CHENNAI: Electric vehicle penetration in three wheeler retails hit 60.2% in June 2025, up from 55.5% in the year-ago month. According to the latest auto retail data from the Federation of Indian Automobile Manufacturers, EV penetration in two wheeler retails hit 7.3% in June, up from just under 6% in the year ago period. EV…
BENGALURU: India’s French connection is growing stronger. French IT services firm Capgemini, which has more than half of its 3.4 lakh employees in India, is acquiring one of the country’s business process management (BPM) pioneers, WNS, for $3.3 billion. The move is seen as an attempt to bring strong technology expertise, especially AI, into BPM…
M Nagaraju, secretary of department of financial services NEW DELHI: Fintech companies should go beyond urban markets and play a role in driving financial inclusion across the country by developing offline payment systems, voice-authorised tools, improving connectivity as well as cross-border payment capabilities, enhancing cybersecurity and integrating AI and better app safety for user convenience,…
Donald Trump (File photo) US President Donald Trump on Monday decided to impose 25% reciprocal tariffs on Japan and South Korea – almost the same as those announced in April.He provided notice of the tariffs, beginning Aug 1, by posting letters on social media addressed to political heads of both the countries. This followed Trump’s…
The frenzy in India’s equity derivatives markets has continued to punish small investors, with 91% of individual traders losing money during the financial year 2024–25, according to a new Sebi report released on Monday.This high failure rate comes despite regulatory efforts to rein in speculative activity. Sebi’s own data shows that October 2024’s reforms, aimed…
NEW DELHI: Have you received an email asking you to download your e-PAN card? If yes, you are advised to ignore it. The Press Information Bureau’s Fact Check unit has issued a warning against such messages, confirming that they are fake.⚠️ This Email is #Fake, PIB Fact Check said in an advisory shared on social…
India’s drone industry could help unlock up to $23 billion in manufacturing potential by 2030, driven by fast-growing demand from sectors such as defence, agriculture, logistics and infrastructure, according to a new report released by Nexgen Exhibitions.The report, based on a survey of 150 drone companies across 15 Indian cities, highlights a sharp rise in…
Trump, buoyed by recent legislative success and record-breaking US stock market performance, is wielding tariffs as an economic instrument. (AI image) August 1, 2025 – that’s the date on which tariffs for countries not finalising a trade agreement with the US will come into effect. US President Donald Trump intends to reveal trade agreements and…
Tesla shares plunged 8% at the opening bell on Monday after a renewed political spat between CEO Elon Musk and President Donald Trump reignited investor concerns about the electric vehicle maker’s future, particularly its reliance on federal support.The fresh sell-off followed Musk’s weekend announcement that he was forming a third political party, in protest against…
Wall Street started the week on a cautious note, opening lower on Monday as investors grew jittery ahead of a July 9 tariff deadline set by the Trump administration. The S&P 500 fell 0.4%, the Dow Jones Industrial Average dropped 102 points (0.3%), and the Nasdaq Composite lost 0.6% in early trading.The pullback came as…
