China’s share of global electric car market rises to 76%
China’s share of the global electric vehicle market reached 76% in October, the country’s automotive trade body said, reflecting strong demand for EVs in the country even as western tariffs risk hobbling exports. Between January and October, sales of EVs reached 14.1m units, according to the China Passenger Car Association, with 69% of those sales in China. […]
India’s external debt rises by $31 bn to $647 bn in 2023: World Bank report
India’s total external debt has increased by USD 31 billion to USD 646.79 billion in 2023, according to World Bank International Debt Report. The report further said that interest payment increased from USD 15.08 billion in 2022 to USD 22.54 billion in 2023. While the long-term debt stocks have risen 7 per cent to USD […]
How Trump’s Win Could Fuel Musk and Bezos’ India Ambitions
Donald Trump’s return to the White House is expected to bolster the India expansion plans of Elon Musk and Jeff Bezos. With Trump’s pro-American business policies, the regulatory landscape in India may become more conducive for US companies. Musk’s India Prospects Elon Musk, CEO of Tesla and Starlink, has faced hurdles in entering the Indian […]