Drivers across the country have launched a protest against the changes in the hit-and-run law. The increased jail terms in 'hit-and-run' cases under the new Bharatiya Nyaya (Second) Sanhita, 2023 is said to be the biggest bone of contention. The criminal code law, which repealed the British-era Indian Penal Code (IPC) provides up to 10 years of punishment for fleeing an accident spot and not reporting the incident.
3 Jan 2024Tata Motors, India's leading commercial vehicle manufacturer, is intensifying efforts to regain lost market share by prioritizing profitability and strengthening its position in the pick-up truck segment. Despite facing tough competition from Mahindra and Mahindra, Tata Motors' reduced retail market discounts have improved realizations and helped regain market share in recent quarters. Witness the strategic transformation of Tata Motors as it aims to strike a balance between profitability and market dominance in the commercial vehicle industry.
6 Jul 2023Ashok Leyland, Volvo recorded a steep 30% plunge in Aug salesIcra estimates that medium and heavy commercial vehicle sales will decline by 35-40% this fiscal, which would be the lowest sales in a decade
2 min read3 Sep 2020Drivers are reluctant to return after finding work in farms, construction back homeA large number of truck drivers had a tough time returning to their home states after the nationwide lockdown was imposed in March
2 min read25 Jun 2020All India Motor Transport Congress (AIMTC) is the apex body of transporters, representing about 95 lakh truckers and other entitiesUnbridled hike in fuel prices and rampant extortion at border check-posts in states have hit truckers hard
2 min read21 Jun 2020Official data shows e-way bills and toll payments made by trucks ferrying goods across states rose in May
1 min read4 Jun 2020With drivers unavailable, lack of cargo to ferry around and EMIs to be paid, it is an uncertain future for small fleet ownersRoad freight transport industry, with an estimated size of ₹5,200 billion in FY20, could lose at least 15% in FY21
2 min read1 Jun 2020The latest directive is expected to streamline the supply of essential and non-essential goods sShops for truck repair and dhabas on the highways will be allowed while maintaining social distancing nor
1 min read15 Apr 2020The Centre has cautioned the States that if such a situation continues then it has the potential of creating shortage of essential items.
1 min read13 Apr 2020Out of the 1.2 million trucks with national road permits, only 120,000 trucks are on the road nowadaysAITWA urges the govt to allow driving licences of commercial vehicle drivers to be used as an e-pass
2 min read6 Apr 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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