India tackles inflation better than any other country

He said the inflation in western countries and the US is at record levels and the impact on India was not as severe despite the country depending on crude oil, edible oil, even cereals like dal. Rejecting the opposition allegation that inflation the government has not been able to rein in rising inflation, senior BJP… Continue reading India tackles inflation better than any other country

PE firm Quadria Capital eyes first close of $800m Fund III by June

Healthcare-focused Quadria Capital, which is currently on the road to raise $800 million for its third fund, is looking to hit the first close sometime in the first half of 2023. The Singapore-headquartered private equity (PE) firm, with an establishment in India, recently amassed $25 million (as much as Rs 204.4 crore) from the Asian… Continue reading PE firm Quadria Capital eyes first close of $800m Fund III by June

India to ban Chinese-linked betting and lending appsLast year, India blocked access to several Chinese mobile apps, citing security concerns.

India’s Ministry of Electronics and Information Technology (MeitY) has begun a process to ban and block 138 betting apps and 94 loan lending apps with Chinese links, India’s ANI reported on Sunday, citing sources. The Ministry of Home Affairs recommended the MeitY ban and block these apps by the coming week under Section 69 of… Continue reading India to ban Chinese-linked betting and lending appsLast year, India blocked access to several Chinese mobile apps, citing security concerns.

Ally announces official sponsorship with NASCAR

Multiyear deal complements Hendrick Motorsports relationship, focuses on creating even greater fan experiences and advancing inclusivity in racing LOS ANGELES, Feb. 5, 2023 /PRNewswire/ — Ally Financial Inc., along with officials from NASCAR, today announced a league-wide sponsorship, expanding the brand’s presence in the sport, having Ally Bank become the Official Consumer Bank of NASCAR and… Continue reading Ally announces official sponsorship with NASCAR

The Aftershocks of the EV Transition Could Be Ugly

The introduction of any new system causes perturbations within the current operating environment, which in turn, create behavioral responses, some predictable, many not. As University of Michigan professor emeritus and student of system-human interactions John Leslie King observes “People find ways to use systems for their own benefit not anticipated by designers and developers. Their… Continue reading The Aftershocks of the EV Transition Could Be Ugly

Electric vehicles defy price war after Ford and Tesla discounts

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Electric vehicles defy price war after Ford and Tesla discounts

Tesla raises price of Model Y, Ford won’t do same for Mustang Mach-E

After making headlines for price cuts on its electric vehicles in January, Tesla reversed course and raised the price of its Model Y late Friday after the U.S. government relaxed regulations for electric vehicle tax credits. But Ford is not planning to raise the Mustang Mach-E price or change plans to offer a price break… Continue reading Tesla raises price of Model Y, Ford won’t do same for Mustang Mach-E

Elon Musk’s Appetite for Destruction

And yet, as Robert Lowell wrote, “No rocket goes as far astray as man.” In recent months, as the outrages at Twitter and elsewhere began to multiply, Musk seemed determined to squander much of the good will he had built up over his career. I asked Slavik, the plaintiffs’ attorney, whether the recent shift in… Continue reading Elon Musk’s Appetite for Destruction

Tesla hikes price of Model Y after US alters tax credit rule

Detroit – Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits. The Austin, Texas, electric vehicle company bumped up the price of the Model Y Long Range version by about… Continue reading Tesla hikes price of Model Y after US alters tax credit rule

Off Road Vehicle Market To Reach USD 16.8 Billion by 2028 at a CAGR of 4.2% | Valuates Reports

BANGALORE, India, Feb. 3, 2023 /PRNewswire/ — Off Road Vehicle Market is segmented by Type ( All-Terrain Vehicle, Utility Terrain Vehicle), by Application (Agriculture, Entertainment, Military, Sports, Others) : Global Opportunity Analysis and Industry Forecast, 2021-2028. It is published in Valuates Reports under the Automotive Industry Category. Due to the COVID-19 pandemic and Russia-Ukraine War Influence,… Continue reading Off Road Vehicle Market To Reach USD 16.8 Billion by 2028 at a CAGR of 4.2% | Valuates Reports