Tag: May

NBFC-led India liquidity crisis may nip green shoots in real estate

Commercial real estate and housing sectors comprise nearly two-fifths of the total NBFC portfolio. Graphic: Mint The liquidity crisis faced by non-banking financial companies (NBFCs) has triggered concerns for property developers. After all, commercial real estate and housing sectors comprise nearly two-fifths of the total NBFC…

Robot Delivery Vans May Hit Your Street Before Self-Driving Cars

The new autonomous vehicle unveiled last week by Nuro, a Silicon Valley startup The future of driverless driving looks like a giant toaster with a funny hat. That’s an approximation of a new autonomous vehicle unveiled last week by Nuro, a Silicon Valley startup that’s been…

Cabinet may this week consider hike in GST cess on cars

Cars attract the top tax rate of 28%. Photo: Bloomberg New Delhi:The Cabinet may this week consider issuing an ordinance to increase the cess on mid- size, large cars and SUVs to 25% from 15% under the goods and services tax (GST) regime at present. The…

Top nine cars spotted testing at the Nurburgring in May

Summer is here and with warmer temperatures, manufacturers have now begun to push the testing of their cars in the direction of high performance. One of the most obvious signs of this change is the shift of test vehicles from the mountains to the long straights…

Under GST, small cars may see hike in prices

New Delhi: Small and mid-sized cars may see a small hike in prices after the Goods and Services Tax (GST) is rolled out from 1 July as different goods are fitted into the four-slab rate structure. The GST will unify at least 10 central and state…

No Detention Policy: Centre may leave decision on states

New Delhi: States may soon overturn the policy of “No Detention” upto class VIII as a top advisory board on education on Tuesday left the decision on the issue to their discretion, while the HRD Ministry will soon take a call on compulsory examination for class…