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According to WoodMac, the EU’s carbon mechanism will cause a significant increase in steel import prices-thumnail

According to WoodMac, the EU’s carbon mechanism will cause a significant increase in steel import prices

According to Wood Mackenzie, the EU’s carbon emissions program is projected to dramatically boost the price of steel imports from India and China if completely implemented in 2034, while higher-emissions steel will likely move elsewhere.

Business

Sep 21, 2023

Nine Vande Bharat trains will be presented on Sunday-thumnail

Nine Vande Bharat trains will be presented on Sunday

Nine Vande Bharat train trips are expected to begin. Jaipur-Udaipur, Patna-Howrah, Ranchi-Howrah, Hyderabad-Chennai, Chennai-Tirunelveli, Indore-Jaipur, Puri-Rourkela, Jaipur-Chandigarh, and Jamnagar-Ahmedabad are among the new routes being introduced. 

Business

Sep 21, 2023

Ex-CEO of Cars24 and Grip create Electrifi Mobility to promote EV electrification in India-thumnail

Ex-CEO of Cars24 and Grip create Electrifi Mobility to promote EV electrification in India

Kunal Mundra, the former CEO of Cars 24 India, has joined with digital investing platform, Grip, to launch EV asset management and leasing startup, Electrifi Mobility, in June 2023, to increase mobility electrification in India, Electrifi Mobility said on Thursday.

Manufacturing

Sep 21, 2023

VinFast to deliver EVs to Europe this year as China rivals are probed by the EU-thumnail

VinFast to deliver EVs to Europe this year as China rivals are probed by the EU

As the European Union mulls slapping tariffs on its Chinese rivals, VinFast, a Vietnamese manufacturer of electric vehicles, intends to ship its first EVs to Europe this year after getting regulatory authorization, its chief executive told Reuters on Thursday.

Brands

Sep 21, 2023

Nio launches its first mobile phone-thumnail

Nio launches its first mobile phone

Nio, a Chinese electric vehicle manufacturer, unveiled an Android smartphone on Thursday. According to CEO William Li, the business anticipates that at least half of its consumers will purchase the device.

Business

Sep 21, 2023

Linksys Unveils Innovative Solutions to Supercharge Home and Office WiFi Mesh Networks-thumnail

Linksys Unveils Innovative Solutions to Supercharge Home and Office WiFi Mesh Networks

Linksys Unveils Innovative Solutions to Supercharge Home and Office WiFi Mesh Networks

Business

Sep 21, 2023

The New Zealand economy is growing faster than expected-thumnail

The New Zealand economy is growing faster than expected

New Zealand’s economy expanded more than forecast, supported by a rebound in the services sector. By avoiding a technical recession, the country’s government, which has come under scrutiny for its handling of the economy in the run-up to an election, would benefit.

Economy

Sep 21, 2023

Jensen Huang, CEO of Nvidia touts India as a major AI market to hedge against China’s risks-thumnail

Jensen Huang, CEO of Nvidia touts India as a major AI market to hedge against China’s risks

Nvidia Corp. Chief Executive Officer Jensen Huang visited four cities on a five-day trip to India earlier this month, dined with tech leaders and researchers.

AI

Sep 21, 2023

Report says Indian IT poised to ride $4 trillion AI wave-thumnail

Report says Indian IT poised to ride $4 trillion AI wave

India’s technology industry is well-positioned to take advantage of the $4 trillion opportunity that the worldwide market for generative artificial intelligence (genAI) is expected to present.

AI

Sep 21, 2023

Tesla Supplier, Hota will build its first US factory in New Mexico-thumnail

Tesla Supplier, Hota will build its first US factory in New Mexico

Hota Industrial Mfg. Co (1536.TW), a Tesla supplier, announced on Wednesday that it would invest $99 million to develop its first facility outside of Asia in the U.S. state of

Manufacturing

Sep 20, 2023

Apparel shops are expected to rise by 7-8% this fiscal year.-thumnail

Apparel shops are expected to rise by 7-8% this fiscal year.

According to a note issued on Wednesday by rating company Crisil, offline clothes retailers are expected to achieve 7-8% revenue growth in FY24, aided by festival and marriage season demand

Finance

Sep 20, 2023

Biden and Lula to launch workers’ rights initiative-thumnail

Biden and Lula to launch workers’ rights initiative

Senior U.S. officials have announced that U.S. President Joe Biden and Brazilian President Luiz Inacio Lula da Silva will start an effort on Wednesday to enhance the rights of working

News

Sep 20, 2023


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