The Reserve Bank of India (RBI) on Wednesday raised the key policy interest rate by 50 basis points owing to intensifying inflationary pressures, slowing growth, persisting geopolitical tensions and sanctions, and lingering COVID-19 related supply chain bottlenecks. An ET poll suggested the policy repo rate could be increased by 25-50 basis points with nearly half… Continue reading Monetary policy highlights: Here are the top 10 takeaways
Author: Economic Times of India Online News
Tesla’s job cut may save up to $1 bn yearly operational costs: Report
San Francisco: While tech billionaire Elon Musk recently said that Tesla would be reducing its salaried headcount by 10 per cent, a Goldman Sachs analyst says it can provide the company up to $1 billion in annual operating expenses (OPEX) savings — the company’s day-to-day expenses. Recently, Musk had noted that his electric vehicle company… Continue reading Tesla’s job cut may save up to $1 bn yearly operational costs: Report
Audio Interview: UK Supply Chain Challenges: Post-Brexit Update
Oliver Bridge leads Grant Thornton’s global automotive team, and is Head of Operational Consulting, Business Consulting, Grant Thornton UK. He has over 20 years of advisory and industry experience. For the past twelve years he has worked on complex international advisory assignments, including transactions, supply chain optimisation and operational cost reduction. Oliver has over 20… Continue reading Audio Interview: UK Supply Chain Challenges: Post-Brexit Update
Hiring demand up 9% in May: Report
Recruiters have not scaled down their ambitions to hire talent and there is most definitely unmet demand in the market today, an industry insider said. Job demand continued to be on a growth trajectory in May, witnessing a 9% rise year-on-year, mainly supported by telecom, banking, financial services and insurance and import and export sectors,… Continue reading Hiring demand up 9% in May: Report
India ranks lowest among 180 countries in environmental performance index
India has been placed at the bottom on a list of 180 countries judged for their environmental performances by US-based institutions. Denmark topped the 2022 Environmental Performance Index (EPI) published recently by the Yale Center for Environmental Law and Policy and the Center for International Earth Science Information Network, Columbia University, followed by the UK… Continue reading India ranks lowest among 180 countries in environmental performance index
How to get different insurance policies in exports
One thing the pandemic has taught everyone is uncertainty. This has given added importance to the businesses of insurance. Further, looking at the global supply chain disruption, it is now a must for exporters to make sure they mitigate the consequences of delays and be prepared for such uncertainties. Insurance policies can be of utmost… Continue reading How to get different insurance policies in exports
Delhi airport to introduce 62 e-vehicles in 4 months to cut greenhouse gas emissions
Delhi Airport The Delhi airport will induct 62 electric vehicles in the next four months for its airside operations to reduce 1,000 tonne of greenhouse gas emissions annually, its operator DIAL said recently. The runway, taxiway and apron that are directly involved in the arrival and departure of aircraft are known as the airside area.… Continue reading Delhi airport to introduce 62 e-vehicles in 4 months to cut greenhouse gas emissions
Electric vehicle outlook is even brighter if the world bikes and takes the bus
Representative Image Last week, my team at BloombergNEF published our big annual Electric Vehicle Outlook. The report looks at how all the different segments of road transport could evolve over the coming decades and maps out the impact on oil markets, electricity demand, batteries, metals and materials, charging infrastructure and emissions. There’s a lot of… Continue reading Electric vehicle outlook is even brighter if the world bikes and takes the bus
Trehan Iris, BOLT sign MoU to install EV charging solutions in Gurugram
BOLT EV charging solution New Delhi: EV charging network BOLT today signed a Memorandum of Understanding (MoU) with Trehan Iris, a veteran, and real estate player to set up 10 EV charging stations in Iris Tech Park in Sohna Road and Iris Broadway Mall in Sectors 85 and 86 in Gurugram. With this partnership, the… Continue reading Trehan Iris, BOLT sign MoU to install EV charging solutions in Gurugram
Ducon floats arm to carry out R&D on green hydrogen electrolyzer
Representative image (AP) New Delhi: Ducon Infratechnologies, a growing diversified technology company, has set up a new business division, Hydrofule, in its wholly-owned US-based subsidiary to carry out Research & Development work on building a large-scale economical Green Hydrogen Electrolyzer. This electrolyzer will work with solar energy to achieve a conversion efficiency of at least… Continue reading Ducon floats arm to carry out R&D on green hydrogen electrolyzer