The central government is not considering the proposal to impose additional Goods and Services Tax (GST) of 10 percent on diesel cars. Road Transport and Highways Minister Nitin Gadkari has given this information. A large number of diesel-powered vehicles are used in the country. However, a news agency report on Tuesday quoted Gadkari as saying that a proposal to impose additional 10 percent GST on diesel vehicles will be given to the Finance Minister. After this, Gadkari gave a clarification on X (earlier Twitter) saying that the government is not considering any such proposal. According to this report, the proposal to impose additional tax on diesel vehicles will be given to the Finance Minister by Gadkari. Its objective was to stop automobile companies from manufacturing and selling diesel engine vehicles. Gadkari had said that if the automobile industry does not stop making diesel cars, the government will increase the tax so much that it will become difficult to sell diesel vehicles. Gadkari has said in clarification regarding this that the government is not considering any such proposal. He said, “There is an immediate need to clarify media reports regarding additional 10 percent GST on the sale of diesel vehicles. It is important to clarify that the government is not considering any such proposal. Our carbon net by 2070 “With the commitment to achieve zero and reduce air pollution caused by harmful fuels like diesel, it is necessary to use environment friendly alternative fuels. These fuels should be import substitutes, low cost, indigenous and pollution free.” In the report regarding imposition of additional tax on diesel vehicles, Gadkari was quoted as saying that diesel is a harmful fuel and the country imports it in large quantities. The automobile industry should reduce its production of diesel engines. If this does not happen then the government will be forced to increase the tax on diesel vehicles. Gadkari had recently launched a car that runs completely on ethanol. In many other countries too, emphasis is being laid on vehicles running on alternative fuels.
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Preparation to launch OnePlus 12R with Snapdragon 8 Gen 2 SoC, 5,500mAh battery
OnePlus, one of the big smartphone companies, launched OnePlus 11R 5G in February this year. The company may soon introduce its next version OnePlus 12R. The specifications of this smartphone have been leaked. Snapdragon 8 Gen 2 SoC can be given as processor in it. It is likely to have a 5,500 mAh battery with support for 100 W charging. Tipster Yogesh Brar (@heyitsyogesh) has hinted at the specifications of the OnePlus 12R on Twitter (earlier on Twitter). He claims that this smartphone will be launched early next year. This could be a rebranded version of OnePlus Ace 3. OnePlus 11R 5G was launched in China as OnePlus Ace 2. The OnePlus 12R may feature a 6.7-inch AMOLED display with 1.5K resolution and a refresh rate of 120 Hz. Triple rear camera setup can be given in it. Its main camera is likely to be 50 megapixels. With this, an 8 megapixel ultra-wide angle sensor and 32 megapixel telephoto camera can be available. A 16-megapixel camera can be provided on its front for selfies and video calls. Alert slider and stereo speakers can be found in this smartphone. Its 5,500 mAh battery can support 100 W fast charging. OnePlus plans to use only Qualcomm Snapdragon chipsets in its upcoming devices. Snapdragon 8 Gen 3 chipset can be given in OnePlus 12 and Snapdragon 8 Gen 2 and Snapdragon 7 Gen 3 chipset can be given in OnePlus 12R and Nord 4. Recently, Chinese tipster Digital Chat Station had said in a post on Weibo that OnePlus is planning to use only Qualcomm Snapdragon chipset in its new devices. OnePlus 12 could be the first smartphone with Snapdragon 8 Gen 3. OnePlus has been using Snapdragon chipsets more than MediaTek in its smartphones. The company’s flagship smartphones OnePlus 11 and Ace 2 had Snapdragon chipsets. However, MediaTek’s chipset was used in the company’s Nord 3 and Ace 2V as well as the tablet OnePlus Pad. -
Lenovo suffered a big blow due to decline in PC sales, 24 percent decline in revenue.
China’s Lenovo has suffered a major setback due to the decline in demand for personal computers (PC). The company’s revenue declined by 24 percent in the June quarter. The world’s largest PC maker is facing decline in sales for four consecutive quarters. The company’s profit was 14 percent less in the last financial year. Lenovo’s revenue in the June quarter was $12.9 billion. After this the share price of the company has decreased by six percent. There was a significant increase in electronics sales during Corona as customers and companies purchased a large number of PCs to shift to remote work. However, last year the company’s revenue started declining due to decrease in demand due to increase in interest rates and increase in inflation. The pace of recovery in PC demand is weak and many retailers are left with unsold inventory. This has forced PC makers and their suppliers to adjust production volumes and rates. There was a 29 percent decline in global shipments of PC in the first quarter of this year. Due to this, American company Apple, which manufactures Mac computers, suffered a big loss. Market research firm IDC reported that global shipments of PC declined to 5.69 crore units in the first quarter. It was Rs 8.02 crore in the same period last year. In the last quarter of last year, these shipments had declined by 28.1 percent on a year-on-year basis. Apple’s shipments declined the most in the first quarter by about 40.5 percent. The decline in shipments for Dell was 31 percent. Apart from this, Lenovo, Asustek Computer and HP also faced decline in shipments in the first quarter. Apple had said that sales of its Mac computers had increased rapidly during the pandemic due to work from home. There has been a 29 percent decline in value terms in the first quarter on a year-on-year basis. IDC had said, “The decline in demand has given device makers an opportunity to make changes in the supply chain. Many companies are exploring the possibility of increasing production outside China.” There is a possibility of slowdown in the economies of big countries. Financial crisis in some big banks and increase in inflation may hamper growth and investment.