[ad_1] Mumbai: Elon Musk is trying to create a big market in India for his Tesla company’s vehicles by picking up bed boxes from China. As part of these efforts, several senior Tesla executives are planning to meet with Indian government officials this week. Government sources said Tesla’s representatives are …
Read More »Consumer goods production to decline in 2022-23 despite rise in IIP
[ad_1] New Delhi: Recently released data on the Index of Industrial Production (IIP) shows that consumer durables performed poorly in 2022-23 as compared to the previous year. Comparing FY2023 with the pre-Covid output, the performance of consumer goods seems to be getting worse. However, the production of consumer goods is …
Read More »Investment in rupee denominated rupees in government bonds by Russian companies of Purant
[ad_1] Mumbai: Russian banks and companies doing business with Indian banks are using this extra rupee to invest in Indian government bonds, sources in the Indian Banks’ Association said. Investments in Indian government bonds by Russian banks and companies pose challenges in converting the rupee into rubles and consequently hinder …
Read More »Rethinking privatization of public sector banks
[ad_1] New Delhi: The government may soon take a big decision regarding the privatization of public sector banks. A panel will be constituted for privatization of public sector banks. This panel will decide the names of the banks that will be privatised. In April 2021, NITI Aayog had recommended privatization …
Read More »Qualcomm ties up with OEMs to reduce costs
[ad_1] Global fabless chip maker Klarcom Inc is currently working with original equipment manufacturers (OEMs) to bring down the cost of 5G smartphones. The company is trying to bring a phone with a fair amount of additional features at a price of around $90 (Rs 7,000-8,000). High volumes to attract …
Read More »Tesla executives to come to India for diversification
[ad_1] According to media reports, a group of senior executives of US EV car giant Tesla Inc is considering a visit to India this week. The purpose of the visit is to hold discussions with government officials and explore opportunities to expand the carmaker’s supply chain outside China. Company officials …
Read More »Controversial Go First seeks emergency arbitration
[ad_1] Indian airline Go Airlines has said it requires immediate enforcement of an arbitration order in Delaware in its dispute with engine maker Pratt & Whitney. The airline has said this to keep itself in business. Go First blames the Raytheon Technologies-owned engine maker for its financial troubles and recent …
Read More »Mixed response in Indian stock market today, slight decline in Sensex
[ad_1] The Indian stock market is under pressure for the second consecutive day. Due to this, the Sensex opened at 61,862.65 in the initial trend today, which has registered a decline of up to 70 points. While the Nifty-50 opened at 18,263.95, there has been a decline of up to …
Read More »Aadhaar Update: Want to update Aadhaar? Be careful in these matters..
[ad_1] Aadhaar Update: The government has made Aadhaar mandatory for all people living in India. Many services can be availed from Aadhaar. But due to some reasons the government is suggesting to update Aadhaar. In this sequence, many people started doubting. How to update Aadhaar? where to do it? Anything …
Read More »Electric Cars In India: Our people are buying more cars than that company
[ad_1] Electric cars in India: The price of oil will increase. Well if you want to afford it..the maintenance cost is also increasing. For those who have a certain level of means, this is not a big deal. There is a position to think about as far as the middle …
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