Europe is clearly outpacing global peers in electrifying its automotive sector, with adoption pegged at 16 per cent of all new car sales in the region by 2025. By 2030, almost half of the annual sales would fall under the electric category, predicts a report by Accenture. What is powering Europe’s EV adoption, and what… Continue reading What India needs to learn from Europe’s rapid EV adoption
Author: Economic Times of India Online News
Entry-level vehicles go off buyers’ wish list
Large entry-level players like Hero MotoCorp in two-wheelers and Maruti Suzuki in cars will continue to play in this segment and offer aggressive schemes, discounts and new products, according to industry experts. Mumbai: Entry-level cars, the bread and butter for India’s automakers until a few years ago, are fast losing their place on the wish… Continue reading Entry-level vehicles go off buyers’ wish list
TelioEV appoints Mukesh Bansal as CTO
Mukesh Bansal, Chief Technology Officer, TelioEV New Delhi: TelioEV, a charging network provider, has announced the appointment of Mukesh Bansal as its Chief Technology Officer (CTO). Bansal brings around two decades of leadership experience in IoT and Robotics product solutions and customer engagement, according to a statement. Prior to joining TelioEV, Bansal held leadership positions… Continue reading TelioEV appoints Mukesh Bansal as CTO
Green energy business to outshine existing ones in 5-7 years: Mukesh Ambani
Mukesh Ambani Reliance Industries Ltd‘s (RIL) green energy business which was launched last year will outshine all its existing growth engines in just 5-7 years, Chairman Mukesh Ambani said in his note to shareholders in the company’s annual report for FY22. “Over the next 12 months our investments across the Green Energy value chain will… Continue reading Green energy business to outshine existing ones in 5-7 years: Mukesh Ambani
Dollar extends gains against yen as big Fed hike bets ramp up
The dollar index, which measures the currency against six counterparts, stood at 106.77, from a Friday peak of 106.93, also the strongest since July 28. OTTAWA – The dollar extended it best rally against the yen since mid-June on Monday, buoyed by higher Treasury yields after blockbuster U.S. jobs data lifted expectations for more aggressive… Continue reading Dollar extends gains against yen as big Fed hike bets ramp up
Learning from global experience: Creating carbon markets for India
As of April this year, there are 68 carbon pricing instruments (CPIs) operating in the world. These include 37 carbon taxes and 34 emissions trading systems (ETS) covering about 23% of global GHG emissions. Three more are scheduled for implementation. Global carbon pricing revenues increased by almost 60% in 2021, to around $84 billion. EU… Continue reading Learning from global experience: Creating carbon markets for India
How AI can bring transparency and visibility to supply chains, improve security and traceability of products
AI presents an incredible opportunity for supply chains to achieve higher levels of trust and transparency. A transparent supply chain function is critical for maintaining the supplier and customer expectations. To understand how AI can help improve supply chain transparency, we should first define what transparency is and why organizations are tracking transparency closely. In… Continue reading How AI can bring transparency and visibility to supply chains, improve security and traceability of products
Factory production weakens on lingering supply chain constraints
The strongest US job growth in five months and firmer-than-expected worker pay assuaged recession concerns, while also helping clear the path for the Federal Reserve to continue large interest-rate hikes. In Europe and Asia, factory production weakened on lingering supply-chain constraints that are contributing to persistent price pressures. The Bank of England stepped up its… Continue reading Factory production weakens on lingering supply chain constraints
FPIs buy shares worth Rs 14,000 cr in a week amid softening dollar index
New Delhi, After turning net buyers last month, foreign investors continued their positive stance on Indian equities and invested over Rs 14,000 crore in the first week of August amid softening of the dollar index. This was way higher than the net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in entire… Continue reading FPIs buy shares worth Rs 14,000 cr in a week amid softening dollar index
Village Engineers prog to be rolled out in Gujarat soon
The village engineers’ programme will soon be rolled out in Gujarat whereby tribal youth will be imparted training in multiple skills so that they can participate in the economic activities in their respective districts, the Centre said on Saturday. Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar held discussions with Members of Parliament… Continue reading Village Engineers prog to be rolled out in Gujarat soon