Page 651 - Bloomberg/workspace/business Standard Web/video

Tesla seeks lower taxes on sale of imported EVs in India: Report

The California-based maker of electric vehicles has written to the transport and industry ministries for reducing import duty on electric cars to 40 per cent from the current range of 60%-100%

Ministry speeds up green approvals as environmentalists call foul

It took an average of 84 days to clear a project in 2021, compared with 162 days the year before, according to data shared by the ministry

India to see higher salaries as firms look beyond coronavirus hit

Paychecks could rise about 8% in the financial year starting April 2022, especially if authorities avert a third wave of the virus

Zomato's $1.3 bn IPO to test appetite for India's new tech generation

Investors bragged on Twitter about snagging shares in the startup, yearning for the sort of returns Facebook Inc. and Alibaba Group Holding Ltd. generated

ECB vows to persist with negative rates in bid to fuel inflation

Markets were little changed

Aramco faces $50-mn extortion bid over data leak, but denies breach

The global energy industry has seen a ramp up in cyber attacks with Colonial Pipeline becoming the most visible of late

Mercedes to be ready for car markets going electric-only with $47-bn push

The manufacturer plans to launch three new all-electric vehicle platforms in 2025 and set up eight additional battery factories with partners, it said in a strategy update

US weekly jobless claims unexpectedly increased last week to 419,000

Initial jobless claims in regular state programs totaled 419,000 in the week ended July 17, up 51,000 from the prior week, Labor Department data showed Thursday

EY accused of concealing US health firm's audit fraud from investors

Indian entrepreneur files lawsuit, naming accounting giant as a co-conspirator in the fraud alongside former executives.

Work from home future fades in Asia as companies seek more office space

The firm surveyed 109 companies across the region from industries including real estate, technology and finance between May and June

Taliban now controls half of Afghan districts: US Joint Chief of Staff

He said Taliban insurgents have control of more than 200 district centers -- about half of 419 in the country -- and is putting military pressure on the country's provincial capitals

US life expectancy in 2020 drops by 1.5 years due to Covid-19 pandemic

The first year of the pandemic delivered a bigger blow to American life expectancy than any year of Vietnam War, AIDS crisis or "deaths of despair" that nudged down life expectancies in mid-2010s

China's 'iPhone city' relocates over 100,000 as floods kill 25

Military blasts dam to divert water threatening heavily populated provinces

Bitcoin extends gain after retaking closely watched $30,000 mark

The largest digital currency rose as much as 3.4 per cent and was holding at about $30,800

China's 'iPhone city' relocates 100,000 people after record rain, flood

Zhengzhou, home to the largest iPhone-making plant, 457.5 millimeters of rain fall in the 24 hours through 5 pm on Tuesday, the highest since records began for the city of more than 10 million people

JPMorgan entices CEO Jamie Dimon to stick around with surprise stock award

At 65, Dimon is the only sitting bank CEO who led a major firm through the financial crisis

Joe Biden Names Tech Foe Jonathan Kanter as DOJ Antitrust Chief

Kanter is the favored candidate of a faction of lawmakers and antitrust experts who say the U.S. economy is plagued by monopoly power across industries

Adani Group stocks fall for second day on Sebi probe over compliance

Shares of all six listed Adani group companies slipped in early trading Tuesday

Apple delays office return by at least a month as Covid-19 spikes in US

The iPhone maker becomes one of the first US tech giants to delay plans for a return to normality

Taiwan to open first Europe office in its name, angers China

The government in Taipei will open its office in the Baltic nation of Lithuania, Taiwan's Foreign Minister Joseph Wu said at a briefing.