An Israeli airstrike on a village in eastern Lebanon killed 12 people, state media said on Tuesday (May 26, 2026), as an Israeli official said the military had called up more troops to Lebanon. The strike hit the village of Mashghara in the Bekaa Valley late Monday (May 25)
SC validates nationwide SIR, says electoral integrity cannot be compromisedThe court said the SIR was neither contrary to the statutory framework governing electoral rolls nor an impermissible assumption of citizenship adjudication powers Published on: May 27
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.On Sunscreen Day, dermatologists debunk common myths and share key ingredients to watch forWhether you stay indoors or simply commuting to work
Woman shares 'things she has been told as a big-chested girl in India': 'Could be sign of a disease'At 19, Piyali Roy was told being 'big-chested' could be a disease. She shares the unsolicited advice, policing, and harassment big-chested women face. Published on: May 27
Firefighters battled a grass fire in Edinburgh and temperature records toppled as a spring heatwave scorched parts of Western Europe, triggering government warnings about risks to life. London recorded a rare “tropical night,” defined as one in which the temperature does not fall below 20
‘That is our mistake’: The Whole Truth CEO admits delay in changing ‘No added sugar’ labelThe Whole Truth has agreed to change the “No added sugar” label on its products to “Sweetened with dates” following a complaint raised by a rival brand. Updated on: May 27
Spain’s Consumer Rights Ministry temporarily banned so-called prediction markets Polymarket and Kalshi for operating in the country without a gambling licence, the official state gazette showed on Tuesday. In a statement, the ministry said its gambling watchdog had opened a probe
Karnataka ‘confusion’ to be cleared tomorrow: Minister amid CM Siddaramaiah's resignation buzzReports suggest chief minister Siddaramaiah may be all set to vacate the post, but there is no clarity on whether Shivakumar or someone else would succeed him. Updated on: May 27
Ferrari shares slump after it unveils first fully electric car
Luxury sports car maker Ferrari has unveiled its first fully electric car - the $640,000 (£474,320) Luce.
The new model departs from the look of typical Ferraris as the Italian brand's first ever five-seater, created in collaboration with the LoveFrom agency founded by former Apple design chief Sir Jony Ive.
Responses on social media to the launch ranged from describing it as "straight to the junkyard trash" to an "absolute masterclass in design". On Tuesday, the firm's shares fell more than 8% on the Milan stock market and by over 5% in New York.
Supercar rivals like Lamborghini and Porsche have scaled back on their EV plans due to poor demand and intense competition from Chinese brands.
Ferrari chief executive Benedetto Vigna said in Rome that the Luce, Italian for "light", has taken half a decade to develop.
Vigna also showed the new car to Pope Leo on Tuesday, who sat in the vehicle and was presented with its steering wheel.
Ferrari plans to roll out the electric vehicle (EV) after previously ruling out such a move, opting instead to make hybrid cars that are powered by both petrol and electricity.
The Luce runs with a Ferrari-made electric motor on each wheel, helping the car to hit 60mph (96km/h) in around 2.5 seconds.
The firm said that all of the components are made in-house, so that the car can be repaired by the company well into the future, protecting the Luce's resale value.
The shift by motor industry giants to EVs has faced major obstacles in recent years.
Carmakers including Ford and Volkswagen have doubled down on petrol cars, especially in the US, due to poor demand and regulatory changes under President Donald Trump, who has cut incentives for EV buyers.
The launch of Jaguar's electric concept car was heavily criticised for abandoning the British brand's classic styling.
Ferrari's unveiling of Luce has faced similar criticism.
One account on X said: "Ferrari just killed their brand just like Jaguar did. This is straight to the junkyard trash."
"What is going on with European Luxury car manufacturers? First Jaguar and now Ferrari", another account posted.
But not all commentators reacted negatively to the new car, with one post saying: "Absolute masterclass in design. Ferrari just unveiled the breathtaking LUCE concept, and it is a total game changer."
Ferrari's chief design officer Flavio Manzoni said in an interview with YouTuber Cleo Abram that critics are part of the innovation process.
He acknowledged the concept of an electric Ferrari with a new design is "polarising" but believes people will appreciate it in months to come.
Ferrari has also said it will continue offer petrol and hybrid cars along with its all-electric vehicle.
Meanwhile, Ferrari's direct competitors have rolled back their EV ambitions.
Lamborghini abandoned its plans to launch all-electric cars, pivoting to hybrid models instead, citing low demand for high-end luxury EVs.
Germany's Porsche has scaled back its EV plans due to weak demand, caught between poor sales in China and tariffs in the US.
Western carmakers have also faced intense competition from Chinese carmakers, which are able to produce vehicles faster and more cheaply.
Ferrari is Europe's most valuable carmaker. It relies on selling highly exclusive cars - a strategy that has helped to shield Ferrari from much of the pressure faced by rivals.
Yet Ferrari's shares have dropped by more than 30% over the past year, mirroring a wider slump across luxury brands as inflation around the world has shaken demand for high-end goods.
Source: BBC
Related Posts: Ferrari unveils first fully electric car Early Bhavish Aggarwal backer Z47 fully exits Ola Electric with 7-10X returns Bhavish Aggarwal Partially Sells Ola Electric Stake After Stock Slump India’s first electric car Toyota’s first electric car for India Genesis Unveils GV60 Magma As Brand's First High-Performance Electric Vehicle India's longest-range electric car Electric car charging at home vs public charging What to do if your electric car’s battery discharges in middle of journey Electric vehicle prowess helps China's flying car sector take off
The Indian equity market opened on a muted note on Tuesday, tracking mixed domestic cues despite supportive global sentiment. At 9:17 am, the Nifty 50 was trading marginally higher by 10 points at 23,921.95, while the Sensex hovered near the flatline around 76,025
3 minutes ago
South Korean authorities have arrested a YouTuber who allegedly made defamatory claims about actor Kim Soo-hyun, fuelling a scandal that halted the A-lister's career. Police and prosecutors allege that Kim Se-ui, who runs the popular YouTuber channel Hover Lab
2 minutes ago
The Central Board of Secondary Education (CBSE) responded to reports of a 19-year-old man hacking its On-Screen Marking (OSM) portal, saying it was a testing site loaded with only sample data for internal testing purposes. The response came after the CBSE faced widespread backlash after a
3 minutes ago
Byju Raveendran, founder of Byju’s, was sentenced to six months’ imprisonment by a Singapore court for contempt of court, as Raveendran reportedly violated multiple court orders. The court also directed him to pay a fine of $70,500. According to Bloomberg report
3 minutes ago
Ranveer Singh’s exit from Don 3 has become one of the top controversies of the year. The actor is embroiled in a legal battle with Farhan Akhtar’s Excel Entertainment and has also been facing a non-cooperation directive by the Federation of Western India Cine Employees. Amid all this
2 minutes ago
The Central Board of Secondary Education (CBSE) has been hit by a fresh digital storm after a 19-year-old cybersecurity researcher, Nisarga Adhikary, claimed to have revealed critical vulnerabilities within the board’s newly introduced On-Screen Marking (OSM) portal. The disclosures
3 minutes ago
May 27, Birthday Horoscope: Here's what the tarot cards have in store for youIf your birthday falls on May 27, here’s what your year ahead looks like, as per Tarot. Published on: May 27, 2026 11:00 AM IST By Kishori Sud Share via Copy link If you were born on May 27
1 minutes ago
IndiGo passengers walk on plane wing at Bengaluru airport amid smoke scare. VideoIndiGo flight 6E 6017 from Bengaluru to Chennai was taxing out to the runway for departure when smoke was noticed in the aircraft. Updated on: May 27, 2026 10:56 AM IST By Trisha Sengupta Share via Copy link A flyer
1 minutes ago
Candace Owens challenges TPUSA over Charlie Kirk succession, ‘Send me the video of Charlie appointing Erika…’Candace Owens has asked TPUSA producer Blake Neff to share with her the video of Charlie Kirk appointing his wife Erika Kirk as the CEO. Updated on: May 27
2 minutes ago
A social media post about an alleged job interview experience in South Korea has sparked an online debate about appearance-based discrimination in workplaces. The discussion began after a woman claimed her friend was rejected during an interview because she was overweight
1 minutes ago
For years, critics within and outside the Congress questioned whether Rahul Gandhi had the instinct—and the authority—to take hard political calls that could upset entrenched interests inside the party. But over the last few weeks, the Congress leader appears to have done exactly that.For years
3 minutes ago
Ridhima Pandit takes a dig at Ananya Panday's ‘guts’ over Bharatanatyam fusion in Chand Mera DilThe internet has been flooded with clips of Ananya Panday performing a fusion Bharatanatyam routine in Chand Mera Dil, and now Ridhima Pandit has reacted to it. May 27, 2026
2 minutes ago
Top neurosurgeon Dr Chirag Patel suspended over sexual relationship with patient: ‘I was afraid if she…’UK neurosurgeon Dr Chirag Patel has been suspended for 8 months over a sexual relationship with a patient and prescribing her addictive meds. Published on: May 27
3 hours ago
Biker critically hurt after crashing into parked cab on Delhi-Jaipur highwayPolice said the impact completely damaged both vehicles and set the motorcycle on fire near Narsinghpur. Published on: May 27, 2026 7:34 AM IST By Debashish Karmakar Share via Copy link A 22-year-old man was critically
3 hours ago
From a starry new adaptation of the classic thriller to the return of the spectacular Game of Thrones prequel – and a sketch series about US history created by Larry David. Mindy Kaling has been behind the scenes more than she has been on screen lately
3 hours ago
On the question of utility, AI seems to be on shaky groundThe biggest AI developments, decoded. 27 May 2026. Published on: May 27, 2026 8:00 AM IST By Vishal Mathur Share via Copy link Cognitive warmup. Considering what AI companies tell us, chatbots are a mix of precise elders’ wisdom and an
3 hours ago
Apple is seemingly looking to take a page out of Google's playbook in order to fortify security on iPhones by introducing a feature that automatically locks the device the moment it detects that it has been snatched from the user’s hand, similar to Android's Theft Detection Lock
3 hours ago
Love Horoscope Today for May 27, 2026: Past love may resurface for these zodiac signsLove Horoscope Today: Find daily astrological predictions for all sun signs. Published on: May 27, 2026 7:34 AM IST By Kishori Sud Share via Copy link Aries Past love energy may return strongly today. Memories
3 hours ago
Rail Vikas Nigam Limited (RVNL) reported a standalone net profit of Rs 212 crore in the March-ended quarter versus Rs 373 crore in the year ago period, registering a 43% fall. The railway PSU company posted a revenue growth of 5% to Rs 6,648 crore in Q4FY26 versus Rs 6
3 hours ago
Scores head to Bangladesh border amid Bengal’s migrant crackdownChief minister Suvendu Adhikari said those found to be Bangladeshi nationals should leave the country voluntarily. Updated on: May 27, 2026 7:19 AM IST By Joydeep Thakur Share via Copy link Scores of people identified by authorities
3 hours ago
Google techie with ₹80 LPA rejected by Indian startup over college CGPAA techie earning ₹80 LPA spoke with Hindustantimes.com after an Indian startup rejected him on WhatsApp over an old college CGPA. Published on: May 27, 2026 6:47 AM IST By Trisha Sengupta Share via Copy link An Indian
3 hours ago
As Bakrid approaches, many customers are confused about whether banks will remain closed on May 27 or May 28 in 2026. The confusion mainly emerged because moon sighting and regional announcements led to holiday revisions in several states. Here is everything you need to know about the Bakrid bank
3 hours ago
'Special exam for students who skip paper on Eid': DU tells court after Muslim student's pleaA petition was filed by a fourth-semester law student challenging Delhi University’s decision to hold examinations on Eid. Updated on: May 27, 2026 7:46 AM IST By Shruti Kakkar
3 hours ago
The Delhi Development Authority (DDA) has announced the second phase of its “Karmayogi Housing Scheme-2025” in Narela, offering 1,522 newly built flats for government employees and pensioners. Online booking for the flats will begin on June 1 at 12 noon on a first-come, first-served basis
3 hours ago
Manchester City are leading the race to sign Elliot Anderson, with the Nottingham Forest midfielder leaning towards a move to Etihad Stadium instead of rivals Manchester United. There is a growing expectation Anderson will leave the City Ground this summer
3 hours ago
At the interbank foreign exchange market, the rupee opens at 95.43 against the US dollar, down 17 paise from its previous close. The Indian rupee on Tuesday declined 17 paise to 95.43 per US dollar in the opening trade, as fresh US strikes in the Middle East dent optimism over an imminent peace
3 hours ago
From Punjab to West Bengal, leaders of major Opposition parties such as the Samajwadi Party, the Trinamool Congress and the Aam Aadmi Party have voiced support for the Cockroach Janta Party over the past week. The satirical political campaign has gone viral
3 hours ago
