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He bought a diesel SUV for Rs 13.69 lakh; but repeated DPF issues followed; consumer commission finds deficiency in service and awards Rs 10.99 lakh refund, 9% interest and compensation

The Kurnool District Consumer Disputes Redressal Commission has directed the car manufacturer and its dealer to refund the ex-showroom price. (Image for representative purpose only) Buying a car is a dream, but what if you repeatedly face issues after purchase? In one such case the Kurnool District Consumer Disputes Redressal Commission has asked the car…

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ATF price shock: Govt weighs revival of stabilisation fund as airlines feel fuel heat – report

Domestic airlines’ operating profit to fall 10-15% this fiscal amid higher fuel costs, airspace curbs: Crisil NEW DELHI: The government is weighing a fresh mechanism to stabilise aviation turbine fuel (ATF) prices as the prolonged West Asia crisis pushes up fuel costs and puts increasing pressure on airline finances.A senior government official said the Centre…

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MMTC, STC may lose gold import tax advantage as GST Council weighs 3% GST; aim to put banks, nominated agencies and exchanges on equal footing

Currently, banks and certain nominated agencies are required to pay 3% GST when importing precious metals. (Image for representative purpose only) Government entities such as MMTC and the State Trading Corporation of India could soon be brought within the goods and services tax (GST) framework for imports of gold and other precious metals.The proposal is…

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Cabinet clears Rs 10,000 crore SME fund, new transport authority; hails PM Modi’s 25 years in public life

Union Minister for [Information and Broadcasting, Ashwini Vaishnaw announcing the recent cabinet decisions The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a series of measures spanning support for small and medium enterprises, integrated transport planning and logistics, and a resolution marking PM Modi’s completion of 25 years of continuous public service.The…

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Sikkim to get train connectivity for first time as 44.5-km Sivok-Rangpo project reaches 75% progress, to be completed by December 2027; railways fast-tracks Rs 9,000 crore Gangtok rail link as well

Indian Railways is working towards finishing the long-delayed Sivok-Rangpo railway project by December 2027. (Image for representative purpose only) Sikkim is moving closer to being on the railway map and now Indian Railways is stepping up efforts to bring Sikkim’s capital Gangtok onto the railway network by prioritising a proposed 34-km rail link between Rangpo…

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