Supply chains have been struggling to recover from China’s Covid Zero policy and Russia’s invasion of Ukraine, which has led to companies shunning the over-land railway that could have otherwise relieved pressure on logjammed ports. Empty container boxes crucial for Asia’s exporters are getting stuck in the port of Rotterdam as a growing backlog of… Continue reading Asia’s shortage of empty containers may worsen on Rotterdam jam
Author: Economic Times of India Online News
Short-term risk management must not hurt macro stability
The government needs to carefully manage short-term risks that the country face without sacrificing the “hard-earned macroeconomic stability”, the finance ministry said in its monthly economic report on Monday. India faced near-term challenges in managing its fiscal deficit, sustaining economic growth, reining in inflation, and containing current account deficit while maintaining a fair value of… Continue reading Short-term risk management must not hurt macro stability
Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide
San Francisco: Elon Musk has hinted that Tesla may bring back “Enhanced Autopilot” for those interested in a more immersive semi-autonomous driving experience than Basic Autopilot, but are unwilling to pay $12,000 for the company’s more advanced Full Self-Driving (FSD) suite. In early 2019, Tesla removed Enhanced Autopilot as it transitioned all vehicles to receive… Continue reading Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide
TRIPS waiver agreed in WTO to help developing countries make Covid vaccines: Piyush Goyal
Commerce and industry minister Piyush Goyal on Monday said intellectual property rights (TRIPS) waiver for five years agreed in the recently concluded WTO meet will help developing countries manufacture patented Covid vaccines to deal with the pandemic. Goyal said that India already has a number of Covid vaccines and can help other developing countries to… Continue reading TRIPS waiver agreed in WTO to help developing countries make Covid vaccines: Piyush Goyal
Shriram Group plans to add 2,500 employees for merged entity in 18-24 months
FILE PHOTO Chennai-based Shriram Group, which is in the process of merging its two non-banking financial companies, is planning to hire additional 2,500 people for the proposed entity over the next 18-24 months, a top company official said on Monday. Last year in December, the diversified financial group announced the merger of Shriram Capital Ltd… Continue reading Shriram Group plans to add 2,500 employees for merged entity in 18-24 months
I will keep supporting & buying Dogecoin crypto: Elon Musk
Musk has a significant personal investment into Bitcoin on top of Tesla’s investment and he has smaller Ethereum and Dogecoin holdings. NEW DELHI: As all leading cryptocurrencies crash, Tesla CEO Elon Musk has said he will keep supporting and buying Dogecoin, a cryptocurrency he has been vouching about for years. Amid the ‘crypto winter’, Dogecoin… Continue reading I will keep supporting & buying Dogecoin crypto: Elon Musk
ABB again delays IPO of e-mobility business, waiting for ‘constructive’ market conditions
ABB has further delayed the planned flotation of its electric vehicle charging business, the Swiss engineering and technology company said on Monday, citing the turbulence unsettling stock markets. ABB had pushed back the proposed IPO of the E-mobility business earlier this month, although it had planned to launch the process in the “coming weeks”. The… Continue reading ABB again delays IPO of e-mobility business, waiting for ‘constructive’ market conditions
Solar-powered charging station at Tamil Nadu Secretariat
CHENNAI: E-vehicle owners will soon get more charging stations one at the Secretariat and another at the DPI campus in Nungambakkam. What will set them apart is that they are completely solar powered and would be set up by the Tamil Nadu Energy Development Agency (TEDA) as model plants. A TEDA official said the charging… Continue reading Solar-powered charging station at Tamil Nadu Secretariat
Test for learner’s licence goes online in Chennai
KOLKATA: For a learner’s licence (LL), a candidate does not need to come to the road transport office (RTO) for a written test, but can do so from the comfort of their homes or cyber cafes. However, they need to appear physically for driving tests to get a driving licence. Each and every learner, henceforth,… Continue reading Test for learner’s licence goes online in Chennai
INNOVATION: Now, possible to charge Electric Vehicles like mobiles
New Delhi: Like diesel and petrol vehicles, now electric vehicles will also be able to cover long distances, thanks to the invention of two students of Meerut Institute of Engineering and Technology (MIET). With the innovation of the Wireless Electric Vehicles Charging System by Sagar Kumar and Rohit Rajbhar, the electric vehicles will get charged… Continue reading INNOVATION: Now, possible to charge Electric Vehicles like mobiles