Fuel-efficiency will drive car sales
Automobile experts said that last week’s fuel price — and the spectre of more under a deregulated system — may lead many consumers to defer plans to buy a car. However, the price hike is unlikely to affect overall demand in a business that is booming. In May 2010, car sales across the country stood at 148,481 units, up by 30 per cent over the same period last year.
“In the short-term, consumers may take into account price, maintenance costs and budget overshoots. Eventually, once they realise that the price hike is here to stay, they will go back to their earlier habits,” said Abdul Majeed, auto practice leader, PricewaterHouseCoopers India.
It’s the small cars, which are the most fuel-efficient, that are poised to gain further in a market they already dominate.
“Small cars will gain as more and more buyers will look for vehicles that deliver better mileage. This trend will be popular not just in India, but also globally,” added Majeed.
This venerable stone gateway originally signposted the way to the aforementioned pilgrim town. One of the 14 Mughal-era gateways to punctuate the Walled City’s wall, the graceful Ajmeri Gate today is like a queen without her palace.
Assistant sub-inspector (ASI) Sanjeev Tomar’s quest ended on May 28, when he and members of his team arrested a man named Hari Om for abducting and killing Choudhary. Tomar, 47, now posted with the crime branch, was a constable at the Badarpur police station when the crime took place in 2007.
The approval for purchasing 89 new fire trucks was sought against the condemnation of 60 fire trucks, which have diesel engines and have reached their expiry time of 10 years, and have to be taken off service.
Vaibhav and Ankush were arrested under the provisions of Prevention of Money Laundering Act (PMLA). ED said both are directors of Ram Prakash Jewellers Pvt Ltd, which was raided on June 6. After the searches at premises linked to six people including the jewellery firm’s five directors, ED said it recovered ₹2.85 crore and 133 gold coins, alleging that the gold was from “unexplained sources” and was “secreted” in the properties.
Following the latest notification of the Plastic Waste Management Rules, 2022 in February, the central government directed all states and union territories (UTs) to phase out SUPs in a planned manner by July 1, 2022.