Police said that in road accidents involving two-wheelers, it was found that among the dead, 82% were not wearing helmets. Hyderabad: Road accidents in 2021 under Cyberabad commissionerate went up by 18% and the number of deaths came down by 2%, as compared to 2020. Police said that in road accidents involving two-wheelers, it was… Continue reading Two-wheeler deaths: 82% had no helmets
Author: Economic Times of India Online News
Amid boycott, India-China trade volume at record high of $100bn: Report
Chinese state media pointed out that while there are those in India who are concerned about the trade deficit, advocating not to rely too much on trade with China, the data speaks for itself. New Delhi: Amidst repeated domestic boycotts of Made-in-China, trade volume between India and China hit a record high of $100 billion… Continue reading Amid boycott, India-China trade volume at record high of $100bn: Report
CarDekho maps a South East Asia trip from Malaysia
Girnar-Software-owned CarDekho sells vehicles online in the National Capital Region, Mumbai and Bengaluru. It has businesses in Indonesia and Philippines as well. Automobile portal CarDekho, which had raised $250 million in a funding round led by Leapfrog Investments in October, is looking to expand its footprint in Southeast Asia after commencing operations in Malaysia recently.… Continue reading CarDekho maps a South East Asia trip from Malaysia
Vingroup names vice chair as CEO of its automaking arm
Thuy replaces Michael Lohscheller, who will return to Europe due to personal reasons, Vingroup said. Vietnamese conglomerate Vingroup JSC on Monday named Vice Chair Le Thi Thu Thuy as the global chief executive officer of its automaking arm VinFast. Thuy replaces Michael Lohscheller, who will return to Europe due to personal reasons, Vingroup said. Thuy,… Continue reading Vingroup names vice chair as CEO of its automaking arm
Chinese VC firm Eastern Bell raises $2 bln for latest yuan and dollar funds
After the latest close, Eastern Bell Capital’s total assets under management reached 27 billion yuan. SHANGHAI: Chinese venture capital firm Eastern Bell Capital has raised more than 13 billion yuan ($2.04 billion) in its latest funding round, boosting the firm’s investment firepower in the world’s second largest economy. The investor in electric-car maker Xpeng Inc… Continue reading Chinese VC firm Eastern Bell raises $2 bln for latest yuan and dollar funds
Inflation replaces Covid shock as top risk factor for India
In India, economists identify inflation as the greatest risk, as per the survey. New Delhi: While “Covid shock” maintains its number one position among risk factors in leading Asian economies, in India “inflation risk” has replaced it for the first time since the March 2020 poll, according to a latest survey. The Japan Centre for… Continue reading Inflation replaces Covid shock as top risk factor for India
Expect more shipping chaos as Omicron forces transport workers to quit
The shortage may worsen as shipowners and charterers request only vaccinated crew be hired. And with omicron requiring more booster shots, the dearth is intensifying. From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the transport industry is bracing for another… Continue reading Expect more shipping chaos as Omicron forces transport workers to quit
Gas stations and beyond: Why cybersecurity is a top priority for industrial infrastructure
Something as common as a gas station has all the attributes of an ICS, such as connected equipment including pumps and tanks, controllers, a management system, a payment system, as well as connection to the corporate network, third-party service systems, and the internet. Just like any industrial facility, it has cybersecurity issues that companies should… Continue reading Gas stations and beyond: Why cybersecurity is a top priority for industrial infrastructure
Exports up 36% on-yr in Dec 1-21
India aims to clock $400 billion of goods exports in FY22, a growth of 37.6% from $290.6 billion. India’s exports in the first three weeks of December rose 36.20% on-year at $23.82 billion. Outbound shipments were 27.7% higher than the same period of 2019-20, sources said. Export excluding petroleum, oil and lubricants increased 28.08% over… Continue reading Exports up 36% on-yr in Dec 1-21
Lexus’s new hydrogen-fuelled ROV: Know what it features
The automaker maintains that it’s still “the kind of vehicle that people would expect from a luxury car maker”. New Delhi: On Monday, Lexus revealed its hydrogen-powered recreational off-highway vehicle (ROV) concept that ensures an adventurous drive with zero emissions. The ROV has been designed as a luxury offering without losing out on its ruggedness… Continue reading Lexus’s new hydrogen-fuelled ROV: Know what it features