiative is pivotal.
- Government plans Rs 1,000 crore funds for setting up bus terminalsWe have a Rs 1,000-crore funding plan to assist states in setting up of world class busports (large bus terminals), said Nitin Gadkari.
- Switch to electric or ethanol, Nitin Gadkari tells bus operatorsAddressing over 3,000 bus operators in Navi Mumbai for a three-day Bus Expo Prawas, Gadkari said the buses running on diesel are not good f...
- Sluggish iPhone 5 demand hits component suppliersThe suppliers’ declines on Tuesday were limited by earlier reports the iPhone 5 was trailing sales targets and that Apple was cutting produ...
- BOC India bags contract from Tata Steel; to invest Rs 540 croreBOC India today said it has bagged a contract from Tata Steel for long-term supply of industrial gases and will invest Rs 540 crore to meet...
- BOC India to invest Rs 540 crore for air separation plants in Kalinganagar, OdishaBOC India, a member of The Linde Group, announced that it has been awarded a major long term industrial gases supply contract by Tata Steel.
- BofA sells $7.3B stake in China Construction BankBank of America Corp. sold part of its stake in China Construction Bank for some $7.3 billion as the US lender seeks to raise billions more...
- World's biggest casino in Macau; India on radarLas Vegas Sands' chairman Sheldon Adelson has lined up an $11-b investment in Macau; has big plans for India and Japan too.
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