The new EV policy of the Central Government can be launched soon to promote the industry associated with electric vehicles (EV) in the country. The objective of this policy is to encourage international automobile companies to manufacture EVS in the country. However, Tesla of Billionaire Elon Musk is not much interested in this policy. The…
Seven executives of the unit of South Korea’s electronics and devices maker Samsung have approached a court to reject a penalty of about 8.1 million dollars (about Rs 692 crore) from a court. This penalty is involved in a tax demand demand of about 60.1 million dollars (about Rs 5,135 crore) for the wrong classification…
Crypto’s segment has increased rapidly over the years. This year has been quite volatile in the price of this market’s most popular cryptcurrent Bitcoin. Behind this, American President Donald Trump is a major reason for imposing heavy tariffs on imports from many countries including China. However, Bitcoin has recovered from Trump’s indication of compromising on…
Samsung, one of the large consumer electronics and smartphone companies, has challenged a tax demand of about $ 52 million (about Rs 4,380 crore) in India in a tribunal. This tax demand is reportedly associated with imports with wrong classifications of networking gear. A report by Reuters quoted the documents related to the case as…
American President Donald Trump has expressed displeasure over Tesla’s plan to set up a factory in India. This company of Billionaire Elon Musk is preparing to set up a factory in the country for exemption in tariffs. Tesla is facing difficulties in big markets like China. “If you set up a musk factory in India,…
Tesla’s electric cars included in large electric vehicle (EV) companies may start selling in India soon. The company has planned to bring a few thousand electric cars in the country. Last week, Prime Minister Narendra Modi held a meeting with Tesla’s Chief, Elon Musk during a visit to the US. One of bloomberg Report It…
American devices maker Apple’s iPhones are also at risk of tariff. The company’s CEO, Tim Cook has a meeting with President Donald Trump. However, the agenda of this meeting has not been detected. It is being told that Cook has talked to Trump on issues like tariff. One of bloomberg Report According to, applying 10…
A new EV policy can be announced soon to increase the manufacturing of electric vehicles (EV) in the country. In this policy, the limit of funds spent on infrastructure related to charging can be fixed for tax exemption on imported EV. The American EV maker Tesla plans to start business soon in India. An EV…
Tata Motors, one of the large automobile companies, have started a trial of trucks using hydrogen as fuel. Most trucks in the country run on diesel. This is a major cause of pollution. The use of diesel may also reduce the import of fuel of the country. Transport Minister Nitin Gadkari and Tata motors The…
For the past few weeks, the Crypto market has volatility with strict decisions and macro economic signals of American President Donald Trump. The crypto market was boom on Thursday, postponing Trump’s automobile’s import for a month. The biggest cryptocurrency Bitcoin was more than 1.80 percent profit in terms of market value. International Crypto Exchange after…