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…
Donald Trump (File photo) US President Donald Trump on Monday said his administration will release at least seven more tariff letters to trading partners on Wednesday morning, followed by more in the afternoon (local time), escalating tensions ahead of the looming August 1 deadline for a new round of reciprocal tariffs.In a post on Truth…
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….
AI-generated representative image MUMBAI: Food regulator FSSAI warned e-commerce platforms of “severe action” if they fail to comply with food safety protocols. In a meeting on Tuesday with companies, CEO G Kamala Vardhana Rao directed platforms to share data pertaining to their warehouses, food handlers, and other relevant information with the authority to ensure transparency…
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 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…
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…
Donald Trump’s 10% additional tariff warning to BRICS (AI image) US President Donald Trump on Tuesday reiterated his warning of an additional 10% tariff on BRICS nations, including India. Trump alleged the BRICS group is working to weaken the US dollar. During a Cabinet meeting under his leadership, Trump issued a stern warning, stating: “BRICS…
Rishi Sunak, the former UK Prime Minister, is returning to his professional roots – Wall Street. According to the Financial Times, Sunak has been appointed as a senior adviser at Goldman Sachs, marking his first major career move since stepping down as Conservative Party leader after the July 2024 general election.The appointment is a homecoming…