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Subscribe to enjoy similar stories. For the world’s carmakers, the inexorable rise of Chinese electric vehicle-maker BYD and its local rivals in recent years has been a brutal lesson in disruptive innovation. China, a market that was once core to their global growth plans, has become a wasteland for their petrol-powered lineups as electric vehicles (EVs) grew from 6.2% of sales in 2020 to 45% last year.

Are you a landlord who earns rental income from commercial properties? If your earnings cross a certain threshold a year, you may have to register for the Goods and Services Tax (GST) and start charging tax on rent. 

Subscribe to enjoy similar stories. Few brands have their image as closely tied to their CEO as Tesla. For most of the electric-car maker’s history, that was good for business.

financial security for their families. Yet, many still take a backseat when it comes to investing for themselves. Financial independence isn’t a luxury—it’s a necessity. A woman who controls her finances controls her future. Whether securing a child’s education, navigating career breaks, or planning for retirement, financial security empowers women to make choices on their terms. The good news? The tide is turning. Women are no longer just savers; they are investors. Women now constitute over 25% of individual mutual fund investors and the share of mutual fund assets held by women has risen from 15% in March 2017 to nearly 21% as of December 2023. Women's SIP contributions are 25% higher than men's, and female SIP investors now make up one in four, compared to one in five in the previous year.

Wang Yi stated, «China has always believed that being mutually supportive partners and achieving the 'Dragon and Elephant Dance' is the only correct choice for both sides.» Over the past year, relations between the two countries have seen positive developments. A key moment was the October 2024 meeting in Kazan, Russia, where Chinese President Xi Jinping and Indian Prime Minister Narendra Modi held talks that provided strategic direction for improving ties. «China-India relations have made positive strides over the past year,» Wang said. Both sides have since actively followed through on their commitments, strengthening diplomatic engagement and practical cooperation at multiple levels.

«What we have seen in the past is whenever there is a tariff or anything like that, the metal prices usually go up in the near term and that is actually positive for companies like Hindalco,» says Parthiv Jhonsa, Anand Rathi Institutional Equities. I want to first really talk about what is happening in the world. We have been speaking with the managements of Hindalco, Nalco, etc. The managements firmly believe that these tariffs will not really impact them. Do you think that is the same? Parthiv Jhonsa: We need to understand that over especially last two months, the entire metal has seen a lot of to-and-fros internationally. Yes, companies like Hindalco where Novelis has a huge presence in USA, something like these tariffs would actually not make a huge difference or a huge dent to them because they have a good presence in USA.

US Senate confirmed Lee Zeldin as the new administrator of the Environmental Protection Agency (EPA) with a 56-42 vote. All 53 Republican senators backed him, along with three Democrats—Sens. Ruben Gallego and Mark Kelly of Arizona and John Fetterman of Pennsylvania. Zeldin, a former Republican congressman from New York, takes charge of the agency at a time when the Biden administration’s climate policies are being reassessed. His confirmation signals a shift toward deregulation as part of former President Donald Trump’s broader effort to reverse environmental rules.

Nuvama Institutional Equities has initiated coverage on Afcons Infrastructure Ltd (AIL) with a ‘buy’ rating and a target price of Rs 535, as it believes that the company is ‘in a league of its own’. The target price given by the brokerage firm implies a 23% upside potential from current levels.

An equal-weighted basket of China’s seven tech heavyweights including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — dubbed the “7 titans” by Societe Generale SA — has gained more than 40% this year. That compares with an about 10% drop in an index of the Magnificent Seven stocks, whose slump has also pushed the Nasdaq 100 Index to the brink of a correction.

BJP MLA from Shalimar Bagh, Rekha Gupta, who recently became Delhi’s fourth woman Chief Minister and the second woman CM from the BJP, spoke about her plans for the city at the India Today Conclave. CM Gupta on Friday, highlighted key projects her government is working on to improve Delhi’s environment, water management, and infrastructure.

Bohra Industries Ltd.(up 4.98%), Zuari Agro Chemicals Ltd.(up 3.87%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 3.22%), Aries Agro Ltd.(up 3.10%), The Fertilisers and Chemicals Travancore Ltd.(up 3.04%), Gujarat State Fertilizer & Chemicals Ltd.(up 2.93%), Khaitan Chemicals & Fertilizers Ltd.(up 2.78%), Rashtriya Chemicals & Fertilizers Ltd.(up 2.71%), Madras Fertilizers Ltd.(up 2.39%) and National Fertilizers Ltd.(up 2.31%) were among the top gainers.

Cyclone Alfred, a category 2 storm in the Coral Sea, is likely to make landfall on Saturday morning (Australia time). Air New Zealand has announced that it has stopped operations in and out of Brisbane and Gold Coast in the face of the impending storm. While announcing the decision to suspend operations, Air New Zealand' chief operational integrity and safety officer Captain David Morgan stated that flights would resume only after the Australian authorities give the all clear and restore roads and rail connectivity to the affected airports. «Customers are advised not to travel to the airport and those impacted have been contacted directly with rebooking options. We also encourage customers to ensure their contact details are up to date in their booking, so we can reach them if needed. We understand some customers may no longer wish to travel to or from areas affected by the cyclone, so we are offering additional flexibility for affected customers. Customers ticketed to travel to or from Brisbane or the Gold Coast up to and including Sunday, 16 March, have the option to defer travel within seven days of their original booking or place the value of their ticket into credit,» Morgan was quoted as saying by New Zealand website RNZ.co.nz.

The NSE Nifty index was trading 54.3 points up at 22599.0, while BSE Sensex was up 139.61 points at 74479.7 at the time of writing this report.

Anand Ramakrishnan, Managing Director, EQ India

retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump's voter base, but remain restrained enough to allow room for the adversaries to hash out a trade deal, analysts say. Since taking office in January, Trump has unleashed a storm of tariffs against friends and foes alike, this week hiking blanket duties on Chinese products, adding to a plethora of existing levies. Beijing swiftly responded with countermeasures targeting imports of American farm products — many of which are produced in the rural heartlands that voted resoundingly for Trump in the November election.

Axis Bank Ltd.(up 1.49 per cent), Punjab National Bank(up 0.81 per cent), Federal Bank Ltd.(up 0.52 per cent), HDFC Bank Ltd.(up 0.42 per cent) and IDFC First Bank Ltd.(up 0.35 per cent) were among the top gainers.

economic data to gauge the Federal Reserve's interest rate trajectory, which could also have a bearing on the domestic rate cycle. While yields on most bonds were flat, that on the 10-year benchmark bond rose slightly after the Reserve Bank of India did not include the note in next week's bond purchase.

At the interbank foreign exchange, the rupee opened at 87.13 and lost further to trade at 87.18 against the greenback in early deals, registering a depreciation of 6 paise from its previous closing level.

Sandip Sabharwal, asksandipsabharwal.com, says on a pure valuation basis, although many mid and smallcaps are looking very attractive right now, the initial up move as foreign funds come back, will be on the largecap side. The largecaps would move up first and then, small and midcaps could catch up. NBFCs, banks, the larger banks and the corporate-focused NBFCs, should be a decent part of the portfolio along with infrastructure-oriented companies. Auto should do well next year. What is it looking like in terms of macros with the RBI injecting further liquidity and crude significantly cooling off, while the tariff flip-flop continues. Does it seem like we could be close to bottoming out at an index level at least? Sandip Sabharwal: I mentioned on Monday that we are fully deployed because in our view risk-reward is extremely favourable in India. Given that the macros will be much better next year as liquidity improves, interest rates come down, government spending improves, and a lot of disruptions which were there last year are no longer there.

Microsoft will invest an additional 5.4 billion rand ($296.81 million) by the end of 2027 to expand its cloud and artificial intelligence infrastructure in South Africa to meet the growing demand for the company's Azure services in the region. Microsoft Vice Chair and President Brad Smith said at an event in Johannesburg on Thursday that the world's biggest software maker would pay for technical certification exams for 50,000 individuals in high-demand digital skills. The certification will be for cloud architecture, AI and cybersecurity, he added.

Subscribe to enjoy similar stories. • Triveni Turbine Ltd: Buy above ₹536 | Stop loss ₹520 | Target ₹575-590 The strong rebound from lower levels combined with some genuine buying in this counter could now fuel some upside. Overall, there has been some steady buying at lower levels as a hammer bottom was formed in January-end highlighting a bottoming formation.