Nissan admits falsifying emissions data on cars made in Japan

Agencies
July 9, 2018

Jul 9: Nissan admitted today that data on exhaust emissions and fuel economy had been deliberately "altered", dealing a blow to the Japanese car giant's efforts to recover trust after an inspection scandal last year. The company did not say how many cars were affected by the falsifications, which were uncovered during voluntary tests of all parts of Nissan's operations conducted in the wake of last year's scandal.

It said tests on exhaust emissions and fuel economy had "deviated from the prescribed testing environment".In addition, it said inspection reports had been drawn up "based on altered measurement values".

Nissan's share price dropped 4.56 percent to 1,003.5 yen after it said it would make a statement on exhaust measurements following a report of falsification. It made the statement after the market had closed.The firm vowed a "full and comprehensive investigation" into its latest fake data scandal.

Nissan said it had rechecked "reliable" data and confirmed that all vehicles, except the GT-R, had met Japanese safety standards.It did not offer additional information about the GT-R, which the firm describes on its website as a high-performance sports car.

"Nissan has also re-verified log data to confirm that all models subject to sampling tests guarantee the Nissan catalogue specifications for fuel economy, meaning there are no errors within the fuel economy figures disclosed by Nissan," the statement added.

In October, Nissan was forced to recall some 1.2 million vehicles after admitting staff without proper authorisation had conducted final inspections on some vehicles intended for the domestic market before they were shipped to dealers.

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News Network
May 29,2020

New Delhi, May 29: With the highest spike of 7,466 more COVID-19 cases and 175 deaths reported in the past 24 hours, India's COVID-19 tally reached 1,65,799 on Friday, according to the Union Ministry of Health and Family Welfare.

The number of active coronavirus cases stands at 89,987 while 71,105 people have been cured or recovered and one patient has migrated, it said. The death toll due to the infection has reached 4,706 in the country.

Maharashtra is the worst affected state with 59,546 cases. Tamil Nadu has recorded as many as 19,372 cases while Gujarat and Delhi have recorded 15,562 and 16,281 coronavirus cases respectively.

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News Network
February 18,2020

New Delhi, Feb 18: India emerged as the world's fifth-largest economy by overtaking the UK and France in 2019, says a report.

A US-based think tank World Population Review in its report said that India is developing into an open-market economy from its previous autarkic policies.

"India's economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot," it said.

The size of the UK economy is $2.83 trillion and that of France is $2.71 trillion.

The report further said that in purchasing power parity (PPP) terms, India's GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. Due to India's high population, India's GDP per capita is $2,170 (for comparison, the US is $62,794).

India's real GDP growth, however, it said is expected to weaken for the third straight year from 7.5 per cent to 5 per cent.

The report observed that India's economic liberalisation began in the early 1990s and included industrial deregulation, reduced control on foreign trade and investment, and privatisation of state-owned enterprises.

"These measures have helped India accelerate economic growth," it said.

India's service sector is the fast-growing sector in the world accounting for 60 per cent of the economy and 28 per of employment, the report said, adding that manufacturing and agriculture are two other significant sectors of the economy.

The US-based World Population Review is an independent organisation without any political affiliations.

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News Network
June 29,2020

Karachi, Jun 29: Four heavily-armed militants attacked the busy Pakistan Stock Exchange on Monday morning, killing four security guards and a police sub-inspector before being shot dead in an exchange of fire, media reports said.

The unidentified militants opened indiscriminate fire and lobbed hand grenades at the main gate of the building as they tried to storm it, Geo News reported.

Police said that all the terrorists have been killed while five persons injured in the attack.

Four security guards and a police sub-inspector were also killed in the attack.

"An unfortunate incident took place at the Pakistan Stock Exchange. They made their way from our parking area and opened fire on everyone," said Abid Ali Habib, Director of Pakistan Stock Exchange.

The firing by militants caused panic among the people in the building.

Sindh province Governor Imran Ismail condemned the incident.

"Strongly condemn the attack on PSX aimed at tarnishing our relentless war on terror. Have instructed the IG & security agencies to ensure that the perpetrators are caught alive & their handlers are accorded exemplary punishments. We shall protect Sindh at all costs," he said on Twitter.

Police and rangers have arrived on the spot and surrounded the area.

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