Maruti Suzuki-Toyota Plan To Set-up Scrappage Plant In India

Maruti Suzuki-Toyota Plan To Set-up Scrappage Plant In India

The Maruti Suzuki-Toyota partnership was confirmed in 2017, which would see the carmakers access either party’s pool of vehicles that would be rebadged and sold under their respective brands. It now seems, the automakers are planning to take the partnership a step further and are in the process of setting up a scrappage plant together […]

New 3D crossing introduced as part of bold road safety vision in Ras Al Khaimah

New 3D crossing introduced as part of bold road safety vision in Ras Al Khaimah

Traffic police have added an extra dimension to efforts to boost road safety in Ras Al Khaimah – by introducing a new ‘floating’ pedestrian crossing. An eye-catching 3D zebra crossing has been rolled out on Sheikh Mohammed bin Salam Road to make life safer for residents and encourage motorists to ease off the gas pedal. […]

CCTV cameras help solve 1,100 crimes in Pune, Mumbai

CCTV cameras help solve 1,100 crimes in Pune, Mumbai

The State government claims to have solved over 1,000 crimes in Mumbai and Pune over the past two years with the help of closed circuit television (CCTV) cameras. Latest data released by the State Home Department shows 1,100 crimes have been solved and nearly 972 arrests made in the financial capital and in Pune since […]

Why is the market falling post the Fed rate cut?

Why is the market falling post the Fed rate cut?

The Federal Reserve reduced the Fed funds rate by 25 basis points (bps), as widely expected by markets. But the commentary of Fed Chairman Jeremy Powell, after the Fed meeting threw a dampener on financial markets. There was widespread expectations was that the Fed would be launching a rate cut cycle from August, with at […]

File your income tax return, NOW!

File your income tax return, NOW!

The ITR filing due date has been extended, but don’t wait till the 11th hour. The taxman has shown magnanimity yet again. This time, he has extended the due date for filing income tax returns for the financial year 2018-19 (assessment year 2019-20) by a whole month — from July 31 to August 31. The […]