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…
MUMBAI: The Mumbai metropolitan region closed a total of 24 land deals spanning over 433 acres in H1 2025 with total deal value estimated to be Rs 11,137 crore. An Anarock report released on Tuesday said over 2,898 acres of land were transacted in 76 deals across India in H1 2025. The total value of…
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….
The United States has already collected $100 billion in tariffs this year, and the figure could triple to $300 billion by December, US treasury secretary Scott Bessent said on Tuesday during a Cabinet meeting chaired by President Donald Trump.Trump, nodding in agreement, reiterated the administration’s firm stance, declaring that the real flow of tariff revenue…
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…
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…
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…
The European Union believes “better” to reach a trade deal with the United States, the bloc’s economy chief said on Tuesday.EU officials have been locked in intense negotiations with their American counterparts in a bid to prevent steep levies from coming into force, measures that could seriously damage Europe’s economy.“The faster we can reach the…
Wall Street saw a mixed start on Tuesday as investors digested President Donald Trump’s renewed tariff warnings while also weighing concerns over high stock valuations.In early trading, the Dow Jones Industrial Average slipped 0.14% to 44,343, shredding 62 points. The Nasdaq was up 19 points of 0.09%, reaching 20,431. S&P 500 also remained flat, gaining…
The National High Speed Rail Corporation Limited (NHSRCL) announced a major milestone in the Mumbai-Ahmedabad bullet train project on Tuesday with the completion of the Daman Ganga River bridge in Gujarat’s Valsad district.This newly completed bridge is the 16th of 21 river bridges planned in Gujarat and the fifth and final one in Valsad. In…