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India Well-Positioned To Deal With Negative Effects Of US Tariffs: Moody's
India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.
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Wholesale Inflation Falls To 0.85% In April
Wholesale price inflation dropped to 0.85 per cent in April as prices of food articles, manufactured products, and fuel eased, government data showed on Wednesday.
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Atmos Space Cargo’s Phoenix Capsule Set for First Orbital Test on SpaceX Mission
Germany’s Atmos Space Cargo is set to test its Phoenix capsule on SpaceX’s Bandwagon 3 mission, targeting an efficient cargo-return solution. The capsule will carry multiple payloads, including biomedical experiments and a radiation detector. Equipped with an inflatable atmospheric decelerator, Phoenix aims to streamline the return of space-man...
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EV Manufacturer Concerns Over Subsidies to Be Discussed by US, EU Task Force Next Week
EV manufacturer worries regarding the $430 billion (roughly Rs. 35.3 lakh crore) Inflation Reduction Act that was enacted by the US in August will be discussed by a task force, comprising US and EU officials, next week. The recently passed US law is aimed at rolling back climate change and making Washington a world leader in the EV market. However,...
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EU Electric Car Makers May Soon Have Level Playing Field With US EV Manufacturers For Subsidies: Details
European Union officials are expected to reach an agreement with their US counterparts as the bloc aims to get the same status as US car makers for EV manufacturers in the EU. The US Inflation Reduction Act offers government tax breaks or subsidies for purchases of electric cars but makes such support conditional on the car, or parts of it, being m...
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Samsung Q3 Profit Set to Decline 25 Percent Amid Reduced Demand, Analysts Say
Samsung's Q3 profit is expected to decline by 25 percent, according to analysts. One of the world's largest chip manufacturers could see the first decline in profits in three years, amid rising inflation, fears of recession, and uncertainty about the fallout from Russia's invasion of Ukraine. Until the latest quarter, robust demand for devices as p...
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TSMC Quarterly Profit Surges 76 Percent, Beats Market Estimates on Strong iPhone 13 Demand
Taiwan Semiconductor Manufacturing (TSMC) reported a 76.4 percent jump in second-quarter profit on Thursday and beat market estimates on strong demand for the iPhone 13 despite record global inflation levels. The chipmaker also benefitted from solid sales of high-performance computing (HPC) chips used in 5G networks and artificial intelligence.
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Chip Hoarding by PC and Smartphone Makers Turns Shortage to Glut Amid Inflation, Lockdowns, and Ukraine Crisis
After a global chip shortage that saw PC and smartphone makers struggle to source semiconductors to make their products, the industry has seen a glut in some sectors. Analysts say that big suppliers of chips to consumer electronics makers, especially low-end smartphones, will be hit hardest by the downturn. Manufacturers who stockpiled computer chi...
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Opinion: Inflation And Price Rise - You're On Your Own, People
Today in power, when prices are shooting up, the leaders of the ruling regime maintain a deafening silence. Instead, they strain every nerve to divert people with their manufactured divisive slogans.
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US Says It Will Spend $3 Billion on Electric Vehicle Battery Manufacturing
The funds are said to be allocated by the US Department of Energy from the $1 trillion (roughly Rs. 76,62,200 crore) infrastructure bill President Joe Biden signed last year. Among the initiatives will be processing of minerals for use in large-capacity batteries and recycling those batteries, according to officials.
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India's Oct WPI Inflation Accelerates To 5-Month High As Firms Face Rising Costs
India's annual wholesale price-based inflation, a proxy of producers' prices, accelerated in October to a five-month high, pushed up by increases in fuel and manufacturing prices, fuelling concerns of rising inflationary pressures for firms.
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Honda Jazz, Honda City, Honda Civic, Honda CR-V, Honda Accord Recalled In India
As many as 5,088 cars of Honda Car India have been recalled in India to replace airbag inflators. The recall is part of Honda's global announcement to replace airbag inflators in as many as 16 lakh vehicles.
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Honda Cars India Recalls 3,669 Units Of Accord To Replace Takata Airbag Inflators
Honda Cars India has announced that it will voluntarily replace Takata driver front airbag inflators from 3,669 units of the Honda Accord, which were manufactured between 2003 and 2006.
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Maharashtra Farmer Files Police Complaint For 'Wrong' Weather Forecast
Farmers from a village in Marathwada region have filed a police complaint against the India Meteorological Department, accusing it of colluding with seed and pesticide manufacturers and inflating the monsoon forecast figures.
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US Job Growth Strong But Unemployment Rate Rises To 4 Per Cent
US job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases.
-
India Well-Positioned To Deal With Negative Effects Of US Tariffs: Moody's
India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.
-
Wholesale Inflation Falls To 0.85% In April
Wholesale price inflation dropped to 0.85 per cent in April as prices of food articles, manufactured products, and fuel eased, government data showed on Wednesday.
-
Atmos Space Cargo’s Phoenix Capsule Set for First Orbital Test on SpaceX Mission
Germany’s Atmos Space Cargo is set to test its Phoenix capsule on SpaceX’s Bandwagon 3 mission, targeting an efficient cargo-return solution. The capsule will carry multiple payloads, including biomedical experiments and a radiation detector. Equipped with an inflatable atmospheric decelerator, Phoenix aims to streamline the return of space-man...
-
EV Manufacturer Concerns Over Subsidies to Be Discussed by US, EU Task Force Next Week
EV manufacturer worries regarding the $430 billion (roughly Rs. 35.3 lakh crore) Inflation Reduction Act that was enacted by the US in August will be discussed by a task force, comprising US and EU officials, next week. The recently passed US law is aimed at rolling back climate change and making Washington a world leader in the EV market. However,...
-
EU Electric Car Makers May Soon Have Level Playing Field With US EV Manufacturers For Subsidies: Details
European Union officials are expected to reach an agreement with their US counterparts as the bloc aims to get the same status as US car makers for EV manufacturers in the EU. The US Inflation Reduction Act offers government tax breaks or subsidies for purchases of electric cars but makes such support conditional on the car, or parts of it, being m...
-
Samsung Q3 Profit Set to Decline 25 Percent Amid Reduced Demand, Analysts Say
Samsung's Q3 profit is expected to decline by 25 percent, according to analysts. One of the world's largest chip manufacturers could see the first decline in profits in three years, amid rising inflation, fears of recession, and uncertainty about the fallout from Russia's invasion of Ukraine. Until the latest quarter, robust demand for devices as p...
-
TSMC Quarterly Profit Surges 76 Percent, Beats Market Estimates on Strong iPhone 13 Demand
Taiwan Semiconductor Manufacturing (TSMC) reported a 76.4 percent jump in second-quarter profit on Thursday and beat market estimates on strong demand for the iPhone 13 despite record global inflation levels. The chipmaker also benefitted from solid sales of high-performance computing (HPC) chips used in 5G networks and artificial intelligence.
-
Chip Hoarding by PC and Smartphone Makers Turns Shortage to Glut Amid Inflation, Lockdowns, and Ukraine Crisis
After a global chip shortage that saw PC and smartphone makers struggle to source semiconductors to make their products, the industry has seen a glut in some sectors. Analysts say that big suppliers of chips to consumer electronics makers, especially low-end smartphones, will be hit hardest by the downturn. Manufacturers who stockpiled computer chi...
-
Opinion: Inflation And Price Rise - You're On Your Own, People
Today in power, when prices are shooting up, the leaders of the ruling regime maintain a deafening silence. Instead, they strain every nerve to divert people with their manufactured divisive slogans.
-
US Says It Will Spend $3 Billion on Electric Vehicle Battery Manufacturing
The funds are said to be allocated by the US Department of Energy from the $1 trillion (roughly Rs. 76,62,200 crore) infrastructure bill President Joe Biden signed last year. Among the initiatives will be processing of minerals for use in large-capacity batteries and recycling those batteries, according to officials.
-
India's Oct WPI Inflation Accelerates To 5-Month High As Firms Face Rising Costs
India's annual wholesale price-based inflation, a proxy of producers' prices, accelerated in October to a five-month high, pushed up by increases in fuel and manufacturing prices, fuelling concerns of rising inflationary pressures for firms.
-
Honda Jazz, Honda City, Honda Civic, Honda CR-V, Honda Accord Recalled In India
As many as 5,088 cars of Honda Car India have been recalled in India to replace airbag inflators. The recall is part of Honda's global announcement to replace airbag inflators in as many as 16 lakh vehicles.
-
Honda Cars India Recalls 3,669 Units Of Accord To Replace Takata Airbag Inflators
Honda Cars India has announced that it will voluntarily replace Takata driver front airbag inflators from 3,669 units of the Honda Accord, which were manufactured between 2003 and 2006.
-
Maharashtra Farmer Files Police Complaint For 'Wrong' Weather Forecast
Farmers from a village in Marathwada region have filed a police complaint against the India Meteorological Department, accusing it of colluding with seed and pesticide manufacturers and inflating the monsoon forecast figures.
-
US Job Growth Strong But Unemployment Rate Rises To 4 Per Cent
US job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases.
