Traffic Financial News

Electric vehicle owners who live in the path of hurricanes should be wary of the risk their cars could catch fire if they are inundated by saltwater as the powerful storm moves ashore

A group of Baltimore longshoremen have filed a class action lawsuit against the owner and manager of the ship that caused the Francis Scott Key Bridge collapse

Subscribe to enjoy similar stories. While waiting for the traffic lights to change, your correspondent notices a pair of red warning squares appear on the windscreen. They follow a couple of pedestrians as they cross the road directly ahead.

local trains and buses are functioning 'normally' today, officials confirmed. The Central railway CPRO said that trains on the main line are running 3-4 minutes behind schedule because of rescheduled mail express movements and a few cautions but otherwise all local trains are running normally. Further, bus services continue despite Mumbai roads being waterlogged and affected by torrential rains last evening.

Narendra Modi will visit Pune on Thursday, September 26, to inaugurate the underground Metro corridor connecting Civil Court to Swargate. This development is a significant step in the city's urban transport infrastructure. During the visit, PM Modi will also lay the foundation stone for the extension of the metro corridor from Swargate to Katraj, further boosting the metro network. Additionally, he will initiate several other important projects, including the much-anticipated memorial at Bhide Wada, the historic site where Mahatma Jyotiba Phule and Savitribai Phule established India's first school for girls.

Subscribe to enjoy similar stories. NEW DELHI : India is advancing its efforts to transform smaller towns into aviation hubs, with plans to establish 29 greenfield airports across underserved regions over the next two decades—a first of its kind on this scale. The Airports Authority of India (AAI) has completed feasibility studies for 10 such airports, aiming to link smaller towns with global air routes, two officials aware of the development told Mint.

Noida Traffic Police have issued a traffic advisory regarding routes around Greater Noida ahead of the UP International Trade Show. Traffic restrictions will be effective from September 24 to 29 to ensure smooth traffic flow during the event, as reported by Jagran. Vice President Jagdeep Dhankhar will inaugurate the trade show, held at India Expo Mart from September 25 to 29. Commuters in Noida need to be aware of the restrictions and avoid routes with closures.

SpiceJet has received a near-term tailwind with institutional investors lapping up its Rs 3,000 crore share sale. Foreign investors who have been allotted shares under the airline's Qualified Institutional Placement (QIP) include big names such as Goldman Sachs, Morgan Stanley, Societe Generale, Nomura Singapore and Discovery Global Opportunity (Mauritius) Ltd. The QIP was oversubscribed with 87 Indian and international institutions subscribing to the issue. In addition to the Rs 3,000 crore raised through its QIP, SpiceJet will also receive an additional Rs 736 crore from the previous funding round, further boosting its financial stability and growth plans. Why are big investors betting on recovery of SpiceJet despite the airline struggling with a wide range of issues from aircraft leases to staff salaries? Investors not only hope that SpiceJet is resilient enough to survive its manifold crisis but also consider the growth prospects of India's aviation sector. Also Read: SpiceJet shares rally 6% after Rs 3,000 crore QIP attracts marquee investors

Subscribe to enjoy similar stories. For many Americans, the drive to and from work requires enduring slow-moving, soul-draining traffic. The commute remains one of the top gripes that workers have about returning to offices.

Subscribe to enjoy similar stories. Let’s call it Operation Chutzpah. If, as is widely believed, the Mossad detonated pagers and walkie-talkies used by Lebanese Hezbollah terrorists, killing dozens and wounding thousands, it will go down as an intelligence operation for the history books.

Federal agents boarded a vessel on Saturday managed by the same company as a cargo ship that caused the deadly Baltimore bridge collapse, the FBI confirmed.

The FBI has confirmed that federal agents have boarded a vessel managed by the same company as a cargo ship that caused the deadly Baltimore bridge collapse

Four Greenpeace activists who were arrested for scaling the country estate of former British Prime Minister Rishi Sunak last year to protest his oil and gas drilling expansion plans have been cleared of criminal charges

General Motors is recalling more than 449,000 of its SUVs and pickup trucks because the electronic brake control module software may fail to display a warning light when a loss of brake fluid takes place

Karnataka who do not have High-Security Registration Plates (HSRP) on their vehicles will soon face penalties ranging from Rs 500 to Rs 1,000. Transport Minister Ramalinga Reddy said that enforcement of this rule will begin in early October, around 15 days from now. HSRP numbers have been installed in just 53 lakh vehicles out of the over 2 crore older vehicles in the state. The Karnataka Transport Department issued a notification in August 2023, making HSRP mandatory for vehicles registered before April 1, 2019. Initially, a three-month deadline was set, but due to a lack of response from vehicle owners and other factors like the Lok Sabha elections, the deadline was extended multiple times. The issue also reached the Karnataka High Court, and the last deadline was set for September 15. «While adjourning the case for hearing recently, the HC did not give any direction on further extending the deadline for the installation of HSRP. Instead of immediately imposing a penalty, the department would give 15 days' time for the motorists to follow the rule; thereafter, the enforcement activities will start (in early October),» said Minister Reddy.

tax audit report on the e-filing ITR portal for specific taxpayers is September 30, 2024. However, with only 12 days left, the ITR e-filing portal is experiencing numerous glitches and issues when it comes to uploading tax audit reports. Several chartered accountants and tax professionals have raised concerns about this matter with ET Wealth Online and on social media, stating that they have been unable to upload the tax audit report on the e-filing ITR portal since September 18, 2024. «With the tax audit report filing deadline of September 30, 2024, fast approaching, taxpayers and professionals are facing significant challenges due to persistent glitches on the Income Tax Department's website. As the deadline looms, the portal has been experiencing increased traffic, leading to slowdowns and technical issues that are causing widespread frustration,» said CA Deepak Chopra, Chairman of the Direct Tax Committee of the Karnataka State Chartered Accountants Association (KSCAA).

Vehicle recalls are an important part of automotive safety

Subscribe to enjoy similar stories. It is a good thing that the government is thinking of giving a big boost to indigenous production of unmanned aerial vehicles, or drones, to fill Indian skies with hundreds of thousands of these flying objects.

A Native American tribe is trying to persuade a U.S. judge to extend a temporary ban on exploratory drilling for a lithium project in Arizona

Railways has drawn up a safety upgrade plan that includes training of loco pilots on simulators and outsourcing of some components of maintenance operations, officials said. The move comes in the backdrop of several train accidents over the last two years. The Railway Board has asked all zonal railways to explore the possibility of outsourcing the maintenance of machines used in track renewal operations, according to the officials. These track machines are required for maintenance and renewal of tracks, but owing to shortage of staff, either because of vacancies or due to non-creation of adequate posts, this activity gets hampered and machines remain underutilised. In a directive, the Railway Board has asked the zonal railways to explore the possibility of outsourcing these activities to make up for manpower shortages.

Subscribe to enjoy similar stories. A fresh subsidy scheme to speed up adoption of electric vehicles (EVs) is to be rolled out. The PM Electric Drive Revolution in Innovative Vehicle Enhancement will give ₹10,000 as subsidy for each electric 2-wheeler sold till March 2025 and ₹50,000 apiece for battery-run 3-wheelers.