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ICE vehicles due to the higher weight of lithium-ion battery packs. “If the battery is heavier than the engine, then what the OEMs (original equipment manufacturers) expect is for the chassis and other large BIW (Body in White) components to drive the lightweighting,” Swastid Badve, general manager at Belrise Industries, told Mint in an interview.“And that's why we want to, kind of, focus on high tensile technology to drive lightweighting in all of the other components that we make like a chassis, BIW part and so on and so forth,” he added.BIW parts refer to those components that make up the structure of a vehicle including body side, floor, and roof panels, among others.To drive lightweighting, the company is investing in high tensile technology, which reduces the thickness of steel used to make components.

An image on the 3 April cover of The Economist shows an angry US President Donald Trump shouting on one side, with China’s President Xi Jinping calmly smiling on the other. “Never interrupt your enemy when he is making a mistake,” says the headline.A revealing picture in the White House’s archives shows US National Security Advisor Henry Kissinger and Chinese Premier Zhou Enlai shaking hands in Beijing on 9 July 1971, when Kissinger made his secret dash for a détente with China. The press was told that Kissinger was unwell and resting in Pakistan.

Subscribe to enjoy similar stories. On November 30TH President Donald Trump said he had decided whom to nominate as the next chair of the Federal Reserve. He has since said he will reveal his choice early next year.

Subscribe to enjoy similar stories. Ever since Donald Trump first became US President, India’s high import duty on Harley Davidson motorcycles has been a pet peeve of his against Indian policy.

Subscribe to enjoy similar stories. WASHINGTON—President Trump rose to power in real estate, reality television and politics following a simple creed in moments of crisis: Cede no ground, never admit mistakes and attack.

Subscribe to enjoy similar stories. President Donald Trump’s pressure campaign on the Federal Reserve, and on Fed Chair Jerome Powell in particular, will likely lead to higher inflation. That’s the implication of a new study into the impact of presidential pressure on the Fed.

Subscribe to enjoy similar stories. The Pentagon stuck a conciliatory tone toward Beijing in its new defense strategy, stating that its overarching goal is to establish “strategic stability" in the Indo-Pacific region and de–escalate tensions with the Chinese military.

Subscribe to enjoy similar stories. WASHINGTON—The White House is weighing a last-ditch Iranian offer to engage in diplomacy over curbing its nuclear program even as President Trump currently leans toward authorizing fresh military strikes on Iran, U.S. officials say.

Subscribe to enjoy similar stories. Mumbai: Kuala Lumpur-based private equity firm Creador has acquired a 7% stake in La Renon Healthcare from the promoter and existing investor Peak XV Partners for an undisclosed sum, the companies said in a statement on Monday. Creador’s purchase of shares from Peak XV comes about a decade after the venture capital firm first invested in the company.

“Baptism by fire,” is how D. Subbarao had described his initial months as the 22nd governor of the Reserve Bank of India (RBI). Subbarao took charge in September 2008 in the shadow of the collapse of investment bank Lehman Brothers that led to the 2008-09 Global Financial Crisis and brought the world economy to its knees.

A mobility agreement allowing Indian blue-collar workers, such as those in construction, to seek employment in Russia.A naval training pact under which Russia will train Indian sailors for operations along the Arctic route. This is particularly significant, as the melting of Arctic ice opens up new shipping lanes.

Subscribe to enjoy similar stories. BACK IN THE White House, President Donald Trump says that he will end the war in Ukraine—although not in a day, as he used to promise. But there is a problem: Vladimir Putin appears to be in no hurry to make concessions and accept a deal that is not on his terms.

Subscribe to enjoy similar stories. WASHINGTON—In the end, all it took to oust Postmaster General Louis DeJoy, whom President Trump appointed in his first term, was a nudge from Elon Musk. During a Friday meeting last month at Trump’s Bedminster, N.J., club, Musk complained to the president that DeJoy was resisting his cost-cutting efforts at the U.S.

reciprocal tariffs for India to 26% from 27% announced a day before. Revisions have been made for atleast 14 countries including South Korea, Norway, South Africa and Thailand. As per a White House document, India’s reciprocal tariff was originally listed at 27%, as against the 26% that US president Donald Trump had shown during the announcement on April 2. However, the latest annex document shows that the tariffs have been revised down to 26%. The US’ trading partners will be subject to a global 10% tariff on April 5, after which only the countries listed in the annex would have their rates elevated to the revised numbers. Around 60 countries have been slapped with reciprocal tariffs. The measures announced by the US could lead to an overall contraction of around 1% in global merchandise trade volumes this year, the World Trade Organization (WTO) said Thursday.

United States President Donald Trump Wednesday imposed reciprocal global tariffs on the trading partners that sent shock waves around the world and markets plunging.

Subscribe to enjoy similar stories. The stock market was slumping after President Donald Trump made his tariff announcement. To state the obvious, it was worse than investors feared and now they need to figure out what it means for stocks over the rest of 2025.

Donald Trump on Wednesday described Prime Minister Narendra Modi as a «great friend» while announcing a 26% tariff on Indian imports. However, he said, «You're a friend of mine, but you're not treating us right.» Trump claimed that the move was a «discounted reciprocal tariff» aimed at countering India's high duties on American goods. Also Read: India to face 'discounted' 26% tariff from US; Trump slaps 34% on China «India, very, very tough. Very, very tough. The Prime Minister just left. He's a great friend of mine, but I said, 'You're a friend of mine, but you're not treating us right.' They charge us 52 per cent. You have to understand, we charge them almost nothing, for years and years and decades,» Trump said, holding a chart listing countries and their tariff rates. He argued that the US had long tolerated unfavourable trade terms and had only started imposing tariffs on China after he took office seven years ago. «It was only seven years ago, when I came in, we started with China and we took in hundreds of billions of dollars from China in tariffs,» he said. The announcement comes just weeks after Modi’s visit to Washington, D.C., in February, less than a month after Trump began his second term in the White House. Trade tensions between the two countries have been a longstanding issue, with Trump previously calling India the «tariff king» and a «big abuser» in global trade.

In comments outside the White House, Trump singled out Australian beef, which saw a surge in exports to the United States last year, reaching A$4 billion amid a slump in U.S. beef production. «They won't take any of our beef. They don't want it because they don't want it to affect their farmers and you know, I don't blame them but we're doing the same thing right now,» Trump said in an event in the White House Rose Garden announcing tariffs on a wide range of U.S. trading partners. Australia banned U.S. fresh beef products in 2003 due to the detection of bovine spongiform encephalopathy, otherwise known as mad cow disease, in U.S. cattle. BSE poses a risk to human health and has never been detected in cattle in Australia. Albanese said Trump had imposed a 10% duty on all Australian goods entering the United States, equivalent to the U.S. baseline tariff on all imports, despite U.S. goods entering Australia tariff free.

Subscribe to enjoy similar stories. New Delhi: As US President Donald Trump unleashed his global tariff war from the White House, India found itself grappling with a new regime that stopped short of full reciprocity but still posed significant trade barriers. With Trump deciding to charge half of the tariffs a country imposes on American imports, Indian exports to the US face a 26% tariff.

Sensex and Nifty50, traded higher on Wednesday, led by gains in IT and banking stocks, as investors awaited U.S. President Donald Trump's latest round of tariffs. At 9:37 am, the BSE Sensex was up 426 points, or 0.56%, at 76,451, while the Nifty50 gained 123 points, or 0.53%, to trade at 23,289.