NEW DELHI: Rising fuel prices and increased consumer interest in electric mobility have prompted JSW MG Motor India to double down on its new-energy vehicle strategy. Managing director Anurag Mehrotra said passenger vehicle EV penetration, which had slipped below 4% at the start of 2026, crossed 8% in June as higher fuel costs and growing…
NEW DELHI: Carmakers may soon have a new way to meet India’s fuel efficiency norms without relying solely on electrification, with the Centre proposing to reward a range of fuel-saving technologies under the draft Corporate Average Fuel Economy (CAFE)-III regulations.The draft norms, released by the power ministry for stakeholder consultation, have proposed to allow manufacturers…
NEW DELHI: In a major boost for India’s semiconductor startup policy, govt is redesigning its support framework under Semicon 2.0 and intends to move away from one-time grants to a model of larger, milestone-linked funding coupled with equity investments, alongside venture capital (VC) firms.On Wednesday, the cabinet approved Semicon 2.0 with an outlay of Rs…
Representative image (IANS photo) India’s corporate earnings season for the April-June quarter, underway since last week, gathers pace through July, with Reliance Industries reporting on Friday and HDFC Bank, ICICI Bank and Kotak Mahindra Bank following on Saturday.Results so far show a mixed pattern. Profits have grown consistently, but some companies have missed analyst estimates.Corporate…
England clinched a four-wicket win over India, bringing the series to a tie at 1-1. Joe Root’s stellar innings of 99 not out was pivotal as India’s batters faltered, crumbling to just 233 runs. (Photo/AP/PTI) A masterclass in chasing from veteran Joe Root and a clinical bowling display helped England bounce back in style, registering…
India’s first hydrogen-powered train is ready for launch! Marking a major milestone for Indian Railways, the country’s first hydrogen will be flagged off by Prime Minister Narendra Modi on July 17. This is the first time that India is introducing a train that produces its own electricity onboard using hydrogen, which is widely regarded as…
NEW DELHI: India is aiming to get 10 crore foreign tourist arrivals (FTAs) by 2047, which will contribute 10% to the country’s theme expected GDP of $30 trillion. This is the aim set by Federation of Associations in Indian Tourism and Hospitality (FAITH), the apex policy body of India’s tourism sector. FAITH chairman Puneet Chhatwal…
Cyberattack hits Japan’s ice cream giant Glico after KFC, disrupts sushi and supermarket deliveries (Image/X) A cyberattack on one of Japan’s largest refrigerated warehouse operators has disrupted the supply of ice cream, fast food and supermarket products across the country, affecting companies including Ezaki Glico, KFC Japan and Kura Sushi.Ezaki Glico, the maker of popular…
ITC Hotels MD Anil Chadha NEW DELHI: ITC Hotels’ Thursday reported a 14.8% increase in consolidated revenue at Rs 936 crore this April-June, compared to Rs 816 crore in same period last fiscal. And the hospitality major’s profit rose 36% to Rs 180 crore, up from Rs 133 crore last Q1. The company’s share closed…
India’s Virat Kohli (ANI Photo) Virat Kohli added another milestone to his glittering career during the second ODI against England, moving past Australian great Ricky Ponting to become the fifth-most capped player in the history of international cricket. The match marked Kohli’s 561st international appearance, taking him ahead of Ponting’s tally of 560 matches. Only…