VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, on Thursday announced an investment of Rs 544 crore (about 576 million Swedish Krona) to set up a new factory for the production and final assembly of Volvo Group’s advanced 12-speed Automated Manual Transmission (AMT) systems.
India's smartphone exports touched $13.4 billion in the first half of FY26 (April to September), marking a 59 per cent jump from $8.5 billion in the same period last year, according to industry estimates.
The Indian satellite communications (satcom) market, valued at $4.3 billion in 2024, is expected to triple to $14.8 billion by 2033, underscoring both the economic and strategic potential of the sector, according to Union Communications Minister Jyotiraditya Scindia.
Gold prices touched a new record high on Monday, crossing the $3,900 per ounce mark, as investors rushed to the safe-haven asset amid fears of a prolonged US government shutdown and expectations of more rate cuts by the Federal Reserve.
