Mercedes recalls 310,667 US vehicles over a door lock issue as weak China sales, falling demand and intense competition force the carmaker to cut its forecast. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Mercedes recalls over 310,000 US vehicles as weak China sales hit forecast

Mercedes-Benz is recalling 310,667 vehicles in the United States because of a safety issue involving the driver’s door lock, the U.S. National Highway Traffic Safety…

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Posted in Economy

Gold pulled India back from the edge of crisis 35 years ago

This month 35 years ago marked a watershed for India’s economy. On July 24, 1991, Dr. Manmohan Singh announced the 1991 economic reforms during his…

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China foresaw an AI era much earlier than anyone else. They just didn’t make a lot of noise about it. (OpenRouter)
Posted in Business

Tech Tonic | Big AI keeps making the same mistake about Chinese AI companies

For years, the artificial intelligence (AI) industry globally has been stuck in a peculiar cycle. A Chinese AI company announces a new model. Of course,…

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Posted in Economy

India-EU FTA includes dedicated framework to address CBAM concerns, says commerce official

The India-European Union free trade agreement (FTA) includes a dedicated framework to address concerns surrounding the European Union’s Carbon Border Adjustment Mechanism (CBAM), with safeguards…

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Kissht expects to beat 40% growth target as credit costs ease
Posted in Startups

Kissht expects to beat 40% growth target as credit costs ease

Digital lender Kissht expects to exceed its guidance of more than 40% growth in assets under management (AUM) in FY27 after a strong first quarter,…

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Posted in Economy

Finance ministry calls for faster policy action to sustain growth amid global uncertainty

The finance ministry on Wednesday stressed the need for faster policy responses and stronger implementation to attract both domestic and foreign investment, Times of India…

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Drone startup SUIND raises Rs 20.5 crore funding from Transition VC, IIMA Ventures
Posted in Startups

Drone startup SUIND raises Rs 20.5 crore funding from Transition VC, IIMA Ventures

Autonomous drone startup SUIND has raised Rs 20.5 crore in a funding round led by Transition VC, with participation from IIMA Ventures.The Bengaluru-based company will…

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Posted in Economy

Gold tariff hike boosts grey market, hurts organised trade, says WGC

MUMBAI – India has seen a rise in unofficial gold inflows since the government raised import tariffs on the precious metal earlier this year, widening…

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Posted in Economy

great nicobar projet: On Edge: The Great Nicobar project faces a great engineering question

Standing as a natural sentinel at the western gateway of the Strait of Malacca, Great Nicobar Island anchors India’s proposed mega-project, comprising a greenfield international…

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Rival phone makers will spend years trying to match Samsung’s benchmark with a different form factor foldable. (Vishal Mathur/ HT Photo)
Posted in Business

The Samsung Galaxy Z Fold8 ushers a spectacular era for foldables

Many years ago, Samsung showed the way with foldable smartphones, and every rival then exhausted many more years trying to catch up. Some have, many…

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