Month: September 2026
Volkswagen Fights Chinese Competition—and Its Own Board—in Battle to Survive
When Volkswagen Chief Executive Oliver Blume took a cost-cutting plan to his board this summer that envisioned a doubling of job losses to 100,000, he…
Roubles and rupees: Russia says no more hurdles in payments with India
Moscow: Russia and India, the second-largest importer of Russian oil, have built a functioning payments infrastructure using roubles and rupees, which now account for 96%…
Goyal calls for resilient supply chains, while Gor stresses fair and reciprocal India-US trade
New Delhi: India is in talks with certain countries including the UK and the EU to enhance collaboration and partnerships for processing and development of…
RBI reports $136.38 billion forex inflows under special swap facility as of August 31
Foreign exchange inflows under the Reserve Bank of India’s special USD-INR swap facility reached USD 136.38 billion as of August 31, with Foreign Currency Non-Resident…
US stocks today: S&P 500, Dow eye gains as Iran tensions, bond yields and AI trade drive markets
The S&P 500 and Dow Jones were expected to open with modest gains as investors balanced rising tensions between the US and Iran against continued…
Simple Energy targets 20% of EV market, plans 10,000-12,000 monthly output
Electric two-wheeler maker Simple Energy is targeting 20% market share within the next two years as it makes an aggressive push into the mass market…
Record FCNR (B) inflows as banks mobilise $127 bln
Mumbai: Banks have mobilised a whopping $127.22 billion from foreign currency non-resident (bank) FCNR (B) deposits in less than three months till the scheme closed…
India in talks with multiple countries to develop critical minerals for domestic needs: Piyush Goyal
New Delhi [India]: India is in talks with multiple countries, including the US, to forge collaborations and partnerships for processing and developing critical minerals to…
Is the AI boom peaking? Dell and Nvidia results point to stronger demand ahead
Dell and Nvidia are pushing back against the idea that the AI boom is slowing down. Their latest results and, more importantly, their long-term revenue…
AI startup Wonderful valued at $5 billion in latest funding round
Synopsis The round, led by Insight Partners, included participation from Salesforce and existing investors Index Ventures, IVP, Vine Ventures, 9Yards and Bessemer Venture Partners. ETtech(L-R)…