SpaceX’s massive Starship spacecraft exploded in space on Thursday minutes after lifting off from Texas, causing the FAA to halt air traffic in parts of Florida, in the second straight failure this year for Elon Musk’s Mars rocket program. Several videos on social media showed fiery debris streaking through the dusk skies near south Florida...
Category: Business
RBI To Boost Liquidity With Fresh Rs 1 Lakh Crore OMO, $10 Billion Forex Swap
The Reserve Bank of India said on Monday that it will inject further liquidity into the banking system by conducting open market operation purchase auctions and long-tenure dollar-rupee buy/sell swaps. The RBI will conduct OMO purchases of government securities worth Rs 1 lakh crore in two tranches of Rs 50,000 crore each. The first auction...
Tesla’s Grand Entry: First Indian Showroom to Open in Mumbai’s BKC & Delhi’s Aerocity
Tesla, the world’s leading electric vehicle manufacturer, is gearing up to make its official entry into the Indian market with its first showrooms set to open in Mumbai’s Bandra Kurla Complex (BKC) and Delhi’s Aerocity. This marks a significant milestone in India’s automotive landscape, as Tesla sets up its retail and experience centers in the...
Ikea Expands To North India, Online Sales In Delhi-NCR And Nine Cities From March
Ikea has finally entered the National Capital Region. The Swedish furniture giant is set to begin e-commercecommerce in Delhi-NCR and nine other markets in North India — starting March 1 — as it prepares to open fullsize stores in Gurugram and Noida over the next 2-3 years To read the full article, please visit: https://www.ndtvprofit.com...
First ‘Made in India’ semiconductor chip expected to be rolled out by 25: Vaishnaw
Union minister Ashwini Vaishnaw on Tuesday said the first ‘Made in India’ semi-conductor chip would be ready for production by 2025. He made the announcement on the second day of the ‘Global Investors Summit 2025’ organised in Bhopal. “By 2025, the first ‘Made in India’ semiconductor chip would be ready for production,” an official release...
Friedrich Merz wins federal election, In Germany Eyes Coalition govt
Germany’s conservative opposition leader Friedrich Merz said he’ll move quickly to form a new government after he won Sunday’s federal election with a result that will require him to form a coalition. Merz’s CDU/CSU bloc won 28.6% of the votes, followed by 20.8% for the far-right Alternative for Germany, according to the provisional vote count by the...
eCar Import Duty To Reduce From 110% to 15% – Govt to Notify New EV Policy
The Indian government is set to notify its new Electric Vehicle (EV) policy, which aims to lower import duties and attract global players like Tesla. The policy is expected to mandate a minimum turnover of Rs 2,500 crore by the second year and require an investment of Rs 4,150 crore from interested manufacturers. The proposed...
Tesla to sell imported EVs in India from April for as low as ₹21 lakh
American electric carmaker Tesla is looking to enter India this year and may start selling electric vehicles as soon as April, according to a report. As per the CNBC-TV18 report, Tesla plans to sell imported vehicles from its Berlin plant in India starting in April this year. The channel claimed that the EV maker is...
Delta plane flips on landing at Toronto airport, all 80 on board survive
A Delta Air Lines jet flipped on its roof while landing Monday (February 17, 2025) at Pearson Airport in Toronto, Canada, but all 80 people on board survived and those hurt had relatively minor injuries, the airport’s chief executive said. Snow was being blown by winds gusting to 40 mph (65 kph) when the flight...
Rs 262 Crore In Q3: BSNL Posts Quarterly Profit For First Time In 17 Years
BSNL has posted a net profit of Rs 262 crore for December quarter, marking its return to profitability after almost 17 years, Union Minister Jyotiraditya Scindia said on Friday terming it a “significant turning point” for the state-owned telco that has been focused on expansion of service offerings and subscriber base. BSNL scripted an improvement...