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Time of India
19-07-2025
- Automotive
- Time of India
Overcharging, arguments affect commuters as cabs, autos go on strike in city
Arguments with passengers and overcharging marred the indefinite strike called by aggregator app-based cab and auto drivers from Friday in the city. Among the worst affected were flyers arriving at the airport and struggling to find further travel options. A woman on her way to a doctor near Amanora Mall said she was mistreated by some autorickshaw drivers on strike. "I had hailed an auto and was on my way to the doctor when a group of other autorickshaw drivers stopped the driver. They snatched his cellphone and forcibly tried to pull me out of the vehicle, stating that a strike was on," she told TOI, choosing anonymity. "They paid no heed even when I said I had a doctor's appointment. When I screamed, they backed off a bit. The auto driver took the opportunity to drive off. How can they indulge in violence like this?" she said. Indian Gig Workers Front has called the strike in Pune, Mumbai and Nagpur demanding fare-by-meter system acknowledgement by state govt and scrapping of e-bike taxis . This story continues on page 4 in the newspaper. For your reading convenience we have added it below. No relief likely from cab & auto strike till Tuesday Pune: The strike called by cab and auto drivers affiliated to aggregator apps led to major inconvenience for commuters in the city on Friday. For instance, in the morning hours, a ride from NIBM Road to Pune airport (around 15km) by auto showed a fare of Rs430 against the normal Rs240 on the Uber app. If one booked an Uber XL, the fare reflected a whopping Rs1,461, and a ride via an Uber Sedan showed a fare of Rs777. A ride via UberGo showed a fare of Rs739, and if one wanted to ride in the Uber Premier category, the fare showed Rs1,096. Elsewhere in the city as well, auto prices almost doubled - a short ride from Karve Road to FC Road cost at least Rs70-80 by auto, versus the usual average of Rs40-50 on aggregator apps. By meter, the same cost comes to around Rs30. Arriving flyers at the airport in the early hours of Friday were especially hassled. Vivek Purekar, who had to go to Kothrud from the airport, said, "I booked an Uber cab, for which the fare is locked advance. Upon reaching the AeroMall from the arrival area, I was told that cab drivers were on strike and I had to take another mode of transportation. Many other flyers besides me were clueless about this. I then wasted around 30 minutes trying to cancel the pre-paid ride and had to take pre-paid autorickshaw to my destination." Ajinkya Bhavane, who came from Delhi and wanted to go to Kalyaninagar, was in for a shock too. "The cab pickup area at the AeroMall was practically empty, and even after repeated attempts over 30 minutes, I couldn't get any cabs. I came outside with my luggage and found an auto driver who asked me to pay Rs500 for the short distance, saying that there was a strike going on. I was in a hurryand had no choice," he rued. Ankit Rai, a Pune resident, wrote on X, "There are no cabs available to commute to work. The aggregator applications are showing triple times surge, and striking drivers are stopping cabs and assaulting the non-striking drivers and also passengers, resulting in passengers being left stranded on the road." Sonu Pandey, who was at the airport late on Thursday evening, also shared his plight on X and posted: "Last night, I witnessed five or six individuals acting like thugs, threatening and physically assaulting cab drivers, forcing them to cancel rides. Meanwhile, regular cabs were charging exorbitant fares - upwards of Rs2,000 for a mere 10km ride. This is a complete disaster." Keshav Kshirsagar, president of the Indian Gig Workers Front, accepted that incidents of violence occurred. "We have been appealing to striking drivers not to indulge in any violence and will continue to do so. On Friday, we also met some officials of the transport department who said they could arrange a meeting with all stakeholders by Tuesday. So, at present, the strike will be on until Tuesday at least until our demands are met," he told TOI. Earlier this year, the Indian Gig Workers Front announced that from May 1, cabs of Ola, Uber and Rapido should charge fares as per state govt-approved rates. App companies had said that for autos, they had already switched to a SaaS (software as a service) model, wherein commuters could book autos via the apps but then fares would be decided by mutual understanding. On May 1, the Gig Workers Front launched the website ' on which govt approved fares would reflect when details were entered. Pune RTO officials had told TOI that once the state aggregator policy comes into effect, this confusion will be cleared. "Once it comes into play, apps will have to adhere to norms and apply for a licence," Pune deputy RTO Swapnil Bhosle had earlier told TOI.
Time of India
19-07-2025
- Automotive
- Time of India
Overcharging, arguments affect commuters as cabs, autos go on strike in Pune
Pune: Arguments with passengers and overcharging marred the indefinite strike called by aggregator app-based cab and auto drivers from Friday in the city. Among the worst affected were flyers arriving at the airport and struggling to find further travel options. A woman on her way to a doctor near Amanora Mall said she was mistreated by some autorickshaw drivers on strike. "I had hailed an auto and was on my way to the doctor when a group of other autorickshaw drivers stopped the driver. They snatched his cellphone and forcibly tried to pull me out of the vehicle, stating that a strike was on," she told TOI, choosing anonymity. "They paid no heed even when I said I had a doctor's appointment. When I screamed, they backed off a bit. The auto driver took the opportunity to drive off. How can they indulge in violence like this?" she said. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune Indian Gig Workers Front has called the strike in Pune, Mumbai and Nagpur demanding fare-by-meter system acknowledgement by state govt and scrapping of e-bike taxis . The strike called by cab and auto drivers affiliated to aggregator apps led to major inconvenience for commuters. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You To Read in 2025 Blinkist: Warren Buffett's Reading List Undo For instance, in the morning hours, a ride from NIBM Road to Pune airport (around 15km) by auto showed a fare of Rs430 against the normal Rs240 on the Uber app. If one booked an Uber XL, the fare reflected a whopping Rs1,461, and a ride via an Uber Sedan showed a fare of Rs777. A ride via UberGo showed a fare of Rs739, and if one wanted to ride in the Uber Premier category, the fare showed Rs1,096. Elsewhere in the city as well, auto prices almost doubled — a short ride from Karve Road to FC Road cost at least Rs70-80 by auto, versus the usual average of Rs40-50 on aggregator apps. By meter, the same cost comes to around Rs30. Arriving flyers at the airport in the early hours of Friday were especially hassled. Vivek Purekar, who had to go to Kothrud from the airport, said, "I booked an Uber cab, for which the fare is locked advance. Upon reaching the AeroMall from the arrival area, I was told that cab drivers were on strike and I had to take another mode of transportation. Many other flyers besides me were clueless about this. I then wasted around 30 minutes trying to cancel the pre-paid ride and had to take pre-paid autorickshaw to my destination. " Ajinkya Bhavane, who came from Delhi and wanted to go to Kalyaninagar, was in for a shock too. "The cab pickup area at the AeroMall was practically empty, and even after repeated attempts over 30 minutes, I couldn't get any cabs. I came outside with my luggage and found an auto driver who asked me to pay Rs500 for the short distance, saying that there was a strike going on. I was in a hurryand had no choice," he rued. Ankit Rai, a Pune resident, wrote on X, "There are no cabs available to commute to work. The aggregator applications are showing triple times surge, and striking drivers are stopping cabs and assaulting the non-striking drivers and also passengers, resulting in passengers being left stranded on the road." Sonu Pandey, who was at the airport late on Thursday evening, also shared his plight on X and posted: "Last night, I witnessed five or six individuals acting like thugs, threatening and physically assaulting cab drivers, forcing them to cancel rides. Meanwhile, regular cabs were charging exorbitant fares — upwards of Rs2,000 for a mere 10km ride. This is a complete disaster." Keshav Kshirsagar, president of the Indian Gig Workers Front, accepted that incidents of violence occurred. "We have been appealing to striking drivers not to indulge in any violence and will continue to do so. On Friday, we also met some officials of the transport department who said they could arrange a meeting with all stakeholders by Tuesday. So, at present, the strike will be on until Tuesday at least until our demands are met," he told TOI. Earlier this year, the Indian Gig Workers Front announced that from May 1, cabs of Ola, Uber and Rapido should charge fares as per state govt-approved rates. App companies had said that for autos, they had already switched to a SaaS (software as a service) model, wherein commuters could book autos via the apps but then fares would be decided by mutual understanding. On May 1, the Gig Workers Front launched the website ' on which govt approved fares would reflect when details were entered. Pune RTO officials had told TOI that once the state aggregator policy comes into effect, this confusion will be cleared. "Once it comes into play, apps will have to adhere to norms and apply for a licence," Pune deputy RTO Swapnil Bhosle had earlier said.
Time of India
18-07-2025
- Automotive
- Time of India
Arguments, fleecing affect passengers during cab and autorickshaw strike in Pune
1 2 Pune: Sporadic instances of arguments and fleecing in several parts of the city marred the strike called by aggregator app-based cab and auto drivers from Friday onwards. In particular, arriving flyers at the airport were majorly inconvenienced by the lack of options to travel to city areas. A woman on her way to a doctor near Amanora Mall said she was mistreated by a group of autorickshaw drivers on strike. "I hailed an auto on the road and was on my way to the doctor when a group of other autowallahs stopped the driver. They snatched away his cellphone and tried to pull me out of the vehicle forcibly, stating that a strike was on. They paid no heed even when I said I had a doctor's appointment. When I screamed, they backed off a bit. The auto driver took the opportunity to drive off. How can they indulge in violence like this?" she told TOI, choosing anonymity. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune The indefinite strike has been called by the Indian Gig Workers Front in Pune, Mumbai and Nagpur. They demand that the fare-by-meter system in cabs be acknowledged as legal by state govt and the decision to operate e-bike taxis also be repealed. The strike led to major inconvenience for scores of commuters in Pune. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Only 2% Intraday Trader Do Market Profile & Book Maximum Profit. TradeWise Learn More Undo For instance, in the morning hours, a ride from NIBM Road to Pune airport (around 15km) by auto showed a fare of Rs430 against the normal Rs240 on the Uber app. If one booked an Uber XL, the fare reflected a whopping Rs1,461, and a ride via an Uber Sedan showed a fare of Rs777. A ride via UberGo showed a fare of Rs739, and if one wanted to ride in the Uber Premier category, the fare showed Rs1,096. Elsewhere in the city as well, auto prices almost doubled — a short ride from Karve Road to FC Road cost at least Rs70-80 by auto, versus the usual average of Rs40-50 on aggregator apps. By meter, the same cost comes to around Rs30. Arriving flyers at the airport in the early hours of Friday were especially hassled. Vivek Purekar, who had to go to Kothrud from the airport, said, "I booked an Uber cab, for which the fare is locked advance. Upon reaching the AeroMall from the arrival area, I was told that cab drivers were on strike and I had to take another mode of transportation. Many other flyers besides me were clueless about this. I then wasted around 30 minutes trying to cancel the pre-paid ride and had to take pre-paid autorickshaw to my destination. " Ajinkya Bhavane, who came from Delhi and wanted to go to Kalyaninagar, was in for a shock too. "The cab pickup area at the AeroMall was practically empty, and even after repeated attempts over 30 minutes, I couldn't get any cabs. I came outside with my luggage and found an auto driver who asked me to pay Rs500 for the short distance, saying that there was a strike going on. I was in a hurry to reach home and had no choice," he rued. Ankit Rai, a Pune resident, wrote on X, "There are no cabs available to commute to work. The aggregator applications are showing triple times surge, and striking drivers are stopping cabs and assaulting the non-striking drivers and also passengers, resulting in passengers being left stranded by the roadsides." Sonu Pandey, who was at the airport late on Thursday evening, also shared his plight on X and posted: "Last night, I witnessed five or six individuals acting like thugs, threatening and physically assaulting cab drivers, forcing them to cancel rides. Meanwhile, regular cabs were charging exorbitant fares — upwards of Rs2,000 for a mere 10km ride. This is a complete disaster." Keshav Kshirsagar, president of the Indian Gig Workers Front, accepted that incidents of violence occurred. "We have been appealing to striking drivers not to indulge in any violence and will continue to do so. On Friday, we also met some officials of the transport department who said they could arrange a meeting with all stakeholders by Tuesday. So, at present, the strike will be on until Tuesday at least until our demands are met," he told TOI. Earlier this year, the Indian Gig Workers Front announced that from May 1, cabs of Ola, Uber and Rapido should charge fares as per state govt-approved rates rather than fares reflecting on apps. App companies had said that for autos, they had already switched to a SaaS (software as a service) model, wherein commuters could book autos via the apps but then fares would be decided by mutual understanding between drivers and commuters. On May 1, the Gig Workers Front launched the website ' on which govt approved fares would reflect when details were entered. At present, many auto and cab drivers have been demanding fares as per the website, but this has created arguments between drivers and customers. State govt has not yet said whether the website is legal. Pune RTO officials had told TOI that once the state aggregator policy comes into effect, this confusion will be cleared. "We should have tightened the noose on aggregator-based vehicles moving without licence but we didn't so that customers don't feel the pinch. Now, we are waiting for the policy. Once it comes into play, apps will have to adhere to norms and apply for a licence," Pune deputy RTO Swapnil Bhosle had earlier told TOI. The Gig Workers Front has stated that since app-based services are operating without licences, the fare-by-meter system must be legally recognised by state govt.
Hans India
06-06-2025
- Business
- Hans India
Silver climbs Rs 2,000 to lifetime high; Gold up Rs 430
New Delhi: Silver prices hit a lifetime high of Rs1,04,100 per kilogram in the national capital on Thursday, and gold prices jumped Rs430 in line with strong global cues, according to the All India Sarafa Association. Continuing the winning run for the fourth straight session, the white metal bounced Rs2,000 to hit a fresh peak of Rs1,04,100 per kilogram (inclusive of all taxes) in the local markets. HDFC Securities' Senior Analyst of Commodities Saumil Gandhi said the 'price of silver reached a new all-time high in the domestic market. The rally is supported by strong fundamentals, higher industrial demand, inflation hedging, and tight global supply'. On March 19, silver hit its previous all-time high of Rs1,03,500 per kg. Gold of 99.9 per cent purity appreciated Rs430 to Rs99,690 per 10 grams (inclusive of all taxes). The precious metal of 99.5 per cent purity increased Rs400 to Rs99,100 per 10 grams (inclusive of all taxes) on Thursday. The most traded July contract for silver futures rallied by Rs3,833, or 3.78 per cent, to hit an all-time high of Rs1,05,213 per kg on the Multi Commodity Exchange. Additionally, gold futures for August contracts climbed Rs635 to Rs99,214 per 10 grams. Meanwhile, spot gold in the international markets rose $21.58 per ounce, or 0.64 per cent, to $3,393.93 per ounce. 'Gold prices traded higher, supported by a weaker dollar and renewed safe-haven demand amid lingering tariff uncertainty and US debt concerns. Globally, gold scaled above $3,395 per ounce, while MCX gold gained to trade above Rs98,450,' Jateen Trivedi, VP Research Analyst, Commodity and Currency at LKP Securities, said. The broader sentiment in the bullion space remains positive, driven by geopolitical tensions and ongoing imbalance in global trade and financial dynamics, Trivedi added. Also, spot silver went up nearly 4 per cent to trade at $35.80 per ounce in the overseas markets. 'Spot silver has surpassed the previous resistance level of $35 per ounce and is trading above that mark, reaching a 12-year high,' Gandhi said. According to Abans Financial Services' Chief Executive Officer Chintan Mehta, investors are focused on Friday's US non-farm payroll report for further clues on the Federal Reserve's monetary policy direction. In addition, any new geopolitical developments could add another layer of uncertainty, once again driving investors toward the safe haven of gold, Mehta said
Business Recorder
29-05-2025
- Business
- Business Recorder
‘Pakistan salaried class paid 5 times more taxes than exporters, retailers in outgoing FY25'
Pakistan salaried people's contribution to the tax net was projected to be five times higher than that of the country's exporters and retailers in the outgoing financial year 2024-25, a member of the Salaried Class Alliance of Pakistan (SCAP) said on Thursday. The Federal Board of Revenue (FBR) collected Rs430 billion in revenue in income tax from salaried people in the first 10-month of the outgoing fiscal year 2024-25, said Nasir Hussain Taibani, a member of the SCAP, in a press conference at the Karachi Press Club. Salaried class: Call for revision of tax slabs, rise in exemption limits The contribution was estimated to surpass Rs550 billion in the full current fiscal year, compared to Rs75 billion in FY19 and Rs368 billion collected in FY24, he added. 'Salaried people are subject to heavy taxes compared to only Rs100 billion collectively paid by exporters and retailers,' Taibani said. The group demanded reliefs in the upcoming budget for FY2025-26, claiming the collection of revenue in taxes had reached its optimal level. 'The time has come when the elevated tax rates would start impacting collection of revenue and economic growth, and expedite flight of capital and brain-drain from the country to abroad,' Komal Ali, another member of the SCAP. Citing Laffer Curve theory at the press conference, Komal Ali said the existing tax rates 'are too high' on the income of salaried people in Pakistan. If the government did not opt for tax cuts and tax credits, the collection of revenue and economic activities would start to decline, she envisaged. 'The higher tax rates will expedite brain-drain of highly skilled and well-educated people, and flight of capital, from Pakistan to abroad.' Meanwhile, Taibani further said the salaried class paid up to 35% in taxes. In addition to that, a section of the them also paid a 10% surcharge, he added. 'On the other hand, they are subject to indirect taxes on purchase of goods, and health and education fees. This means a big portion of their income is going into taxes, badly impacting their disposable income.' He recommended the government to reduce the number of income tax slabs back to 2022-23 level for them, cut higher rate of taxes, double the threshold of income tax exempted salary to Rs100,000 a month compared to Rs50,000 a month at present. Taibani also demanded the government restore tax incentives on investment in products like mutual funds and pension funds, and remove surcharge of 10% on the income tax. He maintained the government should increase the number of taxpayers in the country through bringing agriculture and retail sectors into the tax net instead further increasing tax rates for the people and the sectors of the economy 'already paying heavy taxes'. Hasnain Ashraf, another member of the alliance, said the power of the salaried class to pay the taxes 'has surpassed maximum level, leaving no financing to buy homes and cars'. The government should rather control its expenditures and fix the loss-making entities being maintained at the cost of the taxpayers, he added. According to the SCAP, it reached out to almost all the major political parties having representation in the Parliament to raise voice for the salaried class, but 'none of them did so'. The group said it would approach courts of law to fight their tax case if the government avoided giving relief in the upcoming budget to announced on June 10. 'The middle class (middle income groups) has been crushed. While inflation has doubled in the past three years, the minimum taxable income threshold remains stuck at Rs50,000 per month,' the SCAP stated in a press release. 'Continued neglect of this segment [salaried class] is contributing to the country's worsening brain drain. Emigration of skilled and educated professionals reportedly surged by 119% over the past year, with heavy taxation cited as a key factor,' it read. The agriculture sector, contributing nearly 20% of the country's gross domestic product (GDP), contributes less than 1% in tax revenue, according to the SCAP. 'Some landlords and privileged groups enjoy vast exemptions, while wage earners face tax rates as high as 35% with additional surcharge of 10%.' The alliance expressed concerns for 'growing informality in the economy', where businesses opt to pay salaries in cash to avoid high tax deductions-undermining documentation and long-term development. The SCAP is comprised of government and private sector employees, including from the armed forces, banks, education institutes, media, and corporate enterprises.
