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3 mins read
5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time
The Chinese EV giant announced record revenues in its Q3 earnings on Wednesday, surpassing Tesla's …
Tom Carter
2 mins read
Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…
ANI
5 mins read
Indian markets surging to all time highs today: What's happening post Fed decision?
The BSE Sensex surged by 1,400 points to close at 84,544.31, while Nifty rose over 1% to 25,790.95.…
1 min read
India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets
India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…
ANI
1 min read
Companies discussing labour shortage up by 28% in 2022: Report
The number of companies mentioning labour shortage in their quarterly earnings filings globally inc…
2 mins read
Brace for another Fed rate hike thanks to a 'problematic' surge in oil prices, billionaire investor Jeff Gundlach says
The US central bank will likely increase interest rates again as higher oil prices fan inflation ri…
Zahra Tayeb
2 mins read
New home sales surprisingly surged 20% last month. It shows the fight against inflation is working.
The big jump in new home sales was a surprise given the sharp increase in mortgage rates over the p…
Zahra Tayeb
4 mins read
Motherson Group to reportedly acquire Italian auto components maker Marelli – here’s what it means
Motherson Sumi already has past experience with Marelli – it had entered into a joint venture …
4 mins read
Sensex, Nifty50 surge in morning trade: HDFC twins, Bajaj Finance amongst top gainers
India’s benchmark indices are likely to open on a negative note on Wednesday amid negative sentimen…
3 mins read
Coherent surges 16% after electronic-components maker II-VI Incorporated offers $260 a share in buyout bid
II-VI is the third company in less than a month to make a bid for Coherent, proposing a $6.5 billio…
Will Daniel
2 mins read
The stock market is poised to surge 2% on Tuesday if new inflation data cools down as expected, JPMorgan says
An inflation print of between 6.0% and 6.3% "would likely pull yields lower, along with the US Doll…
Matthew Fox
3 mins read
Digital twins market to surge as e-tailers enhance their offerings
Irrespective of the industry, most enterprises plan to actively participate in an economy that…
2 mins read
SpiceJet’s Q3 net profit jumps 162% to ₹110 crore on air travel recovery, shares surge 13%
Low-cost carrier SpiceJet posted a 162% surge in net profit to ₹110 crore for the December quarter,…
2 mins read
Wharton Professor Jeremy Siegel says the surge in oil prices won't be a big problem for inflation as natural gas keeps plummeting
"Natural gas, which is more important for heating and electricity generation, actually bumped to ne…
Matthew Fox
3 mins read
Surging oil prices will have ripple effects far from the gas pump
Fluctuating oil prices could send shock waves through the economy in unexpected ways, impacting eve…
Avery Hartmans
2 mins read
NASA starts assembling Artemis moon mission rocket
In preparation for the Artemis I launch next year, NASA has stacked the first piece of the Space La…
4 mins read
Shares of this electric bus maker have surged 540% in the last 12 months
Hyderabad-based Olectra Greentech has quietly made its shareholders rich over the past year. An inv…
1 min read
The European Union wants to raise $140 billion in windfall taxes from energy companies to soften the hit to consumers from surging prices
"It is wrong to receive extraordinary record profits benefitting from war and on the back of consum…
Carla Mozée
3 mins read
Housing costs surge at record speed as renters and new home owners suffer a double whammy of high inflation and huge rate hikes
Food and gas prices aren't surging at the rate seen earlier this year. Rent and mortgage payments h…
Ben Winck,Alcynna Lloyd,Madis…
2 mins read
UBS says the surging US dollar has yet to hit its peak, because the Fed doesn't think its job is done yet
The Ukraine war will keep strengthening the safe-haven dollar, while Friday's jobs report will shed…