Pachamalai tourism project advances with tendering process
Ceat, Apollo Tyres to Raise Prices Due to Raw Material Costs
In response to a notable surge in raw material costs during the previous quarter (Q4FY24), tyre giants Ceat and Apollo Tyres have revealed plans to implement price hikes. Officials from both companies cited the escalating prices of key components such as natural rubber, alongside the depreciation of the rupee against the US dollar, as primary factors driving the decision.
Natural rubber prices, a pivotal element in tyre manufacturing, have witnessed a significant uptick in recent months. Moreover, the Indian rupee has depreciated against the US dollar, further exacerbating the financi..
40% of Vehicles Uninsured: Centre
The Indian government has disclosed to the Supreme Court that 40% of vehicles on the country's roads are not insured, posing significant risks and financial burdens. This revelation highlights a critical issue in traffic management and road safety. Non-insured vehicles complicate accident claims and legal processes, potentially leaving victims without adequate compensation.
The government is considering stricter enforcement of existing laws and increased public awareness campaigns to address this problem. Enhanced collaboration between insurance companies and the transport department ..
Seven Hoardings Violate BMC Regulations
The Brihanmumbai Municipal Corporation (BMC) has identified seven advertising hoardings on railway land that violate its regulations. These hoardings, found on the Western and Central Railway premises, exceed the size limits set by the BMC, raising significant safety concerns. Following a tragic incident where a hoarding collapse led to 14 fatalities, the BMC has intensified its scrutiny of such structures.
The BMC mandates that hoardings should not exceed 40 x 40 feet. However, many on railway land have been found to be much larger, with some exceeding 120 feet in height. These overs..