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Amid rising pollution, EV sales fall off a cliff in Delhi

Mint Mumbai

|

November 22, 2024

No sop, no deal. That appears to be the message coming through from dismayed consumers in Delhi after the state government failed to renew road tax and registration benefits on electric cars and two wheelers this September.

- Alisha Sachdev

Amid rising pollution, EV sales fall off a cliff in Delhi

Result: an unprecedented fall in sales of the eco-friendly vehicles from September to November, even as pollution levels have hit record levels in the capital in recent days.

Data from the government's Vahan dashboard showed that registration of electric four-wheelers in Delhi fell 79% to just 77 units in September compared to 312 EVs in August. October saw sales of 148 units of electric cars, which then crashed to just 56 units in November thus far.

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

Our Gaza calculus

Should India join the Board of Peace for Gaza being set up by the US? This decision would hinge on what it implies for India's strategic autonomy.

time to read

1 min

January 20, 2026

Mint Mumbai

Mint Mumbai

IMF cautions on AI, raises India outlook

The International Monetary Fund (IMF) has sounded a warning note on the exuberance in artificial intelligence, cautioning that a failure to achieve productivity gains could curb investments, slam markets and radiate across the world through tightening financial conditions.

time to read

4 mins

January 20, 2026

Mint Mumbai

Mint Mumbai

BRANNAN'S BLUEPRINT ON DALAL STREET

In India's capital markets gold rush, can 'shovel companies' be the shining bets?

time to read

9 mins

January 20, 2026

Mint Mumbai

Mint Mumbai

Rising costs sting early birds in Q3

India Inc. may have finally found its revenue footing in the December quarter after a year of sluggish demand.

time to read

2 mins

January 21, 2026

Mint Mumbai

Mint Mumbai

Glide path for new job scheme likely

Even as a two-decade-old welfare employment scheme is set to be replaced by a new one, the upcoming Union budget may carve out separate allocations for both schemes to ensure there are no gaps in jobs during the transition period, according to the minister in charge of rural development.

time to read

2 mins

January 21, 2026

Mint Mumbai

SBI MF to take 10% in Adani bond issue

SBI Mutual Fund is acting as one of the anchor investors for Adani Power's bond issue.

time to read

1 min

January 22, 2026

Mint Mumbai

Pakistan to join Board of Peace

Pakistan on Wednesday said it has accepted US president Donald Trump's invitation to join the Board of Peace for Gaza to support the effort for bringing peace to the troubled region.

time to read

1 min

January 22, 2026

Mint Mumbai

Fukushima nuclear reactor restarted

The world’s largest nuclear power plant restarted on Wednesday in north-central Japan for the first time since the 2011 Fukushima nuclear meltdown, as resource-poor Japan accelerates atomic power use to meet soaring electricity needs.

time to read

1 min

January 22, 2026

Mint Mumbai

Mint Mumbai

Tiger verdict cloud over M&A tax cover

Insurers may not readily offer tax liability insurance for merger and acquisition (M&A) deals and will subject them to stricter scrutiny given the risks of retrospective taxes, consulting and law firms cautioned, days after the Supreme Court ruled that Tiger Global must pay capital gains tax on its Flipkart share sale years ago.

time to read

2 mins

January 22, 2026

Mint Mumbai

Mint Mumbai

E-challan, toll dues could bar access to national highways

Changes being made to meet UN goal of halving global road deaths, injuries by 2030

time to read

2 mins

January 22, 2026

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