Department Financial News
17.01 / 20:27
UPS
performer
Department
Features
Samsung Galaxy S24, Galaxy S24 Plus launched in India: Check price, specs and more
Samsung Galaxy S24 starts at $799, offering a compelling mix of features and performance. For enthusiasts seeking an even more premium experience, the Samsung Galaxy S24 Plus comes with a starting price of $999.99. The Galaxy S24 features a 6.2-inch FHD+ Dynamic AMOLED 2X Display with a super-smooth 120Hz refresh rate and Vision Booster.
17.01 / 17:57
Manufacturing
Platform
Align
Hyundai
Trade
Department
International
Tata Motors warns against lower GST for hybrid vehicles
Tata Motors, the country’s leading passenger electric vehicle maker, cautioned on Wednesday. Shailesh Chandra, managing director, Tata Motors’ passenger vehicles and passenger EV divisions, said hybrid vehicles use a small battery pack and a motor that relies heavily on a fossil-fuel engine, effectively making them gasoline-run vehicles.
17.01 / 17:35
COST
Chevron
Enterprise
President
Justice
Department
Courts
Supreme Court hears arguments over US agency powers in fishing dispute
By John Kruzel and Andrew Chung
17.01 / 16:57
UPS
Department
stake
NHPC OFS: Govt to sell 3.5% stake in NHPC via OFS; floor price set at ₹66 per share
NHPC OFS: The government has proposed a stake of 3.5 per cent in renewable energy major NHPC Ltd through an offer-for-sale (OFS) on January 18 and 19, 2024. The OFS includes a base size of 2.5 per cent and a green shoe option of one per cent.
17.01 / 16:20
markets
UPS
Reuters
economy
Trade
track
Department
Dollar hits fresh one month high after retail sales data
By Chuck Mikolajczak
17.01 / 16:20
17.01 / 16:20
17.01 / 13:47
UPS
Reuters
economy
show
reports
Department
US retail sales beat expectations in December
WASHINGTON (Reuters) — U.S. retail sales increased more than expected in December as consumers stepped up purchases of motor vehicles and retailers offered discounts, keeping the economy on solid ground heading into the new year.
17.01 / 13:23
MET
Reuters
Hyundai
Trade
Department
International
Tata Motors urges govt to keep hybrid tax as Toyota seeks cut
India's top electric car maker Tata Motors is urging the government not to cut taxes on hybrid cars as they are more polluting than pure electrics, countering calls from Toyota for lower levies, according to three sources and a company letter. India is promoting electric vehicles (EV) as part of Prime Minister Narendra Modi's drive to reduce pollution, taxing them at just 5%, while the levy on hybrids is as high as 43%, just below the 48% imposed on petrol cars. That has upset the likes of Japanese automaker Toyota, which popularised hybrids with the Prius, and has since last year been urging India to cut taxes on them, saying they reduce carbon emissions compared to gasoline cars.
17.01 / 13:01
COST
UPS
Food
Bill
cover
Department
Food subsidy bill for FY24 to overshoot Budget estimates, breach ₹2 trillion
NEW DELHI : The Union government’s food subsidy bill for fiscal year 2023-24 is likely to overshoot the budgeted estimate of ₹1.97 trillion, prompting the food department to seek additional funds primarily to support its flagship programme. Revised allocation for the ongoing fiscal year is expected to go up by 3% to ₹2.02 trillion, a top official of the department of food and public distribution told Mint.
17.01 / 12:59
MET
Reuters
Hyundai
Trade
Department
International
Slash
EV battle: Tata Motors urges govt to keep hybrid tax amid Toyota's bid to slash it
NEW DELHI : India's top electric car maker Tata Motors is urging the government not to cut taxes on hybrid cars as they are more polluting than pure electrics, countering calls from Toyota for lower levies, according to three sources and a company letter. India is promoting electric vehicles (EV) as part of Prime Minister Narendra Modi's drive to reduce pollution, taxing them at just 5%, while the levy on hybrids is as high as 43%, just below the 48% imposed on petrol cars.
17.01 / 12:27
markets
BLOCK
Airlines
JetBlue
Trade
Justice
Department
Spirit Airlines stock dips after US judge blocks $3.8 billion merger with JetBlue
(Reuters) — Shares of ultra-low-cost carrier Spirit Airlines (NYSE:SAVE) fell 10% in premarket trade on Wednesday, a day after a U.S. judge blocked the airline's planned $3.8 billion merger with rival JetBlue Airways (NASDAQ:JBLU).
17.01 / 09:55
COST
UPS
testing
Department
rights
Scandals
The Electric-Vehicle Cheating Scandal
It’s hard to think of a worse environmental scandal in recent years than Volkswagen’s 2015 diesel-emissions cheating. The German automaker was rightly pursued by regulators, enforcement agencies and class-action lawyers. The scandal ended up costing Volkswagen an estimated $33 billion in fines and financial settlements—and revealed that diesel-emissions cheating was endemic.
17.01 / 09:09
Citi
Waves
Death
information
reports
Department
Investigations
Ghaziabad Fog: Hundreds of cars run over accident victim body for hours, police struggle to locate scattered body parts
NH9 in Ghaziabad on Monday night amidst dense fog, resulting in the death of an unidentified victim. Multiple cars ran over the victim, leaving the body severely mangled. The police were informed by commuters who noticed blood on the road around 10 am on Monday, a TOI report stated. Authorities, including the police and NHAI quick response teams, took an hour to locate the scattered body parts.
17.01 / 07:17
Provident
Aviat
Waters
Food
cover
Department
Investigations
IndiGo pilot assault case: Co-flyer shares first-hand account, says 'violence is unacceptable, but what about...'
co-passenger has shared his first-hand account on the incident in a tweet on X. He wrote, “A series of news articles have covered the recent assault on an Indigo Flight 6E2175 pilot on Jan 14. As a co-passenger, I feel compelled to share my first-hand account of the incident." He further clarified that its he does not support violence, however, he added that he intend to share my experience and shed light on the events not support violence.
17.01 / 07:17
Provident
Digital
Platform
Sustainability
Trade
Department
International
Namma Yatri app: New app for auto rides allows Delhiites to choose fare, drivers
ONDC), and currently has 10,000 auto-rickshaw drivers on board, contributing to convenient and sustainable transport, officials said. The Open Network for Digital Commerce (ONDC) is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry. "Delhi takes the next step towards bringing consumers, providers, and tech platforms together.
17.01 / 03:51
Waves
country
information
reports
isolate
Department
International
120 flights delayed; severe cold wave to continue in Delhi, North India till 21 January: See IMD full forecast
Indian Meteorological Department (IMD) has forecasted that very dense fog conditions likely to continue to prevail over North India for the next four days. The weather agency also noted that severe cold wave conditions, and severe cold day conditions will continue in Delhi and North India. According to Delhi Airport FIDS (Flight Information Display System), a total of 120 flights were delayed both (domestic and international) arrivals and departures, due to dense fog on Wednesday.
17.01 / 02:17
UPS
Refugees
Mercury
travelers
Department
International
Another cold day witnessed in Delhi; mercury drops to 4 degrees Celsius
freezing day as the minimum temperature dropped to 4 degrees Celsius. Several flights departing from the Indira Gandhi International (IGI) airport were delayed. «My flight is more than two hours late due to the bad weather.
16.01 / 23:29
Provident
Action
APA
Trade
testing
Department
Courts
FSI seeks to reboot suit to stop DOL independent contractor rule
One of the leading opponents of a Department of Labor rule that could affect the employment status of independent financial advisors is attempting to reboot a lawsuit to stop the regulation.
16.01 / 20:33
Provident
Research
President
Justice
reports
Department
Courts
licence
Centre for policy research's FCRA licence cancelled
FCRA licence of Centre for Policy Research, a leading non-governmental organisation, for alleged violation of rules, ET has learnt. CPR's Foreign Contribution Registration Act licence was suspended eleven months ago. The cancellation order was issued last Wednesday after long deliberations, an official told ET. When contacted, a senior functionary at CPR said it had received the cancellation order.
16.01 / 19:37
Waves
Career
Remark
Research
love
Department
Relationships
Robert Solow: Nobel laureate and an exemplary human being
The recent passing of legendary MIT economist and Nobel laureate Robert Solow at the age of 99 has triggered a wave of tributes honouring his pioneering research, which deepened our understanding of the relationship between investment, technology and economic growth. His monumental contributions to the field are widely acknowledged, but for me his passing creates a profound and unexpected sense of personal loss.
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