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Samsung hikes chipmaking prices by up to 15% on demand spikeDemand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...
FMCG, auto and consumer companies step up festive marketing spends by up to 20%Indian consumer companies are increasing festive marketing budgets by up to 20% as demand shows signs of strengthening and dealers build in...
Got a salary hike? Your extra Rs 25,000 could disappear without you noticing. CA suggests what to do first after your salary gets creditedA salary hike can quickly disappear into higher EMIs, credit card spending, BNPL purchases and lifestyle upgrades. CA Nitin Kaushik advises...
Gold rises as weaker dollar, fading Fed hike bets lift demandGold prices advanced Monday, supported by a weaker dollar and fewer rate hike expectations. Investors are monitoring Middle East geopolitic...
Ferrari’s first electric car sells for $40 million at auction, nearly 40 times its $1.1 million estimateIn a landmark auction, Ferrari's debut electric car, the 2026 Ferrari Luce, achieved a staggering $40 million, setting a new precedent in c...
Yen edges up as traders push back Fed rate hike betsThe yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. Market participants have begun to...
Ferrari's first all-electric car sells for record $40 million at auctionFerrari's first all-electric vehicle sold for forty million dollars at auction. This sale established a new record for the most expensive n...
GST cuts shield Indian carmakers from commodity price shockGoods and services tax cuts offer carmakers a crucial buffer against rising commodity prices. Companies are employing various strategies to...
Choices aplenty for car buyers; petrol moves to slow lane as CNG, hybrids, EVs chip away at its shareIn major Indian cities, the popularity of petrol cars is waning as consumers turn to CNG, hybrid, and electric vehicles. This is largely in...
Factory sales of cars hit a July highIndia’s passenger vehicle sales rose 34% year-on-year to a record 457,810 units in July, supported by improved affordability and strong CNG...
Global Market: Japan wholesale inflation stays elevated, bolstering September rate hike betsJapan’s wholesale inflation stayed elevated in July, with producer prices rising 7.2% year-on-year, reinforcing expectations of a September...
RBI turns upbeat as worst of Iran war shock recedesIndia’s economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within th...
Hyundai Motor India targeting having on road one million connected cars by 2027Hyundai Motor India aims to have 1 million connected cars on Indian roads by 2027, up from 0.8 million currently. Its Bluelink platform off...
Stocks in news: Wipro, BSE, Vodafone Idea, Hyundai India and AirtelThe markets experienced fluctuations as they weighed the prospects of interest rates against concerns over oil prices and geopolitical issu...
Hyundai targets 1 million connected cars by 2027 as software takes over India’s roadsHyundai India aims for one million connected car sales by 2027. The automaker is accelerating software-led vehicle technologies across its ...
Stocks in news: Titan, SBI, Ola Electric, Astra Microwave and HindalcoMarkets closed lower Friday amid mixed global cues and rising crude oil. Analysts remain bullish on Nifty above 24,350. Focus on Titan's st...
Carmakers partly absorb commodity shocks to keep production on trackIndian carmakers are absorbing rising commodity costs to sustain production levels. Demand for vehicles remains robust, driving sales growt...