Washington: Tesla Inc., makers of only electric cars since the last 12 years, has jumped to number 2 in the automobile sector companies. Tesla Inc. Shares registered an increase of 4%, in the transactions on Wednesday, taking the company’ market capitalisation above $100 billion. Tesla Inc. is the first electric car maker to reach this […]
Detroit/Berlin/Tokyo – Just as the prices of crude oil had taken a leap to $ 70 internationally, the leading automobile companies of the world were making heavy investments in the sector of ‘Electric Cars’. This news came into focus at an exhibition of cars in Detroit in US. Information received from international agencies and experts […]
New Delhi – An MoU was signed between India and the US on the manufacturing of semiconductors. Indian Commerce and Industry Minister Piyush Goyal and US Secretary of Commerce Gina Raimondo signed the agreement. Under the newly formed agreement, India and the USA will collaborate to establish a robust supply chain essential for semiconductor manufacturing. […]
New Delhi: The Union Cabinet has approved the National Green Hydrogen Mission and approved a provision of around Rs 19,744 crore. According to this, 50 lakh metric tonnes of green hydrogen will be produced yearly for the next five years. An investment of around eight lakh crore rupees has been expected in this sector by […]
Taipei: “In the past 27 years, the semiconductor sector has undergone many major global changes. Currently, the geopolitical situation of the world is changing rapidly. Globalization and free trade are dying. Many think these things will be restored, but there should be a sense that the situation will not return to normal,” warned Morris Chang, […]
Washington: Leading companies globally have started cutting employees on a large scale against the background of the Coronavirus pandemic, inflation outbreak and the looming global recession crisis. Google, the leading company in the field of information technology, also gave an open warning to the employees while indicating the policy in this regard. Predicting big cuts […]
New Delhi: International investors have shown confidence in India despite the dramatic increase in instability and uncertainty due to Coronavirus Pandemic and geopolitical developments. Therefore, in the financial year 2021-22, India recorded a record investment of $83.57 billion. The Ministry of Commerce and Industry announced this. According to the Ministry of Commerce and Industry, foreign […]
Berlin: The regulatory body warned that the threat of major cyberattacks on the German Financial institutions had significantly increased given the Russia-Ukraine conflict. Over the last two months, there had been cyberattacks on German companies from the energy and automobile sector. Following that, the Five Eyes group had warned only last month that Russia was […]
Shanghai: There is an Intense public outcry in China against Corona lockdown imposed in the leading cities. It is reported that the disgruntled populations in the cities like Shanghai along with Ludong, Chengdu and Langfang have started expressing their displeasure through protests and even attacks. The Chinese security agencies have initiated action against this and […]
Washington/Beijing – A US thinktank has warned that war could be sparked between the United States and China over the shortage of semiconductors, referred to as the brain for the Advanced Technology sector. The US think tank has warned that the United States is currently dependent on the semiconductors manufactured in Taiwan and was dependent […]