To put a check on rising road accidents, the government is considering installation of three new safety devices on heavy commercial vehicles that will stop drivers from dozing off at the wheel and have provisions for emergency braking and vehicle stability, road transport and highways minister Nitin Gadkari said on Tuesday.
The devices that are expected to be made mandatory are electronic stability control system, emergency braking system and driver drowsiness alert and safety system. The consultation process for the installation of these devices is on and some inputs have come from stakeholders.
This story is from the January 08, 2025 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 08, 2025 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Ujjivan SFB Q3 profit slumps 64% to ₹109 cr
UJJIVAN SMALL FINANCE Bank on Thursday reported a 64% decline in its net profit to ₹109 crore for the third quarter amid a spike in bad loan provisions and higher interest expenses.
Foreign secy to visit China on Jan 26-27
Moving To Resume Bilateral Engagements
Economic Fragmentation: Global GDP Could Drop by Up to $5.7 Trillion
GROWING GEO-ECONOMIC FRAGMENTATION can decrease global GDP by up to $5.7 trillion, giving it a bigger blow than the financial crisis of 2008 or the Covid pandemic, the Navigating Global Financial System Fragmentation report showed on Thursday.
Rising competition from global banks may lower pricing on loans: Barclays
A RENEWED PUSH by Japan's major banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country head for Barclays Plc.
HDFC Bank expects improved CASA ratio with easing in rates
HDFC BANK EXPECTS its current account savings account (CASA) ratio to improve as interest rates are likely to soften, Sashidhar Jagdishan, managing director and CEO, said in an analyst call on Thursday.
57% Taxpayers Seek I-T Rate Cuts
Around 57% of the taxpayers in a recent survey want lower tax rates and higher exemptions in the coming Budget.
Package likely to ramp up pulses & oilseeds output
Govt keen to rein in imports of these items by boosting domestic production
Delhi polls: AAP schemes outrank Constitution issues
THE OPEN DRAIN outside the chaupal at Nai Basti, a Dalit-dominated colony in South Delhi's Deoli, is overflowing. Inside the compound, behind a statue of BR Ambedkar holding the Constitution, sit four men from the Jatav (Dalit) community discussing the Delhi elections.
Luxury car sales facing China hurdle: Tatas
JAGUAR LAND ROVER's owner, Tata Motors, said profitability is being hurt by economic challenges in China, a market where weak demand and consumer preference for electric vehicles is curbing sales of traditional top-end cars.
Real Madrid Is First Club To Top $1-Bn Revenue
REAL MADRID BECAME the first soccer team to register one billion euros ($1.04 billion) in revenue in a single season in 2023-24, with the Spanish side topping the Deloitte Football Money League as the world's highest revenue-generating club once again.