On average, fossil-fuel premiums account for less than 2% of total...
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GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
GM on Tuesday said it would get out of robotaxis “given the...
Sebi bans finfluencer, firm from securities market, orders Rs 9.5 cr disgorgement for unlawful advisory biz
In its final order, Sebi noted that Ravindra Bharti Education...
Businesses strengthening support for enforced standards on environmental reporting: Survey
Finance leaders said the foremost barrier to producing useful ESG disclosures is ''getting clarity from investors on what they want from ESG reporting''. New Delhi: A significant percentage of finance leaders in India witnessed a transition from traditional financial...
Investor wealth jumps over Rs 9.30 lakh cr in four days of market rally
''Markets have witnessed an excellent start of the calendar year however we may see a breather now…'' said Ajit Mishra, VP - Research, Religare Broking Ltd. Mumbai: Investors have become richer by over Rs 9.30 lakh crore in four days of market rally, with equity...
Passenger vehicle retail sales dip 11% in Dec amid semiconductor woes
"The month of December is usually seen as a high sales month where OEMs continue to offer best discounts to clear the inventory due to change of the year. It was, however, not the case this time around as retail sales continued to disappoint, thus wrapping up an...
Toyota, VW are plotting to beat Tesla, pour billions into electric cars
“With market demand for EVs clearly outstripping industry’s ability to produce, success in EVs is no longer about the order book, but rather about production capacity, ability to secure supply, and best cost, where Tesla feels it has considerable lead,” Deutsche Bank...
Covid: Hong Kong bans incoming flights from 8 countries, including India
Incoming flights from Australia, Canada, France, India, Pakistan, Philippines, Britain and the United States, including interchanges, would be banned from Jan.8 to Jan 21, Hong Kong leader Carrie Lam told reporters on Wednesday Hong Kong announced a two-week ban on...
India’s logs new 58,097 Covid cases,the highest since June
A total of 2,135 cases of Omicron variant of coronavirus have been detected across 24 states and UTs . Maharashtra recorded the maximum number of 653 cases followed by Delhi at 464, Kerala 185, Rajasthan 174, Gujarat 154 and Tamil Nadu 121 cases New Delhi: A total of...
Asian factories take Omicron risks in stride, for now
The rising rate of global infections have raised eyebrows among policymakers, with outbreaks in China forcing some firms to suspend production and threatening to disrupt output for memory chip giants like Samsung Electronics a TOKYO: Asia's factory activity grew in...
Explainer:How Tesla weathered global supply chain issues that knocked rivals
"We're designing and building so much more of the car than other OEMs (original equipment manufacturers) who will largely go to the traditional supply base and like I call it, catalog engineering. So it is not very adventurous," Musk said Tesla Inc's ability to design...
France detects a new Covid-19 variant called ‘IHU’, 12 infected
The new variant from the lineage named B.1.640.2 is believed to have infected 12 people in the country, according to a yet-to-be peer-reviewed study supported by the French Government French researchers have detected a new Covid variant, probably of Cameroonian...
COVID-19 insured loss of $44 bln is third largest catastrophe loss -Howden
"There's only so much event cancellation coverage out there, there’s only so much civil action coverage out there, and when you get to $40 billion, that's pretty much exhausting what was underwritten,” said David Flandro, head of analytics at Howden London: Insured...