Delhi launches campaign to curb industrial pollution
Delhi Govt allocates Rs 18.67 billion less for transport in 2024-25
According to official data, the Delhi government's allocation for the transport sector in the fiscal year 2024-25 experienced a decrease of Rs 18.67 billion compared to the corresponding figure for 2023-24, which was Rs 93.37 billion.
While presenting the budget in the Delhi Assembly, Finance Minister Atishi stated that the allotment for the 2024-25 fiscal year was Rs 74.70 billion, including Rs 57.02 billion for transport and Rs 17.68 billion for road and flyover projects in the national capital.
During his inaugural budget presentation, Minister Kailash Gahlot had proposed ..
Delhi releases payment for construction of RRTS corridors
The Delhi government has finally released Rs 150 crore as first instalment of its contribution in the construction of two proposed corridors of the rapid rail transit system. While Rs 100 crore is for Delhi-Shahjahanpur-Neemrana-Behror line, the remaining amount will be spent on the Delhi-Panipat corridor.
Officials said the Supreme Court had earlier rapped the Delhi government following which the transport department sought a provision of Rs 495 crore in the revised budget estimates to pay for RRTS. With no demand from the department this year, the finance department of the Delhi gov..
SC orders Delhi to release funds for RRTS in a week
In a significant development, the Supreme Court has directed the Delhi government to release funds within one week for the Regional Rapid Transport System (RRTS). This move aims to expedite the crucial infrastructure project, ensuring its timely implementation for enhanced connectivity and efficient transportation in the National Capital Region (NCR).
The Supreme Court's intervention comes as a response to the on-going challenges faced by the RRTS, a transformative initiative designed to revolutionise regional commuting. The court's directive underscores the urgency of financial suppo..
TVS Motor Unveils Electric Two-Wheeler
TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.
The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..
Chinese EV Giant Leapmotor Eyes Indian Market
Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.
Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..