Tesla is set to open its first showroom in Mumbai next week, marking its entry into the world's 3rd-largest car market despite CEO Elon Musk's complaints about high import tariffs.
Investors appeared to welcome the shift in Musk's stance, with Tesla’s stock rising 2.6 percent in pre-market trading. Musk and Trump had a very public falling out last week.
Indian auto manufacturers have expressed concern over slashing import tariffs on EVs and have requested for a gradual reduction to 30 per cent rather than dramatic cuts.
Global media also reports that Qatar, which supplied over 48% of India’s LNG imports in 2023, may see its share decline as India shifts toward US gas imports.
Former MoS Rajeev Chandrasekhar took to X to defend EVMs used in Indian polls saying they are isolated from any network or media. Tesla CEO responded saying, 'anything can be hacked'.
For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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