Rivian Surges 5.5% After Exceeding Q4 Delivery Expectations
Rivian Automotive Inc. announced it delivered 14,183 vehicles in Q4 2024, exceeding expectations. The company also resolved previous component shortages, with stock surging 5.58% p...
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President Biden Blocks Nippon Steel's $14.9 Billion Acquisition of US Steel
President Biden has blocked Nippon Steel's $14.9 billion acquisition of US Steel, citing national security and supply chain risks. The decision underscores the importance of keepin...
India's Forex Reserves Witness a Sharp Decline: A $4.11 Billion Drop to $640.27 Billion
India's foreign exchange reserves have decreased by $4.112 billion to $640.279 billion, as reported by the Reserve Bank of India. This decline is part of a consistent decrease in r...
Tata Elxsi and Qualcomm Technologies Forge Ahead: A Revolutionary Collaboration in Automotive Software Development
Tata Elxsi and Qualcomm Technologies Inc. are collaborating to revolutionize automotive software development through virtual models of Snapdragon Digital Chassis solutions, aiming ...
Unlock the Digital Era: Your Guide to Downloading and Utilizing the e-Aadhaar Card
Discover how to download, use, and benefit from the e-Aadhaar card, a secure and convenient digital version of the Aadhaar card issued by UIDAI, essential for various government an...
HSBC Predicts Robust 12.5% Credit Growth for Indian Banks by 2024-25
Indian banks are expected to see a 12.5% credit growth in FY25, despite challenges like tight liquidity and GDP slowdown. Retail loans show positive momentum, with significant grow...
Anticipated 50 bps Rate Cut by RBI in Early 2025 to Boost Economic Growth
The Reserve Bank of India is expected to cut policy rates by 50 bps in early 2025 to support economic growth, despite potential short-term impacts on banks' earnings and asset qual...
Altair India and CAAR Join Forces to Revolutionize Automotive Technology
Altair India and CAAR have signed an MoU to collaborate on advancing e-mobility, autonomous systems, and sustainable vehicle development. This partnership aims to reduce product de...
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