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A network operator says power has been restored to electric car manufacturer Tesla’s factory near Berlin after a nearly one-week outage believed to have been caused by arson

Germany’s vice chancellor has launched a program initially worth up to 4 billion euros to help heavy industry shift to more climate-friendly production over a 15-year period

companies are likely to provide better salary hikes this year than those headquartered abroad to their India-based employees, continuing a trend that started two years ago, according to a survey. Professional services firm Aon, which surveyed more than 1,400 organisations in 45 sectors, estimates India-based companies to pay a 9.6% increment on average and foreign-headquartered firms to pay 9.3%. Compared with 2023, the hikes will be smaller for both groups.

ALSO READ: US inflation rises again in Feb The core consumer price index (CPI), which excludes food and energy costs, rose 0.4 per cent from January to February, a pickup from the previous month’s figure of 0.3 per cent, according to government data released on Tuesday. On annual basis, the consumer prices rose 3.2 per cent last month, faster than January’s 3.1 per cent. The latest consumer prices data indicates that stubborn inflation remains a persistent challenge for the Federal Reserve.

Worldcoin has been unsuccessful in obtaining an injunction against a temporary suspension imposed by Spain’s data protection authority, the AEPD. 

—Name withheld on request Your query infers that you are no longer a person resident in India under the Indian Foreign Exchange Control regime, i.e., Foreign Exchange Management Act (FEMA). We assume that you are now a non-resident Indian (NRI). Sovereign gold bonds (SGBs) issued by the Reserve Bank of India (RBI) can be purchased by resident individuals and even HUFs (Hindu Undivided Families).

CNN. This is likely to be the largest mass burial of plague victims ever found in Europe. Melanie Langbein, from Nuremberg’s Department for Heritage Conservation, said, as quoted by CNN, that around plague pits were identified and each contained several hundred bodies.

A union representing many of Germany’s train drivers has called for another strike in a long and bitter dispute with the state-owned main railway operator over working hours and pay, drawing sharp criticism from the country’s transport minister

Tata Motors, which harnessed increasing demand for electric cars to reclaim automotive market-capitalization leadership in India, has urged New Delhi to extend incentives on electric taxis for another three years and also include personal cars in the government's flagship demand support program FAME, citing global EV leader China's example. Tata Motors, which has seen a near-six-fold surge in its stock price through the past five years that helped establish its domestic EV leadership credentials, wants New Delhi to help replicate an enabling environment similar to that in Beijing that has pledged to support adoption of EVs until unit sales touched at least a fifth of all new cars sold. «Globally, major economies (China, Germany) have continued to support EV adoption with demand subsidies until achievement of at least 20% EV adoption,» Shailesh Chandra, managing director, Tata Passenger Electric Mobility and Tata Motors Passenger Vehicles, said in the letter dated March 9. «The Parliamentary Standing Committee on Industry had also recommended in 2023 that the Government broaden the scope and extend FAME by at least three more years to make the scheme more inclusive,» Chandra said in the letter, a copy of which has been seen by ET.

China dominates the global electric vehicle (EV) industry today, and it is only likely to get more dominant in the future. Chinese dominance spans manufacturing, batteries, supply chains and demand. Today 60% of all EVs sold in the world are in China.

Last week was exceptional, marked by record highs in the US, German, and French stock markets. Alongside these indexes, gold and Bitcoin surged as well, making new highs in the process.

ALSO READ: Wall Street week ahead: Stock market investors to keenly watch for Feb inflation data Shares of Microsoft fell 0.8 per cent, Amazon shed 1.0 per cent, Nvidia lost 0.7 per cent, Advanced Micro Devices and Broadcom slid close to 2 per cent each, and Boeing dropped 2.2 per cent. Cryptocurrency and blockchain-related companies, including Coinbase Global, Riot Platforms and Marathon Digital, climbed between 2.7 per cent and 2.9 per cent, as Bitcoin struck a fresh record high at $72,234 on Monday. The yield on the 10-year Treasury rose to 4.09 per cent from 4.08 per cent late on Friday.

By Emma Pinedo and Elizabeth Howcroft

Investing.com — European stock markets fell Monday, continuing the losses seen in Asia overnight after Friday's weakness on Wall Street, ahead of the release of key U.S. inflation data.

NEW DELHI : India and Italy are set to sign an extradition treaty as the two countries seek to repair their bilateral relations that were waylaid by the 2012 killing of two Indian fishermen by Italian marines. The extradition treaty will make it easier for both countries to counter crime and improve cooperation between their law enforcement agencies, said people aware of the developments. The final text of the extradition treaty has been approved by the MEA and the ministry of home affairs, with the law ministry examining it for the Union cabinet’s approval, these people said.

FRANKFURT (Reuters) — Tesla (NASDAQ:TSLA)'s German gigafactory near Berlin could be supplied with electricity again from Monday, the power firm in charge of fixing the ongoing power outage, which has downed the plant since March 5, said.

(Reuters) — European shares started the week on a lacklustre note, tracking a sell-off in Asian equities, while cautious traders kept to the sidelines ahead of a key U.S. inflation data due this week.

NEW DELHI : New Delhi: India's economic performance is better than what the headline numbers reveal, with the sharp GDP growth coming amid challenging global macroeconomic conditions, Sanjeev Sanyal, member of Prime Minister Narendra Modi’s Economic Advisory Council, told Mint in an interview. India's higher-than-expected growth of 8.4% during the third quarter of fiscal 2023-24 came without accompanying macroeconomic stresses, he added. Edited excerpts: The latest reading of an 8%-plus growth rate exceeds even the government's expectations.

₹50,000 price segment. Notably, the two smartphones have already been launched in Germany via the Otto retail website, giving a glimpse of the possible specifications that could be found on the Indian variant.

German Formula 1 racetrack designer Tilke, real estate consultancy company CBRE and architecture firm Arcop ranked the highest on a list of six international consultants that are competing for designing a racetrack in Gujarat's GIFT City that could position the financial centre also as an international sporting destination, according to people in the know. The Tilke-led consortium scored 98% marks in an evaluation conducted by Sports Authority of Gujarat during March 7-8 and is likely to be granted the work order to develop a design for the F1 track, the people said. The project could cost up to ₹10,000 crore.

FRANKFURT (Reuters) — Israel's Prime Minister Benjamin Netanyahu has told a German newspaper that at least 13,000 «terrorists» were among Palestinians killed during Israel's air and ground assault on Gaza.