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LG Energy Solution posts operating loss in Oct-Dec amid EV market slump

Jan 9, 2026

Seoul, Jan 9 (IANS) LG Energy Solution on Friday said it continued to remain in the red in its fourth quarter (Q4), although its operating loss nearly halved from a year earlier amid weak global demand for electric vehicle (EV) batteries.Operating loss in the October-December period was estimated at 122 billion won ($83.8 million), compared with a…

GST reforms, rural recovery drive strong Q3 for India’s auto sector

Jan 9, 2026

New Delhi, Jan 9 (IANS) India’s automobile industry delivered a strong performance with passenger volumes up 20 per cent YoY in the October–December 2025 quarter, driven by GST reforms, a pickup in rural demand, and sustained festive…

Business

Share of processed foods in agri-food exports reaches 20.4 pc: Govt

Jan 9, 2026

New Delhi, Jan 9 (IANS) The share of processed food exports in agri-food exports increased substantially from 13.7 per cent in 2014-15 to 20.4 per cent in 2024-25, the government said on Friday, adding that the sector is one of the largest…

Business

Ashwini Vaishnaw discusses sovereign GPU manufacturing in India with Nvidia

Jan 9, 2026

New Delhi, Jan 9 (IANS) The Minister for Electronics and Information Technology, Ashwini Vaishnaw, met with global chipmaker Nvidia's team to discuss the development of sovereign graphics processing units (GPUs) and local manufacturing of…

Business

Google introduces new Gemini-powered AI experiences in Gmail

Jan 9, 2026

New Delhi, Jan 9 (IANS) Google has announced to introduce new Gemini-powered experiences, including AI Inbox, for more helpful and personalised insights for its users.The new capabilities have started rolling out in the US to Gmail users as…

Business

SIP inflows at new record high of Rs 31,002 crore in Dec: AMFI data

Jan 9, 2026

New Delhi, Jan 9 (IANS) Equity mutual fund (MF) inflows stood at Rs 28,054 crore in the month of December as systematic investment plans (SIPs) scaled a fresh record high last month, according to the Association of Mutual Funds in India…

Business

NSE, IGX collaborate to launch Indian Natural Gas Futures contract

Jan 9, 2026

Mumbai, Jan 9 (IANS) The National Stock Exchange of India Ltd (NSE) is in ongoing discussions with the Indian Gas Exchange (IGX) to launch an Indian Natural Gas Futures contract, a move aimed at strengthening the country’s natural gas…

Business

French President Emmanuel Macron to visit India for AI Impact Summit in February

Jan 9, 2026

New Delhi, Jan 9 (IANS) French President Emmanuel Macron has confirmed to visit India for the AI Impact Summit to be held in February.He said this while addressing the Diplomatic Corps, where he also talked about the successes of French…

Business

Sensex, Nifty open lower amid fresh concerns over US tariffs

Jan 9, 2026

Mumbai, Jan 9 (IANS) The Indian benchmark indices posted mild losses early on Friday amid rising geopolitical tensions and renewed threats of 500 per cent US tariffs on Indian goods under the provisions of the Russia Sanctioning Act.As of…

Business

Hyundai Motor starts mass production of AI chips for autonomous robots

Jan 9, 2026

Seoul, Jan 9 (IANS) Hyundai Motor Group said on Friday it has started mass production of an on-device artificial intelligence (AI) chip that enables robots to operate autonomously without external network connectivity.The announcement of…

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