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Indian Shares Rise As Finance, Autos Gain; Cenbanks In Focus

Dec 1, 2022, 5:22 AM

Indian Shares Rise As Finance, Autos Gain; Cenbanks In Focus

Indian shares ended higher, lifted by gains in financials and auto companies, while investors prepared for a host of central bank meetings this week to gauge the impact of rate hikes on global economy.

1 Min

Reuters | Dec 1, 2022
Tesla Completes Production Capacity Expansion At Shanghai Plant - Shanghai Govt
Tesla completed a project to expand production capacity at its Shanghai plant, according to a statement on a Shanghai government platform for companies' environmental information disclosures.
1 min read
Reuters | Dec 1, 2022
Mongolian President Says He Supports Russia-China Oil And Gas Piplines Through Mongolia
Mongolian President Ukhnaagiin Khurelsukh said that he supports the construction of oil and gas pipelines from Russia to China via Mongolia.
1 min read
Reuters | Dec 1, 2022
Oil Prices Up After Basra Spill, But Log Weekly Decline
Oil prices rose slightly as a spill at Iraq's Basra terminal appeared likely to constrain crude supply, but remained down on the week on fears that hefty interest rate increases will curb global economic growth and demand for fuel.
3 mins read
Reuters | Dec 1, 2022
Lower Oil Prices Defy Robust Forecasts For Global Demand
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one.
5 mins read
Reuters | Dec 1, 2022
Car Electrification Unlikely To Erase Market For Ethanol, Says Producer
The global movement by governments and automakers to boost electrification of cars does not mean ethanol will be dead as a product, according to an executive of one of the world's largest producers of the biofuel.
1 min read
Reuters | Dec 1, 2022
Tesla Is Sued By Drivers Over Alleged False Autopilot, Full Self-Driving Claims
Tesla Inc was sued on Wednesday in a proposed class action accusing Elon Musk's electric car company of misleading the public by falsely advertising its Autopilot and Full Self-Driving features.
2 mins read
Reuters | Dec 1, 2022
Dutch Students Devise Carbon-Eating Electric Vehicle
The sporty all-electric car from the Netherlands resembles a BMW coupe, but is unique: It captures more carbon than it emits.
1 min read
Reuters | Dec 1, 2022
Taiwan President Warns Of 'Volatile' Challenges Facing Chip Industry
Taiwan's President Tsai Ing-wen warned the semiconductor industry faces new and "volatile" challenges, but said her government will work with the sector to overcome them.
1 min read

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car&bike Team | Jul 26, 2021
Tata Motors Reveals Q1 FY2022 Results; Revenue Stands At Rs. 66,406 Crore
Tata Motors ends Q1 FY2022 with a good performance. The net loss for Q1 FY2022 was almost halved from Rs. 8,437.99 crore to Rs. 4,450.92 crore. Total revenue stood at Rs. 66,406 crore.
1 min read
Reuters | Jul 26, 2021
JLR Parent Sees Demand Recovering, Warns Of Short Term Impact Of Chip Shortage
Tata says demand remains strong for Jaguar Land Rover (JLR) and India passenger vehicles, with commercial vehicles seeing a gradual improvement.
1 min read
Charanpreet Singh | Jul 26, 2021
Kia To Suspend Production At South Korea Plant Due To COVID-19
The suspension at assembly line No. 1 of the Sohari facility may be extended further depending on the result of coronavirus tests on its workers, a company spokesman said.
1 min read
car&bike Team | Jul 25, 2021
Volvo Cars Global Sales Grow 41% In The First Half Of 2021
Volvo Cars aims to become the fastest transforming company in the sector and to be fully electric by 2030.
1 min read
Reuters | Jul 25, 2021
Mercedes-Benz Hits Accelerator In E-car Race With Tesla
Daimler said that as of 2025, it expects electric and hybrid electric cars will make up 50% of sales - with all-electric cars expected to account for most of that - earlier than its previous forecast that this would happen by 2030.
1 min read
Reuters | Jul 25, 2021
EV Startup Rivian Announces $2.5 Billion Funding Round Led By Amazon, Ford
The announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant.
1 min read
Reuters | Jul 25, 2021
GM To Add Automatic Lane-Change, Other Features To Driver Assistance Tech
The features - to be available in vehicles like the Cadillac Escalade and the Chevrolet Silverado - will also include trailering for trucks and SUVs, and an enhanced navigation display.
1 min read
car&bike Team | Jul 24, 2021
Over 3.54 Crore FASTags Have Been Issued So Far, Says MoRTH
In a recent notification, the transport ministry said that more than 3.54 crore FASTags have been issued as of 14 July 2021. The overall FASTag penetration has reached around 96 per cent from 80 per cent.
1 min read
Reuters | Jul 24, 2021
Volkswagen China Sees Chips Crunch Easing In Q3
Woellenstein said he was still confident the company will record a rise in sales volume in China, both for the VW brand and the group, this year as long as the chip shortage does not worsen.
1 min read