The government's reduction in the FAME subsidy for electric scooters in India, which came into effect from June 1, has led to price hikes by electric vehicle manufacturers. The price increases for e-scooters are expected to range from Rs 10,000 to Rs 40,000, as companies anticipate subsidy losses ranging from Rs 10,000 to Rs 60,000.

The union government's investigation against 17 electric vehicle (EV) companies for alleged violation of the FAME scheme is nearing completion. The government is likely to start releasing subsidies for those companies that were not found guilty of any violation.

It is a tale of two stocks - TVS Motor has significantly outperformed its peer Hero MotoCorp in the last many years. In 2023, TVS Motor is up 13 percent while Hero MotoCorp is down 8 percent.

Speaking to CNBC-TV18, Suhas Rajkumar, Founder & CEO of Simple Energy said range, performance and safety, are the three questions that every consumer is asking today, and Simple One will definitely cater to those.

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.25%, S&P 500 0.32%, Nasdaq 0.81% May 6 (Reuters) - Wall Street futures climbed on Wednesday, buoyed by hopes of a U.S.-Iran peace agreement and unrelenting optimism around artificial intelligence. The rally, which took the S&P...

NEW YORK, May 6 (Reuters) - A humming U.S. corporate profit engine is at the heart of the U.S. stock market's rally to record highs - an encouraging sign for investors as long as the fuel driving profits keeps flowing. More than two-thirds through the first-quarter reporting season, S&P 500 companies are on track for their highest quarterly earnings growth...

May 6 (Reuters) - U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices' ( AMD ) strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur the next leg of spending. AMD jumped nearly 18% in premarket trading and is on track to hit a record high if gains hold...

07:49 AM EDT, 05/06/2026 (MT Newswires) -- US equity futures were higher pre-bell Wednesday as oil prices slipped and a peace agreement between the US and Iran was reportedly close to being finalized. Dow Jones Industrial Average futures were 1.1% higher, S&P 500 futures were up 0.9%, and Nasdaq futures were 1.6% higher. The White House believes it is nearing...

The most valuable companies in the world have grown to impressive heights in recent years, with six publicly traded companies reaching market capitalizations of $1 trillion or more. All six companies come from the tech sector, with many offering products and services that consumers use every day. Several of them also made it onto Bankrate's list of top performing stocks....

Key takeaways Business credit cards enable you to separate your business spending from your personal expenses, but they come with fewer consumer protections than personal cards. When choosing between business cards, pick one with rewards offerings that match your business spending patterns. Many business cards require a personal guarantee, which means the issuer can take your personal assets to...

Gold Price Analysis Expected Scenario Gold price is testing the key resistance 2340.10$ and keeps its stability below it until now, to keep the bearish trend scenario active on the intraday basis, waiting to visit 38.2% Fibonacci correction level at 2272.06$. The price needs to break 2324.00$ to ease the mission of heading towards the suggested target, noting that breaching...

June 19 (Reuters) - Retail technology and software provider CDK Global was investigating a cyber incident and had briefly shut all its systems down proactively, it said on Wednesday. The company, which provides software to car dealerships, said its core dealer management system and digital retailing solutions had been restored. CDK Global added that it had tested and consulted with...

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

02:01 PM EDT, 09/11/2024 (MT Newswires) -- Medical Properties Trust's ( MPW ) settlement agreement with bankrupt Steward Health Care has won initial approval from a US bankruptcy judge, media outlets reported Wednesday. The settlement, which would be a step to transitioning Steward hospitals to new operators, is set to receive interim approval from Judge Christopher Lopez, Bloomberg reported. In...

02:08 PM EDT, 09/11/2024 (MT Newswires) -- BriaCell Therapeutics ( BCTX ) on Wednesday announced the pricing of a best-efforts offering of 12.33-million shares, or pre-funded warrants, to raise US$8.5 million. The offering, priced at-the-market under Nasdaq rules, consists of a share or pre-funded warrant being sold at US$0.69 per share, inclusive of the pre-funded warrant exercise price. The offering...

02:12 PM EDT, 09/11/2024 (MT Newswires) -- The Norfolk Southern ( NSC ) board's investigation into CEO Alan Shaw is looking into whether he had an inappropriate relationship with the company's chief legal officer, Nabanita Nag, CNBC reported Wednesday, citing several people with direct knowledge of the matter. On Monday, multiple media outlets reported that Shaw was expected to step...

02:01 PM EDT, 09/11/2024 (MT Newswires) -- Price: 252.46, Change: -4.91, Percent Change: -1.91 ...

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

The crypto industry has been focussing hard on making the business more environment friendly.

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy