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Logistics sector to gain most from GST

Logistics sector to gain most from GST

"India’s logistics sector would gain the most from the goods and services tax as costs would fall by almost 20 per cent," road transport and shipping minister Nitin Gadkari said .

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Govt makes airbags mandatory for new cars from October 2017

Govt makes airbags mandatory for new cars from October 2017

Carmakers will have to provide airbags, vehicle reverse gear sensors for child pedestrian safety, speed-warning systems and seatbelt reminder systems as standard equipment from October 2017. Speed alert will warn vehicles if they exceed 80 km per hour and then a continuous audio alert if speed exceeds 100 kmph, the road transport and highways ministry said.

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ASSOCHAM setting up road transport regulatory authority

ASSOCHAM setting up road transport regulatory authority

Apex industry body ASSOCHAM has mooted a proposal to the Union Government to constitute an appropriate authority either at the Central or state level to fix the ceiling on road freight rates and breaking local monopolies.