Rough November for Elon Musk’s Tesla: US sales sink to nearly 4-year low; cheaper EV versions fail to spark demand

Tesla’s latest attempt to revive demand in the United States faltered in November, with the company posting its weakest monthly sales in nearly four years, despite rolling out cheaper versions of its most popular electric vehicles. Exclusive figures shared with Cox Automotive, cited by Reuters show that US sales fell to about 39,800 units, a […]

Economy

Deal activity shifts from US to Europe as Indian IT notches strong November wins

Indian IT firms saw deal momentum tilt decisively towards Europe in November 2025, securing 10 contracts across digital-modernisation programs even as North America posted no wins. According to a BNP Paribas report, among geographies, deal-win announcements were concentrated in Europe, while the rest of the World remained steady with one deal, the same as last […]

For the first time! China trade surplus hits $1 trillion in November; exports to US continue to slide

China ended November with a historic milestone, recording an annual trade surplus of more than $1 trillion for the first time. Official figures released on Monday show that booming exports to markets outside the United States more than compensated for shrinking US demand.The breakthrough came only weeks after Presidents Xi Jinping and Donald Trump negotiated […]

Economy

Delhi’s November power demand creates record; December to follow suit

Delhi’s winter power demand is creating new records with November clocking 4,486 megawatt (MW) on November 28th—highest ever for the month with expectations that December to follow similar trends. Between November 16 to 30, the national capital recorded its highest daily power demand for this fortnight compared to the corresponding period over the last five […]

Economy

Pent up demand, GST rate cut helps diesel consumption hit second-highest level in November

India’s diesel consumption rose to its second highest on record during November 2025 as GST rate cuts and pent up demand coupled with the festival and marriage season fuelled an expansion in output and new orders boosting freight and logistics activity. According to the Petroleum Planning and Analysis Cell (PPAC), India’s diesel consumption rose to […]

‘Strong wicket’: Piyush Goyal says November exports show healthy rise; merchandise trade picks up after October slump

India’s exports posted a healthy rise in November after a sharp fall in October, Commerce and Industry Minister Piyush Goyal said on Wednesday, indicating that outbound shipments had regained momentum despite global volatility. He did not reveal the numbers, with the commerce ministry set to release official data on December 15.According to PTI, Goyal said […]

Economy

Goods exports growth in November greater than the decline in October: Goyal

Commerce Minister Piyush Goyal  Goods exports from India are on a “strong wicket” and there is a growth in exports in the October-November 2025 period despite the global turmoil, Commerce Minister Piyush Goyal has said. “Incidentally, November exports have gone up by a greater amount than what had gone down in October. If I aggregate […]

Growth pulse: Services activity picks up in November; PMI rises as new orders strengthen & price pressures ease

India’s services sector regained momentum in November as firms reported a quicker rise in new business and only mild price pressures, helping the industry rebound after losing pace in October, according to PTI. The latest HSBC India Services PMI survey showed a broad improvement in operating conditions, supported by stronger domestic demand.The seasonally adjusted HSBC […]