News

More in News

• Indian economy remains in bright spot: Ministry of Finance

  In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibit strong economic performance with broad-based growth across sectors, the Ministry of Finance asserted.

  

• Indian startup The ePlane to develop electric air taxi prototype by March 2025

  The ePlane Company's Founder and CEO Satya Chakravarthy said it is developing an eVTOL (electric Vertical Takeoff and Landing) aircraft and to begin with, it will be a three or four-seater plane which can be converted into an air ambulance.

  

• Tata Motors promotes annual maintenance contract

  The campaign aims to create awareness on the benefits of an Annual Maintenance Contract (AMC) service, whilst spotlighting Tata Motors’ AMC service as an ideal solution that allows customers stress free operations through systematic maintenance of vehicles.

  

• Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal

  "With the DOJ's decision, we are taking another important step towards legal certainty in connection with various diesel proceedings," she said, confirming an earlier report in the German newspaper Handelsblatt about the DOJ decision.

  

• United Auto Workers reaches deal with Daimler Truck, averting potential strike in North Carolina

  The union struck a four-year agreement with the German company on Friday evening, just before the expiration of the previous contract, which was enacted six years ago. It covers workers at various plants in North Carolina - where Daimler makes Thomas Built Buses, Freightliner and Western Star trucks - as well as distribution centers in Atlanta and Memphis, Tennessee.

  

• China aims to exert influence on Afghan mining sector via investments

  Since the Taliban takeover in Afghanistan, China has focused on the country's mineral resources through investment initiatives, aiming to exert influence. Chinese companies, particularly interested in sectors like oil, copper, and lithium, seek to deepen their presence. Bilal Karimi, Taliban's ambassador to China, vowed to attract Chinese investors during a meeting with the Taliban's Minister of Mines and Petroleum.

  

• Elon Musk heading to China for visit to Tesla's second-biggest market, sources say

  Musk is seeking to meet senior Chinese officials in Beijing to discuss the rollout of Full-Self Driving (FSD) software in China and to obtain approval to transfer data collected in the country abroad to train algorithms for its autonomous driving technologies, one of the people said.

  

• Next-gen digital dashboards: How smart displays are transforming modern cars

  Your car has a smart screen that could rival a cockpit — sensors, intuitive interfaces, phone integration and infotainment. Fasten your seatbelts

  

• Singur Tata Motors' Nano plant controversy remains key focus in Hooghly election chatter

  Sixteen years post an anti-land acquisition movement that forced the Tata Nano car plant out of Singur, the issue of industrialization remains central in the Hooghly Lok Sabha constituency. Two film celebrities, running for TMC and BJP, vow to rejuvenate industry in the region. Hooghly district, encompassing the Singur area, gained national attention in 2006-2007 during the anti-land acquisition movement against the former Left Front government.

  

• Wardwizard Innovations reports two-fold rise in PAT to INR 4.27 cr for Mar qtr

  "In FY25, we shall be working effectively in enhancing our portfolio, expanding our presence as well as strengthening our R&D capabilities. We are further expected to launch newer models of electric vehicles, poised for even greater innovation and growth," he added.

  

• Hyundai, Kia join China's Baidu to develop connected cars

  Under the memorandum of understanding signed in Beijing last week, the two South Korean carmakers and Baidu will join hands in a wide array of areas, including connectivity and self-driving technologies.

  

• UN chief launches initiative to ensure fair mineral sourcing for clean energy

  UN Secretary-General Antonio Guterres has unveiled a new initiative aimed at integrating fairness, sustainability, and human rights into the procurement and use of essential minerals for the clean energy transition.

  

• Earnings for Big Oil backpedal as natural gas prices tumble

  Results at oil and gas firms are still retreating from record levels in 2022 that were boosted by a surge in demand after the COVID-19 pandemic and then when prices spiked after Russia invaded Ukraine.

  

• India's February oil imports rise amid shifts in global market dynamics

  Russia continued to be the largest crude oil supplier to India, with shipments valued at USD 3.61 billion in February, despite a 19% decrease from January's USD 4.47 billion.

  

• Varanasi pilot location for deployment of green hydrogen fuel cell inland vessels on NW-I

  It was also informed that due to its low emission qualities, methanol is also actively considered one of the key green fuels for EXIM Vessels globally, as seen in the recent case of Maersk's deployment of methanol-powered ships, the Ministry of Ports, Shipping and Waterways (MoPSW) said in the statement.

  

• Foreign automakers eager for Chinese partners at Beijing auto show

  European automakers sent "much more senior management" to visit the booth of LIDAR remote sensing technology supplier Hesai Technology this year versus last year, said Bob in den Bosch, senior vice president of global sales at the Shanghai-headquartered firm.

  

• India's March crude oil imports ease 1.1% from a year ago

  Data from the Petroleum Planning and Analysis Cell's (PPAC) website also showed imports of crude oil products dipped nearly 12% to 3.83 million tons on a yearly basis, while product exports decreased 6.4% to 5.66 million tons over the same period.