AUTO PERMIT

India to roll out BS-VII emission norms for vehicles from April 2029 in 3 phases: Report

The government is preparing to implement BS-VII emission standards, which align with Euro 7 norms, starting in April 2029. These standards will enforce stricter pollution controls and require automakers to upgrade their engines and emissions systems. Existing vehicles compliant with BS-VI norms will not be affected during this transition. Specific timelines for the introduction of the standards for different vehicle categories have also been outlined.

Bank reduced interest on Rs 5.89 crore FD from 7.75% to 3.5% citing non-renewal; Delhi HC rejects arbitrary rate cut on this ground

Bank reduced FD rate from 7.75% to 3.5% citing non-renewal of court order FD upon maturity; Delhi HC rules banks cannot reduce such FD interest arbitrarily.

Nitin Gadkari’s bike taxi push gets boost as Maharashtra notifies transition timeline from petrol bikes to EVs

The state of Maharashtra has unveiled a carefully planned approach allowing bike-taxi operators to shift to electric vehicles over a span of nine months. This effort is designed to facilitate the transition for drivers while building a controlled bike-taxi system. Union Minister Nitin Gadkari noted the considerable employment potential that bike-taxis could bring throughout the nation.

NCW calls for driver verification, SOS buttons, route alerts to ensure women's safety

The National Commission for Women has recommended enhanced safety measures for women using app-based transport services. Guidelines include driver background checks, a mandatory SOS button, and real-time alerts for suspicious activities. Aggregators must ensure driver and vehicle identity matches through neat verification processes before rides. Special provisions for women traveling alone at night include safer drop-off points and priority support.

GST Council may clear sweeping compliance reforms; e-commerce sellers, genuine buyers to get relief

The GST Council will assess various procedural reforms aimed at simplifying tax compliance for businesses. Proposed measures include enabling small e-commerce vendors to register using platform warehouses. Additionally, the input tax credit for genuine buyers will be protected even if suppliers fail to remit tax.

Your car knows where you go. Insurers, lenders and automakers want to know too

Connected cars continuously generate data regarding various attributes like location, driving patterns, and vehicle diagnostics. This data collection offers manufacturers and service providers insights to enhance their offerings. Diverse stakeholders can leverage this information, including insurers and fleet managers, to better assess risks and operational efficiencies. However, concerns about data privacy and user consent complicate the monetization landscape.

5 Indian-origin men arrested in Canada over extortion and other charges

Five Indian-origin men were arrested in Canada after a lengthy investigation into an extortion campaign. Their alleged activities included shootings, arson, and drug-related offenses against a local auto dealership. Police confirmed that the group also faced firearms trafficking and other serious charges. Evidence suggests these cases may be connected to broader extortion efforts impacting business owners in British Columbia.

Solving the mobile content bottleneck: Business analysis of next-gen wireless mics

Introducing the LARK A1, Hollyland's innovative wireless microphone system designed for mobile content creators and media experts. This cutting-edge device boasts remarkable audio features such as 24-bit resolution, intelligent noise cancellation, and impressive battery life, making it perfect for various recording scenarios. Available in multiple configurations, it offers enhanced flexibility while simplifying audio management during on-site recordings, thereby merging professional quality with affordability seamlessly.

Sleeper bus fire safety concerns grow after 9 die in Delhi-Mahoba bus blaze: What retrofitting and overloading can change

Sleeper buses traveling along highways are facing heightened scrutiny following a tragic fire incident that resulted in nine fatalities. Experts warn that modifications intended to boost passenger capacity could undermine safety measures and evacuation protocols. The use of unauthorized retrofits raises concerns about fire hazards, as many buses have evaded proper fitness assessments. Ensuring passenger safety is a collective responsibility shared by bus operators, manufacturers, and retrofitters alike.

A Xi-Trump summit deal can throw US carmakers under the China bus

US automakers, suppliers and dealers are lobbying the Trump administration to keep Chinese carmakers out of the American market ahead of President Donald Trump’s meeting with Chinese President Xi Jinping. The push follows Trump’s comments that he would allow Chinese companies to build vehicles in the US if they employed American workers, raising concerns that Washington could offer market access as part of a broader trade deal. Industry groups representing major automakers have urged the administration to bar Chinese firms from selling, importing or manufacturing vehicles in the US, citing economic and national security risks.

Splitting UPI payment to sidestep MDR? No daily cap for now

Under the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped at Rs 300 for transactions of Rs 75,000 or more.

UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to know

UPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced for certain merchant transactions above Rs 2,000. The revised framework is aimed at supporting investments in UPI infrastructure, innovation and cybersecurity. Most person-to-merchant (P2M) transactions are expected to remain unaffected. The new provisions will come into effect from October 15, 2026.

India clears 642 UK car imports under FTA in two months of implementation

India has approved import quotas for 642 passenger vehicles from Britain. These imports will benefit from concessional tariffs under a new trade pact. Seven companies secured allocations for the remainder of this year's quota. The Directorate General of Foreign Trade had invited applications for vehicle imports. This move facilitates trade under the India-UK Comprehensive Economic and Trade Agreement.

Commodity Talk| “The conversation is shifting from ‘Can I trade commodities?’ to ‘What role should commodities play?’: Sunil Katke

Gold has already established itself as a strategic asset for Indian investors, but the opportunity is increasingly extending to silver, copper and other critical commodities. At the same time, the traditional equity-debt portfolio may not always offer adequate diversification during inflationary or geopolitical shocks, making commodities an increasingly relevant portfolio sleeve rather than simply a trading opportunity.

Delhi on high alert for BRICS summit as 15,000 police, 200 paramilitary companies deployed

Delhi is preparing for the 18th BRICS Summit with extensive security deployments. Thousands of police and paramilitary forces are on duty to ensure safety. Commuters should anticipate temporary traffic stoppages and diversions along key routes. Public transport like the Delhi Metro and city buses will continue operations. Residents are advised to follow official advisories for traffic updates.

BRICS Summit Delhi traffic advisory (September 11): Full list of roads to avoid, diversions, best ways to reach airport, Metro, bus updates and everything commuters need to know

BRICS Delhi traffic news: Delhi commuters face significant traffic disruptions during the upcoming BRICS Summit. Over thirty-five roads will experience temporary closures and diversions for VVIP movements. Motorcade rehearsals will offer a preview of travel challenges for many commuters. Travelers to the airport and railway stations should allow extra time. Metro services will continue, but some bus routes may be affected.

ET Prime Special Series: Multibagger or IBC - Part 75: Delisting, merger, demerger: Long restructuring story of one auto ancillary

Last week's auto-ancillary story dealt with another major participant in the same broad industry. This week's business is dramatically narrower. It operates from one manufacturing location, derives almost all product sales from one safety-critical category and is 75% promoter-owned. Yet it has survived multiple attempts to change its listed status and corporate structure. Its latest disclosures raise another important question: Where exactly does the listed business end and the wider MNC group's business begin?

Ola Electric approves Rs 1,500 crore fundraise; COO Hyun Shik Park quits

Ola Electric plans to raise up to Rs 1,500 crore through various share issuance methods. This significant fundraise follows a recent Rs 780 crore capital infusion in June. Separately, Chief Operations Officer Hyun Shik Park has resigned from the company citing personal reasons. The electric two-wheeler maker faces increased competition and declining market share. Ola Electric is working to improve sales and its financial performance.

Tesla starts Cybercab rides in Austin, prompting US safety agency evaluation

CEO Elon Musk has said the Cybercab is key to transforming Tesla into a dominant force in driverless vehicles. The National Highway Traffic Safety Administration, meanwhile, sets and enforces rules for auto safety, including for new vehicles.

BJP workers protest over auto permit issue

"We also demand a thorough probe into the scam including the role of the Transport minister in it," Trivedi said.

BJP alleged corruption in distribution of auto permits in Delhi

Autos to pay Rs 15,000 for permit renewal, Rs 20,000 in MMR

According to a Government Resolution (GR) issued by Home department, there are 1,40,065 auto rickshaw permits which have been cancelled or got lapsed due to various reasons