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Rupee down: India-Pakistan conflict pushes currency to worst day in over two years, falls 1% against US dollar

[ad_1] The rupee’s 1-month implied volatility, a gauge of future expectations, rose to an over two-year high of 6.3% | Photo Credit: FRANCIS MASCARENHAS The Indian rupee weakened sharply to log its steepest fall in more than two years on Thursday as the ongoing India-Pakistan conflict hurt the currency alongside the country’s bonds and equities….

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Trump Administration to Announce Trade Deal With Britain

[ad_1] For Britain’s prime minister, Keir Starmer, the trade deal would offer vindication for his assiduous cultivation of Mr. Trump. During his visit to the Oval Office in February, Mr. Starmer turned up with an invitation from King Charles III for the president to make a rare second state visit to Britain. The Trump administration…

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Tesla Sales Plunge In Both China And Europe

[ad_1] Tesla’s China-made vehicle sales dropped sharply in April, bucking the trend of strong growth among major Chinese EV competitors, according to CNEVPOST. According to the China Passenger Car Association (CPCA), Tesla sold 58,459 vehicles last month (including exports), down 5.96% year-over-year and 25.84% from March’s 78,828 units. From…

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Columbia’s acting president slams storming of library by anti-Israel agitators

[ad_1] The acting president of Columbia University strongly denounced the occupation of the campus library on Wednesday after more than 100 anti-Israel agitators stormed it, resulting in dozens arrested and two university officers injured. Claire Shipman issued a statement to the campus community on Wednesday night addressing the hours-long incident at Butler Library, which she…

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Mobis India launches EV battery assembly plant to boost electric mobility

[ad_1] Tamil Nadu’s Industries Minister TRB Rajaa, inaugurating the EV Battery System Assembly Plant at Sriperumbudur in the presence of TM Anbarasan, Minister for Micro, Small and Medium Enterprises; Kalaiselvi Mohan, District Collector – Kancheepuram; Park Ki Chul, Managing Director, Mobis India and CS Gopalakrishnan, Whole-time Director and Chief Manufacturing Officer – Hyundai Motor India…

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