Rohit Sharma’s off-side masterclass, complemented by Ryan Rickelton’s on-side dominance, helped the Mumbai Indians end a 14-year wait and begin their Indian Premier League campaign with a commanding six-wicket win over Kolkata Knight Riders at the Wankhede Stadium on Sunday (March 29
Foreign investors are pulling money out of Indian equities at an unprecedented pace, as a global risk-off sentiment and rising energy costs cloud the country’s growth outlook, according to a report by Bloomberg. Overseas investors have sold a net $11
Microsoft is taking over a data centre construction project in Texas after OpenAI declined to pursue it, in a move that will make the two companies neighbours at one of the nation’s largest complexes for running artificial intelligence. Data centre developer Crusoe said Friday it is working with
Global oil prices jumped and stocks fell sharply on Monday morning in Asia after the US-Israel war entered its fifth week. The price of Brent crude rose by more than 3% to above $115 (£86.77) a barrel, while US-traded oil climbed to $103 after gaining around 3.5%
Shaheen Afridi’s awkward reply to Ramiz Raja after PSL ball controversy goes viral. Watch what happened in the final over drama. A viral post-match video from Pakistan Super League 2026 has put Shaheen Afridi under intense scrutiny after a ball-tampering controversy cost Lahore Qalandars a
Sensex opened at 72,565, down over 1,000 points or 1.38 per cent, while Nifty started Monday’s session at 22,549, slipping 267 points or around 1 per cent. Mumbai: Domestic benchmark indices opened sharply lower on Monday, declining over 1 per cent each amid escalating tensions in West Asia
Police arrested Muhammad Roshan in Perinthalmanna for attempting to extort Rs 15 crore. Roshan allegedly threatened to circulate defamatory images of IUML state president Sayyid Sadikkali Shihab Thangal online. He also issued death threats if the matter was reported
According to Satheesan, the UDF should be able to win 100 plus seats. When the Congress wins this election in Kerala, the party will emerge as the largest political force in South India, he says. Five-time Congress MLA is a prominent United Democratic Front (UDF) face in Kerala
Renault to add cheaper batteries for affordable EVs, says CEO Francois Provost
Renault is set to introduce more affordable LFP batteries across its EV range by next year, aiming to reduce electric car costs by 40% by 2028. CEO Francois Provost highlighted that this strategic move is designed to enhance competitiveness against rising Chinese automakers in the European market.
French automaker Renault will introduce more affordable batteries for EVs and speed up development times for all models to better compete with Chinese rivals, CEO Francois Provost said Monday.
Speaking to journalists for the first time since his appointment as CEO in July, Provost said the company has benchmarked itself against Chinese players, and is cutting development times and aiming to reduce the cost of electric cars by 40% between 2023 and 2028.
"Next year, we'll have a second, LFP, battery across all existing Renault vehicles," he said, referring to batteries that are cheaper than batteries containing cobalt.
"I don't know many non-Chinese manufacturers capable of doing this in Europe," added Provost during a press conference at the Munich autoshow.
Renault relies heavily on the European market for sales but is facing rising competition from Chinese automakers as they expand in the region.
Earlier it unveiled the sixth generation of its popular Clio hatchback at the show, its biggest overhaul in 13 years.
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Source: EconomicTimes
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