Donald Trump–Elon Musk feud impact: Tesla shares slump nearly 6% as political fallout deepens, subsidy threats spook investors

Tesla shares fell sharply on Tuesday as the increasingly bitter feud between CEO Elon Musk and US President Donald Trump flared into the open once again, sparking concerns about potential political retaliation against Musk’s businesses and further spooking investors.Shares of Tesla, already down more than 20% in 2025 amid weakening demand and growing backlash against…

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Leadership shuffle: Tata Sons ropes in consumer veterans to Tata Digital board; balances earlier finance-centric line-up

Tata Sons has inducted Indian Hotels CEO Puneet Chhatwal and Tata Consumer CEO Sunil D’Souza into the board of Tata Digital, a strategic move aimed at bolstering consumer business expertise across the conglomerate’s digital ventures. The reshuffle follows the departure of Tata Digital MD and CEO Naveen Tahilyani in May, after just over a year…

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R&D push gets green light: Cabinet approves Rs 1 lakh crore scheme to boost innovation – Here’s what you need to know

This is an AI-generated image, used for representational purposes only. In a move aimed at accelerating India’s innovation journey, the Union cabinet, chaired by Prime Minister Narendra Modi, approved the Research, Development and Innovation (RDI) Scheme on Tuesday, with a total outlay of Rs 1 lakh crore.Announcing the decision, Union I&B minister Ashwini Vaishnaw said…

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Sensex zooms 12,000 points in just 3 months! Is the Rs 72 lakh crore stock market rally sustainable? Here’s what investors should focus on

The Sensex and Nifty have shown positive performance for four successive months. (AI image) India’s benchmark Sensex has witnessed an exceptional increase of 12,000 points within three months resulting in a Rs 72 lakh crore rally. The remarkable 17% increase from April 7’s low of 71,425 has driven markets near their peak levels again. The…

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‘Make in India’ success: Chinese smartphone brands bet on India for manufacturing & exports; Indian phonemakers compete for assembly

The Indian smartphone sector remains at around 150-160 million units yearly. (AI image) Chinese brands look to ‘Make in India’: Indian contract manufacturers are intensely competing in large-scale smartphone assembly, aiming to secure additional orders from Chinese brands that seek to broaden their manufacturing presence in India amidst shifting global dynamics.Chinese brands, experiencing growth and…

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India-US interim trade deal may be finalised this week, claims report; India hardens stance on agriculture – says ‘red lines will not be crossed’

The US seeks market access for GM crops and cattle feed in India, which presents a delicate situation for New Delhi. (AI image) India-US trade deal: With Indian officials extending their stay in the US, the trade deal between the two countries may be finalised as early as this week. The provisional agreement, amongst the…

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