EV sales surge 29% to 1.8L units in June: FADA

MUMBAI: Electric vehicle (EV) sales in India rose 28.6% to 1,80,238 units in June over the year-ago period, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers’ Association (FADA) said in a statement on Tuesday. Electric passenger vehicle sales, as per FADA data, stood at 13,178 units in the previous month compared…

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Wipro FMCG arm’s revenue up 3.5% in FY25

BENGALURU: Wipro Consumer Care & Lighting (WCCL)’s revenue rose by 3.5% to Rs 10,600 crore in the 2024-25, with demand impacted by inflation and subdued consumer sentiment. “We are clearly seeing a slowdown in China – dramatic drops of 20% to 25%. We haven’t dropped as much but are facing flat or marginal declines there….

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50% on copper, 200% on Pharma: Donald Trump talks of new US tariffs soon; ‘they’re going to be tariffed at a very…’

US President Donald Trump on Tuesday announced plans to impose a 50% tariff on copper imports, while warning of a much steeper duty on pharmaceuticals that would come into effect after a grace period of at least a year. “Today we’re doing copper,” Trump said during a cabinet meeting, signalling movement in an ongoing investigation…

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West Bengal to host ‘Business and Industry’ Conclave: Event likely later this year; things to know

The West Bengal government will host a ‘Business and Industry Conclave’ later this year, Amit Mitra, chief financial adviser to CM Mamata Banerjee, announced on Tuesday. The initiative is being viewed as a push to accelerate industrialisation in the state. Mitra said the conclave would be organised after the Puja festivities to give further momentum…

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Securing critical minerals: India eyes rare earths from Australia; move to counter China’s export curbs

India is in discussions with Australia to secure rare earth minerals, an Australian official confirmed on Tuesday, as global concerns mount over supply shortages triggered by Chinese export restrictions. “They (India and Australia) are talking about rare earth and there are blocks available. So there is an opportunity for India to take an early-stage block…

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Copy vs credit on global runway: Prada slammed, LV applauded; Pharrell’s India-inspired show gets it right

As Prada continues to face criticism over its Kolhapuri chappal-inspired sandals, the broader fashion world is grappling with how to engage with Indian aesthetics without falling into appropriation. The Italian label was called out on social media and by industry insiders for using a design closely resembling India’s traditional Kolhapuri footwear, without crediting the original…

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