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'Mansion Global' host Katrina Campins discusses the state of the housing market on 'Making Money.'

electric vehicles, sections of EV makers said this time they wanted a subsidy policy with a definite timeline, rather than one that would be abruptly cut off like the previous one. “New changes are too sudden, especially for the automobile industry with its long lead times. We would want the new subsidy regime to last for at least two to three years to truly benefit the industry,” Amitabh Saran, chief executive of electric three-wheeler maker Altigreen, told ET. The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme was originally launched in 2015 to encourage the adoption of electric and hybrid vehicles. Under it, a subsidy was provided to EV makers who used it to lower the prices of their products. The second edition, FAME-II, was introduced in 2019 and went on till March 2024 when it was scrapped. There has since been a steep slowdown in EV sales, according to a report by the Federation of Automobile Dealers Associations.

A sizzling heat wave has Canada and the United States in its grip as a global streak of the hottest months continues to shatter records.

Fathimath Shamnaz Ali Saleem was arrested along with her sister and another person last month in the capital Male and stood down from her post shortly afterwards. Local media reported she was accused of performing «black magic» on President Mohamed Muizzu to win favour from his new administration.

Budget 2024: Looking to fast-track hydropower capacity creation, the upcoming budget could unveil funding support to north-eastern states for purchasing equity in hydropower projects, said people familiar with the matter. The Centre could support equity participation by state governments in hydropower projects in the northeast at 24% of the total project equity, subject to a cap of Rs 750 crore per project initially, they said. “A new scheme focused on northeast is under consideration,” said one of the persons, who did not wish to be identified, adding the move was part of the government’s clean energy focus. North-eastern states that wish to have a joint venture for such projects are likely to be given financial assistance for their stake, said another person.

ONGC Videsh Ltd (OVL), the overseas arm of state-run explorer Oil and Natural Gas Corp. (ONGC), is raising $800 million through a five-year loan from three domestic banks, people familiar with the matter said. The loan is likely to be priced at 120 basis points above the three-month international benchmark Secured Overnight Financing Rate (SOFR), the people said. «Three banks, state-owned Bank of Baroda (BoB), private sector Axis Bank and Singapore-based DBS Bank are the mandated lead arrangers for this loan which is now being syndicated to other banks. Bankers will go on a roadshow to Singapore and Taipei later this month to broaden the scope of lenders in this deal,» said one of the persons cited above.

Meme trader Keith Gill, popularly known for his role in the GameStop trading frenzy, has disclosed owning a 6.6% stake in Chewy, according to a recent filing with the United States Securities and Exchange Commission (SEC).

China and Bangladesh are reaffirming their ties during a visit by Bangladesh Prime Minister Sheikh Hasina to Beijing as tensions rise in the region over territorial disputes and resources

RateGain Travel Technologies with a target price of Rs 900. The current market price of RateGain Travel Technologies Ltd. is Rs 809.75. RateGain Travel Technologies Ltd., incorporated in the year 2012, is a Large Cap company (having a market cap of Rs 9477.98 Crore) operating in General sector.

Mint's queries on the subject. A validated KYC status is like a golden ticket. It signifies that the KYC documents you submitted, such as PAN and Aadhaar, have been successfully verified by the issuing authorities and you can invest in any mutual fund company hassle-free.

Air India cancelled a scheduled flight from the US to India and used the Boeing 777 plane for running a charter to ferry the Indian cricket team back home from Barbados, prompting the civil aviation regulator to seek a response from the Tata Group-owned airline, according to people with knowledge of the matter. A special Air India flight, chartered by the Board of Control for Cricket in India (BCCI), is carrying the T20 World Cup-winning Indian team and support staff from Barbados in the Caribbean to Delhi. The flight took off from Grantley Adams International airport in Bridgetown on Wednesday and was scheduled to land in New Delhi on Thursday at around 6 AM.

Taylor Morrison CEO Sheryl Palmer discusses the headwinds facing the housing market after a drop in August on existing home sales on 'The Claman Countdown.'

Tariff hikes by the top three telcos will help increase the average revenue per user by 15 per cent, and expand the operating profit by over 20 per cent in FY25, a domestic rating agency said on Monday. The 20 per cent hikes by the telcos after a two and half year hiatus can expand telcos' profit before interest lease depreciation and tax (PBILDT) by 20-22 per cent in FY25, Care Ratings said in a report. It termed the same as a «structural positive» for the telecom sector struggling on the Return on Capital Employed (ROCE) front because of the huge investments in 5G rollout, including spectrum purchases, it said. An analysis by the rating agency revealed that the hikes will improve the telcos' blended average revenue per user (ARPU) by about 15 per cent to Rs 220 in FY25 from around Rs 191 in FY24.

France. According to reports, there were rumors about him missing the final game, which could be deemed as a huge blow to the Spanish side in case his right leg, which faced the impact, does not recover within due time.

The Czech brewer Budvar, which has been embroiled in a long legal dispute with U.S. beer giant Anheuser-Busch over the use of the Budweiser brand, says it increased its net profit, output and exports in 2023

India Inc. has responded favourably to the government's initiative, acknowledging that adopting ESG principles is beneficial for compliance but also enhances long-term business sustainability. Numerous Indian companies are now prioritising initiatives to decrease their carbon footprint, promote social equity, and strengthen governance frameworks. However, these companies must now actively develop capabilities for adjusting to new reporting norms and occasionally realigning their business strategies says advocate Jatinder (Jay) Cheema who serves on the US-India Gas Task Force constituted by the Department of Energy, United States, along with the Ministry of Petroleum and Natural Gas, Government of India. How do you see the Indian government’s push for the ESG and India Inc.’s response to the same?

Cloudflare last week launched a new tool to tackle artificial intelligence (AI) bots that crawl websites and scrape their content indiscriminately. It comes at a time when content publishers are increasingly anxious about their unique works being turned into fodder for AI models. Here’s a closer look at the tool and why it matters.

«It is under review, and there could be some relief for banks, which have demanded incentives to shore up deposits,» said a government official. A final call on the proposal will be taken closer to the budget announcement.

ONDC) monthly transaction volumes hit 10 million in June last month with 6.1 million non-mobility transactions and 3.9 million mobility transactions, said Equirus Securities India Equity Research BFSI sector report on July 7. The open network has been adding one million transactions per month over the past two months, exhibiting strong growth, it said. Bulk of this incremental growth has been retail-driven, with non-mobility orders crossing 6 million transactions in June 2024 versus 3.6 million in March 2024,it added. Mobility transactions have declined to 3.9 million from 4.1million in March 2024, the report said.