Indian auto industry sees best-ever May retail sales at over 25.3 lakh units

IANS | June 8, 2026 9:40 AM

New Delhi, June 8 (IANS) The Indian auto industry saw its best-ever May retail sales at 25,31,067 units during the month, a 9.55 per cent year-on-year expansion -- with passenger vehicles (PVs) witnessing a robust 23.25 per cent growth, the Federation of Automobile Dealers Associations (FADA) data showed on Monday.

Nvidia, SK hynix sign multi-year deal for AI factories

IANS | June 8, 2026 9:23 AM

Seoul, June 8 (IANS) Nvidia and SK hynix said on Monday they have entered into a multi-year technology partnership to advance next-generation memory technologies for artificial intelligence (AI) factories.