NEW DELHI: India’s domestic car industry may be counting on govt’s GST cuts to manage a growth in volumes, but exports are turning out to be quite a happy hunting ground for the passenger vehicles industry which has registered a near 20% jump in the first half of this fiscal, shipping a variety of vehicles…
US President Donald Trump claimed on Tuesday again that India was not going to buy “much oil from Russia.” His claims were based on a conversation he had with Prime Minister Narendra Modi amid Diwali celebrations at the White House.“I spoke to Prime Minister Modi today and we just have a very good relationship. He’s…
MUMBAI: Global aerospace giants are boosting their sourcing from India, accelerating growth in the country’s emerging aircraft component sector. Local companies are expanding capacities, moving beyond basic manufacturing to higher-value work, and scouting for acquisitions, with revenue numbers soaring due to robust orders.The sector is also gearing up to launch about Rs 5,700 crore of…
Indian stock markets ended marginally higher in the special Muhurat Trading session on Sunday, marking the beginning of Samvat 2082 on a positive note. The Nifty closed at 25,868.60, up 25.45 points or 0.10 per cent, while the Sensex settled at 84,426.34, gaining 62.97 points or 0.07 per cent.As per news agency ANI, broader markets…
As India steps into Samvat 2082, experts are optimistic that the stock markets are set for stronger and more stable growth, after a year of high volatility and marginal single digit returns.Analysts cited by ANI expect Dalal Street to emerge from its consolidation phase and enter a phase of steady, gradual growth, with double-digit gains…
The streaming giant said the higher results came from a mix of subscription growth, advertising and other sales. Source link
Rare earth elements or REEs have made their way as the new strategic assets, emerging as the ‘new oil’ of the 21st century, as countries race towards cleaner energy. REEs are a set of 17 metals vital for their use in a range of devices like electric vehicles, wind turbines, smartphones and defense systems.“Invisible to…
A United Airlines flight was diverted last week after its windshield was cracked by an object. Now a weather balloon company says it’s “quite likely” their balloon did it. Source link
Denmark’s Novo Nordisk, the pharmaceutical giant behind blockbuster drugs Ozempic and Wegovy, is set for a major boardroom shake-up amid internal disagreements and growing competitive pressure in the weight-loss drug market. The company on Tuesday announced that it will replace more than half of its 12-member board, including its chair, following a dispute with its…
The announcement, which will eliminate about 1,200 jobs, came less than a week after the carmaker Stellantis said it would move production of a new vehicle to Illinois from a Toronto suburb. Source link
