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Economy / NDTV

Chipmaker Infineon Raises 2022 Revenue Outlook After Results Beat

The Munich-based company raised its 2022 revenue for the second time by 500 million euros ($525.20 million) to around 13.5 billion euros, including a range of plus or minus 500 million euros.

27 May 2022 9:05 pm
Toyota Rolls Out First Battery Electric Car In Cautious Debut As Rivals Go Full-Throttle

Petrol-electric hybrid models remain far more popular in Toyota's home market than electric vehicles (EVs), which accounted for just 1% of the passenger cars sold in Japan last year, according to...

27 May 2022 9:00 pm
For EV Maker Rivian, Delivery Headache Hits As Market Shuts Down Coffers

The complaints mounted after Rivian Automotive Inc in late April said it was changing the production sequence of vehicles, prioritizing those with specific interior and exterior color and wheel...

27 May 2022 8:44 pm
Tesla Submits Application To Expand German Plant: Report

Tesla which already has 300 hectares of land for its auto factory and battery plant under construction, planned to build a freight station, logistics areas and parking spaces on the additional space,...

27 May 2022 8:36 pm
Fire Reported At Ather Energy's Dealership In Chennai, No Injuries Reported

A fire broke out at Ather Energy's Chennai dealership with about four scooters reportedly burned down. The company confirmed that no employee was injured in the mishap.

27 May 2022 8:07 pm
2022 Toyota Starlet (New Glanza) Premium Hatchback Launched In South Africa

The premium hatchback, which is sold here as Toyota Glanza, is Made-In-India and is exported to South Africa under the Starlet moniker. The 2022 model was recently launched in India with a major...

27 May 2022 8:00 pm
TVS HLX 125 Gold, HLX 150 Gold Limited Edition Models Lanched In Kenya

The TVS HLX series of motorcycle have proved to be immensely popular in African markets due to their sturdy build and high reliability.

27 May 2022 7:20 pm
Tata Motors Files 125 Patents In Last Financial Year

The carmaker announced that it had filed its highest number of patents ever in a financial year.

27 May 2022 7:16 pm
2022 Triumph Tiger 1200: Top 5 Highlights

Here's a look at the top 5 highlights of the all-new 2022 Triumph Tiger 1200. What has changed, what's new, and what you can get in the latest generation Tiger 1200.

27 May 2022 6:48 pm
Hero Electronix's Qubo Announces Entry Into Auto Tech Segment

Qubo has launched a Smart Dash Cam, marking the brand's entry into the auto tech segment.

27 May 2022 6:19 pm
Ola Looking For Land For Electric Car Project: Report

Bhavish Aggarwal has said numerous times that he wants to launch the first Ola electric car by 2023.

27 May 2022 5:56 pm
High Impact Accidents Cause Front Fork Failure, Isolated, Says Ola

Ola said that the suspension failure incidents were due to high-impact accidents and were isolated in nature. The two-wheeler maker iterated that vehicle safety and quality standards are of...

27 May 2022 5:41 pm
Keeway Launches Sixties 300i And Vieste 300; Price Begins At Rs. 2.99 Lakh

Hungarian maker Keeway announced both Sixties 300i and Vieste 300 are priced at Rs. 2.99 lakh (ex-showroom).

27 May 2022 5:39 pm
Nissan Z Is The New Safety Car For Super GT Race Series

The new Nissan Z Safety Car will make its debut at the Suzuka Circuit on May 29.

27 May 2022 4:57 pm
World Stocks Eye First Weekly Gain In Eight Weeks, Dollar Hits 1-Month Low

World stocks were heading for their first weekly gain in eight weeks on Friday on a more upbeat earnings view.

27 May 2022 4:56 pm
Global Firms Warn Of Sluggish China Demand Due To Lengthy COVID Curbs

Car sales in the world's largest auto market have slowed dramatically, gamers are buying fewer consoles, and people are unwilling to replace their existing smartphones, laptops and TVs, as prolonged...

27 May 2022 4:48 pm
India Asks GAIL To Import LNG To Meet Rising City Gas Demand

India has mandated state-run GAIL (India) Ltd to import gas and buy from local difficult fields to meet growing demand growth from household and transport sectors as cheaper supplies.

27 May 2022 4:19 pm
S-Oil's Gasoline Output Hit After Refinery Blast Kills One

South Korea's third largest refiner, S-Oil Corp, has suspended production of several processing units after a blast at its Onsan refinery.

27 May 2022 3:52 pm
Blast At Spanish Biodiesel Plant Kills Two

The plant is operated by privately-owned company Iniciativas Bioenergeticas which produces biodiesel and glycerine there from recycled vegetable oils.

27 May 2022 2:52 pm
India's ONGC To Sell Stake, Seeks Global Help To Develop Fields

ONGC is hoping to lure interest from global companies with the equisite technical expertise and financial strength to support it in developing its Deen Dayal West field in the Bay of Bengal and...

27 May 2022 2:45 pm
Cricketer Ajinkya Rahane Adds The BMW 6 Series GT To His Garage

Indian cricketer Ajinkya Rahane recently took delivery of his new BMW 6 Series GT, in the 630i M Sport variant, which is priced at Rs. 69.90 lakh (ex-showroom).

27 May 2022 2:42 pm
U.S. Seizes Iranian Oil Cargo Near Greek Island - Sources

The vessel's Russian owner Transmorflot was subsequently designated on May 8. The tanker, renamed Lana on March 1 and flying the Iranian flag since May 1, has remained near Greek waters since then. It...

27 May 2022 2:41 pm
Taiwan's Delta Electronics Expanding 'Everywhere' on EV, Server Boom

More traditional automakers such as Ford Motor Co, not just Tesla, are seeing their EV sales soar, a trend that will continue to Delta's benefit, he added.

27 May 2022 2:40 pm
Asia Shares Join Global Rebound On Easing Of Fed Hike Fears, China Tech Boost

Asian shares on Friday extended overnight global gains thanks to strong results from regional tech firms and U.S. retailers

27 May 2022 2:35 pm
India's ONGC To Boost Exploration With $4 Billion Investment Over 3 Years

India, the world's third biggest oil importer and consumer, ships in over 80% of its oil needs. Asia's third largest economy wants to monetise its oil and gas resources to cut its import bill.

27 May 2022 2:33 pm
Supply Chains Snarl Taiwan Tech Firms As Some Strive To Meet Demand

Taiwanese tech suppliers are suffering from supply constraints, even for such things as packing materials, as some struggle to take advantage of soaring demand.

27 May 2022 2:27 pm
Faulty Battery Cells, Modules Likely Caused e-Scooter Fire In India, Initial Probe Finds

India wants e-scooters and e-bikes to make up 80% of total two-wheeler sales by 2030, from about 2% today.

27 May 2022 2:13 pm
Pakistan Hikes Fuel Prices To Unlock IMF Funding

The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is...

27 May 2022 2:08 pm
Toyota Warns Profit To Skid 20% As Raw Materials Costs Pile Up

Toyota Motor warned unprecedented hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world's top automaker by sales can no longer shrug off the supply-chain...

27 May 2022 2:04 pm
Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban

Hungary remains a stumbling block, as EU sanctions require unanimous support. Hungary is pressing for about 750 million euros ($800 million) to upgrade its refineries and expand a pipeline from...

27 May 2022 2:02 pm
Indian Shares Jump Over 2% As Auto, Metal Stocks Rally

In Mumbai, all 50 stocks on the Nifty 50 index were trading higher and nearly all Nifty sub-indexes climbed. The Nifty auto index, realty index and metal index gained more than 3% each.

27 May 2022 1:58 pm
Vietnam EV Maker VinFast To Shift Legal HQ To Singapore

Vietnam's VinFast is shifting its legal and financial headquarters to Singapore as the fledgling electric vehicle (EV) maker readies for a potential public listing and the first production run of cars...

27 May 2022 1:50 pm
Tips to Take Care of Your Car's Tyres

Do you know how to take care of your car's tyres? If not, then don't worry. In this article, we will share with you some simple tips that will help you maintain your car's tyres in top shape.

27 May 2022 12:54 pm
2023 Honda CR-V Teased For North American Market

The photos, which give us a good look at the upcoming new-generation SUV, come after confirmation earlier this month that the 2023 Honda CR-V and 2023 Honda CR-V Hybrid will hit the US market later...

27 May 2022 12:47 pm
Tesla Submits Application To Expand German Plant - Report

The company plans to build on a further 100 hectares east of its plant in Germany expanding the site's area by a third

27 May 2022 12:40 pm
Hyundai Venue Subcompact SUV Crosses 3 Lakh Units Sales Milestone In India

The Hyundai Venue has crossed the 3 lakh units sales milestone in India. The subcompact SUV has been on sale in the country for the last three years, and currently holds a market share of 16.9 per...

27 May 2022 11:36 am
Suzuki V-Strom SX Review

The Suzuki V-Strom SX is the newest budget ADV in the market. Modelled after the Suzuki Gixxer 250, the V-Strom SX aims to be a pocket-friendly do-it-all adventure touring motorcycle in what is...

27 May 2022 11:30 am
2022 Benelli TRK 502 X Updated In China; Gets TFT Display, Less Weight

New cast aluminium swingarm reduces weight by 3.6 kg. New full-colour TFT screen, wire-spoke wheels with tubeless tyres, heated grips and tyre pressure monitoring system also introduced.

26 May 2022 7:52 pm
Pinnacle Industries Develops Special Neonatal Ambulances For The Maharashtra Government

The special neonatal ambulances, which will be used to provide medical and emergency care to newborn babies, have been designed and developed for the Maharashtra government . Pinnacle Industries has...

26 May 2022 6:34 pm
2022 BMW i4: All You Need To Know

The i4 is the BMW Groups third EV for India in the last 6 months and like its siblings is available in a single variant.

26 May 2022 6:31 pm
Kawasaki To Introduce Brand's First Electric Motorcycle

The new electric bike from Kawasaki will be introduced on June 7, 2022 and is likely to be a small electric motocross bike designed for children.

26 May 2022 5:26 pm
Kia EV6 Scores Full 5 Star Rating In Australia NCAP Crash Test Results

The Kia EV6 scored 90 per cent in adult occupant protection, 87 per cent in child occupant protection and 64 per cent in vulnerable road user protection. The car also went on to score 88 per cent in...

26 May 2022 4:55 pm
Suzuki Vision Gran Turismo Unveiled On Gran Turismo 7

The Suzuki Vision Gran Turismo was developed as a unique all-wheel-drive super sports car that fused the company's motorcycle and automotive know-how.

26 May 2022 4:15 pm
Royal Enfield Classic 350 & Meteor 350 Launched In Malaysia

The launches also mark Royal Enfield's re-entry into the Malaysian market and the motorcycle maker has teamed up with Didi Automotive, which will be its distribution partner in the country.

26 May 2022 4:02 pm
KTM 390 Rally Spotted On Test

Is KTM working on a more hard-core Rally version based on the next-generation KTM 390 Adventure? Spy shots seem to suggest so.

26 May 2022 3:36 pm
Mahindra Bolero City Pik-Up Launched; Priced At Rs 7.97 lakh

New Bolero City Pik-Up is the third commercial model in Mahindras Bolero Pik-Up range after the Bolero Extra Strong and Bolero Extra Long.

26 May 2022 1:59 pm
BMW i4 Electric Sedan Launched In India, Priced At Rs. 69.90 Lakh

The new BMW i4 is offered in one variant - i4 eDrive40, and the electric sedan is India's longest-range electric vehicle with a claimed driving range of up to 590 km on a single charge.

26 May 2022 1:10 pm
Daimler India Commercial Vehicles Turns 10; Aims At Carbon-Free Operations By 2025

In its time here in the country, DICV achieved domestic sales of more than 1.25 lakh vehicles, exported over 50,000 vehicles and more than 200 million parts to over 60 countries around the world.

26 May 2022 12:19 pm
Maserati MC20 Cielo Debuts As Firm's New Open-Top Supercar

The MC20 Cielo features a folding hard-top with an electrochromic glass roof offering clear views of the sky even with the roof up.

26 May 2022 12:07 pm
Kia EV6 Electric Crossover Bookings Begin In India

With only 100 units allocated for India for 2022, customers can book the Kia EV6 electric crossover for a token amount of Rs. 3 lakh.

26 May 2022 7:15 am