Tesla shares dropped 14% on Thursday, wiping out over $150 billion in market value. The stock has declined in four of the past five trading sessions. The sharp fall in Tesla’s share price came after a public disagreement between Tesla CEO Elon Musk and US President Donald Trump. The company’s market capitalisation fell below the $1...
Trinamool Congress MP Mahua Moitra on Thursday confirmed her marriage to former Biju Janata Dal (BJD) parliamentarian Pinaki Mishra, thanking well-wishers for their love and blessings. There was speculation about their wedding, which, according to media reports, took place in a private ceremony in Germany. “Thank you everyone for the love and good wishes!! So...
American Secretary of Commerce Howard Lutnick has said a trade deal between India and the United States (US) could be finalised in the “not too distant future” because “we’ve found a place that really works for both countries”. He signalled that the agreement might be concluded before the end of a 90-day pause on American...
As the small car segment continues to witness gradual decline with affordability factor coming into play, Maruti Suzuki India on Monday called for incentives to spur the sales. Entry cars priced below Rs 5 lakh, which used to be around a million units (9,34,538 units) in FY16, have declined to just 25,402 units in FY25 and accounting...
SpaceX’s prototype Starship exploded over the Indian Ocean on Tuesday (May 27, 2025), capping another bumpy test flight for the rocket central to billionaire Elon Musk’s dream of colonising Mars. The biggest and most powerful launch vehicle ever built lifted off around 6:36 p.m. (2336 GMT) from the company’s Starbase facility, near a southern Texas...
Benchmark indices Sensex and Nifty surged on Monday (May 26, 2025) due to a host of positive triggers, as U.S. President Donald Trump delayed 50% EU tariffs to July 9, 2025 The 30-share BSE benchmark gauge Sensex jumped 455.37 points or 0.56%, to settle at 82,176.45. During the day, it surged 771.16 points or 0.94%, to 82,492.24. .
The southwest monsoon arrived in Maharashtra on Sunday (May 25, 2025), making it the earliest onset of the annual rainfall season over the state in 35 years, the India Meteorological Department said. The southwest monsoon is expected to advance to Mumbai and some other parts over the next three days, the IMD added. In 1990, southwest monsoon...
IndusInd Bank Ltd on Wednesday said it posted a consolidated net loss of Rs 2,328.92 crore in the January-March 2025 quarter as against a profit of Rs 2,349.08 crore in the corresponding period last fiscal. The crisis-hit private lender earned an interest of Rs 10,633.84 crore in Q4 FY25, down 12.83 per cent compared to...
Anil Ambani-led Reliance Power has partnered with Bhutan’s Druk Holding and Investments (DHI) to develop the country’s largest solar power project in a ₹2,000 crore joint venture. The 500 megawatt (MW) project will be developed under a 50:50 partnership through a Build-Own-Operate (BOO) model. The project is expected to be the largest private sector foreign direct investment...
The Union Cabinet has approved a joint venture between HCL and Foxconn to set up a chip assembly and packaging unit in Uttar Pradesh, making it the sixth project to receive approval under the government’s ambitious Rs 76,000 crore India Semiconductor Mission. The plant will attract an investment of Rs 3,706 crore, with around Rs...