The Trump administration has suggested that its tariffs had isolated China as the U.S. engaged in talks with other countries. President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. “I’m looking at something… Continue reading Trump considers pausing his auto tariffs as the world economy endures whiplash
Author: Economic Times of India Online News
LME copper gains on relief from US tariffs, China stimulus
Market participants are expecting more stimulus measures from Chinese authorities to bolster consumption and cushion the economic impact of an escalating trade war with the United States. London copper firmed on Tuesday, remaining close to the over one-week high reached in the previous session, helped by recent exemptions from U.S. tariffs and hopes for more… Continue reading LME copper gains on relief from US tariffs, China stimulus
Delhi’s new anti-pollution moves: Will they be enough?
If people don’t have clean, affordable alternatives to driving, EVs alone won’t reduce the number of vehicles on the road or the traffic that slows the city to a crawl. Every winter, Delhi makes headlines for all the wrong reasons. Thick smog covers the city, pollution levels skyrocket, and air quality drops to hazardous levels.… Continue reading Delhi’s new anti-pollution moves: Will they be enough?
India has potential to emerge as global hub for IP-led innovation: Accel Partner Prashanth Prakash
Prashanth Prakash, founding partner of Accel India New Delhi, Asserting that there is “limitless headroom for entrepreneurs”, Prashanth Prakash, partner at Accel says the venture capital firm will use its recently announced $650 million fund over the next two-three years to back start-ups focused on AI and tech-led industrialisation. The company is eyeing 20-25 start-up… Continue reading India has potential to emerge as global hub for IP-led innovation: Accel Partner Prashanth Prakash
Namo Bharat train begins trial runs on Delhi-Meerut RRTS corridor’s key stretch
The Sarai Kale Khan station is expected to be one of the busiest commuter transit hubs along the corridor. The trial run on the 4.5 km stretch between New Ashok Nagar and Sarai Kale Khan Namo Bharat stations began on Saturday night. The Namo Bharat train crossed the Yamuna for the first time, continuing its… Continue reading Namo Bharat train begins trial runs on Delhi-Meerut RRTS corridor’s key stretch
We plan to set up 34 GW capacity by FY28, hit Rs 3,000 cr solar revenue this year itself: Shekhar Singal, MD, Eastman Auto and Power
Eastman Auto and Power, a power solutions company, expects that out of the Rs 6,000-7,000 crore revenue, solar business would be between Rs 2,500 crore to Rs 3,000 crore this year itself, its Managing Director, Shekhar Singal told ETEnergyWorld in an exclusive interaction. Singal shares how this family-owned enterprise plans to become a global solar… Continue reading We plan to set up 34 GW capacity by FY28, hit Rs 3,000 cr solar revenue this year itself: Shekhar Singal, MD, Eastman Auto and Power
Proposals to bring relief from toll charge on NHs, e-expressways under finance minister’s consideration
There are a significant number of private players collecting toll and govt has to compensate for the loss they may incur due to annual passes,” said a source. The two proposals of road transport ministry to bring relief to lakhs of commuters from shelling out high toll on national highways and expressways — no user… Continue reading Proposals to bring relief from toll charge on NHs, e-expressways under finance minister’s consideration
Auto-rickshaw fares set for revision after 12 years
There are more than 45,000 auto-rickshaws operating in Jaipur, and the last fare list was issued by the transport department in 2013. Auto and taxi union officials have requested fare hikes several times since. The regional transport office (RTO) in Jaipur is set to revise auto-rickshaw fares this month, marking the first revision in 12… Continue reading Auto-rickshaw fares set for revision after 12 years
China March iron ore imports drop to 20-month low, missing expectations
That brought the total exports in the first quarter to the highest for the period since 2016 at 27.43 million tons, an annual increase of 6.3per cent , customs data showed. China’s iron ore imports in March fell slightly from the prior month to a 20-month low, defying analysts’ expectations that monthly shipments would pick… Continue reading China March iron ore imports drop to 20-month low, missing expectations
South Korea, Australia vow stronger ties on energy, key minerals amid uncertainty
South Korea seeks to explore new suppliers of major minerals to reduce its heavy reliance on China. South Korea and Australia have agreed to strengthen bilateral cooperation on key minerals and energy sectors as part of broader efforts to navigate deepening global economic uncertainties, Seoul’s finance ministry said Sunday. The consensus was reached during a… Continue reading South Korea, Australia vow stronger ties on energy, key minerals amid uncertainty