Tag Archives: late

Kerala: Late fund transfer affects utilisation, says Finance Department

“Transfer of funds at the fag-end of the year causes rush of expenditure and lapse of fund due to non utilisation,” the source said. (Representational Image) Thiruvananthapuram: Transfer of funds at the fag-end of the fiscal, and short allotment of funds, are just two of the reasons the Finance Department has identified for the poor utilisation of funds by local bodies. ... Read More »

Mercedes X-Class pick-up unveiled; Production model to roll out late next year

Mercedes has just unveiled what’s possibly the world’s first truly premium pick-up truck. Called the X-Class, this new creation is still in concept form although the German automaker has confirmed that the production-spec model will be out in Europe late next year. Mercedes-Benz is the first luxury manufacturer to cater to the global segment of mid-size pickups. The X-Class will ... Read More »