Explore Business Standard
The Maharashtra government has a set up a seven-member committee to study the possibility of imposing a ban on petrol and diesel vehicles in the Mumbai Metropolitan Area, in view of the city's worsening air quality. The committee, headed by retired IAS officer Sudhir Kumar Shrivastava, will study and submit a report with its recommendations within three months, as per government resolution (GR) dated January 22. Maharashtra's transport commissioner, Mumbai's joint police commissioner (traffic), managing director of the Mahanagar Gas Limited, project manager of the Maharashtra State Power Distribution Company Limited (Mahavitaran), president of the Society of Indian Automobile Manufacturers (SIAM), and joint transport commissioner (enforcement-1) as member secretary are the other panelists. The committee has given powers to include experts in the field as fellow members and get feedback from them, as per the GR. The Mumbai Metropolitan Region (MMR) also comprises areas of the ...
India's diesel sales continued to slide in May while petrol consumption was almost flat despite election campaigns for the general elections hitting a peak, preliminary data of state-owned firms showed on Thursday. Electioneering for general elections traditionally has led to a surge in fuel demand as candidates extensively use automobiles to reach voters. But the trend in sales by PSUs so far does not reflect that. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, at 1.367 million tonnes in the first half of May was almost the same as 1.36 million tonnes of fuel consumed in the same period last year. Month-on-month consumption however soared 11 per cent. Diesel sales dropped 1.1 per cent to 3.28 million tonnes during May 1 to 15. The demand for the nation's most consumed fuel had fallen 2.3 per cent in April and 2.7 per cent in March. Besides electioneering, the summer harvest season is also the scorching summer that increases the demand for ai
Seeking to clarify his remarks on taxation of diesel vehicles, Union minister Nitin Gadkari on Thursday said that he wanted to convey to automobile manufacturers to take steps to reduce pollution, and also added that there is no proposal to levy tax on such vehicles. Earlier this week, the road, transport and highway minister's remarks regarding the need to levy 10 per cent tax on diesel-run vehicles to help cut emissions had generated lots of controversy. "I am not against diesel fuel and neither we are going to levy any tax on diesel vehicles," Gadkari told CNBC-TV18. The road transport and highways minister noted that from the pollution point of view, diesel is very hazardous and it is really causing health problem in the country. Gadkari emphasised that he is not against any industry and pointed out that the government is already giving incentives for electric cars. "So my suggestion to the industry is that best way to (reduce pollution) is to concentrate on alternative fuel,"
Toyota Kirloskar Motor on Friday said it has commenced bookings for the updated version of its multipurpose vehicle Innova Crysta. The model now comes with a 2.4-litre diesel powertrain mated with a five speed manual transmission across four trims. It can be booked for Rs 50,000 at company dealerships or online, Toyota Kirloskar Motor (TKM) said in a statement. The opening of bookings for the new Innova Crysta comes on the heels of the launch of the Innova HyCross (available in Gasoline and Strong Hybrid Electric powertrains). "This vehicle (Innova Crysta) is a perfect choice for customers preferring a rugged and practical vehicle, well known for its unparalleled comfort and safety," TKM Vice President, Sales and Strategic Marketing Atul Sood stated.
Mahindra & Mahindra (M&M) on Monday said it is recalling around 600 vehicles manufactured at its Nashik plant to inspect and replace faulty diesel engines. The Mumbai-based auto major said it is undertaking proactive inspection and replacement of diesel engines in some of its vehicles manufactured at Nashik factory for suspicion of premature wear of engine parts due to contaminated fuel that was received in the factory on a particular date and was filled in the select batch. The exercise is for a limited batch of less than 600 vehicles manufactured between June 21 and July 2, 2021 and is keeping in line with the company's customer centric approach, M&M said in a regulatory filing. The inspection and subsequent rectification will be carried out free of cost for all customers, who will be individually contacted by the company, it added. The auto major, however, did not elaborate on the models which would fall under the exercise. The company sells various popular models in ...