Minister urges auto industry to deepen localisation, focus on EV technology

IANS | September 2, 2026 1:31 PM

New Delhi, Sep 2 (IANS) Union Minister for Heavy Industries H.D. Kumaraswamy on Wednesday urged the automotive and auto component industry to step up investments in technology, design and domestic value addition, saying India's electric mobility transition should not be judged merely by the number of electric vehicles sold.

India’s data centre capacity expected to jump to 6 GW by 2029

IANS | September 2, 2026 1:17 PM

New Delhi, Sep 2 (IANS) India’s data centre industry is expected to surge from 1.6 GW as of June 2026 to 6 GW by 2029, requiring about $110 billion in capital and driven by AI workloads and hyperscale cloud deployments, a report said on Wednesday.

India’s development lessons can help world: Ajay Banga

IANS | September 2, 2026 10:17 AM

Asheville, Sep 2 (IANS) India has reached a stage where its development experience, including digital public infrastructure and technology-led agriculture, can be shared with other countries, World Bank President Ajay Banga has said.

Apple's new CEO to get $58 million pay package in FY27

IANS | September 2, 2026 10:06 AM

New Delhi, Sep 2 (IANS) US-based Apple Inc.'s new Chief Executive Officer John Ternus will receive a compensation package worth about $58 million in fiscal 2027, while outgoing CEO Tim Cook is set to receive about $47 million in his new role as executive chairman, as per multiple reports.

Consumer prices up 3.1 pc in S. Korea in Aug over fuel, mobile subscription fees

IANS | September 2, 2026 9:38 AM

Seoul, Sep 2 (IANS) South Korea's consumer prices moved up 3.1 per cent in August from a year earlier as oil prices remained elevated, along with higher mobile service subscription charges due to a low base effect from large-scale discounts offered last year following a hacking incident, data showed on Wednesday.