Washington: Leading US financial institution JP Morgan warned, ‘The crash in the US stock markets has caused a loss of a whopping $5 trillion to the investors. Cumulative losses till the end of this year could reach up to $9 trillion.’ US stock indices Dow and Jones, S&P500, Nasdaq and Bloomberg Index have crashed by […]
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New Delhi – Union Minister Nitin Gadkari told the Tesla Motor Company that the concept of manufacturing cars in China and selling them in India is not digestible. This company manufacturing electric cars demanded that the import duty on electric cars be reduced in India. Thus, Gadkari reacted against this background. While answering a question […]
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Beijing: – The competition in space has intensified between the United States and China. US entrepreneur Elon Musk’s Starlink satellites narrowly missed the Tiangong space station twice. China complained to the United Nations that a situation had been created in which China might have lost its space station. China is also claiming that the incidents […]
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Beijing: – Many provinces in China are facing power shortages that have hit foreign companies along with millions of homes. This is due to the Chinese government’s crackdown on coal companies, rising fuel prices and increasing demand for electricity. The power shortage has affected the production of companies like Apple and Tesla in China, and […]
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New Delhi – India is considering various options for clean and affordable energy options. For this, the United Kingdom has expressed its willingness to cooperate with India. Recently, Prime Minister Narendra Modi had announced the National Hydrogen Mission in his Independence Day speech. On this front, the United Kingdom has expressed willingness to cooperate with […]
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New Delhi: – The lithium batteries required in the Electric Vehicles (e-vehicles) will be manufactured indigenously in the next six months. Union Road Transport and Highways Minister, Nitin Gadkari, claimed that on this foundation, India would become the leader in manufacturing e-vehicles in the times to come. Union Minister Gadkari expressed this confidence during a […]
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New Delhi: Union Minister of State for Finance Anurag Thakur informed that the government is willing to evaluate the use of newer technologies including cryptocurrency. A few months ago, the government had appointed a high-level Inter-Ministerial Committee, presided over by the Economic Affairs Secretary. The committee has submitted its report to the government and it […]
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New Delhi: – It is being reported that the government is planning to bring an incentive scheme with a view to encourage the use of electric vehicles for the projects to manufacture modern batteries used in electric vehicles. The NITI Aayog has prepared a report in this regard. The NITI Aayog expressed confidence that if […]
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Hongkong/Washington: Chinese companies have taken a major hit following the sanctions imposed by US President Donald Trump. It has been reported that leading Chinese companies from the information technology sector, including Tencent, have suffered losses of $75 billion. Tencent, one of the top 10 companies in the world, is believed to have taken a hit […]
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Washington: The World Health Organisation (WHO) has warned that the United States could become the new epicentre of the Coronavirus pandemic. The Coronavirus pandemic, which is ravaging the world has claimed 582 lives in the United States as 46,168 cases were reported. After recording 111 new deaths and 10,968 cases of the new Coronavirus in […]
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