GM Takes $6 Billion Charge as EV Sales Sputter
General Motors records a massive $6 billion charge as US tax credit cuts and eased emissions standards slow EV adoption. Explore the impact on the auto industry's electric future.
General Motors records a massive $6 billion charge as US tax credit cuts and eased emissions standards slow EV adoption. Explore the impact on the auto industry's electric future.
General Motors announces a massive $6 billion charge due to EV production cuts, bringing total losses to $7.6 billion. Read how US policy changes under Trump are reshaping the auto industry.
General Motors' US auto sales fell 6.9% in Q4 2025 as EV transactions plunged. However, annual sales grew 5.5%. Toyota and Stellantis posted quarterly gains. Read the full analysis.
Tata Motors announces robust December 2024 sales, registering a 25% year-on-year growth. Discover the key drivers behind this impressive performance and the outlook for 2025.
ICRA sharply revises India's aviation sector loss projection to Rs 17,000-18,000 crore for FY26, driven by IndiGo's operational disruptions in December. Read the full analysis.
Tata Motors Commercial Vehicles stock gains 4%, hitting ₹428.20, fueled by 'buy' ratings from Nomura, JPMorgan, and others. Analysts see up to 40% upside potential. Read more.
A senior Russian military general was assassinated after an explosive device detonated under his car in Moscow. Authorities have launched a terror probe into the shocking attack.
Sterling Anderson, who clashed with Elon Musk at Tesla, is now a top GM executive and a potential successor to CEO Mary Barra. His rise shakes up the auto giant's leadership plans. Read more.
A senior Russian military commander, Major General Vadim K., is assassinated in a car bomb explosion in Moscow. Investigators treat it as a terrorist act. Read the latest details.
A senior Russian military commander, Major General Stanislav Rzhitsky, was assassinated in a car bomb attack in Moscow. Ukraine's involvement is suspected. Read the full details.
IndiGo's service crisis leaves tourists stranded, forces tour operators to face heavy losses during the crucial Oct-Apr season. Key festivals like Hornbill impacted. Read more.
Cybercrime in India is outpacing defences, with SMS scams causing unprecedented financial losses. Experts warn that current regulations offer an illusion of safety. Read more.
Geoffrey Hinton predicts AI will cause massive unemployment, clashing with views of Nvidia's Jensen Huang. He warns of economic upheaval as tech giants invest trillions. Read the full analysis.
A CAG report tabled in the MP Assembly reveals the alarming erosion of net worth in six state PSUs, with combined losses of over ₹42,410 crore. Details on power discoms, IT parks, and MSME development failures inside.
Mark Zuckerberg's Meta is planning deep cuts of up to 30% in its metaverse division, Reality Labs, as the company pivots focus towards artificial intelligence. Read the full report.
Russian forces claim to have wiped out a Ukrainian assault company in Sumy. Putin reiterates plans to 'liberate' Donbass. Read the latest on the escalating conflict.
Paramount Skydance hikes its breakup fee to $5 billion to acquire Warner Bros Discovery, signaling confidence against Netflix and Comcast. The winner could be chosen in weeks.
Meta Platforms is planning deep cuts to its metaverse division, including Horizon Worlds, with potential layoffs. The shift comes as the company refocuses on AI. Read the full report.
The financial rehabilitation for Jammu & Kashmir's disturbance-hit businesses moves at a snail's pace, covering only 12% of affected accounts. Read about the delays and economic impact.
Contractual employees of PRTC, Punbus, and roadways have struck work 15 times this year, causing massive revenue losses and disrupting bus services across Punjab. The core issue is the opposition to the kilometre scheme, seen as privatisation.
Retail investors in India who followed Michael Saylor's Bitcoin vision via MicroStrategy are facing steep losses as leveraged ETFs tied to the stock plummet over 80%. The crypto slump erases gains.
Rich Dad Poor Dad author Robert Kiyosaki claims the biggest market crash has started due to AI-driven job losses. He recommends silver as the best investment option. Read his full analysis.
Over 1,000 Amazon employees sign open letter warning about AI's climate damage, job losses & ethical concerns. Read their demands to leadership.
Deepika Padukone's skincare brand 82°E reduces product prices after facing Rs 37 crore losses. The most expensive item now costs Rs 2900. Read the full analysis here.
Russia's Defence Ministry claims Ukrainian forces suffered 1,460 casualties in 24 hours. Moscow reveals advancing toward Gulyaipole after securing Zatishye. Latest updates on the conflict.
As Ukraine faces territorial losses and corruption scandals, analysts question what terms Putin might accept in peace talks. Read the latest developments.
Tata Motors Passenger Vehicles share price gained over 3% after launching the iconic Sierra SUV. Discover how this move aims to boost market share and analyst price targets.
The United Nations has officially commenced the selection process for its next secretary-general, with the Security Council set to recommend a candidate to the General Assembly in late 2026. Follow the latest developments.
Tata Motors PV shares declined 1.5% despite positive market as company prepares for Sensex exit. Experts remain positive on long-term growth prospects and EV dominance.
UPERC maintains electricity rates for FY 2025-26, reduces green energy charges, and sets aggressive distribution loss targets. Consumers benefit from stable pricing.