Business

New cars are more expensive than ever, with average prices in the US exceeding $50,000 for the first time in September, up 3.6% from 2024, according to auto research company Kelley Blue Book. Luxury cars are pushing that growth, according to KBB. The average price of a vehicle from Porsche AG is $115,407, the highest…

A Sovereign Gold Bond (SGB) bought eight years ago has turned a Rs 1 lakh investment into more than Rs 4.4 lakh, after the Reserve Bank of India announced the final redemption price for the 2017-18 Series-X tranche. The RBI said in its statement dated 3 December 2025 that this series will mature on Thursday,…

Russian President Vladimir Putin said his five-hour talks with U.S. envoys on ending the war in Ukraine were “necessary” and “useful” but also “difficult work,” with some of the proposals unacceptable to the Kremlin. Putin spoke to the India Today TV channel ahead of his visit to New Delhi on Thursday, and while the full…

The Seamless Tube Manufacturers’ Association of India (STMAI) on Thursday urged the government to introduce a production-linked incentive (PLI) scheme covering at least 10 per cent of exports of their products, ahead of the Union Budget. STMAI President Shiv Kumar Singhal also urged stricter measures to curb illegal imports of seamless pipes, which are affecting…

Taiwan’s UMC in pact with Polar to explore US production of eight-inch chip Source link